SACRAMENTO, Calif. (AP) — California's budget deficit has grown to nearly $32 billion, Gov. Gavin Newsom announced Friday, saying the state's challenges are par

California’s budget deficit has grown to nearly $32 billion, Gov. Gavin Newsom announced Friday, saying the state’s challenges are partly due to high federal in

SACRAMENTO, Calif. (AP) — Gov. Gavin Newsom on Friday is expected to announce an even bigger budget deficit than the $22.5 billion hole that he confronted in Ja

First Citizens Bank is buying $72 billion of Silicon Valley Bank's assets after a stunning collapse that shook financial markets.

Customers of SVB will automatically become customers of First Citizens, which is headquartered in Raleigh, North Carolina.