The year-end pay increases boosted California’s weekly wage to $1,872. That’s 24% above the nation’s $1,507 and fifth-highest ...

Over 8 quarters, local wages have grown at an average annual rate of 4.7% vs. a 3.2 % increase in consumer prices.

Since the implementation of the $20 minimum wage in California, the predicted impacts have become apparent. Store closures, ...

The upshot of the report by Payden & Rygel's Travis McGahey is that the risk of severe credit deterioration and bond defaults ...