Potential Housing Crisis Dead Ahead
Chairman Janet Yellen says the Federal Reserve is delaying hiking interest rates, so the rapidly inflating real-estate bubble seems headed toward another crisis.
Chairman Janet Yellen says the Federal Reserve is delaying hiking interest rates, so the rapidly inflating real-estate bubble seems headed toward another crisis.
As Apple raged in court that the Founding Fathers “would be appalled” at the FBI’s demand for a backdoor into the iPhone, it was leaked that FBI Director James Comey was meeting with China’s head of state surveillance about source code access.
The DeepMind Challenge victory demonstrates that Google’s open-source “artificial general intelligence” has just launched a new era of disruptive technology.
With the audacious, crowdsourced “Hyperloop” meeting all its technical design milestones, the company’s CEO just promised the L.A.-to-San Francisco commute time will be 36 minutes–and only cost $30.
After just becoming the largest owner of real estate in the world, the Blackstone Group has agreed to sell its 16 luxury properties, including the iconic Hotel de Coronado to Chinese-based Anbang Insurance Group.
The United States, at 2:00 AM on March 13, lost one hour to comply with President Richard M. Nixon’s still controversial “Emergency Daylight Saving Time Energy Conservation Act of 1973.”
Although polls reveal that most Californians now want to repurpose “high-speed rail” funding for drought relief, some farmers in the area are concerned that the initiative could actually make their lives worse.
When the Hoover Institution took a close look at California’s migration patterns, they discovered that California’s middle class is leaving the state in record numbers.
With this year’s strong El Niño tending to skirt California and drenching the Pacific Northwest, Los Angeles County just went all-in to revive a controversial cloud seeding program to squeeze out every last drop of precipitation from late season rain showers.
Square, Inc. stock popped when its mobile payment service crushed fourth-quarter sales expectations on March 9 — but then plunged as the company racked up a bigger-than-expected losses.
A supervisor in the San Francisco just declared a “state of emergency” to demand the city and the state spend more money on the homeless.
The California High-Speed Rail Authority cleared a legal challenge last week when a Sacramento judge ruled the authority does not have to validate required travel time between LA and San Francisco during the planning stages.
Sanders should have the momentum to sweep California and five other primaries on June 7 to pass Clinton in the delegate race and seize the party’s nomination from her grasp.
Despite California Gov. Jerry Brown’s full-court-press to cast himself as the ultimate climate change warrior, the Porter Ranch gas leak has trashed his relevance to the movement and made the governor an environmental “lame duck.”
Tesla Motors will host a gala introduction of its sexy and mass-market affordable $35,000 Model 3 at its Hawthorne Design Center on the evening of March 31.
Top liberal mega-donor and California climate change warrior Tom Steyer has kicked up the pace of his political contributions from $9.3 million by the end of January in the 2014 cycle to $13 million in this year’s political contests.
The San Bernardino District Attorney told a federal judge on Feb. 27 that Apple must assist law enforcement by unlocking the terrorist killer Syed Farook’s iPhone 5C because it may have been the trigger to unleash a “cyber pathogen,” county
Dilma Rousseff’s government arrested the top Latin America Facebook executive for not surreptitiously archiving messages on WhatsApp.
The U.S. corporate bond default rate jumped to 3.3 percent at the end of February, a level higher than when Lehman Brothers filed for bankruptcy in September 2008.
So-called “unicorn” tech companies in Silicon Valley valued at over $1 billion by private equity investors are becoming “unicorpses.”
With China devaluing its currency, stocks crashing 3 percent and capital flight accelerating, China has cut bank its bank reserve requirements to free up $100 billion in credit.
Liberals should find a new respect for tax cuts, because cheaper gasoline prices are acting like a $1,500 “trickle-down” tax cut for every American household, goosing revenue at local restaurants, groceries, charities and retail stories.
As 200 shareholders cheered Apple CEO Tim Cook’s battle with the FBI for a “backdoor” into the iPhone, but the real battle is Apple’s attempt to save its lucrative “walled garden.”
With the pubic distracted by the FBI battling Apple for an iPhone backdoor, President Obama is secretly working to trash President Ronald Reagan’s restrictions on the number of federal agencies that can spy on Americans and others.
Although the new Samsung Galaxy S7 outdistances the iPhone 6S family on virtually every performance metric, the real threat is the S7 undermining iPhone sales pricing. The new Samsung (SSNLF:NASDAQ) S7 beats Apple Inc. (AAPL:NASDAQ) iPhone 6S in screen pixels,
CEO Tim Cook says the court order won by the FBI is the ‘Software Equivalent of Cancer.’
Tesla’s just-released annual 10-K for 2015 acknowledges that sales in China tanked by 33 percent, and the market value for environmental credits has plunged by 49 percent, since last year.
Argentina’s new president, Mauricio Macri, is fundamentally shifting his country’s economy by dumping Marxism, curing defaults and sparking a capitalist revival.
The county with the highest arrest rate in California is not Los Angeles, San Diego or the Bay Area counties, where Black Lives Matter protests have shut down cities. Rather, it is “hippie” Humboldt County, which had the highest arrest rates for felonies, misdemeanors, and status offenses for the 58 counties in California from 2005 through 2014.
After winning Consumer Reports’ coveted top spot for 2014 and 2015, Tesla Motors Inc.’s (TSLA:NASDAQ) was dropped from the top 10 car brands for 2016.
The news is full of stories about deflation and negative interest rates, but take away the $80 a barrel decline in oil prices since March 2014, and the inflation trend appears to have popped up to more than 2 percent.
With rents jumping over 50 percent in the last four years, there are many horror stories about evictions across Silicon Valley — most recently, the story of a 97-year old woman who has lived in the same rental for 66 years.
With the FCC’s “Net Neutrality” policy undermining telecommunications companies’ business model, it looks like a bidding war may be spooling up for Yahoo!’s legacy email service.
China’s communist government has issued a directive stating that all “Sino-foreign joint ventures, Sino-foreign cooperative ventures and foreign business units shall not engage in online publishing services.”
Despite record worldwide shipments of 403.1 million smartphones in the last quarter of 2015, Apple’s iPhone suffered its first year-end sales decline in history, according to the world’s leading tech advisory firm.
Former Republican candidate for California governor and current Federal Reserve Bank of Minnesota President Neel Kashkari gave a speech Feb. 16 advocating doubling-down on Obama’s disastrous Dodd–Frank law, which has made irresponsible “too big to fail” banks much bigger by crushing well-managed community banks.
Jerry Brown tried to introduce the concept of implementing a “revenue-neutral carbon tax.”
California is now the hottest place on the planet to sell new cars, especially if they are gas-guzzling trucks and SUVs from Detroit.
Real estate brokers are warning that home sales are struggling to close when homeowners carry $20,000 or more in lease obligations owed for solar panels that are now “white elephants.”
Following an effort by Governor Jerry Brown’s union-stacked Public Employment Relations Board (PERB) to nullify its 66 percent voter-approved public pension restructure, the San Diego City Council voted unanimously to appeal the PERB’s ruling to the courts. Facing impending municipal bankruptcy