Economy

Single Payer Bill Advances

AB 1400, California’s Single Payer health care bill, passed out of the Assembly Health Committee last week and is scheduled to be heard in...

Calif. Finance Director Says Budget Windfall Gives State Opportunity to Invest in Its Future

California’s revenues and economic conditions have continued to improve, enabling the state to address some of its greatest threats, such as climate change, the...

Governor Newsom has Proposed the Fourth State Budget of His Term, and It’s a...

The proposed budget tops out at more than a quarter-trillion dollars, larger than the entire economies of Vietnam, the Czech Republic or Portugal. The...

CalChamber Issues Statement on Governor’s Budget Proposal

CalChamber President and CEO Jennifer Barrera today responded to Governor Gavin Newsom’s budget proposal with the following statement: “CalChamber commends Governor Newsom for taking decisive...

Federal Large Employer Vaccine Mandate – When Will it Hit California Workplaces?

The federal vaccine mandate for large employers (the “Federal Vaccine Regulation” or “Regulation”) pushed by the Biden administration has been in the news since...

State Finance Director to Review Governor’s 2022 Budget in Free Webinar

Update: Calif. Finance Director Says Budget Windfall Gives State Opportunity to Invest in Its Future, January 13, 2022 Finance Director Keely Martin Bosler will be outlining...

The Most Significant Security Breach in History. And It’s Not Over Yet.

On November 24, 2021, Chinese technology giant Alibaba notified Apache Software Foundation of a flaw in its log4j software that has existed for years....

CalChamber Board Votes to Oppose Tax Cut and Housing Affordability Act

The California Chamber of Commerce Board of Directors has voted to oppose The Tax Cut and Housing Affordability Act of 2022, which proposes a...

State Leaders Should Use Budget Surplus to Restore Tax Incentives, Repay UI Debt

Only 18 months ago, expecting a massive pandemic-induced collapse of economic activity, California finance officials predicted a staggering $54 billion state budget deficit. The...

California Should Reinstate Suspended Tax Credits with Another Historic Budget Surplus Coming

It’s hard to believe, but a little more than a year-and-a-half ago California’s financial prognosticators thought the state was barreling into a $54 billion...

Privacy in China

China drafted its new privacy legislation, in part, after the European GDPR, in order to better compete against American companies. Modeled primarily after the...

The People’s Voice: Voters Anxious About Public Safety

Last week we reported about California voters’ deep concerns over an increasing cost of living and the fear of falling further behind. Eighty-five percent...

Voice of the People: Economic Security Top of Mind for Voters

Increasing cost of living and fear of falling further behind add up to California voters apprehensive about their future. The seventh annual CalChamber poll,...

State Opens Grant Program for Live Venues Hit by COVID-19

From October 29 through November 19, the state is accepting grant applications from independent live event venues that have been affected by the pandemic. The California...

California, U.S. Open to Foreign Travelers Starting Nov. 8

California’s tourism industry is anxiously awaiting the day when international travelers will be able to again visit the United States. And that day will...

CalChamber, Coalition Urge Congress to Reject Tax Increases on Businesses to Pay for Reconciliation...

A coalition of business groups, including the California Chamber of Commerce, is urging the California Congressional Delegation to reject proposals in Congress to increase...

State Accepting Applications for New Funded Innovation Hub Program

The California Office of the Small Business Advocate (CalOSBA) is now accepting applications for the Inclusive Innovation Hub (iHub2) Program to incubate and accelerate...

UI Fund Insolvency and Payroll Tax Increases – Who’s Going to Do Something About...

With the legislative frenzy complete for the year, Sacramento’s policymakers are turning their eyes towards next year’s budget and their next round of legislative...

Strong Demand for Goods; Supply Lagging; Imbalance Keeps Upward Pressure on Prices

The Economy Is Powering Ahead Overview The recession is officially over. It ended more than a year ago, but it takes time for the group of...

Global Privacy Controls Are Subject to The California Administrative Procedure Act

The California Attorney General may have created an underground regulation when it updated the Frequently Asked Questions section of its website to establish a...