June New Jobs Numbers Climb to 224,000, Unemployment 3.7% & Most People in Workforce Ever

June New Jobs Numbers Climb to 224,000, Unemployment 3.7% & Most People in Workforce Ever

Washington, DC…Total nonfarm payroll employment increased by 224,000 in June, and the unemployment rate was little changed at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, in health care, and in transportation and warehousing. This news release presents statistics from two monthly surveys. The […]

Gas Prices Jump a Ahead of Independence Day Holiday. California Gas Taxes Rise To 47.3 Cents Per Gallon

Gas Prices Jump a Ahead of Independence Day Holiday.  California Gas Taxes Rise To 47.3 Cents Per Gallon

Walnut Creek, CA…Following weeks of steady pump price declines, gas prices are starting to increase across the country. On the week, a gallon of regular unleaded is, on average, a nickel more expensive with nearly 25 states seeing an increase of a nickel or more since last Monday. “For the more than 41 million motorists […]

Jony Ive to Form Independent Design Company with Apple as Client

Jony Ive to Form Independent Design Company with Apple as Client

Cupertino, California — Apple today announced that Sir Jony Ive, Apple’s chief design officer, will depart the company as an employee later this year to form an independent design company which will count Apple among its primary clients. While he pursues personal projects, Ive in his new company will continue to work closely and on […]

PG&E Hosting Informational Webinar for Community Wildfire Safety Program

PG&E Hosting Informational Webinar for  Community Wildfire Safety Program

San Francisco, CA…Next week, Pacific Gas and Electric Company (PG&E) will be hosting its first in a series of informational webinars to share information about its Community Wildfire Safety Program. These webinars will provide an opportunity for anyone who is interested in PG&E’s wildfire safety efforts to receive a presentation from PG&E leadership, ask questions […]

PG&E Encourages Customers to Update Their Contact Information, So They Can be Prepared for Public Safety Power Shutoffs

PG&E Encourages Customers to Update Their Contact Information, So They Can be Prepared for Public Safety Power Shutoffs

San Francisco, CA…Pacific Gas and Electric Company (PG&E) is sending postcards to more than 240,000 customers encouraging them to update their mobile number, email and other key information so the company can contact them in advance should it become necessary to temporarily turn off power for safety this fire season. These customers, who live throughout […]

Cannabis Banking Update

Cannabis Banking Update

Washington, DC…This week, the House passed H.R. 3055, a bundle of appropriations bills referred to as a “minibus,” that includes several amendments on cannabis banking and other cannabis- related issues. Last week the House Appropriations Committee approved the financial services appropriations bill for Fiscal 2020 that contains the SAFE Banking Act of 2019 (SAFE Act). […]

Dr. Arthur Laffer Receives Presidential Medal of Freedom for His Work on Economics & Taxation

Dr. Arthur Laffer Receives Presidential Medal of Freedom for His Work on Economics & Taxation

Washington, DC….Well, this is a big day.  Very important for a very important subject.  Today it’s my privilege to award our nation’s highest civilian honor to the father of supply-side economics: Dr. Arthur Laffer.  (Applause.) I know Art has been to the Oval Office, unlike most people, many times.  But this is a very special […]

Gross Domestic Product, First Quarter 2019 Advance Estimate at Strong 3.2%

Gross Domestic Product, First Quarter 2019 Advance Estimate at Strong 3.2%

Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the first quarter of 2019 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent. The increase in real GDP in the first quarter reflected […]

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