Newsom opposition sinks billionaire tax odds for California 2026 ballot

The proposed wealth tax could drive billionaires to relocate or liquidate assets, impacting California's economy and crypto markets significantly. The post California wealth tax on billionaires heads to November ballot, and crypto portfolios are in the crosshairs appeared first on Crypto Briefing.

The wealth tax initiative could reshape California's fiscal landscape, intensifying debates on economic equity and influencing future tax policies. The post California billionaire wealth tax qualifies for November 2026 ballot appeared first on Crypto Briefing.

A federal judge has rebuffed Workday’s claim that it cannot be held liable under California anti-discrimination laws when its tools are used to screen (and potentially reject) job candidates in other states. This week, US District Judge Rita Lin indicated that she will likely allow additional state discrimination claims against Workday to move forward. This would significantly expand the closely-watched case and likely ratchet up scrutiny of AI recruiting tools and their potentially inherent biases when it comes to age, race, sex, disabilities, and other factors. Further, it could indicate that, even if a company is not the final employer, it may be held liable if its tools materially influence who gets rejected. This could set new legal standards for AI hiring systems, and have implications across industries, experts note. “This case reinforces the importance of actually managing AI risks,” said Valence Howden, advisory fellow at Info-Tech Research Group. “If an AI-enabled model or AT

A Mexican couple has admitted to fraudulently selling Southern California homes they did not own and laundering approximately $1 million in proceeds. According to the U.S. Attorney’s Office for the Southern District of California, Victor Hugo Villalobos Almazan and his wife, Nayeli Noemi Montoya Rodriguez, Mexican nationals who entered the U.S. on tourist visas, pleaded […] The post Husband-Wife Duo Admits To Orchestrating $1,000,000 Bank Fraud Home Theft Scheme in California appeared first on The Daily Hodl.

California's economic landscape may shift as corporate departures prompt potential tax policy changes, impacting business and investment climates. The post California faces billions in losses after Elon Musk’s departure appeared first on Crypto Briefing.

A California-based mortgage lender is urging its clients to take precautionary measures following a security incident involving the company. In a statement, Plaza Home Mortgage says that an unauthorized party managed to access an employee’s computer on or around February 17th, which allowed threat actors to get hold of the firm’s information systems. Plaza says […] The post 137,976 People Warned After Mortgage Lending Firm Breached – Personal and Financial Records at Risk appeared first on The Daily Hodl.

The charges highlight systemic risks in real estate lending, prompting scrutiny of mid-size banks' loan verification processes and collateral checks. The post California real estate investor charged with $100M fraud by US appeared first on Crypto Briefing.

California's World Cup hosting boosts crypto adoption, potentially increasing blockchain usage and market activity through FIFA partnerships. The post California becomes the epicenter of the 2026 FIFA World Cup, and crypto is coming along for the ride appeared first on Crypto Briefing.