Unemployment is inching up, tech layoffs continue and IPOs are waning. Experts expect a downturn, but it’s still possible the state will avoid a recession.

A bill aims to create new rules for California’s mostly unregulated debt settlement industry. AB 1405, expected to pass through Senate committees, comes at a time when the industry expects to see a 75% increase in account enrollment.

The City Council discussed shooting birds at the airport and the city’s $5.2 billion debt at last week’s meeting. How much time and attention did each topic receive?

Hold on to your wallets, kids! Ex’pression College for Digital Arts, a for-profit college, is opening up a new campus in San Jose in September 2012. According to the San Jose Business Journal, the school is leasing 65,000 square feet of office space in Ridder Park Technology Center in North San Jose. The group plans to spend $3 million to rehabilitate the space and will serve up to 550 students. Their main bay area campus, serving 650 students, is located in Emeryville.

I recently attended funerals for individuals who were older than 90 and 100 years old. As usually done at funerals, family and friends shared stories about the deceased. One theme that emerged at both funerals was that older generation are more frugal. Shaped by the depression, they spent less than they made and had no expectations for assistance. At the funeral people repeatedly quoted the refrain, “Live beneath your means.”