Independent thinking for complex markets and current events
https://twitter.com/GayBearRes/status/1802451948626415808 The number: California is suffering from the nation’s second-biggest drop in job openings since the Federal Reserve began hiking interest rates two years ago. The source: My trusty spreadsheet looked at job openings for the 50 states and Washington, D.C., for March – the latest available – and compared them with March 2022. The why: The Fed …
Population: As of 2023, the population of California is approximately 38.94 million and the population of Texas is approximately 30.50 million. So, California has about 27.7% more people than Texas, not 50%. Jobless Claims: As of the week ending June 8, 2024, Texas had 17,093 new jobless claims. In the same period, California had about 41,200 new jobless claims. So, California has about …
by confoundedinterest17 Joe Biden is a dishonest politician, so it is no wonder that he ignores actual data. Like claiming that crime is down under his leadership, when it is actually large cities like New York and Los Angeles not reporting their crime data to the FBI. Take the May jobs numbers. The BLS reports …
California Democrats are planning to send the state’s astronomical gasoline prices soaring even higher by strengthening a pair of decade-old climate policies. The California Air Resources Board (CARB), whose most senior members are appointed by Governor Gavin Newsom, is considering amending two regulations — the Low Carbon Fuel Standard (LCFS) and the cap-and-trade program — …
A California State Legislature committee has approved a bill that could allocate a staggering $800 billion for slavery reparations. This sum is more than 2.5 times the state’s annual budget. Notably, California was never a slave state historically, yet it will be paying individuals who themselves were never enslaved. The decision reflects an acknowledgment of the long-lasting harm endured …
via Mike Shedlock Common sense returns to Virginia as California Governor Gavin Newsom Struggles to defend inane policy. Let’s start with Newsom and gasoline prices. In a Wall Street Journal Op-Ed, Newsom says “What people pay at the pump isn’t simple supply and demand but the result of a highly concentrated and opaque market.“ Here are the …
California’s housing market and economy is on the verge of collapse in 2024. With a huge surge in the number of people leasing the state and a rise in unemployment as a sign of things to come. California restaurants have cut 10,000 jobs. California thieves are stealing fire hydrants.
Condo owners in parts of California are slashing asking prices by as much as 40 percent for their properties listed for sale on Zillow, according to data available on the real estate marketplace app. As of Wednesday morning, there were a total of 8,476 condos listed for sale on Zillow across all of California. Of …
The cities that rounded out the top five include Newark, New Jersey (which previously held the dirtiest city title); San Bernardino, California; Detroit, Michigan; and Jersey City, New Jersey. Here’s the full top 20: Houston, Texas Newark, New Jersey San Bernardino, California Detroit, Michigan Jersey City, New Jersey Bakersfield, California San Antonio, Texas Fresno, California …
🚨Breaking News🚨 🇺🇸 California Wildfire Spreads, Forcing Evacuations in San Joaquin County. Footage Captures Devastating Impact as Evacuation Orders Extend from West of CA Aqueduct to Alameda and Stanislaus Counties." Tags: #CaliforniaWildfire #Evacuation #SanJoaquinCounty… pic.twitter.com/8t8ltm8y4k — World War 3 (@Worldwar_3_) June 2, 2024
It has begun folks. From now until Novemver will be utter chaos. Brace yourselves "We could've done a better job:" Atlanta Mayor Andre Dickens says city's communication during water main breaks hasn't been the best: https://t.co/wzs5pT7tb3 pic.twitter.com/Yl4Pmp6WrH — WSB-TV (@wsbtv) June 1, 2024 CalFire crews doing backburn work off I-580 in Tracy as they try …
The affluent Bay Area city of Atherton, California, which has seen a dramatic rise in home burglaries this year, is using a unique method to catch perpetrators. The Atherton Police Department recently turned about 50 homes into “bait houses,” where they’re embedding tracking devices into items of property they believe burglars will want to take. …
California’s gas tax will increase by 2 cents starting July 1, according to a recent notice by the California Department of Tax and Fee Administration. This comes as prices have already been on the rise. Sign up for our Newsletters California’s current gasoline tax is 57.9 cents a gallon. With the increase, it will rise …
California spent $11 billion of taxpayer money to build less than 1/3 of a mile of high speed rail that goes no where and nobody knows where all the money went pic.twitter.com/D7fCfnwyTw — Darth Powell (@VladTheInflator) May 26, 2024 Can you show me on the map all the completed lines? pic.twitter.com/8JM9m3ur2m — Darth Powell (@VladTheInflator) …
via MSN: California’s recent hike in the minimum wage to $20 an hour has sent shockwaves through the fast food industry, particularly affecting McDonald’s franchises. Franchise owners are grappling with the unprecedented impact of the wage increase, which has led to higher operational costs and increased menu prices. The situation has become so dire that …
