Levi Sumagaysay
CalMattersLevi Sumagaysay covers the economy for CalMatters. Previously, she was a senior reporter who covered worker issues, the gig economy, inequality and corporate accountability for MarketWatch. She also was a longtime reporter and tech and business editor at the Mercury News. She is based in the Bay Area.
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California鈥檚 small businesses create the bulk of jobs in the state. Trump鈥檚 funding freeze, anti-DEI push and more could jeopardize that.
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In the wake of the Los Angeles fires, State Farm asked for an 鈥渆mergency鈥 premium increase of 22% on average for California homeowners. Lara today denied the request pending more information.
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After saying it would run out of funds by March, California鈥檚 last-resort fire insurance provider will impose a special charge of $1 billion on homeowners and insurance companies, the first such move in more than three decades.
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The state鈥檚 plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover and stabilize?
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A new California law will prohibit state-chartered banks from charging fees for withdrawals that are instantaneously declined.
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Striking Amazon and Starbucks workers in California and elsewhere have long pushed for union contracts. The Trump administration is unlikely to be on their side.
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Some sectors, like agriculture, will be hit directly. Many more could feel the ripple effects.
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Trump has threatened new, higher tariffs on two of California鈥檚 biggest trade partners, China and Mexico. The state鈥檚 workers and economy could feel the most impact.
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Prop. 22 promised improved pay and benefits for California gig workers. But when companies fail to deliver, the state isn鈥檛 doing much to help push back.
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State鈥檚 highest court refuses to overturn voter-backed Prop. 22, a law written by the gig industry. The ruling means gig workers will remain independent contractors.
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Heat waves have killed hundreds of Californians and cost billions of dollars in the past decade, according to a new report from the state insurance department.
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A program that helps small businesses is just one of the proposed budget cuts on which California鈥檚 governor and Legislature disagree.