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Silicon Valley Bank鈥檚 failure is a sign of weakness in the tech industry, and that could spell trouble for the state of California.
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The need for food assistance is at a near-record high in Oregon, and food bank managers are sounding the alarms about rising hunger across the state.
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California currently has the most expensive gas in the nation, according to the American Automobile Association.
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Gas prices are continuing to fall in Oregon, but that doesn鈥檛 mean drivers will see many bargains at the pump this Labor Day weekend.
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On Friday, the House sent to President Biden's desk what Democrats call a historic piece of legislation, but it's still a much smaller version of what they 鈥 and Biden 鈥 originally called for.
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U.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%.
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High food and gas prices are squeezing working families, sending some to food pantries for the first time. But providers are struggling with high costs, fewer donations and supply chain woes.
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For the average Pacific Power residential customer in Oregon, the proposed rate hike could mean about a $13 increase in the monthly electric bill.
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EOU鈥檚 increase is just below what would require state approval
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California lawmakers and activists are pressing Gov. Gavin Newsom to spend more to help the state鈥檚 poorest residents.
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The USDA's latest report found that nearly all major food groups are going up in price.
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Gov. Gavin Newsom proposes $11 billion in a California tax rebate to offset high gas prices, including $400 debit cards per vehicle. He must negotiate a final deal with the Legislature.
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Nearly two-dozen state lawmakers unveiled a proposal on Thursday to give California taxpayers $400 rebates to offset spiking gas prices and inflation.
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