After voters in November sent a clear message that the rising cost of living remained a top concern, California lawmakers came to the state Capitol vowing to take decisive action.

"Our task this session is urgent and clear," Assembly Speaker Robert Rivas (D-Hollister) told lawmakers at the start of the 2024-2025 legislative session in early ...Read more

Zillow has broken from the pack to say San Diego County home values could decrease over the next year.

Home values in San Diego County will drop 1.1% by March 2026, Zillow said in its latest Home Value Index. While the decrease is small, it’s notable because no other major forecasters have said home prices, or values, would drop, and it’s ...Read more

By 2021, as the COVID-19 pandemic swept across the globe, Las Vegas-based luxury real estate broker Ivan Sher started noticing a distinct migration pattern from California’s affluent neighborhoods to Las Vegas.

“What I think pushed people over the edge” in California was government mandates that impacted them and their children in school,...Read more

United Wholesale Mortgage reported a first-quarter net loss of $247 million on total revenue of $613.5 million, down from a profit of $180.5 million during the same period last year. A $388 million reduction in the fair value of its mortgage servicing rights portfolio impacted the results, the Pontiac, Michigan-based lender said Tuesday.

The ...Read more

Warren Buffett told Berkshire Hathaway shareholders that he plans to step down as CEO at the end of 2025 and recommended to the company’s board that his previously identified successor, Greg Abel, take over at that time, ending a 60-year career that created one of the greatest investment records of all time.

Buffett made the dramatic ...Read more

When the Federal Reserve decides what to do with interest rates to manage the economy, the data usually speaks for itself. Policymakers, for instance, knew they needed to rush to cut interest rates in 2020 as the gears of commerce came to a screeching halt at the onset of the coronavirus pandemic. Two years later, when inflation surged to a 40-...Read more

There’s a reason financial advisers keep recommending you save money for emergencies. More than one in three Americans needed to tap their emergency savings in the past year, according to Bankrate’s 2025 Annual Emergency Savings Report. But when you’re juggling debt, putting money toward savings can feel overwhelming. Many feel paying down...Read more

As steep tariffs on imports throw Los Angeles-area ports into turmoil and chill industrial property leasing, one rare type of building is suddenly in hot demand — bonded warehouses where goods can be stored without paying tariffs until they are removed.

Key personnel at bonded warehouses have to undergo background checks and the operator must...Read more

The salary needed to afford a typical home in the Bay Area just keeps climbing higher.

A homebuyer hoping to afford a median-priced home in the San Jose metro region must earn 54% more than was needed six years ago — an income of $370,000, versus $240,000 in 2019, according to a new study by Realtor.com.

That means that a buyer hoping to ...Read more

Call it what you want, but California’s homebuying pace remains below the Great Recession’s bottom.

My trusty spreadsheet reviewed a new set of home sales figures created for the Southern California News Group by real estate tracker Attom. These broad-based statistics track closed transactions by month and include existing and newly built ...Read more

Is there such a thing as a “real America”? A battle now rages over this simple question. Some Democratic party operatives claim the real America are so-called “Trump voters,” who they say they need to better “study” in order to win future elections.

Many Republican voices argue the real America are just those who support the new ...Read more

CUPTERTINO, California — When the time came for Gabriela Flores to apply for a new teaching job in the Bay Area, the Scotts Valley resident had her heart set on one place: Cupertino.

The city is not only home to Apple headquarters, but also boasts some of the best schools and students in the state. Flores said she felt drawn to the ...Read more

New York City’s 2 million rent-stabilized tenants will almost certainly see their rents rise for the fifth year in a row after the panel charged with deciding rates approved hikes during a raucous preliminary vote Wednesday evening.

The Rent Guidelines Board agreed to a range of 1.75% to 4.75% increases for one-year leases and 4.75% to 7.75% ...Read more

It’s not that Intermountain Health refuses to upgrade its Denver hospital and medical clinics so they produce less pollution.

It’s the fact that the health system’s buildings are of different ages and sizes, and one of them — Saint Joseph Hospital — is open 24 hours a day. It’s a facility where lights and room temperature can be a ...Read more

Sabrina Guillaume’s parents always urged her to invest in a home in Liberty City.

But when she started the homebuying process in early 2020 at age 24, she hit a lot of obstacles: After getting preapproved for a loan, the pandemic came, and the homes she’d been eyeing rose from the mid-$300,000s to $500,000 in a matter of months. Then there ...Read more

The “Sell America” trade that gripped markets this month has left a potentially lasting dent in investors’ willingness to hold the U.S. government’s longest-maturity debt, a mainstay of its deficit-financing toolkit.

For bond managers at BlackRock Inc., Brandywine Global Investment Management and Vanguard Group Inc., the problem is that...Read more

Tenants hunting for office space in the Los Angeles area are in the driver's seat as vacancies plague many landlords trying to fill their buildings with people.

The greater Los Angeles office rental market started the year with a turbulent first quarter and historically high vacancies as tenant demand was persistently soft in spite of more ...Read more