Wildfires expose California’s insurance crisis; Meta, Amazon ditch DEI; and IRS outlines tax season

Heritage economist E. J. Antoni analyzes December's employment report on “how to make money.'' Stocks plummet after better-than-expected jobs data, creating new headwinds for the Federal Reserve ・President-elect Trump harshly criticized President Biden in response to his aggressive moves toward energy drilling. -More Fortune 500 companies are eliminating DEI policies -California wildfires exposed major deficiencies […]

Newsom invites Trump to California amid wildfires response feud

California Governor Gavin Newsom (Democratic) on Friday invited President-elect Trump to California amid a war of words between the two leaders over wildfires in the Los Angeles area. “In the spirit of this great nation, we must not politicize a human tragedy or spread disinformation from the sidelines,” Newsom said in a letter to Trump. […]

‘Wildly Out Of Touch’: California GOP Torches Newsom For ‘Tone Deaf’ Session To ‘Trump-Proof’ State Amid Wildfires

As wildfires continue to ravage parts of Los Angeles, California Republicans are slamming California Governor Gavin Newsom for calling a special legislative session to “stop Trump” from the state's left-wing legislation. California lawmakers began a special session Thursday to provide the state Department of Justice with an additional $25 million to fund litigation against the […]

L.A. Wildfires Could Cost Up to $150 Billion, AccuWeather Warns

As the wildfires sweeping Southern California leave a trail of destruction, AccuWeather has raised its preliminary estimate of total damage and economic losses from $135 billion to $150 billion. The fire, caused by hurricane-force winds, destroyed homes, disrupted businesses and forced the evacuation of more than 100,000 people. “These fast-moving wind infernos created one of […]

Looters On Scooters Attempted To Ransack Evacuated LA Homes As Wildfires Raged, Resident Says

“100” thieves on scooters attempted to rob multiple homes evacuated during the wildfires sweeping Southern California, a woman told KTLA on Thursday. Alison Agusten, who lives in the Los Angeles area, said her neighbors witnessed the suspects trying to “break into every house” in the neighborhood. Democratic California Gov. Gavin Newsom tries to stop robbery […]