Fast food restaurants are having to find creative ways to deal with the minimum wage increase put into effect on April 1 of this year. Already, there have mass layoffs, menu price hikes, and more unexpected fallout from Newsom’s new minimum wage requirement. At the start of April, Governor Gavin Newsom and his fellow lawmakers…
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…
The governor of California, Gavin Newsom, has signed a law that requires fast food places to pay their workers at least $20 per hour. He thinks this law is great, but it turns out his own fancy restaurants are paying their workers less. One of Newsom’s restaurants, called the PlumpJack Cafe, is in a popular…
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…
California Gov. Gavin Newsom said the state will intervene in an ongoing federal court case that’s barred San Francisco from cleaning up homeless encampments until more shelter beds are available, saying the judge has gone too far and is preventing the state from solving a critical problem. “I hope this goes to the Supreme Court,” Newsom said….
