In many ways, the California economy is a mess. But the Golden State is holding on to its high-skilled workers better than any other state – and avoiding a 'brain drain' is no small thing.
With Jerry Brown now governor, California lawmakers are resurrecting an idea vetoed by Arnold Schwarzenegger: Make utilities buy at least 33 percent of electricity from renewable sources.
The global financial crisis hasn’t slowed the expanding role of business in Africa or the newfound passion for market expansion among Africans and foreign investors. Now its time to get rid of the trade barriers between countries.
Mortgage default notices - the first step in foreclosure - dropped by 10.3 percent in California last quarter. That's due to loan modifications and banks' unwillingness to dump more homes on the market, say experts.
A 'stress test' aims to assess which banks would need help if the economy worsened.
US regulators are cranking out an array of options.
Some see the beginning of the end for huge compensation for financial titans. Others say the limits are too weak to bring real change.