A proposed 5% tax on billionaires’ wealth in California has drawn a strong response from crypto executives, who argue it would trigger an exodus of entrepreneurs and capital flight, and…
California
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Real Estate
‘Selling Sunset’ Alum Christine Quinn Reveals Why She Quit California and Moved Back to Texas
“Selling Sunset” alum Christine Quinn has revealed why she quit California and moved to Dallas as she dished on all of her favorite things about living back in the South.…
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Southern California home prices rose in October, stopping a five-month skid that saw the average home value fall more than $14,000 since April. In October, the average home price across…
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Real Estate
California Billionaires Could Get Hit With 5% Wealth Tax—Here’s How It Will Affect the Housing Market
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…
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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…
