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.
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California Juggles Funds as Budget Deficit Balloons to $31.5B
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Smaller Banks Say Crisis Is Contained, but Fears Persist
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California Faces $24B Budget Deficit After Big Surplus
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California Has Not Regained All of the Jobs Lost in Pandemic-Caused Recession
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California Is Awash in Cash, Thanks to a Booming Market
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Race Takes Center Stage and Front Page
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“Recession cranks up pressure on white men.” So reads the subhead of a front page piece that appeared in the Aug. 23 edition of the Mercury News. According to Bay Area News Group reporters Mike Swift and Josh Richman, there seems to be something brewing in our nation’s “troubled soul.”
“Many say the tempest over health care has its origin in the new administration’s breathtaking pace of change.” Who are these “many?” The article doesn’t really say.
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