The iconic Golden Gate Bridge and the stunning San Francisco skyline as seen from the Marin Headlands during the vibrant spring season. Dan Kurtzman | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive…
California Governor Gavin Newsom speaks during the Munich Security Conference (MSC) in Munich, Germany, February 13, 2026. Liesa Johannssen | Reuters Chances that a proposed billionaire tax will appear on California’s ballot dropped from 88% to 35.5% over the last week on prediction markets platform Kalshi. The plunge arrives on the heels of reports from…
Cars line up outside a food pantry in North Carolina, April 3, 2026. Lindsey Nicholson | UCG | Universal Images Group | Getty Images Consumers are facing price pressures as the costs of groceries and gas rise. The pace of inflation is expected to increase in the coming months, according to the Survey of Professional…
Cole Tomas Allen, the man arrested after allegedly charging a security checkpoint for the White House Correspondents’ Dinner, was criminally charged Monday with trying to assassinate President Donald Trump, who was in attendance at that event Saturday. Allen, 31, is also charged with transportation of a firearm or ammunition in interstate commerce, and discharge of…
O2o Creative | E+ | Getty Images Some state lawmakers want to ban a common practice among insurance companies that can drive up costs for consumers. Bills are pending in several state legislatures — including in Iowa , New York, Oklahoma and Pennsylvania — that would generally prohibit insurers from using consumers’ credit history to…
As a kid, I moved around a lot. I was born in California, but I’ve lived in Arizona, Colorado, North Carolina, Virginia, Montana and Oklahoma. I never had the chance to call anywhere “home” for too long. So if you’d told me back then that I’d end up in China, I would’ve laughed. I visited…
A yearslong legal brawl between Elon Musk, the world’s richest man, and OpenAI CEO Sam Altman heads to court in Northern California on Monday in a dramatic showdown between two of the most high-profile names in the tech industry. In his $134 billion lawsuit, Musk claimed that OpenAI, Altman and the company’s president, Greg Brockman,…
Lonna Drewes reacts during a press conference alleging U.S. Rep. Eric Swalwell (D-CA) sexually assaulted her alongside a photo of Drewes with Swalwell (R) on April 14, 2026 in Beverly Hills, California. Justin Sullivan | Getty Images A new accuser of Rep. Eric Swalwell on Tuesday tearfully said she believed the fallen Democratic lawmaker from…
Rep. Eric Swalwell (D-CA) Yuri Gripas | Reuters Rep. Eric Swalwell on Sunday evening said he was suspending his campaign for California governor on the heels of sexual misconduct allegations against the Democratic lawmaker. “To my family, staff, friends, and supporters, I am deeply sorry for mistakes in judgment I’ve made in my past,” Swalwell…
Sam Altman, CEO of OpenAI (L) and Elon Musk, CEO of Tesla. Reuters OpenAI on Monday sent a letter to the California and Delaware attorneys general, urging them to investigate “improper and anti-competitive behavior” by Elon Musk and his associates, as a high-profile trial nears between the two sides. In the letter, OpenAI strategy chief…
