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Economics at ocregister.com

Thursday, Mar 28

23

‘MAGA has your back!’ John Eastman disbarment fires up rage in Trump devotees

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"I am so sorry for what this deplorable country of ours is trying to do to you Mr. Eastman." A contributor to a fund for John Eastman who uses the handle UltraMagaGirlGenX online.

15

When Newsom gives his State of the State, he should be candid about California’s economy

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The time for bragging has passed. The time for humility and candor has arrived.

Americans aren’t buying Biden’s spin on the economy

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The economy is growing, unemployment is low, wages are up, and inflation is down. However, the American people remain grumpy about the state of the economy. This puzzle was just investigated by four economists. They found that people often…

Home Depot makes $18 billion bet on contractors

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Home Depot is buying SRS Distribution, a materials provider for professional roofers, landscapers and pool contractors.

01

Judge: Former Chapman Law dean John Eastman, ex-Trump lawyer, should be disbarred in California

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Columnist Teri Sforza writes that the lawyer who advised the former president in his fight to overturn the 2020 election cannot practice during his appeal.

Wednesday, Mar 27

23

Why Trader Joe’s raised banana prices for the first time in decades

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"After holding our price for bananas at 19¢ each for more than two decades, we’ve now reached a point where this change is necessary,” a spokesperson for the chain said.

22

Bust or bottom: Gurus differ on commercial real estate outlook

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HSBC's Gerry Keefe has challenged short seller Carson Block's call that the commercial real estate market has much further to fall.

20

Hamburger Helper, kitchen mainstay since the ’70s, looks to stay relevant with help of innovation center

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Eagle Foods, a Cleveland-based company that purchased Hamburger Helper from General Mills in 2022, is refreshing the brand and opened a new innovation center near Chicago.

19

New Planned Parenthood leader says real issue is fairness, health equity

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As the abortion debate continues, the new president and CEO of Planned Parenthood North Central States believes the debate in modern America must focus on health equity.

18

Settlement reached in lawsuit between Disney and Florida Gov. Ron DeSantis’ allies

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The agreement suggests Disney and the new board will negotiate a new development agreement in the near future.

08

Climate pollution is falling in California, but it’s still too high. We need to do more, not less, to fix it.

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To hit these 2030 targets we must speed up the energy transition and make good on our promise to lead the globe into a safer, healthier era powered by clean energy. Our children will thank us.

07

California utilities use devious political marketing techniques to raise bills

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We look forward to discussing the most progressive ways to lower California's carbon footprint and, at the same time, lowering energy bills for California's working families.

01

Embattled LA developer accuses its financial chief of looting millions intended for homeless housing

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Shangri-La Industries, tasked with converting motels to public housing in San Bernardino, Redlands and Thousand Oaks, alleges its fired CFO used embezzled funds to live an opulent lifestyle.

Tuesday, Mar 26

00

Teamster drivers extend their labor strike to Amazon’s Industry warehouse

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The drivers work for Battle Tested Strategies, which hasn't delivered Amazon packages for nearly a year, according to an Amazon spokesperson.

Trump’s social media company gains in first day of trading

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The shares are trading under the ticker symbol “DJT.” Trump holds a nearly 60% ownership stake in the company.

21

Visa, Mastercard reach $30 billion swipe-fee deal with US retailers

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They agreed to cap credit-card swipe fees in a deal that US merchants say will save them at least $30 billion over five years.

McDonald’s to sell Krispy Kreme doughnuts across the US

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Krispy Kreme shares soared the most since July 2021 after McDonald’s Corp. agreed to bring the chain’s doughnuts to restaurants across the US.

Judge issues gag order in Trump’s hush-money trial

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The trial, involving allegations related to hush money paid during Trump's 2016 campaign to cover up marital infidelity claims, had been in limbo after his lawyers complained about a recent deluge of nearly 200,000 pages of evidence from a…

US new-home sales unexpectedly fell

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Purchases of new single-family homes decreased 0.3% to a 662,000 annual pace last month

19

Disneyland is now a historic theme park district: What’s that mean for future projects?

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The DisneylandForward proposal seeks to update a 1990s Anaheim city plan to allow for a mix of theme park, hotel, retail, dining and entertainment.

LA-Orange County, San Diego top US home-price gains

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Nationally, home-price growth accelerated at the fastest rate since 2022.

16

Newsom, legislators opt for gimmicks and wishful thinking to close California’s budget deficit

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Gov. Gavin Newsom and his fellow Democrats in the Legislature spent their way into a massive state budget deficit by assuming that a one-time surge in revenues would become a permanent cornucopia of money to expand medical and social…

14

Sold a home recently? Here’s what you’ll get from the $418 million Realtor settlement

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Here are four key takeaways from the National Association of Realtors pact ending price-fixing lawsuits.

03

OC Health Care Agency names new director, Dr. Veronica Kelley

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Dr. Kelley was promoted from her position as chair of the HCA's behavioral health department.

Monday, Mar 25

00

House GOP threatens to hold AG Garland in contempt over Biden case

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There are major differences between the two probes. Biden's team returned the documents after they were discovered, and the president cooperated with the investigation by voluntarily sitting for an interview and consenting to searches of…

19

Ron Paul: Congressional omnibus is like a bad Hollywood sequel

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Republicans capitulating to Democrat demands to “save us” from a government shutdown may temporarily keep the appearance that “this is fine,” but in the end they are making the coming crash all the worse.

Boeing CEO out in broad management shakeup

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Boeing CEO David Calhoun will step down from the embattled plane maker at the end of the year.

Court agrees to block collection of Trump’s civil fraud judgment if he puts up $175M

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In all, the order was a significant victory for the ex-president as he defends the real estate empire that vaulted him into public life.

17

Sold a home recently? Here’s what you’ll get from the $418 million Realtor settlement

www.ocregister.com

Here are four key takeaways from the National Association of Realtors pact ending price-fixing lawsuits.

16

113 years after Triangle Fire, worker revolt rises across US

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There were nearly 25 million work days on strike in 2023 in the US – a five-fold increase in a year.