Economy
The EU wants to unshackle its economy. For real this time
Eurocrats are belatedly developing a healthy distaste for red tape
Live stream
Economy Radio Listen to this section's headlines in an AI voice
Now:
Press play to start the stream
This browser does not support voice playback. Try Chrome, Edge or Safari.
Economy
Bad government statistics can cost the economy billions
A new study tries to put a number on the value of reliable numbers
Economy
Regulators may seek to suspend State Farm’s license, citing widespread mishandling of L.A. wildfire claims
The California Department of Insurance is seeking to suspend State Farm's license and fine it millions of dollars, alleging widespread mishandling of L.A. wildfire claims.
Economy
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
Economy
‘The Devil Wears Prada 2’ steps out to $77 million at the box office
The 20-year sequel to "The Devil Wears Prada" capitalized on millennial nostalgia to overtake "Michael" at the box office this weekend.
Economy
California gained jobs in March as unemployment rate drops to 5.3%
Despite tech layoffs, California added 28,700 jobs in March, dropping the state's unemployment rate to 5.3%
Economy
Spirit Airlines prepares to shut down without a government bailout
Amid rising jet fuel costs and halted government negotiations, the budget carrier Spirit Airlines could face imminent liquidation.
Economy
Consumers sue to block Paramount-Warner Bros. deal
A group of Paramount+ and cable subscribers have filed a lawsuit to block the Paramount-Warner Bros. Discovery deal and unwind the Paramount-Skydance merger.
Economy
This Rivian spinoff is reinventing e-bikes in California with screens, software and swappable seats
The e-bike startup, called Also, was incubated within Rivian before launching publicly last year with a $3,500 flagship product.
Economy
Waymos, robotaxis can now be ticketed by California police. But how exactly?
Driverless cars haven't always obeyed the rules of the road but, unlike vehicles with humans behind the wheel, they've gotten away with it. That's about to change in California.
Economy
Your guide to the California insurance commissioner’s race: Who will replace Ricardo Lara?
Who will replace Ricardo Lara in the California insurance commissioner's race? More than a half-dozen candidates, four Democrats and five Republicans, are competing in the election.
Economy
Legal battle to halt Nexstar-Tegna TV station merger expands with five new states
With the addition of the five new states, California Atty. Gen. Rob Bonta's battle to block the merger is now bipartisan.
Economy
Will AI lead to more accurate opinion polls?
It's cheaper and faster to collect people's opinions using AI, but will it make polls more accurate?
Economy
California billionaire tax proposal attracts 1.5 million signatures. Here’s what happens next
The battle over a proposal to tax billionaires to fund healthcare and other essential services is expected to intensify after supporters said they've gathered enough signatures to qualify for the…
Economy
Hiltzik: Resurrecting a discredited theory on COVID’s origin, DOJ indicts an ex-Fauci aide over old emails
David Morens tried to keep a scientific discussion under wraps. Trump's latest anti-science attack explains why
Economy
Foreign investment in California rose last year despite trade disruption
The number of foreign-owned business rose 4% last year in California despite the Trump administration's trade wars, with Japan taking the top spot in a report released this week.
Economy
Can countries grow richer by exporting people, not goods?
That depends where those people end up
Economy
India’s weak currency reflects deeper problems than the Iran war
It highlights a persistent inability to draw in foreign investors
Economy
Rivian to place more than 100 new EV chargers around Caruso properties
The electric vehicle maker Rivian is adding more than 150 public EV chargers to Caruso properties including the Grove and the Commons at Calabasas.
Economy
Quixote production services vendor to wind down most of its soundstage business in L.A.
In another sign of the industry's financial difficulties, production services vendor Quixote said it will close most of its soundstage business in Los Angeles.
Economy
Paramount wants FCC to approve increased foreign ownership in Warner Bros. Discovery deal
The Larry Ellison-backed takeover of Warner Bros. Discovery would give Middle Eastern royal families an ownership stake in CBS and CNN.
Economy
Reality TV production continues to plummet in L.A.
Reality TV show production continues to drop in L.A., even as the state's new production incentives have increased shooting for film and other TV series.
Economy
A global fight over banking rules is just getting started
Co-operation on the financial system will be the casualty
Economy
Jimmy Kimmel explains ‘expectant widow’ comment, declines to apologize
'It was a joke about their age difference,' Kimmel said during Monday's telecast, noting that the line aired before Saturday's shooting.
Economy
California drone maker to spend billions of dollars as it expands manufacturing in the state
Skydio, a San Mateo-based company, committed $3.5 billion over the next five years to boost production of domestic defense technology.
Economy
Hiltzik: A crypto mogul’s lawsuit against a Trump-linked crypto firm shows the peril of investing with Trump
Crypto tycoon Justin Sun boasted of having invested $75 million with a Trump-linked crypto firm. Now he says the firm ruthlessly ripped him off.
Economy
Trump administration paying wind developers to walk away from California offshore leases
In the second such highly unusual move, the Trump administration is paying to make wind power go away
Economy
OpenAI CEO Sam Altman apologizes for not alerting police about Canada shooting suspect
OpenAI is facing more scrutiny over how mass shooting suspects are using its chatbot ChatGPT to plan violent attacks.
Economy
‘Michael’ moonwalks into a big box office debut
Lionsgate's Michael Jackson biopic cruised to the top of the box office this weekend, despite largely negative reviews from critics.
Economy
San Francisco, AI capital of the world, is an economic laggard
Artificial intelligence is booming. Its heartland is not
Economy
Will Kevin Warsh Trumpify the Federal Reserve?
The incoming Fed chair says he wants regime change. But a revolution is unlikely
Economy
Has the World Bank performed a U-turn on industrial policy?
Interventionists who think so should read its new report more closely
Economy
Renewables are shining. The Iran war amplifies their appeal
Two new reports are a must-read of energy-starved governments
Economy
Xi Jinping wants a powerful currency. America’s war has helped
More countries are starting to use China’s payment infrastructure