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Key Takeaways: Governor Gavin Newsom of California signed AB 2409 to prevent the issuance of certain memecoins by the state and local public officials. Additionally, the law restricts digital asset…

Dalin Ou/iStock via Getty Images California Gov. Gavin Newsom on Sunday signed legislation that bars public officials from issuing meme coins and restricts cryptocurrency platforms from offering certain tokens linked…

Federal Reserve policymakers appear increasingly divided over whether to cut interest rates again in December, and even the resumption of federal economic reports as the government reopens may not settle…

A proposed mega-development in downtown Los Angeles, which would replace a cold storage facility with a $2-billion residential and commercial complex, cleared a major hurdle last week when the city…

Most Federal Reserve officials believed they would need to cut interest rates “over the remainder of the year” because of a worsening labor market and diminished risks of rising inflation.

The central bank is having a tough time gauging the impact of Trump’s plans on the economy.