State Water Project to Increase Expected 2023 Deliveries to 30%

State Water Project to Increase Expected 2023 Deliveries to 30%

Sacramento, CA…Governor Gavin Newsom issued the following statement today after the state announced that it will boost deliveries to 29 public water agencies serving 27 million Californians.  “Thanks to the water captured and stored from recent storms, the state is increasing deliveries to local agencies that support two-thirds of Californians – good news for communities and farms in […]

Inflation All Items Index Slows to 6.5% for Last 12 Months

Inflation All Items Index Slows to 6.5% for Last 12 Months

Washington, DC…The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in December on a seasonally adjusted basis, after increasing 0.1 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 6.5 percent before seasonal adjustment. The index for gasoline was by […]

PG&E Continues Response to Intense Series of Winter Storms Impacting Northern and Central California Through Tuesday

PG&E Continues Response to Intense Series of Winter Storms Impacting Northern and Central California Through Tuesday

Oakland, CA…Pacific Gas and Electric Company (PG&E) continues responding to the intense series of winter storms impacting Northern and Central California and has mobilized its largest storm response effort in company history. This effort has enabled the restoration of more than 1.6 million customers who lost power since the initial storm in the series began […]

IRS Audits Few Millionaires But Targeted Many Low-Income Families in FY 2022

IRS Audits Few Millionaires But Targeted Many Low-Income Families in FY 2022

Syracuse, NY…Former President Trump was not alone in having returns he filed while he was President allegedly escape detailed scrutiny by the Internal Revenue Service (IRS). While the 2022 Inflation Reduction Act provides the IRS with a large expansion of future funding to beef up audits of the rich, last year IRS revenue agents were only able […]

Snow Survey Shows December Storms Provided Big Snow Totals with More Systems, Flooding in Forecast

Snow Survey Shows December Storms Provided Big Snow Totals with More Systems, Flooding in Forecast

Sacramento, CA…The Department of Water Resources (DWR) today conducted the first snow survey of the season at Phillips Station. The manual survey recorded 55.5 inches of snow depth and a snow water equivalent of 17.5 inches, which is 177 percent of average for this location. The snow water equivalent measures the amount of water contained […]

Federal Reserve Ups Rates Another 1/2 Percent

Federal Reserve Ups Rates Another 1/2 Percent

Washington, DC…Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures. Russia’s war against Ukraine is causing tremendous human […]

The Last Iconic Boeing 747 Airplane Leaves Everett Factory

The Last Iconic Boeing 747 Airplane Leaves Everett Factory

Everett, WA…747 left the company’s widebody factory in advance of its delivery to Atlas Air in early 2023. “For more than half a century, tens of thousands of dedicated Boeing employees have designed and built this magnificent airplane that has truly changed the world. We are proud that this plane will continue to fly across […]

Governor Newsom Unveils Price Gouging Penalty on Big Oil’s Profits

Governor Newsom Unveils Price Gouging Penalty on Big Oil’s Profits

Sacramento, CA…Following unexplained gas price hikes that led to record profits for Big Oil, Governor Gavin Newsom and Senator Nancy Skinner (D-Berkeley) unveiled a proposed price gouging penalty on oil companies’ excess profits to deter excessive price increases and keep money in Californians’ pockets. The language of the proposed price gouging penalty can be found here.  […]

263,000 Jobs Added and Unemployment Rate Holds at 3.7% in Latest Jobs Report

263,000 Jobs Added and Unemployment Rate Holds at 3.7% in Latest Jobs Report

Washington, DC…Total nonfarm payroll employment increased by 263,000 in November, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, health care, and government. Employment declined in retail trade and in transportation and warehousing. This news release presents statistics from […]

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