Federal Reserve

California Inc.: Fed expected to signal likelihood of September rate hike

California Inc.: Fed expected to signal likelihood of September rate hike

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I'm Business columnist David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week.

We learned Friday that California’s economic engine quieted in June as employers reduced their payrolls by 1,400. It was the second month this year that the state lost jobs. The unemployment rate stayed flat at 4.7%,...

EDITION: California | U.S. & World
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