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Blog Profile / Money & Co

Filed Under:Business & Finance
Posts on Regator:11688
Posts / Week:32.5
Archived Since:March 9, 2008

Blog Post Archive

PUC probe: State searches home of Michael Peevey, former commission boss

State law enforcement officials reportedly searched the La Canada Flintridge home of former Public Utilities Commission President Michael Peevey this week and seized computer equipment and smartphones.

Obamacare enrollment in California: Anthem leads, Kaiser draws closer

Insurance giant Anthem Blue Cross leads Obamacare enrollment in California, but Kaiser Permanente is gaining on its archrival.

Kern County supervisors declare fiscal emergency amid plunging oil prices

Kern County supervisors declared a state of fiscal emergency at their weekly meeting Tuesday in response to predictions of a massive shortfall in property tax revenues because of tanking oil prices.

Inglewood stadium plan garners 20,000 signatures

The plan to put a pro football stadium in Inglewood took its first big step forward Monday when organizers submitted more than 20,000 signatures for an initiative petition.

Federal deficit lowest since Great Recession amid solid economic growth

Echoing other upbeat forecasts, a new report Monday said the federal deficit is on track to hit its lowest level in years as economic growth continues at a solid pace for fiscal 2016.

Falling oil prices help boost optimism of business economists

Plunging oil prices helped boost optimism about first-quarter growth among economists at U.S. businesses, who had higher expectations for sales, hiring and wages than they did three months ago, according to survey results released Monday.

California: Latino enrollment in Obamacare opens strong

California's health exchange said it has seen a strong turnout among Latinos for Obamacare coverage after nearly two months of open enrollment.

Heritage Provider Network teams up with hospital chain Trinity Health

Southern California-based Heritage Provider Network is forming a joint venture with the nation's second-largest nonprofit hospital system to better coordinate patient care across much of the country.

U.S. adds 252,000 jobs in December; unemployment rate drops to 5.6%

Ignoring the economic troubles in the rest of the world, the U.S. added another large batch of new jobs in December to conclude its best year of hiring since 1999.

Founders Fund invests millions in cannabis venture Privateer Holdings

The nation’s burgeoning legal cannabis industry now has a major tech player on its side.

Federal mediator to help resolve West Coast port contract dispute

West Coast dockworkers and their shipping line employers have agreed to federal mediation to help resolve a contract dispute that has been partly blamed for severe congestion at ports in Los Angeles and Long Beach.

Already-strong dollar hits a 9-year high

The dollar is still king at the start of 2015, hitting a nine-year peak as the U.S. economy continues to improve while other nations struggle.

California's high housing costs drive out poor, middle-income workers

California's high cost of living has pushed hundreds of thousands of low- and middle-income workers to other states, federal data show.

California gas prices likely to stay low in 2015

California gasoline prices closed 2014 at the lowest level in more than five years, mirroring a free fall in crude oil prices that shows few signs of stopping soon.

Mortgage rates defy experts to close year below 4%, Freddie Mac says

Closing out a year of surprisingly low mortgage interest rates, the average rate for a conventional 30-year home loan was 3.87% this week, Freddie Mac said, up slightly from 3.83% a week ago.

Initial jobless claims fall to 280,000 in sign of strong labor market

Initial jobless claims fell last week to 280,000, continuing the positive momentum for the labor market as the year ends, the Labor Department said Wednesday.

U.S. growth is strongest in a decade

The U.S. is rolling into the new year with impressive strength as plunging oil prices have ignited consumer spending and helped fuel the best stretch of growth in more than a decade — even as economies around the world are strugglin...

Commissioner Michael Picker named president of PUC

Gov. Jerry Brown moved to limit fallout from a growing scandal at the Public Utilities Commission by naming his former renewable energy advisor Michael Picker as the new president of the powerful regulatory agency.

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