inflation – Page 3 – California Globe

Looming Spending Cap Threatens Health-Care Availability

May 31, 2024 3:25 pmMay 31, 2024 3:25 pm

Having caused homeowner insurers to flee the state, it looks like the California Legislature is about to repeat its mistake, this time with health insurers. California is poised to cap health care spending. A 3.5% spending cap starts next year...

LA-Based 99 Cents Only Stores Announce All 371 Stores Nationwide Will Be Closed Down

April 5, 2024 12:05 pmApril 5, 2024 12:05 pm

City of Commerce-Based 99 Cent Only Stores announced on Thursday that the company will be shut down, with store closures and complete liquidation occurring at all 371 locations across California, Arizona, Nevada, and Texas. Founded in Los Angeles in 1982...

Biden’s Continued Cyber Failings Only Getting Worse in 2024

March 16, 2024 10:30 amMarch 16, 2024 10:31 am

Joe Biden’s presidency has hit new lows in 2024. Despite what many media outlets and talking heads on the left wanted to portray as an “energetic” and “fiery” State of the Union address last week, most Americans were not impressed...

Gov. Doth Protest: Gavin Newsom’s Tedious Denials About Presidential Campaign

February 27, 2024 1:05 pmFebruary 28, 2024 4:16 pm

Gavin Newsom’s denials about running for President are tedious. In fact, “The Gov. doth protest too much, methinks,” to borrow from Shakespeare. On Meet The Press Sunday, California Gov. Gavin Newsom unconvincingly bloviated about Joe Biden’s record, saying Biden’s presidency...

Rethinking Tax Policies: The Impact on L.A.’s Real Estate and Financial Sectors

February 15, 2024 2:57 pmFebruary 15, 2024 2:57 pm

In Los Angeles, a city sprawling over 500 square miles and home to 3.85 million people, things are not easy for businesses. Recent events like rising interest rates, growing costs from inflation, and a slowing economy have put the local...

Sacramento City Manager Pushed for $20K Raise Before Delivering Bad News: $50 Million Budget Black Hole

January 25, 2024 10:40 amJanuary 26, 2024 6:36 am

The City of Sacramento is facing a budget deficit of more than $50 million this year – up from a $24 billion deficit last year – resulting in a hiring freeze, and a travel and office supply freeze, City Manager...

Ringside: Eliminating Water Scarcity

December 20, 2023 10:38 pmDecember 20, 2023 10:38 pm

After the deluge that inundated California during our most recent water season, there is no chance Californians will confront a water supply crisis this year. Water levels, as reported by the California Data Exchange Center, are above the historical average for...