Santa Clara University Economic Professor Mario Belotti’s annual economic forecast calls for a 2.5 percent growth this year.
Gov. Rick Perry is wrapping up his high-profile recruiting trip to California without having convinced any businesses to relocate to his state—at least not yet.
President Barack Obama is urging a divided Congress to boost job creation and strengthen the middle class through a package of government-backed proposals – a move that drew support from members of California’s largely Democratic Congressional delegation.
A new report says Silicon Valley bounced out of the recession last year, adding jobs, income and initial public offerings.
Lee said it’s been a successful year for job creation, commercial construction and attracting tech companies to the city.
The 113th Congress of the United States was sworn in Thursday, including two freshmen Representatives from the Bay Area, who both say they intend to pursue stricter gun control once the debt ceiling debate has been resolved.
The unemployment rate in California dropped below 10 percent in November, while most Bay Area counties saw similar or slightly lowered unemployment figures from October, according to a state employment report released Friday.
The FTC’s chairman, Jon Leibowitz, defended the government’s approach. “When you are talking about children, you have to give the benefit of the doubt to privacy,” he said last week on Capitol Hill.
Officials are warning that California’s economic recovery could come to a halt if Congress and President Barack Obama are unable to avert the “fiscal cliff.”
The White House and the mayor of Los Angeles are urging a quick end to a strike that’s shut down much of the nation’s busiest port complex for eight days.