‘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.
Mental health workers shortage has created a growing healthcare crisis
A mental health worker shortage has caused a crisis among kids and teenagers who need service. People who work in the field say this worker shortage could be detrimental.
These are the worst airlines for cancellations, delays
The U.S. Department of Transportation released its December 2022 Air Travel Consumer Report on Thursday, ranking airlines on cancellation rates, on-time arrivals
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.
Oregon puts rebates for electric vehicles temporarily on hold
Oregon is suspending a program that gives rebates to purchasers and leasers of electric vehicles for a year as the popular program is running out of money.
Texas deputies respond to small plane crash, injuries unknown
Texas deputies responded to a small plane crash that happened on Saturday in Lubbock. The number of people on the plane is unknown.
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.
Delta flight to Atlanta diverted to Dallas over 'unruly passenger'
A Delta Air Lines flight to Atlanta made an unexpected landing in Dallas early this morning due to the behavior of an “unruly passenger,” the airline says.
Silicon Valley Bank's holding company files for Chapter 11 bankruptcy protection in NY
SVB Financial Group on Friday announced it has filed for Chapter 11 bankruptcy protection in the Southern District of New York in order to preserve its value.
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.
FBI arrests exiled Chinese social media mogul in alleged $1B fraud scheme used to fund luxurious NYC lifestyle
The FBI arrested exiled Chinese businessman Ho Wan Kwok, also known as "Miles Guo," in an alleged $1 billion fraud scheme used to fund his luxurious lifestyle in the New York City area.
Willow Project to deliver jobs, billions in government revenue
President Joe Biden's approval of the Willow Project is expected to net billions in tax revenue and create new jobs on Alaska's North Slope as ConocoPhillips moves forward.
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.
GM scouts ways to integrate AI ChatGPT into 'everything': report
General Motors is reportedly looking into ways to integrate the artificial intelligence bot ChatGPT into its vehicles as Microsoft continues to invest in the product.
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.