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Where New Construction Thrives: Top Metros for 2026
The United States is still short an estimated 4 million homes, and closing that gap through…
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California lawmakers strike wildfire deal that leaves out most of Newsom’s big demands
Gov. Gavin Newsom backed off his plans to ease costs for utilities following wildfires they cause, striking a narrower deal with Democratic lawmakers.
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Trump cuts to these college outreach programs are hurting rural California students
Campus tours, help with college applications and academic counseling. These are just a few forms of college outreach and assistance lost to California students when the U.S. Department of Education canceled over $40 million in funding across the country for more than 100 TRIO programs. The cuts hit rural students the hardest.
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San Diego Homes Are Now Selling 8 Days Faster Than Last Year
San Diego homes are selling eight days faster than a year ago, with the typical home going under contract in 32 days. That’s one of the biggest declines among the 49 most populous U.S. metros. Nationally, homes take 49 days to sell, unchanged from last year. Still, Redfin agents say the market is mixed, with…
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Fed Chairman Warsh’s First Jackson Hole Speech: What a Hawkish Fed Means for Mortgage Rates This Fall
Kevin Warsh’s first Jackson Hole speech as Fed Chairman was an exercise in doubling down: on the 2% target, on the Fed’s responsibility for 65 months of elevated inflation, and on his refusal to commit to any policy path. Prediction markets flipped from pricing a September hold to pricing a hike before he finished speaking.
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California’s budget is so convoluted that even experts are perplexed at what it contains
The process has become opaque, and the budget itself is a hodgepodge of phantom revenues, accounting gimmicks and off-the-books loans.
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The data center backlash is here — and Big Tech is spending big to combat it
The public has turned against data centers, prompting a flood of legislation in California. Business interests are trying to blunt the backlash.
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California Democrats race to ban electric shock gloves before ICE buys them
Democrats are pushing a last-minute bill to ban federal agents from using electric shock gloves following reports that Immigration and Customs Enforcement is making moves to buy and use them.
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Will lawmakers water down data center rules?
As public backlash against artificial intelligence data centers grows, tech companies are spending big bucks to influence and dissuade state lawmakers from reining in the facilities, report CalMatters’ Katherine Ortiz and Khari Johnson. The Legislature is currently considering bills that would shift electric infrastructure costs toward data center operators and away from residential customers. Other…
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What to know about the new California privacy law that became a flashpoint over free speech
Gov. Gavin Newsom signed a law expanding privacy protections to people who work with immigrants. Republicans characterized it as a threat to the First Amendment.
