April 13, 2025

california

Funds

How have tariffs affected CALPERS, CALSTRS

Adam Ashton  |  CalMatters Hands Off protest against Trump, Musk in Palm Springs People gather at Palm Springs City Hall on Saturday, April 5, 2025, to protest the actions of the Trump administration, including Elon Musk’s role. This story was originally published by CalMatters. Sign up for their newsletters. The investment chief who’s responsible for the retirement plans

Read More
Crypto

Noah Urban of Palm Coast pleads guilty cryptocurrency theft

Noah Michael Urban, 20, faces decades in federal prison and has agreed to make restitution of more than $13 million. He has yet to be sentenced. A Palm Coast man who called himself “King Bob” has pleaded guilty to charges in Florida and California for his role in a cryptocurrency heist and hacking cases; he faces decades

Read More
Funds

Sheng Thao considered using Oakland’s funds to hire consultant her campaign owed

OAKLAND — Nearly six months after Sheng Thao took office, she still owed tens of thousands of dollars to the campaign manager who had helped deliver her a victory. Long-established state law prohibits politicians from using public funds to finance election campaigns, but in newly released records, Thao’s top staffer said her boss had considered

Read More
Finance

How to finance blacklisted Fannie Mae condos – Orange County Register

Fannie Mae tightened the screws on every condo association in America after the 2021 Chaplain Towers collapse in Surfside, Florida, where 98 lives were tragically lost. Financial and operational standards must be met, or the association is blacklisted. That’s budgeting, financial reserves, acceptable property maintenance and the like. In industry parlance, these blacklisted associations are

Read More
Loans

Is 725% interest on short-term loan from Clear Air Lending legal?

The father said he didn’t know the interest rate on the loan, other than it was absurdly high. When I looked up the online lender, an apparently legitimate business called Clear Air Lending, I was stunned to see it charges as much as 725 percent on its loans. That’s right, 725 percent. With excellent credit

Read More
Finance

Evan Low fined $106,000 for campaign finance violations including “intent to conceal” payment to Alec Baldwin – East Bay Times

California’s political watchdog organization is slapping former Assemblymember Evan Low with a $106,000 fine for 23 counts of violating state campaign finance laws — allegations that include using his tech nonprofit to pay actor Alec Baldwin more than $227,000 to appear at an event for the group and a fundraiser for Low, which investigators said

Read More
Finance

Evan Low fined $106,000 for campaign finance violations including “intent to conceal” payment to Alec Baldwin – The Mercury News

California’s political watchdog organization is slapping former Assemblymember Evan Low with a $106,000 fine for 23 counts of violating state campaign finance laws — allegations that include using his tech nonprofit to pay actor Alec Baldwin more than $227,000 to appear at an event for the group and a fundraiser for Low, which investigators said

Read More
Finance

Sausalito fires finance director, installs substitute

Sausalito has fired its finance director on the brink of budget drafting season, but it won’t say why. Chad Hess had held the position since July 18, 2023, after an interim period performing the job, according to the city. His most recent annual salary was $174,573. City Manager Chris Zapata said Hess’ dismissal is a

Read More
Funds

Immigration groups sue Trump administration over cuts to legal funds for unaccompanied minors – The Mercury News

Several nonprofit groups across the country are suing the U.S. Department of Health and Human Services in a bid to restore funding tied to providing legal representation for roughly 26,000 unaccompanied children in the United States, days after the Trump administration moved to cancel such contracts. The federal lawsuit announced Wednesday, March 26, was filed

Read More
Funds

Chevron funds to potentially pay off millions in Richmond pension debt – The Mercury News

In what officials say would be a financially responsible move, the city may use a portion of a $550 million payout from Chevron to settle some of its unfunded pension liabilities. An annual $50 million payment from the Chevron Richmond Refinery will flow into Richmond’s general fund for the next 10 years as part of

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline