It’s still early to fully gauge what effects the coronavirus economic shutdown will have on the pension landscape, but the preliminary outlook for certain parts of the industry, particularly with defined-benefit plans, isn’t encouraging.

UCLA researchers predict that California’s economy will get hit harder by the coronavirus than most U.S. states. However, the Greater Sacramento Economic Council is already leading the local recovery effort. 

Gov. Gavin Newsom has created a new, 80-member task force to guide the state’s economic reopening and recovery. The group aims to help businesses shuttered by the coronavirus pandemic by assisting them with inventory problems and credit card debt they’ve amassed.

Health care and life sciences account for around 150,000 jobs in the Sacramento region, making the sector the largest private employer. Experts suggest that the public sector and health care may expand locally, even as the coronavirus pandemic contracts the global economy.

The global pandemic notwithstanding, most California owners are still on the hook to pay their property taxes next week — thus far, the state isn’t granting any reprieves. And if you don’t like it, take it up with Gov. Gavin Newsom.

As millions of Americans lose jobs, shifts and other sources of income during the coronavirus health crisis, financial experts worry that people will be preyed upon by loan sharks who stand to profit. Experts have advice on how to get help without falling into a debt trap.

One state lawmaker says cash-free stores are discriminating against low-income customers, who often don’t have bank accounts.

The end of the year is a popular time to give to charity, but no matter what time of year it is, donors want help deciding which charity to support.