The recent budget agreement between California Gov. Gavin Newsom and lawmakers has been praised as a step towards long-term fiscal stability. The deal involves cutting $16 billion and declaring a statewide fiscal emergency in order to tap into reserves. This move is aimed at closing multi-year deficits and maintaining a fiscal structure that balances the
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In the wake of the recent election and as the national debt continues to rise, lawmakers and lobbyists are reevaluating their stances on key legislative accomplishments, particularly those of the Trump administration. The expiration of provisions from the Tax Cuts and Jobs Act (TCJA) has brought about discussions on the need for bipartisan compromise and
The box office has been missing a significant piece lately – family films. While there have been a few kid-friendly hits that have helped boost ticket sales, many family features either debuted on streaming platforms or were released so far apart from each other that any momentum in ticket sales quickly dissipated. However, in recent
The recent debut of “Inside Out 2” by Disney and Pixar has brought a much-needed injection of joy to the box office, with an estimated $155 million in domestic earnings. This impressive number marks the second-highest theatrical opening for an animated film, following closely behind Warner Bros.’ “Barbie”. Notably, Disney does not classify its 2019
The recent acquisition of Alamo Drafthouse by Sony Pictures marks a significant shift in the movie theater industry. The Paramount Consent Decrees, which were enacted in 1948, played a crucial role in shaping the landscape of film distribution and exhibition for over 70 years. These decrees required major studios to divest their cinemas, leading to
Paramount Global’s current leadership, consisting of CBS CEO George Cheeks, Paramount Media Networks CEO Chris McCarthy, and Paramount Pictures CEO Brian Robbins, recently unveiled a plan at the company’s annual shareholder meeting. This plan outlines strategic priorities, which include exploring joint venture opportunities in the streaming industry with other media companies, cutting costs by $500
The blockchain gaming industry is taking a major leap forward with the launch of the $AFK token presale, marking the first GameFi and GambleFi project on the TON blockchain. This unique venture combines meme culture with social gaming and gambling, catering to the growing community of crypto-savvy meme enthusiasts. Participants in the presale have the
In 2019, Adam Moelis embarked on a mission to revolutionize the way Americans save money through his fintech startup, Yotta. However, what started as a noble endeavor soon turned into a nightmare for thousands of customers who found themselves unable to access their funds due to a dispute between Yotta’s banking partners, Synapse and Evolve
The Washington, D.C., City Council is proposing the elimination of the tax exemption on interest on out-of-state municipal bonds. This measure is intended to raise revenue, but it is facing opposition from Mayor Muriel Bowser. The mayor has made it clear that she does not support additional tax hikes beyond what was proposed in her
A recent tax measure proposed to provide funding for the San Francisco Bay Area Rapid Transit system faces strong local opposition that could derail its progress before it even reaches the ballot in 2026. Senate Bill 1031, introduced by Sen. Scott Wiener and Sen. Aisha Wahab, passed the California Senate by a vote of 26-10