California Gov. Gavin Newsom says the state is now the world’s fourth largest economy. But after accounting for the high cost ...

New data shows California has overtaken Japan as the 4th largest economy in the world, Gov. Gavin Newsom announced Wednesday.

California's GDP now exceeds that of Japan, making it the fourth-largest economy in the world, according to the International Monetary Fund.

If California were its own country, its economy would now rank as the fourth largest of any nation in the globe, Gov. Gavin ...