By Laura Davison | Bloomberg Two House Democrats have a new plan to provide a more generous state and local tax deduction, the latest in a string of such proposals that have largely been stymied along with the rest of President Joe Biden’s economic agenda. The latest state and local tax, or SALT, deduction bill,…
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In Shakespeare’s “Hamlet,” Polonius utters the following famous words: “To thine own self be true.” In today’s millennial-dominated workplace, that philosophy could benefit both workers and employers, a recent study led by assistant professor of marketing, Mahdi Ebrahimi, concludes. Ebrahimi, who joined CSUF’s College of Business and Economics five years ago and teaches consumer behavior…
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Latest news on Ukraine
By ROB HARRIS UEFA will no longer host the Champions League final in St. Petersburg after Russia launched a wide-ranging attack on Ukraine on Thursday, the Associated Press has learned. An extraordinary meeting of the UEFA executive committee will be held on Friday to discuss the geopolitical crisis and when officials are set to confirm…
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In California government, bad ideas are like nightmares. They keep coming back, even though they can’t survive the light of day. One such idea is the “wealth tax,” a failed proposal that seeks to “reduce wealth inequality” by taking an annual bite out of the assets of people who are “obscenely ultra rich,” in…
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By JIM HEINTZ KYIV, Ukraine (AP) — The missile fragment pierced the ceiling of Mikhail Shcherbakov’s apartment in Kharkiv, Ukraine’s second-largest city. A Russian attack, after weeks of rhetoric and warning signs, had hit home. “I heard noise and woke up. I realized it sounded like artillery,” Shcherbakov said. He jumped from the couch and…
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“Payment Pain” deals with the harsh reality of Southern California homebuying finances — it’s really about the size of the monthly check to the lender, not the sales price. Buzz: A Californian is 35% less likely to qualify to buy a starter home than a typical U.S. first-time house hunter. Source: My trusty spreadsheet looked…
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Sales of new U.S. homes retreated in January after a flurry of purchases at the end of 2021, indicating a jump in mortgage rates may be starting to restrain demand. Purchases of new single-family homes decreased 4.5% to a 801,000 annualized pace following a revised 839,000 in December, government data showed Thursday. The median estimate…
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A plan to expand good conduct credit rules that could speed up release of some California inmates has become a hotly debated topic in the last few months leading to a contentious back and forth between judges. In December, a judge placed a temporary hold on the California Department of Corrections and Rehabilitation plan to…
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By PAUL WISEMAN WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Thursday in a slight upgrade from its earlier estimate as businesses stepped up their restocking of supplies. For all of 2021, the nation’s gross domestic product — its total…
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