Stuart Varney: California's new 'mansion tax' is just another way to bash the rich
FOX BUSINESS' Stuart Varney criticized California's "mansion tax" designed to reduce housing costs for the homeless arguing the bill has pushed homebuyers to sell.
‘Million Dollar Listing’ star warns CA mansion tax will deliver ‘hardest hit’ to market since 2007
California's soon-to-be-enacted "mansion tax" will "trickle down" to working households living in four-bedroom, 4,000 sq. ft. homes, according to broker and agent Josh Altman.
Federal Reserve sounded alarm about Silicon Valley Bank's risk management in 2019: report
The Federal Reserve reportedly issued multiple warning about Silicon Valley Bank's risk management starting at least four years before the bank's implosion.
Someone is sending paid food deliveries to an LA neighborhood, leaving residents uneasy: 'I don't trust it'
Los Angeles residents are trying to figure out why dozens of Uber Eats deliveries have been showing up on their doorsteps despite never being ordered by the residents.
Biden backs tougher penalties for executives of failed banks in wake of collapses
President Biden released a statement Friday encouraging harsher penalties on bank executives who mismanage their institutions into financial collapse.
Berkshire-owned railway says train that derailed in Arizona was carrying corn syrup, not hazardous material
A BNSF Railway train carrying corn syrup derailed Wednesday evening near Topock, Arizona — the latest in a series of similar accidents nationwide.
California school board sues TikTok, Snap, Google over youth mental health crisis
A California school board is suing some social media companies over the content delivered to children and their practices.
Biden formally submits Julie Su's nomination for labor secretary to the Senate
President Biden formally sent Julie Su's nomination to be the next secretary of labor to the senate on Tuesday, the White House announced.
Silicon Valley Bank committed 'one of the most elementary errors in banking,' Larry Summers says
Former Treasury Secretary Larry Summers said Silicon Valley Bank made an "elementary" mistake in banking that led to its collapse and takeover by federal regulators.
Former Obama official worked at Silicon Valley Bank before collapse that rattled American economy
An official who served in the Treasury Department under former President Obama was also a board member of Silicon Valley Bank before its collapse last week.
Silicon Valley Bank gave company-wide bonuses hours before it collapsed: report
Silicon Valley Bank gave its employees their annual bonuses on Friday just hours before the federal government took control of the bank to halt its collapse.
Andrew Yang warns of 'mass layoffs,' calls for government intervention after Silicon Valley Bank collapse
Andrew Yang, a businessman and Democratic political candidate in multiple races, urged for government action on the collapse of Silicon Valley Bank warning of mass layoffs.
Silicon Valley Bank collapse: California governor says he's working with FDIC to 'stabilize' situation
California Governor Gavin Newsom said in a statement that he's working with the White House and Federal Deposit Insurance Corporation after Silicon Valley Bank was shut down by regulators.
Silicon Valley Bank touts Forbes 'best bank' nod days before becoming largest failure since Great Recession
Days before Silicon Valley Bank collapsed, the bank praised itself for being named onForbes magazine's annual ranking of "America's Best Banks" for five years in a row.
Newsom ends California's contract with Walgreens over abortion drug dispute: 'We're done'
Governor Gavin Newsom decided not to renew a $54 million contract with Walgreens in response to the company's decision not dispense abortion drugs in certain states for legal reasons.
Black California couple’s home appraises for $500K more when White friend poses as owner
A black couple has settled a lawsuit with a property appraiser who undervalued their California home by almost half a million dollars.
Feds suspect Tesla was using automated driving system in fatal firetruck crash
The feds suspect that a Tesla was using the automated driving system when it crashed into a firetruck last month. The California crash killed the driver and injured the passenger.
California's Newsom slams Walgreens on abortion drugs
California Governor Gavin Newsom slammed Walgreens over its decision to stop selling the abortion drug mifepristone in 20 states led by Republican attorneys general.
Sacramento mayor to reparations task force: 'I wholeheartedly support reparations and I think everyone should'
Sacramento Mayor Darrell Steinberg told members of the California task force on reparations that he wholeheartedly supports giving Black Californians compensation for being descendants of slaves.
California bullet train boondoggle faces cost increases and potential delays
California's long-planned high-speed rail project has been set back with cost increases and delays, a new report from the California High-Speed Rail Authority said.