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After years of huge deficits, the city’s latest financial forecast shows a budget surplus in the next fiscal year.
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Affordability concerns were top of mind for voters heading into the midterms, as tariffs and the war in Iran drove up prices, including food costs. Now, Americans are expecting relief from Washington.
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The U.S. job market improved last month, according to a report from the Labor Department Friday. Employers added more jobs than forecasters had expected and the unemployment rate dipped to 4.1%.
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Shares sank, with the tech-heavy Nasdaq dropping over 5%, as investors reacted with fear that a Democratic Congress — and states across the country -— would crack down on AI and data centers.
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A new report finds generational wealth is widening the divide between homebuyers and those priced out. The median age of first-time buyers also remains at a record high.
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Some Americans squeezed by high prices are relying more on their local libraries for things like books, streaming services and high-priced items like musical instruments and sewing machines.
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A new Democratic majority in Congress could pressure the president to end the war in Iran. But it will be harder for them to directly affect fuel prices, which are tied to a complex international oil market.
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Some of the state’s wealthiest residents have spent hundreds of millions to defeat Prop. 40, the “billionaire tax.” Supporters say billionaires should pay their “fair share” and help fund social services.
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Measure A will extend San Diego County supervisor term limits. It'll also create new budget analyst and program auditor positions, along with an ethics commission.
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North Korean hackers pulled off the biggest cyber heist ever by duping a Binance engineer into thinking he was being recruited for a job, the crypto exchange says.
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