The legislative analyst projects a $2 billion California budget deficit for 2025-26, but says the state can’t afford big new ...

Nvidia, Apple, Google and Meta deliver billions of dollars in taxes to California. The state is grateful for this year's wild ...

With his state facing a staggering budget crisis, Newsom recently made a trip to Washington D.C. to petition the Biden ...

The California Legislative Analysts' Office predicted a largely balanced budget outlook in the upcoming fiscal year, but ...

Newsom will propose a 2025-26 budget in January, but no matter what he and the Legislature decide, the structural budget ...

The nonpartisan Legislative Analyst warns government spending could expand California's small budget deficit over the next ...

After clearing up a $47 billion budget deficit earlier this year, California may not be out of trouble just yet.

A gauge of the so-called Magnificent Seven mega tech companies — Alphabet, Amazon.com Inc., Apple, Meta, Microsoft Corp., ...

The rally in technology stocks has created so much wealth in California that it has helped the state fill its coffers.

California likely will not see a big deficit next year, but also won’t have room for much new spending, the state Legislature ...

While the analyst called the anticipated budget 'in fair condition,' he expects large deficits in the following fiscal years.

With tax revenue from high-earning Californians rebounding in recent months, the Legislature’s nonpartisan fiscal adviser ...