Tag: economy

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Crypto meltdown is wake-up call for many, including Congress

Meltdowns in the cryptocurrency space are common, but the latest one really touched some nerves. Novice investors took to online forums to share tales of decimated fortunes and even suicidal despair. Experienced crypto supporters, including one prominent billionaire, were left feeling humbled.

Biden plots inflation fight with Fed chair as nation worries

Focused on relentlessly rising prices, President Joe Biden plotted inflation-fighting strategy Tuesday with the chairman of the Federal Reserve, with the fate of the economy and his own political prospects increasingly dependent on the actions of the government’s central bank.

Money wars

Independent expenditure committees funded by special interest groups are spending millions of dollars to make their picks in the California primary. In some races, they are clearly supporting or opposing candidates. In others, the strategy is more complicated.

WHY DO WE ALWAYS BLAME THE PRESIDENT?

As of May 17, 2022 the inflation rate in the United States is at 8%, England 6%, Algeria 9.6%, Angola 26%, Argentina 58%, Armenia 8.4%, Belgium 8.31%, Brazil 12.13%, Canada 7%, Chile 10.5% Colombia 9.23%, Cuba 23%, Denmark 6.7%, Czech-Republic 14%, Egypt 13%, India 8%, Lebanon 208%, Lithuania 17%, Mexico 8%, Peru 8%, Sri Lanka 30%, Syria 139% and Venezuela 222%.

Are California companies about to get more transparent?

California legislators are advancing two bills that would require companies to report more data about pay and internal practices. Business groups oppose the bills and say the data could be taken out of context.

Popular

Valley-Wide packet: Winchester Zone 33 parks tax up to $1,697 per SF unit; Annex 14 WQMP up to $175 — Sept. 21 agenda

The Sept. 21, 2026 Valley-Wide agenda packet lists a Winchester Zone 33 parks-tax maximum of $1,697 per single-family unit and an Annexation 14 WQMP maximum of $175. Landowner election results and final adoption are not confirmed in posted minutes.

Kohler booked on murder, hit-run death after Palm Avenue scooter crash

Mason Drew Kohler, 31, was booked on felony murder, hit-and-run death, and DUI charges, according to the Riverside County jail roster, which lists a Hemet PD arrest at Palm Avenue and Commonwealth Avenue. Hemet police say two pedestrians on an electric scooter were struck there about 6:55 a.m. Tuesday, Sept. 22; one was pronounced dead. Police have not named the driver, and the decedent's identity remains withheld.

Vote Yes on Proposition 45: A Vote for Jobs and Innovation

A yes vote on Proposition 45 is a vote for jobs and innovation.

San Jacinto Planning Commission recommends two annexations, including 151 homes south of Ramona Expressway

The San Jacinto Planning Commission voted 3-0 Tuesday to recommend two sphere-of-influence annexations to the City Council, including Tentative Tract Map 34271 for 151 single-family lots south of Ramona Expressway. Neither file is a completed annexation.

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