In a bold move towards fiscal adaptation, California pioneers a controversial car tracking initiative to plug the budgetary holes left by waning gas tax revenues. As the state braces for an electric future, the debate over privacy versus necessity reaches a critical juncture. Key points: California pilots “road charge” to replace declining gas tax revenue. …
Cue Health has reached the end of the road. The San Diego-based medical tech company announced Monday that it’s laying off its entire staff. The company once had 1,500 workers, thriving during the COVID-19 pandemic with sales of its test devices to Google, the NBA and the Department of Defense. But with far less demand …
It takes a special kind of stupid to mandate electric vehicles that many people can’t afford, charged on a power grid that can’t support them. But beyond even that, it takes a special kind of magical thinking to mandate electric trains that haven’t been invented. Welcome to California, the land of magical thinking. By law, …
Last month, California made headlines by increasing the minimum wage for fast-food workers to $20, which many workers across the state were quite pleased about. Unfortunately, it seems like that’s not enough, as new reports suggest that some want to increase it to $30. Layoffs are also hitting many industries hard, and people are questioning …
Another earthquake swarm has been rumbling along the California-Mexico border. More than two dozen quakes greater than magnitude 2.5 have occurred since just after midnight Saturday, with epicenters about 175 miles southeast of downtown Los Angeles and 100 miles northeast of San Diego, according to the U.S. Geological Survey. They have occurred largely along farmland …
The Democrat-dominated California state legislature has once again rejected a proposal to create a single-payer health care system — socialized medicine, or so-called “Medicare for All” — due to the high cost amid budget deficits. The idea of a government-run, publicly-funded health care system has tempted left-wing Democrats for decades. In 2016 and 2020, it …
DOOCY: “Have you heard that VP Harris is telling friends that she may go back to California and run for governor if the election does not go her way?” KJP: “That is news to me.”pic.twitter.com/QeAnmLrDAE — Breaking911 (@Breaking911) May 16, 2024 Fox News' Peter Doocy asked the White House about Vice President Kamala Harris' plans …
A neighborhood in Long Beach, California has become the first and possibly not last to ban unsupervised Airbnb rentals over concerns about drug-filled parties plaguing homes. In April, College Estates resident Andy Oliver filed a petition to the city’s Community Development Department following months of out-of-state tourists renting out unhosted houses, taking advantage of the …
A California man ordered by his city to conceal the boat parked in his driveway with a fence hired his artist neighbor to paint a photo-realistic image of the vessel in an act of rebellious compliance. Etienne Constable said the boat he uses for fishing was regularly parked in his Seaside driveway for about four …
Ah, behold the majestic dance of bureaucracy! So, let me get this straight: Californians are supposed to rejoice because they might save a few pennies running their air conditioners or charging their electric cars, but in exchange, they’ll get slapped with a hefty fixed monthly charge? Talk about robbing Peter to pay Paul! Key Points: …
In the second least surprising news of the day…. Tech Jobs are leaving California – via Apollo (Torston Slok) pic.twitter.com/rsqKgpoYFX — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) May 9, 2024 https://www.youtube.com/watch?v=saWlRI10LiQ
The State of California is suing Rocklin Unified School District over its policy to notify parents when students request changes to their gender identity. Assemblymember Bill Aseley defends the district’s stance, emphasizing parental rights and the importance of fundamental rights. The policy, requiring parental notification for gender-related requests, faces opposition from California authorities, sparking debate …
California’s recent minimum wage hike, especially for restaurant workers, has sparked significant challenges for the industry. Restaurant owners, including those at popular chains like Chipotle and McDonald’s, are grappling with operational and financial adjustments to stay competitive while meeting increased labor costs. Who could have predicted that? It’s not like economists have been warning about …
California Governor Gavin Newsom recently found himself in a rather unexpected situation. Seeking public input on the design of a new California coin, he opened the floodgates to a deluge of ruthless and often scathing suggestions. https://www.msn.com/en-us/news/us/newsom-s-request-for-new-california-coin-ideas-sparks-public-response/ss-AA1nVY2C https://www.msn.com/en-us/news/us/newsom-gets-hilarious-reality-check-after-turning-to-public-for-new-state-coin-design/ar-AA1nPfNL View post on imgur.com View post on imgur.com View post on imgur.com View post on imgur.com View …