The U.S. economy created a burst of new jobs in December, capping a solid year of employment growth marked by big gains in healthcare and government payrolls.

Kevin Thompson, founder and CEO of 9i Capital Group, told Newsweek many layoffs in California are due to tech companies reducing their pandemic-era workforce bloat. In August, Intel Corp. revealed plans to cut roughly 15,000 jobs due to disappointing earnings, and Cisco Systems cut approximately 7 percent of its workforce (5,900 jobs) in September.

California’s unemployment rate, 5.4% in November, the latest month for which data are available, was the second highest of any state, with more than a million unemployed workers. A broader federal Bureau of Labor Statistics measure of unemployment or ...

The fires in southern California could be the biggest and most expensive natural disaster in history. With insurance companies possibly paying out billions in damages, insurance rates in Siouxland could be affected.

Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs, a step down from the surprising 227,000 increase in November.

With the prices of everything from gas to feed on the upswing, so too is the price of getting eggs on shelves. Average U.S. gas prices sit around $3.069 per gallon, according to AAA, which is roughly in line with average prices from a year ago, but prices are still higher than pre-pandemic levels.

Newsom’s optimistic state budget is already outdated, since fires will heavily impact both income and spending.

L.A. County's wildfires add uncertainty to California's already shaky recovery from the pandemic-era recession and higher than average unemployment.

California has completed yet another year with some of the highest electricity rates in the country – almost double the national average. The state’s electricity rates

And Pine Hills was not the only fortunate U.S. city, according to the study: Income rose by over 30% in four other locales, including: Apple Valley, California, which saw a 37.3% increase; Kissimmee, Florida (33.1%); Davis, Florida (32.7%), and Tulare, California, where households earned a median of $77,286 after a 31.9% annual increase.

The American Property Casualty Insurance Association (APCIA) has issued a statement in response to the US Department of Treasury’s Federal Insurance Office report highlighting key factors affecting homeownership costs and insurance availability.

Though the avian flu is — for now — affecting flocks mostly in California and the Midwest, the diminished supplies are hitting grocers in Massachusetts.