News
California governor calls for national minimum tax on billionaires and closing tax loopholes
6+ hour, 26+ min ago (271+ words) California Gov. Gavin Newsom called for a federal minimum tax on billionaires and those with a net worth above $100 million on Friday, laying out a populist economic agenda aimed at addressing wealth inequality as he considers a 2028 presidential bid. Newsom's…...
California governor calls for national minimum tax on billionaires and $100 M+ net worth individuals, countering state ballot measure he opposes
1+ day, 6+ hour ago (741+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Apple raises Apple TV 4 K prices by up to 67% due to memory chip shortage, with the 64 GB model now starting at $199
1+ day, 2+ hour ago (689+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
California governor calls for federal minimum tax on billionaires and $100 M+ net worth individuals, plus a national equity fund to share AI wealth gains
1+ day, 13+ hour ago (407+ words) California Gov. Gavin Newsom on Friday proposed a national tax on billionaires that he says is the first part of an "economic reset for America" agenda, escalating his push for wealth redistribution after failing to block a state-level billionaire tax....
Consumer advocacy group says Uber largely self-insures through subsidiary while claiming insurance costs are high
2+ day, 8+ hour ago (609+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
Apple CEO Tim Cook confirms the company will raise prices on i Phones, Macs, and i Pads due to soaring memory chip costs driven by AI demand
2+ day, 16+ hour ago (388+ words) Apple CEO Tim Cook warned on June 17 that the company will raise prices on its products to offset surging memory and storage chip costs, calling the shortage a "hundred-year flood" driven by artificial intelligence demand. The announcement marks an unusual…...
Alphabet shares trade around $367 following record first-quarter results and expanded AI infrastructure spending plans
5+ day, 17+ hour ago (714+ words) Chris Martin is a US economics and current affairs journalist covering the intersection of policy, markets, and everyday financial life. With a background in financial reporting and a sharp eye for the stories behind the numbers, Chris brings clarity to…...
California First Partner under federal investigation for tax conduct and nonprofit activities, sources confirm
1+ week, 2+ day ago (508+ words) eciks. org Jennifer Siebel Newsom, California's First Partner and founder of a nonprofit focused on gender equity in media, faces a Department of Justice probe into her taxes and nonprofits connected to her and Governor Gavin Newsom, according to sources…...
Former House Speaker Kevin Mc Carthy says California's ballot-counting process is the worst he's seen in years, as results from the state's June 2 primary continue to trickle in.
1+ week, 2+ day ago (468+ words) Mc Carthy criticizes California's slow vote count after June 2 primary eciks. org Former Speaker Kevin Mc Carthy criticized California's vote-counting process on Friday, June 6, 2026, echoing unsubstantiated election fraud claims as the state continued tallying ballots from its June 2 primary. On…...
Voters across five states cast ballots in 2026 primary elections, with high-stakes Senate and governor races in Georgia and Alabama deciding key midterm matchups
1+ week, 4+ day ago (314+ words) Primary elections underway in Georgia, Alabama, Washington DC, Oklahoma, and California today are putting President Donald Trump's endorsement power to the test across multiple high-stakes races for the 2026 midterm elections. The elections come as Trump's influence remains central to Republican…...