Finance

California’s poor face new dilemma: inflation

California has the nation’s highest poverty rate, COVID-19 has hit poor families the hardest and they must now contend with escalating inflation of living costs.

How Fed hikes could affect mortgages, car loans, card rates

Will mortgage rates go up? How about car loans? Credit cards? How about those nearly invisible rates on bank CDs — any chance of getting a few dollars more?

Americans are spending but inflation casts pall over economy

Americans are doing the main thing that drives the U.S. economy — spending — but accelerating inflation is casting a pall.

Theranos CEO wooed investors while lab director saw trouble

Fallen Silicon Valley star Elizabeth Holmes convinced media mogul Rupert Murdoch and other billionaires to invest in her biotechnology startup despite warnings its unconventional blood tests were dangerously unreliable, according to evidence presented Tuesday during her criminal trial.

Redistricting Process for County Supervisorial Districts Begins Tuesday

The Board of Supervisors Tuesday received initial testimony regarding the redrawing of supervisorial district boundaries in Riverside County, with speakers alternately seeking changes or signaling their satisfaction with the status quo, particularly in the Riverside metropolitan area.

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