Since June, the state has witnessed stronger-than-expected tax revenues, raking in $6 billion more than projected between ...
California’s independent legislative analyst warns the state faces a nearly $18 billion deficit. It is “critical” for ...
This year's budget is a massive multibillion-dollar swing from an $8.3-billion surplus last year, and the biggest factor is a ...
The last time California faced a $35 billion money problem was in 2011, when then-Gov. Jerry Brown declared a "wall of debt" ...
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When will Newsom's spending bubble finally burst

California's decade of surging tax receipts has allowed Governor Gavin Newsom to expand programs, promise ambitious climate ...
Finance Minister Nate Horner released prognostications for the second-quarter with a fiscal update Thursday, portraying a ...
The five-year-old start-up, which has just 52 employees and is profitable, is now valued at $2.1 billion by investors including Andreessen Horowitz. By Niko Gallogly As an investment banker and ...
The apparel giant is now valued at $5 billion after a new fund-raising round, as it continues to grow its business. By Andrew Ross Sorkin Bernhard Warner Sarah Kessler Michael J. de la Merced Niko ...
Crypto derivatives startup Lighter has closed a $68 million funding round at a $1.5 billion valuation ahead of its token-generation event, backed by high-profile investors including Founders Fund, ...
The round includes a secondary raise providing early employees with liquidity, recognizing the team’s role in building Gamma’s success SAN FRANCISCO--(BUSINESS WIRE)--Gamma, the fastest-growing AI ...