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Unemployment insurance: California's 'urgent' $20 billion problem

The state’s unemployment insurance debt, which ballooned as a result of the pandemic, is in dire straits with no clear path forward.

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Two California state agencies ground Cruise driverless cars for public safety

“When there is an unreasonable risk to public safety, the DMV can immediately suspend or revoke permits,” the DMV said in a news release, which also said Cruise’…

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California Grounds Cruise Autonomous Fleet

CalMatters hires Sumagaysay as economy reporter

CalMatters has hired Levi Sumagaysay as a reporter covering the California economy. She has been at MarketWatch.com covering the gig economy. Sumagaysay had…

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Revitalized unions ignite 'hot labor summer' - Best New Ideas in Money

MarketWatch’s Levi Sumagaysay breaks down why actors, teachers, hotel workers and others are striking and why the recent work stoppages have been in the works for decades.

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