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In a grim sign for the state, California is projected to see a $58 billion shortfall in revenue collection over the course of three fiscal years, from 2022-23 to 2024-25, according to a report ...
Recession-proof businesses provide essential goods and services, such as health care, groceries, and car maintenance. This means they maintain consistent demand even during uncertain economic ...
“California employers have been hearing about an economic downturn, and in response have been freezing hiring, withdrawing job offers and even undertaking layoffs, in some cases.
H.D. Palmer, a spokesman for the Department of Finance, reiterated that the state’s financial picture could still change between now and Jan. 10 when Newsom’s budget is due.
The idea of a coming recession may be scary, and understandably so. The good news is that there's no guarantee the economy will decline in the coming year, despite the Fed's projections.
Here are five things you can do right now. 1. Check Where You Stand Financially ... Before a recession forces you to, examine your budget so you can find ways to stop spending so much money now ...
“During a recession, job security can become uncertain, and having a robust emergency fund can prevent you from resorting to high-interest debt or making hasty financial decisions,” said ...
Co-authored by top financial advisor Peter Mallouk, “Unshakeable” explains how to weather economic volatility and even profit from it. Being in-the-know can save you thousands.