California is making big moves to tackle its housing crisis. The state's housing finance agency just hired Katherine McFadden to lead their multifamily programs. This is a huge deal because the agency has already pumped $3. 4 billion into affordable housing in just two years. They're not slowing dow
California's coastal regions are dealing with serious flooding issues. Heavy rain and unusually high tides have caused major problems. These conditions have led to mudslides and flooding, making travel difficult in some areas. In Santa Barbara County, the local airport had to close. Floodwaters cov
California is picking a new leader, and this time, it's not about fame or flashy personalities. The state has had its share of both. Remember Gray Davis? He was all about politics, with years of experience but not much charisma. Then came Arnold Schwarzenegger, the action movie star who won hearts w
California is home to many crypto billionaires. A new tax plan has them talking about leaving. A union proposed a 5% tax on assets for residents worth over $1 billion. This could bring in up to $100 billion. The tax would also include a one-time fee of $1 billion for those worth over $20 billion. Th
California is considering a new tax plan. It would target the state's billionaires. The idea is to tax their wealth, not their income. This has sparked a heated debate. Some people support the tax. They argue that billionaires' wealth has grown a lot in recent years. A one-time 5% tax would not hur
California is in for a rough ride with a series of storms lined up to hit the state. Starting this Friday, rain will drench areas from northern California up to Oregon, while higher elevations in the Sierra Nevada Mountains will see snow. This isn't just a one-day event; the rain is expected to stic
A big shot in the crypto world has some thoughts on taxes and wealth. Mike Novogratz, who runs Galaxy Digital, thinks the talk about taxing the super-rich should happen at the national level, not just in states like California. He said this isn't a small issue that will fade away. Novogratz believe
California, known for its sunny beaches and Hollywood glam, isn't a place you'd typically associate with tornadoes. But guess what? They do happen there! In fact, just last Christmas, a tornado whipped through Los Angeles, causing quite a stir. This wasn't a massive, mile-wide twister like the ones
Southern California is still dealing with the aftermath of heavy rain. The storm, which started on Christmas Eve, brought a lot of water from the Pacific. It caused flooding, road damage, and evacuations. The good news is that the worst is almost over. The weather service says the weekend will be dr
California faced a harsh Christmas surprise this year. A strong winter storm, known as the Pineapple Express, brought heavy rain, power cuts, and even deaths. This storm is part of a weather pattern called atmospheric rivers. They carry moisture from tropical areas to the west coast. While they brin
