Economy
Teachers return to classes as LAUSD strike ends
WAVE NEWSPAPERS — Thousands of educators and their students returned to class Jan. 23, following a Los Angeles Unified School District teachers’ strike.
By Wave Wire Services
LOS ANGELES — Thousands of educators and their students returned to class Jan. 23, following a Los Angeles Unified School District teachers’ strike that stretched over six school days but ended thanks to a marathon negotiating session that resulted in a labor agreement.
Mayor Eric Garcetti, who worked with the district and teachers’ union to help broker the labor deal, was among those welcoming some students back to school. He posted photos of himself on social media walking to campus with a group of children, then reading to them in class.
“There’s a new energy in L.A. around the idea that we can all play a role in giving our kids the excellent public education they deserve,” wrote Garcetti, who slightly delayed a flight to Washington, D.C., so he could spend time with kids returning to class. Garcetti is heading to Washington to attend the U.S. Conference of Mayors’ winter meeting.
The mood was upbeat at campuses across the district, including at Franklin Elementary School in the Los Feliz area, where a group of teachers serenaded students returning to class.
“We’re going to keep on fighting from here, but it’s an excellent start,” teacher Valerie Peralta told KCAL9.
United Teachers Los Angeles President Alex Caputo-Pearl said Jan. 22 that “a vast super-majority” of teachers had voted in favor of the labor agreement, which was announced earlier that morning following a 21-hour negotiating session at City Hall.
The agreement also requires formal approval by the Los Angeles Unified School District Board of Education. Although that vote is considered a formality, the board cannot vote on it until the pact is reviewed by the county Office of Education, which provides fiscal oversight of the district.
“Our obligation is to ensure that the district has a funding plan in place to cover the costs associated with this agreement, and thereby able to remain fiscally solvent,” county Superintendent Debra Duardo said in a statement.
“Now that a tentative agreement is in place, the Los Angeles County Office of Education has the legal obligation to review and provide comments before the LAUSD governing board takes action. While the statute provides a window of 10 working days, we intend to provide these comments as soon as possible once we receive the relevant data.”
UTLA teachers went on strike Jan. 14, calling for smaller class sizes and the hiring of more support staff, such as nurses, counselors and librarians, and a pay raise.
“The strike nobody wanted is now behind us,” LAUSD Superintendent Austin Beutner said after the tentative agreement was announced.
But he also cautioned: “We can’t solve 40 years of under-investment in public education in just one week or just one contract. Now that all students and our educators are heading back to the classroom, we have to keep our focus and pay attention to the long-term solutions. … The importance of this moment is public education is now the topic in every household in our community. Let’s capitalize on this. Let’s fix it.”
Although some teachers wondered aloud if the strike had been worth it, Caputo-Pearl said the agreement addressed the union’s core issues.
“We have seen over the last week something pretty amazing happen,” Caputo-Pearl said. “We went on strike in one of the largest strikes the United States has seen in decades. And the creativity and innovation and passion and love and emotion of our members was out on the street, in the communities, in the parks for everyone to see.”
Some teachers expressed trepidation at the new contract.
“Elementary teachers aren’t very happy about the contract,” teacher Brenda Hauser told NBC4. “They gave us very few hours to review it. And what we needed the most was the class-size reduction, which we didn’t get much.”
The deal includes a 6 percent pay raise for teachers, with 3 percent retroactive to the 2017-18 school year and another 3 percent retroactive to July 1, 2018. It also includes provisions for providing a full-time nurse at all schools, along with a teacher-librarian. The proposal also calls for the hiring of 17 counselors by October and outlines a phased-in reduction of class sizes over the next three school years, with additional reductions for “high needs” campuses.
Caputo-Pearl said the issue of class size was a key element of the pact. He said the district agreed to eliminate contract language he dubbed an “escape clause” that would allow the district to increases class sizes in the future.
A main thrust of the union’s strike was a call for increases in the number of nurses, counselors and librarians at campuses. According to the district, the proposed agreement’s provisions for reducing class sizes and hiring nurses, librarians and counselors will cost an estimated $175 million from 2019-21, and $228 million for 2021-22.
