California’s reputation as a land of opportunity is often marred by its staggering cost of living. The Golden State’s housing market, exorbitant taxes, and pricey amenities have long driven residents to seek refuge in more affordable pastures. However, the consequences of California’s high cost of living extend far beyond its borders, casting a shadow over…
California recently implemented a significant wage increase for fast-food workers, which has prompted McDonald’s Corp. to take some extraordinary measures to assist its franchisees in managing the escalating costs. To counteract the financial strain caused by the mandatory 25% pay raise in California, McDonald’s has reintroduced bagel sandwiches, a beloved breakfast item, at its locations…
The price of cocoa has had a recent surge due to a global supply shortage. This has put candy companies who specialize in chocolate candies on the ropes and forced them to make difficult decisions to cut cost while maintaining their customer satisfaction. Some of these changes come highly contested by consumers. Chocolate companies are…
In 2013 a party size bag of potato chips were 17 oz. somewhere between here and there a party size bag has dropped to 12.5 oz. That is a lot of missing potato chips and the price of the bag has gone from 2.99 to 5.99. So the price doubled and you get 26.4% less…
Inflation continued its unexpected rise in March, with consumer prices increasing by 3.5% compared to a year ago, according to data from the U.S. Bureau of Labor Statistics. This marked an acceleration from February’s rate and reversed some progress made in reducing inflation over the past two years. The primary drivers of inflation were housing…
Many businesses and individuals have left California. They thought that leaving the state would rid them of high taxes. Such wishful thinking may soon be a thing of the past. Some big names may be affected by Assembly Bill 259. The list already includes some fortune 500 companies but it is rumored Wells Fargo may…
With Wells Fargo expected to have its Texas 850,000 square foot campus complete sometime this year, it is expected by some that they may be the next Fortune 500 company to leave the golden state. In the last three years alone the following companies left California for greener pastures in states that have more favorable…
In a surprise move, tech behemoth Apple announced it will lay off over 600 employees in California, marking the company’s first major post-pandemic job cuts. The impacted workers come from eight offices in Santa Clara County and were notified of the impending terminations on March 28, with the layoffs set to take effect on May…
The U.S. labor market delivered a strong performance in March with job growth exceeding expectations and wages remaining steady, suggesting that the economy ended the first quarter on solid ground and potentially delaying anticipated Federal Reserve interest rate cuts this year. According to the Labor Department’s employment report released on Friday, nonfarm payrolls increased by…
In one of the biggest money thefts ever seen in Los Angeles, thieves stole around $30 million during a burglary on Easter Sunday at a money storage place in the San Fernando Valley, according to a top official from the Los Angeles Police Department (LAPD). The burglary happened late on Sunday at a place in…
