Economy

With egg prices averaging more than $9 a dozen in California, North State residents are lining up to buy chicks to raise their own flocks.

The new rate hike was approved last week and will start in October. Customers say they can no longer afford their electricity bills. PG&E says the rate hike is necessary for storm recovery and wildfire mitigation projects.

Gavin Newsom proposes a mix of spending cuts and using reserves to balance the state budget. He says that core services will be largely untouched, but some existing programs would be affected.

California’s Legislative Analyst’s Office projects a 2024-25 budget deficit twice as large as 2023-24. It says the state could dip into reserves and cut some one-time spending.

Seven in 10 Californians say the gap between rich and poor is getting larger, according to a statewide survey.

From manicurists to dental hygienists, California’s licensure rules set a high bar for people starting new lines of work. An independent state oversight…