It was unclear exactly how the costs will be covered. Garcetti said the deal’s various provisions will include a combination of funding or other support from the state, county and city.
The proposal calls on the district to support a statewide cap on charter schools and to provide regular reports on proposed co-locations of charter and public school campuses. The deal also calls on Garcetti to support a ballot initiative going to voters in November 2020 that would roll back Proposition 13 property tax limits on commercial buildings to increase state tax revenue for public education.
Just before the strike began, Beutner said the district’s had offered the union all it could, given its financial constraints, but he said Jan. 22 the new deal “does even more” than its previous offer.
The union had vocally disputed the district’s claim that it could not afford more extensive investment in school staffing, pointing to what it called an estimated $1.8 billion reserve fund and insisting the district has not faced a financial deficit in five years. The district contended that the reserve fund is already being spent, in part on the salary increase for teachers.
Caputo-Pearl, who stood next to Beutner during the news conference, was asked about his past comments in which he harshly criticized the superintendent and accused him of lying about the amount of money the district has available, and being dedicated to privatizing schools. The UTLA president was also asked if he could trust Beutner to follow through on the deal.
“We have, Austin Beutner and I, we certainly have our differences, and we’ve expressed those, and I think we will continue to express those. But what we’ve been able to do over the last chunk of days is work together with a bunch of partners and a bunch of help to forge an agreement that we are both committed to making sure is implemented, to make sure that our students are served and our schools are improved,” Caputo-Pearl said.
But some union members expressed disappointment with the results, including a Marshall High teacher who said in remarks reported in the Los Angeles Times that her room has 36 desks, but some of her classes have up to 40 students.
“I think it’s kind of sad that we had to spend six days getting the numbers that we already had,” she said.
District officials said the UTLA strike, which kept teachers out of classrooms for six school days, cost the LAUSD an estimated $151.4 million in attendance-based state funding. That amount is partially offset by an estimated $10 million per day by the salaries that were not paid to striking teachers.
Nearly 111,000 students went to class Jan. 22, up 30 percent from 87,559 on Jan. 18.
This article originally appeared in the Wave Newspapers.
Black Press
AG Bonta Announces Action on Cryptocurrency, Sextortion Fraud – Increasingly Targeting Gen-Z
California Attorney General Rob Bonta is warning residents about a surge in cryptocurrency fraud and online sextortion schemes that increasingly target Gen Z through social media platforms. With internet-based scams costing Americans nearly $21 billion in 2023, Bonta highlighted how artificial intelligence and deepfakes allow criminals to impersonate loved ones and promote fraudulent investment groups. The Attorney General’s Office has already shut down over 100 fraudulent websites and is now utilizing new legislative tools to recover assets for victims. Read more.
California Attorney General Rob Bonta warned residents about rising cryptocurrency fraud and online sextortion scams, urging Californians to recognize warning signs and protect themselves as scammers increasingly target younger people through social media.
Speaking at a news conference on Oct. 19, Bonta said Americans lost $20.9 billion to internet-based scams in 2025, including $11.4 billion to cryptocurrency scams. He said artificial intelligence, deepfakes, and malicious smart contracts have made fraud easier to carry out and more difficult to detect and prevent.
While older Californians remain targets, Bonta said his office has seen a sharp rise in reports of Gen Z consumers being targeted on platforms such as Twitch, TikTok, and Instagram.
One growing scheme involves so-called rug-pull scams, in which fraudsters promote low-priced stocks or volatile cryptocurrencies through online investment groups and streaming communities. After generating interest and driving up prices, scammers sell their holdings, causing values to collapse and leaving investors with losses.
Bonta also warned about sextortion, in which scammers trick or coerce victims into sharing explicit images before threatening to distribute them to friends and family unless they pay. He advised victims not to give in to demands, saying scammers often do not release the images when victims refuse to pay. Instead, he recommended ignoring and blocking the perpetrators.
