Local Business
05/01/2026 · Mammoth Lakes
Lake Tahoe, CA, Hits Record Visitors, Fuels Business Boom
The California side of Lake Tahoe welcomed unprecedented crowds this year, shattering visitor records with winter sports and summer adventures drawing millions. Local businesses in South Lake Tahoe reaped the rewards, riding a tourism surge that poured billions into the regional economy. But as throngs flock to the alpine gem, questions swirl about long-term sustainability.
California Building Permits Hit 5-Year High on Housing Reforms
California's housing market is roaring back to life with statewide construction permits reaching a five-year peak, fueled by 2025 legislative incentives slashing red tape for affordable projects. Developers in Los Angeles and the Central Valley are racing to break ground amid streamlined approvals and CEQA exemptions. But as approvals surge, will it finally ease the state's sky-high home prices?
05/01/2026
Silicon Valley Bleeds Jobs: AI Boom Fuels 94K Tech Layoffs in 2025
Amid an AI gold rush, Silicon Valley tech giants slashed nearly 94,000 jobs this year, turning California's innovation hub into a cautionary tale of efficiency over employment. From Salesforce to Microsoft, companies cite AI as the new workforce warrior, leaving Bay Area families and the state economy reeling. As investments soar, workers wonder: who's next?
05/01/2026