Measure ULA Halts New Apartment Development in Los Angeles
A new apartment complex in Los Angeles is listed for over $5.3 million, influenced by the Measure ULA, often referred to as the “mansion tax,” which applies to all property types, including apartments. In 2022, Los Angeles voters approved Measure ULA, which they were told would generate funds for affordable housing by imposing taxes on […]
Senate rejects temporary funding measure, moving the U.S. closer to a potential government shutdown.
Senate Fails to Pass Spending Bill, Government Shutdown Looms On September 30, 2025, the Senate rejected a critical spending bill, falling short in a 55-45 vote, which now sets the stage for the first government shutdown in nearly seven years. The shutdown is anticipated to take effect late at night since the Democratic proposals did […]
Stock valuation measure surpasses 200%, exceeding the level he previously labeled as ‘playing with fire’
Buffett Indicator Hits Record High, Sparking Concerns Warren Buffett’s once-favored measure for stock market valuations has surged to an unprecedented high, reigniting worries that investors are pushing the boundaries of the market’s robustness. Known as the Buffett indicator, this metric compares the total value of publicly traded U.S. stocks—represented by the Wilshire 5000 Index—with the […]
Main Measure of Inflation Increased Nearly As Anticipated In August
Federal Reserve Metrics on Inflation The US Bureau of Economic Analysis (BEA) announced on Friday that inflation rose by 0.3% in August, up from July’s 0.2% increase. The Personal Consumption Expenditures (PCE) price index, which gauges the value of various goods and services, climbed 2.7% year-on-year last month. Meanwhile, the Core PCE, which omits food […]
Government shutdown threatens as Senate denies House-approved temporary funding measure
Senate Democrats Block Funding Bill Amid Government Shutdown Threat On Friday, Senate Democrats halted a bill that had been passed by the House to fund federal departments and agencies for seven weeks, setting the stage for a potential government shutdown on October 1. The Democrats nearly lined up against the measure, voting 44-48, with only […]
58 Democrats Oppose Measure to Celebrate Charlie Kirk’s Life
House Democrats Oppose Resolution Honoring Charlie Kirk On Friday, about sixty House Democrats voted against a resolution intended to honor Charlie Kirk, the founder of Turning Point USA. The measure passed with a vote of 310 to 58, introduced by House Speaker Mike Johnson and backed by 165 GOP representatives. Democrats, including Jasmine Crockett from […]
House Republicans approve temporary spending measure, preparing for a shutdown battle with the Senate.
On Friday, House Republicans passed a temporary government spending bill aimed at preventing shutdowns as the end of the month approaches. However, this decision is expected to lead to a confrontation with Senate Democrats, who have expressed intentions to block the legislation. The vote, which split largely along party lines, resulted in a narrow margin […]
Schwarzenegger calls on California voters to turn down redistricting ballot measure
Schwarzenegger Criticizes California’s Rezoning Efforts Arnold Schwarzenegger is voicing strong opposition to California’s current rezoning initiatives, suggesting that Democratic leaders shouldn’t adopt tactics similar to Trump’s to counter him. During a discussion at the University of Southern California, the former Republican governor expressed concern over attempts to dismantle an independent committee. He remarked, “Today they […]
197 Democrats oppose measure increasing penalties on undocumented immigrants
House Democrats Oppose New Immigration Penalty Bill Approximately 200 House Democrats voted against a newly proposed law imposing harsher penalties for illegal immigration. The legislation, known as the Stop Illegal Entry Act and spearheaded by Representative Stephanie Bice from Oklahoma, aims to increase penalties for individuals who unlawfully enter the United States and those who […]
House Republicans consider temporary measure to prevent shutdown until November
House GOP leaders are working to get a Stopgap Expense Bill approved to fund the government until November 20th, according to a source familiar with the situation. The specifics of the Continuous Resolution (CR) haven’t been revealed yet, but Republicans are suggesting it will be mostly “clean.” With a tight deadline looming, House leaders are […]