Browsing: Californias

Over the weekend, Southern California’s coastal communities were battered by strong waves that caused flooding and damage to homes as Post-Tropical Cyclone Rachel moved through the region.

A relatively new and little-known state agency has taken the first steps toward imposing fines on hospitals that it claims are charging too much, but will more price controls really fix a system in which government mandates and restrictions have already substantially raised healthcare prices?

Here is a baker’s dozen of September’s most-popular real estate stories from the Southern California News Group, as measured by online viewership.

What you need to know:  New federal data shows California has surpassed $4.5 trillion in economic production, dominates across sectors, and is a leader in increasing wages and salaries.

Boosted by investments in AI, a revitalized aerospace industry and a growing U.S. defense budget, California’s economic growth is expected to continue outpacing the nation, according to a forecast from the UCLA Anderson School of Management. However, tariffs, deportations and high energy prices are likely to somewhat slow growth, though it should pick up next…

What you need to know:Sites Reservoir is an important part of California’s strategy to capture wet-season flows and build water resilience in a hotter, drier climate — and the project recently reached an important milestone to move it closer to construction. The final permit will now go before the State Water Board on November 4.

California voters will soon decide whether to impose a one-time 5% tax on the wealth of the state’s billionaires. Google co-founder Sergey Brin recently contributed $82 million to oppose the measure. His critics frame this as an existential battle between self-interested billionaires and the public interest. At stake are funds unions and legislators believe could…

In another push to revitalize California’s film and TV industry, Gov. Gavin Newsom on Saturday signed the state’s first standalone post-production tax incentive. The new incentive is aimed at bringing back jobs for the industry’s editors, sound mixers, composers and visual effects artists. It will allow a 35% to 50% credit on qualified expenses related…

Quick look: Thirty-seven Orange County high schools landed among the top 300 in California and top 1,700 nationally in the latest U.S. News & World Report Best High Schools rankings, led by Oxford Academy, which ranked No. 3 in California and No. 17 nationally.

Actual wars. Trade wars. Pricey gasoline. Reignited inflation. And rising interest rates, notably mortgage rates.