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Economic Policy

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Los Angeles City Projected to Overspend Budget by $200M

City Controller warns of need for better spending controls and accountability measures

California's Unused Gas Price Tools Face Scrutiny Amid Soaring Costs

The state passed a law in 2023 to curb price spikes, but regulators have delayed implementing the rules as refineries close and global conflicts drive up prices.

US Tariff Reprieve Sparks Scramble, Skepticism in China's Export Hubs

Chinese exporters weigh opportunities and risks as US tariff landscape shifts

US Tariff Reprieve Sparks Scramble, Skepticism in China's Export Hubs

Divergent reactions highlight fragility of US-China trade relations despite tariff cuts

U.S. Tariff Reprieve Sparks Scramble and Skepticism in China's Export Hubs

Chinese companies weigh risks and opportunities as U.S. tariff landscape shifts

California's Housing Crisis Spirals Out of Control

Experts say insane property prices, strict building regulations, and low mortgage rates are driving the state's housing woes

Trump Imposes New 15% Global Tariff, Treasury Secretary Says

Bessent expects tariff rates to return to previous levels within 5 months

US Republicans Seek Tariffs on Australian Lamb Imports

Proposed 30% tariff aims to protect domestic sheep producers

Australian Trade Minister: No New US Tariffs on Exports

Assures exporters will not face increased tariffs despite Supreme Court ruling on Trump-era trade measures.