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Billionaire tax explained: What you need to know about Prop. 40
Proposition 40 would levy a one-time tax on billionaires. Some say the initiative opens the door to tax flight and more aggressive taxation. Others say there’s no way to predict the outcome.
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Get up to speed fast on Newsom’s last new laws and vetoes
It’s official: Gov. Gavin Newsom has signed and vetoed his last bills as California governor. Wednesday was the final day for Newsom to weigh in on 1,160 bills that were sent to him by state legislators. The governor, widely understood to be gearing up for a run for president, wanted the spotlight on some bills…
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Zillow: CPI Shelter Forecast, September 2026
Zillow forecasts 2.7% rent inflation, 3.1% OER inflation annually in September, as measured by the Consumer Price Index.
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Beating the Headline Mortgage Rate: What Borrowers Still Control in a 7% Market
Mortgage rates just crossed 7%, but the headline is only part of the story. Inside a single month, the middle 80% of borrowers received rates 93 basis points apart. Realtor.com Economics analyzed 1.35 million Freddie Mac loans to find which credit score and down payment thresholds matter most, and what shopping across lenders is worth.
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Schools were confused about K-12 arts funding. A new law adds clarity
Some school officials were confused about how they could and could not spend their arts education money. A new law provides more guidance.
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Newsom signs anti-monopoly bill after bruising legislative battle
Gov. Gavin Newsom signed Assembly Bill 1776 on Wednesday, modernizing state antitrust legislation. However, former supporters argue the bill was defanged after a multimillion-dollar lobbying effort by business groups.
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California bans child marriage after 9-year fight to outlaw the practice
Gov. Gavin Newsom signed a law prohibiting marriage for people under 18. Liberal civil rights organizations fought previous efforts to ban the practice.
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What bills did Gavin Newsom sign into law — or veto — in his final year leading California?
California lawmakers sent Gavin Newsom hundreds of bills in his final months as governor. Here’s how he handled proposals to counter the Trump administration, lower the cost of living, crack down on data centers and boost retirement plans for public employees.
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On AI, Newsom gives labor only some of what it demanded
The governor signed legislation to limit how workers can be terminated, overridden, or surveilled by artificial intelligence.
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Newsom signs first-in-the-nation law to bolster struggling local news organizations
Gov. Gavin Newsom approved a novel tax plan to keep California’s shrinking newsrooms afloat. It provides incentives for companies to hire journalists.