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Economics at ocregister.com

Today News

02

Skydance Media reaches preliminary agreement to merge with Paramount

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The Wall Street Journal reported on the agreement earlier Tuesday, saying the terms of the deal weren’t known.

01

Biden plans public events blitz as White House pushes back on pressure to leave race

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President Joe Biden will meet with congressional leaders and Democratic governors, sit for a network TV interview and hold a press conference in the coming days.

Tuesday, Jul 2

00

City of Orange approves local sales tax measure for November ballot

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The city will ask voters to approve a half-cent local sales tax to sunset after 10 years. It would bring sales tax paid in the city to 8.25%.

23

Stock prices slide for makers of Ozempic, Wegovy after Biden calls for cheaper obesity drugs

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The companies are charging “unconscionably high prices” that are above those paid in other countries, Biden said in an editorial with Vermont Sen. Bernie Sanders.

21

What to buy (and skip) on Amazon Prime Day 2024

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Amazon Prime Day is July 16-17. It’s like Black Friday, but in July and with less burden to buy for others.

The Supreme Court just limited federal power. Health care is feeling the shockwaves

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Health policy leaders say patients, providers, and health systems should brace for more uncertainty and less stability in the health care system.

Rudy Giuliani disbarred in NY as court finds he repeatedly lied about Trump’s 2020 election loss

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Giuliani’s attorney Arthur Aidala said they “put up a valiant effort” to prevent the disbarment but “saw the writing on the wall.”

20

Supreme Court immunity ruling opens door for new dismissal motion in Trump classified documents case, analysts say

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The nation’s top court has served up fresh grounds for the defense to seek a dismissal.

The US Supreme Court’s presidential immunity ruling, explained — and what it means for when Trump could stand trial

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The Supreme Court’s landmark ruling that former President Donald Trump is shielded from prosecution for some actions he took in his push to overturn the 2020 presidential election complicated the outlook for the remaining criminal cases…

18

Newsom is the last person America needs

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With President Joe Biden’s abysmal debate performance last week, many Democrats are hoping someone other than Biden can be the Democratic candidate for president in November.

04

Rental security deposits in California cut substantially under new law

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California joins 11 states that limit security deposits to only one month's rent.

03

State Farm seeks ‘massive’ insurance rate hike for California homeowners

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It says the rate hike is necessary to shore up its finances after billions of dollars in losses caused by wildfires and other weather events.

02

Biden campaign reset after disastrous debate: Portray Trump as threat, show president back at work

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On Monday night, Biden will speak on the Supreme Court's decision to grant broad immunity to Trump and other presidents from prosecution,

Additional $5 million in state funding earmarked for veteran cemetery in Orange County

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The first phase of the project is expected to cost about $126 million. So far, officials have raised $50 million.

Monday, Jul 1

23

Is it safe to give an app my credit card information?

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No apps are foolproof, so there’s always a risk in using them, even if that risk is minimal. Keeping an eye out for security pitfalls can help minimize your risk.

22

Half of local US labor markets won’t meet future workforce needs

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Local labor markets face a future shortage of workers who have middle-skills credentials.

The Democratic Party needs to wake up before November

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If we lose in November it won’t be because Trump was a better candidate or ran a better campaign.

20

Southern California Democrats condemn Supreme Court’s historic Trump immunity decision

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One local House Democrat said the "court can no longer be counted on to defend the constitution."

17

Supreme Court: Presidents have immunity for official acts, not for unofficial ones

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Justices extended the delay in the criminal case against Donald Trump on charges he plotted to overturn his 2020 presidential election loss.

16

Supreme Court strikes down administrative state tyranny

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The U.S. Supreme Court took an important step in defense of both democracy and freedom on Friday when it overruled a 1984 case called Chevron v. NRDC.

Sunday, Jun 30

17

Susan Shelley: Why didn’t SCOTUS defend our free speech rights?

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The Supreme Court’s decision in Murthy v. Missouri, the important First Amendment case about government censorship of Americans’ speech on social media, is puzzling.

Is any top-ranking California Democrat actually concerned with governing California?

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Why would Democratic leadership in Sacramento insert provisions into their own bills to repeal themselves if a similar ballot measure passed?

Saturday, Jun 29

19

Orange County restaurants shut down by health inspectors (June 20-27)

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There were 11 restaurants and food establishments ordered closed by Orange County inspectors from June 20 to June 27.

16

Some homebuyers are beating high interest rates with 1980s-era assumable mortgages

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An estimated one-third of all mortgages in the U.S. are assumable now.

13

How viral TikTok recipes are changing how you cook

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With a few swipes, you can get a new recipe that has been vetted by millions on TikTok. This platform has replaced a traditional cookbook, making it easy for you to find your new favorite dish through short videos.

Medicaid for millions in America hinges on Deloitte-run systems plagued by errors

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Deloitte dominates this important slice of government business: Twenty-five states have awarded it eligibility systems contracts — with 53 million Medicaid enrollees in those states as of April 1, 2023.

03

SoCal Jan. 6 rioters charged with obstruction hopeful under U.S. Supreme Court ruling

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More than a dozen people with ties to Southern California have been convicted for their roles in the Capitol siege, including some on obstruction charges.

Friday, Jun 28

00

Gov. Gavin Newsom keeps promoting President Biden, but it’s his future that takes center stage

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California's governor stays loyal as a surrogate for the president, but experts see that he continues to position himself in the national spotlight.

22

1st Biden-Trump debate of 2024: What they got wrong, and right

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Our PolitiFact partners fact-checked the debate in real time as Biden and Trump clashed on the economy, immigration, and abortion, and revisited discussion of their ages.