Another scheme, known as recovery fraud, targets people who have already lost money to cryptocurrency scams. Fraudsters impersonate blockchain recovery specialists or law enforcement officials and demand additional payments while promising to recover stolen assets.
Bonta urged Californians to be skeptical of promises of large returns on small investments, fake cryptocurrencies resembling established ones, and celebrity endorsements that may have been generated using artificial intelligence. He also warned that scammers can use AI to impersonate loved ones through manipulated video and audio.
“Never use a crypto ATM,” Bonta said, emphasizing that transactions can be difficult to trace and reverse and that the machines lack adequate consumer protections.
His office has shut down more than 100 fraudulent websites over the past two years that collectively scammed victims out of at least $8.3 million, he said.
Bonta also highlighted Senate Bill 1208, which he said was recently signed into law. The measure allows law enforcement to petition a court to return seized cryptocurrency to victims, including when alleged perpetrators are outside U.S. jurisdiction.
Residents who have fallen victim to scams can report them to the California Department of Justice at oag.ca.gov/report.
Bonta also urged victims not to feel embarrassed, stressing that scammers are responsible for the harm they cause.
Black Press
Oakland Latino Chamber of Commerce Hosts CHCC Convention, Generating $3 Million in Economic Impact
The Oakland Latino Chamber of Commerce recently hosted the 47th Annual California Hispanic Chambers of Commerce Statewide Convention, drawing more than 1,000 attendees to the city. The event generated an estimated $3 million economic impact, providing a significant boost to local retailers, hotels, and small businesses. Developed in partnership with Visit Oakland, the convention featured innovative initiatives like the Oakland Mercadito to showcase regional entrepreneurs and recorded workshops to support long-term professional development for members across the state. Discover how this major event strengthened local partnerships and read more.
The Oakland Latino Chamber of Commerce (OLCC) recently served as the Host Chamber for the 47th Annual California Hispanic Chambers of Commerce (CHCC) Statewide Convention, held in Oakland in August 2026.
The Convention welcomed more than 1,000 attendees from throughout California and generated an estimated $3 million economic impact for the City of Oakland, providing significant support to local hotels, restaurants, transportation providers, retailers, and small businesses.
In conjunction with Visit Oakland, OLCC brought in various local sponsors and worked closely with the California Hispanic Chamber of Commerce, to make the Oakland Convention a success.
The success of the 47th Annual CHCC Statewide Convention demonstrates what is possible when business leaders, entrepreneurs, community organizations, and public partners work together with a shared vision, said Aliza Gallo, president of the OLCC.
“By welcoming more than 1,000 attendees and generating an estimated $3 million economic impact, we not only showcased Oakland as a premier destination for business and innovation but also created lasting opportunities for local businesses and entrepreneurs,” said Gallo, who also served as co-host of the event.
She adds that the “convention elevated Oakland’s visibility, strengthened statewide and local partnerships, and reinforced the Oakland Latino Chamber of Commerce’s commitment to advancing economic prosperity for our members and our community.”
As part of its leadership role, OLCC introduced two innovative features designed to extend the convention’s impact beyond the event itself. Conference workshops were recorded and made available for continued learning and professional development.
These recordings will be shared with OLCC members and made available for broader public access, expanding educational opportunities for businesses and entrepreneurs throughout California. The workshop content will also be distributed to the 85 Latino Chambers and Affiliate Members within the CHCC network, which collectively is 135 member organizations statewide.
In addition, OLCC created and managed the Oakland Mercadito, a vibrant marketplace showcasing local Latino and Latina entrepreneurs. The Mercadito provided small business owners with an opportunity to market their products and services, connect with new customers, and gain exposure to business and community leaders from across the state.
The initiative highlighted Oakland’s entrepreneurial talent and demonstrated OLCC’s commitment to supporting small business growth and economic opportunity.
“Oakland is one of the most diverse cities in the United States” commented Peter Gamez, president & CEO of Visit Oakland. “Our city’s celebration of culture makes everyone feel they belong here and allows for truly authentic experiences.
“Our diversity is a powerful draw for groups and individual visitors. We are extremely proud of this and continue to cultivate and grow this message as we welcome conferences and conventions to The Town,” Gamez said.
