OUR BLOG

Los Angeles mansion tax starts Saturday, providing new funds for affordable housing but developers say it will stunt growth - KABC-TV

A new mansion tax approved by voters starts in Los Angeles on Saturday and is expected to generate hundreds of millions of dollars for affordable housing but will also make new developments more expensive.

image

Many electric vehicles to lose big tax credit with new rules - The Associated Press

WASHINGTON (AP) — Fewer new electric vehicles will qualify for a full $7,500 federal tax credit later this year, and many will get only half that, under rules proposed Friday by the U.S.

image

What's up with Charles Schwab? Stock record worst month since 1987 - CNBC Television

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday...

image

Car break-ins force Raising Cane's to close Bay Area dinning room - ABC7 News Bay Area

Oakland Raising Cane's management says the fast food restaurant is only allowing drive-thru service after several car break-ins in the parking lot as well as...

image

Burglar hits at least 10 food carts, coffee shops and restaurants around Bend; police post photos, seek tips - KTVZ

At least 10 food carts, coffee stands and restaurants were hit by burglars around Bend overnight Thursday and Friday, police said as they released security photos and asked the public to help them identify and catch the culprits.

image

Ripple CEO Slams SEC Chair Gensler for Dictating Which Crypto Tokens Are Securities – Regulation Bitcoin News - Bitcoin News

Ripple CEO Brad Garlinghouse has slammed SEC Chair Gary Gensler for dictating which crypto tokens are securities.

image

Indexes jump on inflation data; Nasdaq posts best quarter since 2020 - Reuters.com

Wall Street rallied more than 1% on Friday and the Nasdaq notched its biggest quarterly percentage gain since June 2020, as signs of cooling inflation bolstered hopes the Federal Reserve might soon end its aggressive interest rate hikes.

image

A post-Covid spending hangover means you have to be more selective with pet plays, Cramer says - CNBC

Consumer-spending trends popular during the pandemic have shifted. That means it's a hit or miss when it comes to pet stocks, CNBC's Jim Cramer said Friday.

image

Verizon, AT&T to get full C-Band use, extend some 5G safeguards - letter - Reuters

Four major U.S. wireless carriers told the Federal Communications Commissions (FCC) late on Friday they had agreed to some voluntary actions to address aviation safety concerns and allow full use of the C-Band wireless spectrum for 5G use.

image

Apple wins reversal of $502 mln VirnetX patent infringement verdict - Reuters

Apple Inc (AAPL.O) on Friday convinced a U.S. appeals court to throw out a $502 million verdict for patent licensing company VirnetX Inc

image

Silver outshining gold; sees best monthly gains in more than two years as prices push above $24 - Kitco NEWS

(Kitco News) - A shift in risk sentiment, coupled with a weak U.S. dollar and growing expectations that the Federal Reserve will cut interest rates in the second half of the year, is propelling silver prices higher, and the precious metal is outshining gold.

image

Twitter's algorithm specifically tracks how Elon Musk's tweets are doing - Mashable

Musk said he had no idea it was doing that!

image

XRP Surges on 'Investor Hope' That Ripple Defeats SEC - Decrypt

The token's surge is due to speculation around a long-running legal battle with the SEC, analysts say.

image

Austin Energy general manager Jackie Sargent is out, interim named - Austin American-Statesman

The departure is the latest in a string of changes among city leaders as Garza has taken over as Interim City Manager.

image

Sam Bankman-Fried using millions sent to Stanford dad to pay for lawyers: report - The Mercury News

A very generous gift Bankman-Fried sent to his law professor father in 2021 was created using money taken from Alameda Research, FTX’s sister company, according to a new report.

image

Crypto Market March Roundup: Bitcoin Rises Amid Banking Uncertainties, Macro Headwinds - CoinDesk

The largest crypto by market value soared 21%. Mask Network’s MASK surged more than 68%, to rank as March's top-performing token, while XRP rose 41%.