California

California is a reserve. Its public pensions invest in companies that work with ICE

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California is a reserve. Its public pensions invest in companies that work with ICE

California’s two largest pension funds invested more than $2.7 billion with companies that contract with Immigration and Customs Enforcement or the Department of Homeland Security, a new analysis shows. CalPERS, a nationwide megafund for public employees, has invested about $1.6 billion in technology firm Palantir, weapons manufacturers General Dynamics and L3Harris, and telecommunications companies AT&T … Read more

Oil rises, stocks fall as Trump fails to ease fears about war economy – The Boston Globe

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Gasoline prices have topped $4 a gallon since the start of fighting in the Middle East.

Comments: Oil prices rose after Trump’s speech, with Brent rising to $110 a barrel after briefly falling to $99 on Wednesday on hopes that he will soon make a deal with Iran. Stocks fell overnight in Asia and Europe, and opened higher in early trading in New York on Thursday. Stocks later rallied and ended … Read more

Eric Swalwell is attacking retirement, delaying paying taxes while running for governor of California

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Eric Swalwell is attacking retirement, delaying paying taxes while running for governor of California

Eric Swalwell is dipping into his retirement savings and deferring his tax payments as he campaigns to become California’s next governor. The 45-year-old Democratic congressman, who polls 17 percent in a crowded field, has also contributed more than $200,000 in campaign cash to pay for childcare costs. Tax returns from 2021 to 2024 show Swalwell … Read more