For more information, see the Visit Oakland video about the CHCC Convention In Oakland: https://lnkd.in/p/eRpe2sYD
The Oakland Latino Chamber of Commerce is the source of this story.
About The Oakland Latino Chamber of Commerce
Oakland Latino Chamber of Commerce (OLCC) www.oaklandlatinochamber.com is dedicated to advancing economic opportunity, strengthening business capacity, and elevating the visibility of Latino-owned businesses throughout Oakland and the East Bay. Through advocacy, partnerships, technical assistance, and community engagement, OLCC works to ensure that Latino entrepreneurs have the resources and support necessary to thrive.
Black Press
20 Years of California Climate Law: Gov. Newsom and Former Gov. Schwarzenegger Lead Milestone Celebration
Gov. Gavin Newsom and former Gov. Arnold Schwarzenegger recently gathered at the California Economic Summit to mark the 20th anniversary of the Global Warming Solutions Act. The bipartisan celebration highlighted how the landmark law established a framework for reducing greenhouse gas emissions through the state’s cap-and-invest program. While the governors credited these policies with fostering clean-energy innovation and driving economic growth, critics continue to raise concerns regarding the impact of environmental regulations on energy affordability for residents. Read more to learn about the state’s climate milestones.
California Gov. Gavin Newsom and former Gov. Arnold Schwarzenegger celebrated two decades of the state’s landmark climate law on Wednesday, Oct. 14, highlighting California’s efforts to reduce greenhouse gas emissions while growing its economy and expanding clean-energy investment.
The Democratic governor and Republican former governor appeared together at the 15th annual California Economic Summit in Long Beach to mark the 20th anniversary of Assembly Bill 32, the Global Warming Solutions Act, which Schwarzenegger signed in September 2006. The law established a framework for reducing California’s greenhouse gas emissions and helped lay the groundwork for the state’s cap-and-invest program.
“We’ve shown the world what a state can accomplish,” Schwarzenegger said, highlighting California’s climate leadership.
Newsom credited Schwarzenegger’s decision to sign AB 32 with helping create the state’s cap-and-invest program, which requires companies to reduce their emissions, purchase allowances, or fund projects that offset pollution. Revenue from the program supports climate initiatives, affordable housing and transportation projects, as well as electricity bill credits for residents.
Newsom said California has reinvested $16 billion to offset residents’ electricity costs since the program began and expects to receive another $8 billion over the next four years.
He also argued that predictable climate policies encourage businesses to invest in California’s clean-energy economy, pointing to Tesla as an example of the opportunities the state’s regulatory framework created.
“There’s no Elon Musk without what Gov. Schwarzenegger did because there would be no Tesla,” Newsom said.
Schwarzenegger agreed that long-term policy certainty helps attract investment, arguing that California’s climate initiatives demonstrate that environmental protections and economic development can advance together.
The state extended its cap-and-invest program through 2045 last year, giving businesses a longer-term framework for planning investments and meeting emissions requirements.
However, California’s approach continues to face criticism over energy affordability and regulatory costs. Wayne Winegarden, a senior fellow at the Pacific Research Institute, argued that assessments of the state’s climate policies should better account for the high energy costs Californians face. Critics have also questioned how much of the state’s economic growth can be directly attributed to its environmental regulations.
The governors’ joint appearance underscored their shared support for climate action despite their political differences. Schwarzenegger has criticized Newsom’s support for Proposition 50, the 2025 redistricting measure that temporarily allowed California lawmakers to redraw congressional districts.
The anniversary comes as California continues to pursue emissions reductions and clean-energy investment while facing questions about the cost of its climate policies for households and businesses.
Black History
Together Building Back Better
AFRICAN-AMERICAN NEWS AND ISSUES – DALLAS — For more than 57 years, the SHAPE Community Center has served as a cornerstone of Houston’s Third Ward, providing essential programs based on principles of unity and collective responsibility. Known as “The United Nations of The ‘Hood,” the center recently faced its most difficult challenge following a devastating electrical fire at the Nia Becnel Family Center.
