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Proposition 3 sustains California schools. Losing the high-income tax would be devastating
Proposition 3 doesn’t raise taxes on anyone, a cafeteria manager argues. It avoids a tax cut for the top 2% of earners by sustaining rates voters first backed in 2012 to aid schools.
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California prison towns grasp for new jobs after closures: ‘No one is coming to save us’
California is closing prisons because it’s incarcerating fewer people. Several towns with shuttered prisons now are struggling to lure new employers.
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Newsom closed 5 prisons. What happened to the towns around them?
About 15 years ago, the former prison towns of Blythe and Susanville were getting by relatively well. Many of towns’ residents were steadily employed by the state, and their good wages and benefits helped fuel the local, albeit isolated, economies. But after changes in California’s criminal sentencing laws led to fewer people being incarcerated —…
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ICE gives detention centers high marks for health under Trump even as deaths climb, report finds
Immigrant detention centers are receiving high marks for health and safety under the Trump administration, according to a new investigation by the Project on Government Oversight.
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Rents Reach $1,962, Rising at the Fastest Pace in Over a Year (July Rent Report)
Demand is strong, supply is narrowing and rent growth is on the rise — even as nearly 2 in 5 listings still offer a concession. The post Rents Reach $1,962, Rising at the Fastest Pace in Over a Year (July Rent Report) appeared first on Zillow Research.
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Cash Sales Fade as Housing Market Rebalances
In the full year 2025, 31.6% of home sales for the full year were all-cash, down slightly from 31.7% in 2024 and 33.2% in 2023, which was the highest level in a decade. Year-to-date in 2026 (January through April), the cash share sits at 31.4%, 0.9 percentage points below the same period in 2025. Cash…
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The gap between permits and groundbreaking just got wider
New residential construction took a step back in July, down 12.4% for the month and 13.5% below the year-ago level. Monthly contraction came from both single family, down 9.9%, and multifamily, down 15.6%. However, the multifamily segment had a significant surge last month, so the double-digit drop isn’t as concerning.
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Markets Await Clues on Fed’s Next Moves as We Enter a Quiet Week For Data Releases
In A Nutshell: The economic calendar is light this week with little new information for markets to chew on. The Fed’s Jackson Hole symposium next Friday will kick off a new round of information that may change the odds of a rate hike at the Sept 16th Fed meeting. Upcoming Attractions With few economic…
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Algunos estudiantes de Cal State recibieron las decisiones sobre su ayuda financiera mucho más tarde este año. He aquí por qué
La agencia federal de ayuda actualizó sus medidas de protección contra el fraude, lo que provocó un retraso de varias semanas en las notificaciones de ayuda financiera a los estudiantes.
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El estado afirma que este hombre le robó millones a ancianos de California. Los tribunales ignoraron las señales de advertencia durante años
Una investigación de CalMatters reveló que muchas de las medidas de protección diseñadas para prevenir el abuso fiduciario han sido abandonadas o ignoradas.
