Stocks

Calif. suffers $1bn shortfall due to stock market slump

Calif. suffers $1bn shortfall due to stock market slump

The state of California faces a major cash crunch due to a recent slump in the stock market, a spokesperson for the Golden State's Department of Finance revealed.

California to receive $10M as part of Goldman Sachs fraud case settlement

California to receive $10M as part of Goldman Sachs fraud case settlement

California’s two biggest retirement agencies will receive millions of dollars in civil penalties from Goldman Sachs as part of the investment bank’s settlement with the federal government in a frau

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