I’m going through the most challenging experience of my life with SHAPE,” said Deloyd Parker. He has served as the executive director of the historic SHAPE Community Center for over 57 years and is still energetic and driven by the love of serving the people. Known as “The United Nations of The ‘Hood,” SHAPE is a precious cornerstone of Houston’s Third Ward, serving generations of families through programs and activities, with emphasis on Unity, Self-Determination, Collective Work & Responsibility, Cooperative Economics, Purpose, Creativity, and Faith.
January 2027 will mark two years since a devastating electrical fire took place at SHAPE’s Nia Becnel Family Center, located at 3815 Live Oak. The building and priceless historical items were significantly damaged and lost. That included the “Wall of Fame” photo collection that adorned the interior walls. Nedzra Ward, President of the Board of Directors, shared how the fi rst few days aft er the fire were very trying for everyone who loved SHAPE and those who visited the sacred grounds were in shock and silence. “We knew we had to start working to get things back up,” said Ms. Ward who has been apart of SHAPE’s staff and board for decades. In the aftermath, Ms. Ward called the insurance company and then reached out to Charles Cave to be the lead project manager. They also reached out to engineers Brian Smith, Barbara Smith and Frank Brown, and other experts to formulate the group known as Together Building Back Better (TBBB).
The team met weekly at the Harambee Admin Building located at 3903 Almeda Rd. And to continue serving the people, Mr. Parker and team worked to get that building certified and operational, especially for the children. “Deloyd never stopped. He was the driving force for everything. He made sure that someone was taking care of licenses and that this place was being refigured. His whole goal was to have these kids back and in a safe environment,” said Ms. Ward. “We have served the people for 57 years and as a result of serving the people, the people are coming through,” said Mr. Parker. “It’s going to take more than a fi re to put us out.
Volunteers from the community stepped up to help at Harambee Admin Building. Many programs, events and activities have resumed including the weekly Elders Institute of Wisdom and enrollment is now open for the 2026-2027 After School Enrichment Program. Soft opening scheduled for November The desire was to reopen the gutted Live Oak location within a year but Ms. Ward and Mr. Cave described the many challenges SHAPE has faced in this rebuilding effort. The insurance did not cover everything that’s needed and tariffs
The post TOGETHER BUILDING BACK BETTER appeared first on African American News and Issues.
Based on reporting by African-American News and Issues – Dallas.
Black Press
Fate of Bay Area Public Transit Hinges on Regional Transit Measure
Voters in five Bay Area counties will decide the fate of a regional sales tax measure on Nov. 3 that could determine the future of local public transportation. If approved, the Regional Transit Measure would implement new sales taxes in Alameda, Contra Costa, San Mateo, Santa Clara, and San Francisco counties starting in 2027. The funding aims to address massive financial deficits facing agencies like BART and Muni, providing nearly $1 billion annually to prevent station closures and service cuts. Read more.
On Nov. 3, voters in five Bay Area counties will vote on a regional sales tax measure that, if it fails, could prompt local transit agencies to close train stations and cut bus service.
If passed, the Regional Transit Measure, or RTM, will impose a half-cent sales tax in Alameda, Contra Costa, San Mateo, and Santa Clara counties as well as a one-cent sales tax in San Francisco starting April 2027.
The tax would raise an estimated $980 million annually for 14 years to fund the region’s public transit agencies, which are struggling with massive financial deficits. Revenue would go to BART, Muni, Caltrain, Alameda-Contra Costa Transit, the Santa Clara Valley Transportation Authority, the San Francisco Bay Ferry, Golden Gate Transit, and other transportation agencies operating in the five counties.
In California, a regional measure for a new sales tax would normally require a two-thirds majority approval if the state Legislature directly places it on a ballot. Transit advocates, however, chose to collect signatures to make the sales tax a citizen-initiated ballot measure that would lower the threshold to a simple majority of votes cast across the five counties.
The RTM received more than 241,000 signatures, exceeding the 186,000-signature threshold required to qualify for the ballot.
