Fox & Hounds By: Michael Vallante This year, there is a reason to celebrate on April 17th: the simpler, fairer, tax system is making a real difference for families and businesses. As a result of the Tax Reform Act passed last year by Congress, Americans are more optimistic about the economy than they’ve been in […]

California has invested billions of public dollars over the past decade into studying stem cells and it has finally received its first royalty check for its investment. The City of Hope medical research center sent over $190,000 to the State Treasurer’s Office, which was received in December, related to research funded by the California Institute […]

Fox & Hounds By: Annette Levi and Serhat Asci While urban and rural California may be miles apart geographically and politically, they could not be more interdependent economically. That’s what we found with a recent research project that determined nearly $3-billion of Southern California’s urban economy is directly linked to the state’s strawberry farming operations. […]

According to the San Francisco Chronicle, California’s solar power industry has started to shrink after years of steady job growth. The Solar Foundation research group released their annual survey in late January and it found that the number of solar jobs in the state fell more than 13 percent in 2017. The reason for the […]

In January, the Treasury Department announced that the federal government is on track to borrow almost $1 trillion this fiscal year. That’s almost double what the government borrowed in fiscal year 2017. According to documents, the U.S. Treasury is expecting to borrow $955 billion this fiscal year, which is the highest amount of borrowing in […]

The state’s electric vehicle market did considerably well last year and will continue to grow this year. California is on pace to reach 1.5 million zero-emission vehicles by 2025, which is earlier than the target set by Gov. Jerry Brown. This is according to a report released last month by Next 10, a Silicon Valley-based […]

A surprising thing has been revealed by researchers regarding a trend in California migration. It turns out that the populations of inland counties are growing faster than that of urban coastal counties such as San Joaquin and Sacramento. Around 2014, Phuong Nguyen, who is a research specialist at the California Department of Finance, began noticing […]

CashCall, an Orange County personal loan lender, and its owner, J. Paul Reddam, were ordered to pay $10.3 million for violating consumer protection laws. However, the fine is only a fraction of the $287 million in penalties and restitution sought by the federal Consumer Financial Protection Bureau (CFPB). The CFPB sued CashCall in 2013 and […]

The housing industry is eagerly courting a group of consumers, aged 20 to 36, that real estate professionals call Hispennials, which is a mash-up of Hispanics and Millennials. Rick Arvielo, CEO of Tustin-based New American Funding, states, If you look at the Latino population, their demographic is younger and they are just starting to buy […]

The Wall Street Journal reports this morning that “California Municipalities’ Debt Disclosures Contrast With Climate Warnings.” As you probably know, at least seven local governments in California are suing the oil and gas industry in an effort to hold them financially responsible for rising sea levels; however, when they sold debt to investors in the form of bonds, […]