Posted inLocal Issues

A Financial Hit: As Coronavirus Spreads, California’s Economy Suffers

As the stock market tumbled and oil prices collapsed earlier this week, Gov. Gavin Newsom’s top economic officials sought to project calm from the world’s fifth-largest economy in the wake of the coronavirus pandemic and a Russia-Saudi Arabia oil price war. Lenny Mendonca, the governor’s chief economic and business adviser, said that California is assessing […]