Black Press
OP-ED: For Us It’s Feel-a-Nomics
BLACKPRESSUSA NEWSWIRE — Consumer confidence is at its lowest level since 2014. The median household income in America is $87,460 but it takes a median income of $150,000 to buy a home. Affordable housing is sitting vacant because folks still can’t afford it particularly with the dramatic cuts to SNAP and Medicaid we saw in Trump’s “Big Ugly Bill.”
I often refer to the economic conditions we see in our Black community is Black-a-nomics. But that description is truly rooted in Feel-a-nomics: the economy that you can feel.
Feel-a-Nomics gets past the philosophical abstractions you hear about so much on the news that politicians use to paint a rosier picture than the reality you’re facing. Feel-a-Nomics doesn’t care about corporate profits or dividend projections because those earnings don’t trickle down to your wallet. It doesn’t pay any attention to inflated job numbers when we know that it takes at least two of those jobs to earn a living wage.
Feel-a-Nomics is the economy that affects every day of your life.
Foreclosure rates are skyrocketing up 21% for the first half of 2026 and car repossessions were up 43% as of January. That’s Feel-a-Nomics because it’s your home on the chopping block and that’s the car you need to get to and from your job.
Credit card debt is surging as more than half of Americans are forced to rely on credit cards to pay for basic needs like groceries, rent and utilities. Student debt has jumped since the Trump administration reversed course on Biden repayment and forgiveness plans. This unconstitutional war has brought us record high diesel prices and fertilizer costs along with 16 unnecessary American deaths with a Feel-a-Nomics impact of higher prices at the pump and the grocery store as it costs our farmers more not just to grow our food, but to send it to us too.
Consumer confidence is at its lowest level since 2014. The median household income in America is $87,460 but it takes a median income of $150,000 to buy a home. Affordable housing is sitting vacant because folks still can’t afford it particularly with the dramatic cuts to SNAP and Medicaid we saw in Trump’s “Big Ugly Bill.”
The MAGA healthcare cuts are piling on new premiums and high deductibles. High inflation, particularly at the gas pump and the grocery store, is cutting our legs from under us. The value of our dollar is shrinking at every turn and it doesn’t matter anymore if you want to get a second or third job because, according to another piss poor jobs report, the work just isn’t out there.
According to the Federal Reserve, the net worth of Black households is down 25%. That’s our home. That’s our community. Those are our families! That’s Feel-a-Nomics and, here in the Black community, it hurts. So let’s turn that pain into progress.
After gutting the Voting Rights Act and more, President Trump and the MAGA Congress has done everything they can to cripple Black progress and Black communities. They’ve picked our pockets and our bodies to the bone. But there’s something we can do about it.
The economics of voting are undeniable and, try as they might, they can’t keep us out of the voting booth. That’s why we have groups like State Voices, Repairers of the Breach, Common Cause, No Kings and more coming together to drive voter mobilization and participation. That’s why Repairers of the Breach is organizing 1,000 marches to the polls across the South and battleground states like North Carolina where 201,609 voters cast their ballots on Thursday’s first of early voting.
That’s a 46.7% increase in early voting from 2022. That’s huge! But it’s just the start.
We need a generational, Presidential year-type turnout if we’re going to turn this ship around and find the Feel-a-Nomics relief we need in our communities. That means we all have to do our part from the streets to the suites.
We need everyone from the PhDs to folks who don’t have a GED. We need the farmers and forklift drivers, college students to life students, front line workers for everyone who works on the line.
We need everyone.
We’ve all felt the impact of MAGAnomics and Trumpism. We’ve all felt the pain whether it’s that empty feeling looking at bills you just can’t pay no matter what you cut or the cramp in your stomach because you’re skipping meals trying to keep the lights on.
We’ve all felt the pain of these Feel-a-Nomics. But the good news is that we have an opportunity right now to do something about it. We have the opportunity to make a change at the ballot box.
But it’s going to take all of us to make it happen. It’s going to take every shoulder against the wheel to push back on the big money holding us down. It’s going to take all of us but we’ve done it before.
Are you ready to do it again?
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