California’s billionaires may be on the hook for a one-time 5% tax on their net worth to help the state fund health care for low-income residents after sweeping federal cuts…
California
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Banc of California will raise its profile in downtown Los Angeles by putting its name on top of a skyscraper and nearly doubling the size of its offices. The Los…
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Stocks
Edison sinks as Trump administration cancels planned California grid upgrade grant (EIX:NYSE)
Gargolas/iStock via Getty Images Edison International (NYSE:EIX) -4% in early trading Thursday as Southern California Edison’s $600 million federal grant awarded last year to upgrade 100 miles of electric transmission…
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California desert communities are no longer just seasonal escapes—they’re fueling a gold rush as full-time luxury destinations. Incomes have surged in Thousand Palms, Indian Wells, and Del Mar, reshaping housing…
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California lawmakers just paved the way for a whole lot more housing in the Golden State. In the waning hours of the 2025 legislative session, the state Senate voted 21…
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A financially troubled skyscraper in downtown Los Angeles has gone into receivership as office landlords there struggle to keep their buildings leased. One California Plaza — the gleaming 42-story tower…
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Even as bosses across the country report a jump in the number of people returning to the office, attendance in California remains less than half of what it used to…
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Southern California home prices declined slightly in May compared to a year earlier, the first annual drop since 2023. In May, the average home price across the six-county Southern California…
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Southern California home prices are barely budging. In April, the average home price across the six-county Southern California region rose 0.4% from March to $884,981, according to data from Zillow.…
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The Trump administration wants to sharply reduce funding for federal rental assistance that helps hundreds of thousands of California households afford a home. The plan, part of the president’s 2026…
