California's billionaire tax explained

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See the list of California's 200-plus billionaires who could be hit by the proposed wealth tax
California has over 200 billionaires that could be hit by a proposed wealth tax. Several have recently moved assets out of the state.

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California governor proposes $200 million in new state EV tax rebates
The Signal Chat Where Silicon Valley Is Plotting Against California’s Billionaire Tax

California, budget shortfall

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Newsom unveils $349B California budget, smaller deficit forecast
Newsom’s $349B budget projects a $2.9B deficit boosts education and braces for future shortfalls amid federal funding cuts.

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NBC Los Angeles on MSN · 1d
$3B deficit, less money from federal govt: What we know about California's 2026 budget
AI windfall helps California narrow projected $3-billion budget deficit

Santa Ana winds continue to batter Southern California

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Santa Ana winds continue through the weekend, bringing warmer Southern California temperatures
Downtown Los Angeles and the LA Basin are expected to experience only light winds on Saturday. "It's going to be dry and sunny for wind-free areas, like the LA Basin," CBS LA Meteorologist Alex Biston said.

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Powerful Santa Ana winds return to Southern California, prompting warnings
Strong Santa Ana winds whip throughout Southern California

California homeowners battle an 'insurance crisis'

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California Homeowners Unaffected by Wildfires Could Get New Insurance Bill
Changes in California's Fair Access to Insurance Requirements (FAIR) plan could mean higher expenses for homeowners after fires.

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California homeowners battle an 'insurance crisis' as wildfires burn out of control
L.A. wildfires leave lasting impact on California’s insurance market

Why is it so cold? What to know about the 'Extreme Cold' in California

Some Californians are experiencing an unusual feeling, cold. Why is it so cold and what is the coldest the state has ever ...

Donald Trump Issues Ultimatum To California Amid Major Fraud Probe

California’s child care programs won’t be able to access federal funding until they can prove they’re not committing fraud.

California is completely free of drought for the first time in 25 years

Following winter storms that lashed California with rain and snow in recent weeks, the state is completely free of drought ...

$8 Billion Bill? No Problem: Why Nvidia’s Jensen Huang Isn’t Losing Sleep Over California’s New Tax

California just dropped a bombshell that has billionaires scrambling… except one. A proposed ballot measure could hit the ...

California no longer in drought, but Fresno, Valley farmers still praying for snow, rain

“As we’ve seen in past years, California can go quickly from wet to dry conditions, and we are expecting dry conditions to ...

California wildfire victims tell David Muir about struggle to rebuild a year after blaze

ABC News' David Muir returned to California to speak with the families who are still picking up the pieces from last year's ...

550-pound bear finally evicted from California home after bizarre strategy ends monthlong ordeal

A massive black bear caused thousands in damage while living beneath a California home for weeks before wildlife specialists ...

Commentary: California made them rich. Now billionaires flee when the state asks for a little something back.

This story originally appeared in Los Angeles Times. Commentary: California made them rich. Now billionaires flee when the ...