Business

california wealth taxes

California billionaire tax could result in future revenue loss, study shows

Zach Halaschak · October 23, 2026 5:30 am

An ice cream vendor peers from his food truck where horse-drawn carriages wait for passengers at the entrance to Central Park, Wednesday, Oct. 14, 2026, in New York.

New York City votes to end century-old horse-drawn carriage industry

Elon Musk departs after a welcome ceremony

Elon Musk backs David Ellison’s Skydance with $1 billion investment: Report

Tesla and SpaceX CEO Elon Musk speaks at an event.

Musk explores merging SpaceX and Tesla, calling it a ‘good idea’

California wealth tax graphic.

If California wealth tax passes, other blue states may adopt similar measures

Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Thursday, Oct. 19, 2023, in New York.

Investors now expect Fed to raise rates faster than it has in a generation

Zach Halaschak March 22, 2022 7:06 pm

WATCH: Biden says ‘there’s going to be a new world order’ and US must take lead

Heather Hamilton March 22, 2022 1:35 pm

In this Feb. 24, 2022, photo, a woman leaves an exchange office with screen showing the currency exchange rates of U.S. Dollar and Euro to Russian Rubles in Moscow, Russia. The harsh sanctions imposed on Russia and the resulting crash of the ruble have the Kremlin scrambling to keep the country's economy running. For Russian President Vladimir Putin, that means finding workarounds to the economic blockade even as his forces continue to invade Ukraine.

Moscow stock exchange has limited reopening three weeks after Ukraine invasion

Zach Halaschak March 21, 2022 6:52 pm

Jerome Powell testifies during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington.

Powell says Fed will do whatever it takes to beat back inflation

Zach Halaschak March 21, 2022 5:29 pm

"For the warming over the last century, there is no convincing alternative explanation supported by the extent of the observational evidence," the fourth National Climate Assessment says. (AP Photo/David Goldman)

SEC proposes mandating climate disclosures from corporations

Zach Halaschak March 21, 2022 4:58 pm

Russian plan to nationalize Western business would doom foreign investment

Zach Halaschak March 21, 2022 9:30 am

This Friday, Jan. 17, 2014, photo, shows Starbucks mugs in a cafe in North Andover, Mass. Starbucks reports quarterly earnings on Thursday, Jan. 23, 2014. (AP Photo/Elise Amendola)

Starbucks to phase in reusable cup options by 2025

Jenny Goldsberry March 20, 2022 2:04 am

Burger King.

Burger King clashes with partner in Russia who won’t close 800 restaurants

Cami Mondeaux March 18, 2022 5:00 pm

FILE - In this Oct. 18, 2010 file photo, an Amazon.com package is prepared for shipment by a United Parcel Service (UPS) driver in Palo Alto, Calif. States could force Internet retailers to collect sales taxes under a bill that the Senate advanced on Wednesday. (AP Photo/Paul Sakuma, File)

Existing-home sales plunge 7.2% as mortgage rates rise

Zach Halaschak March 18, 2022 4:34 pm

(AP Photo/Mark Lennihan)

The IRS needs to do better for small businesses

tom-sullivan, curtis-dubay March 18, 2022 4:58 am

Biden’s executive order marks the government’s initial foray into cryptocurrency

Jessica Melugin March 18, 2022 3:00 am

FILE - In this Oct. 18, 2010 file photo, an Amazon.com package is prepared for shipment by a United Parcel Service (UPS) driver in Palo Alto, Calif. States could force Internet retailers to collect sales taxes under a bill that the Senate advanced on Wednesday. (AP Photo/Paul Sakuma, File)

Uber and Lyft drivers feeling the sting of higher gas prices

Zach Halaschak March 18, 2022 3:00 am