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High living costs solidify California’s two-tier economy
In summary Gov. Gavin Newsom’s crusade against the oil industry over gas prices missed the larger point that the cost of nearly everything in California is very high. Why California is what it is – a state with an immense economy but equally immense socioeconomic divisions – is the topic of perpetual academic, media and political debates. There is one factor, both a cause and an effect, that cannot be debated: California is an enormously expensive place in which to live and work. And if anything, the relatively high inflation that has plagued the national economy in recent years has exacerbated the angst that Californians were already feeling as they…
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Fox’s settlement with Dominion unlikely to cost it $787.5M
Fox Corp.’s $787.5 million settlement with Dominion Voting Methods above defamation costs is eye-popping, but the best charge to the media firm is likely to be significantly lessen. On Tuesday, Fox settled with Dominion around expenses that Fox News baselessly accused the firm of rigging its voting equipment towards previous President Donald Trump in 2020. It was the most-viewed media libel case in many years. Fox had about $4 billion of funds on hand as of December 2022, and MoffettNathanson analyst Robert Fishman expects the company to pay out the settlement during the present quarter. How substantially the lawsuit will truly close up costing Fox is unclear mainly because there…
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CarMax offers finance prequalifying online
Utilized-automobile retailer CarMax this yr began exhibiting buyers the amount of financing they qualify for in advance of they start off their online auto searching. The new characteristic implies purchasers making use of carmax.com and CarMax’s app will know inside of minutes their particular payment terms and yearly percentage fee for made use of automobiles in the company’s nationwide stock. This provides them an thought of what they can afford to pay for just before they begin searching, the Richmond, Va., retailer stated in a assertion. CarMax Finance and 3rd-social gathering loan providers will “produce a pre-qualification capability where shoppers get brief credit selections from many lenders on autos throughout…
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Deion Sanders’ debut with Colorado will boost Pac-12, just not enough to help ongoing media rights talks
Back in December during a conference in Las Vegas, Pac-12 commissioner George Kliavkoff was asked if the spectacular aura of Deion Sanders at Colorado would add value to the league’s media deal. CU’s new coach had been hired days before. “He absolutely adds value to the league,” Kliavkoff told reporters. While there may be added value when it comes to the perception of the league and the Buffaloes themselves, there’s not any actual monetary value being brought by Coach Prime. That’s the conclusion of several media rights consultants with whom CBS Sports spoke ahead of Sanders’ debut at Colorado in Saturday’s spring game, which has thankfully (and temporarily) overshadowed the…
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Housing prices take some buyers out of the market
A number of aspects engage in into the aim of restoring affordability. April 22, 2023 at 8:00 a.m. EDT Housing is having difficulties because most households simply are not able to find the money for to acquire a residence. (Efi Chalikopoulou for The Washington Article) Comment on this storyRemark There has been considerably discussion above no matter whether the economy will or will not undergo a recession this 12 months. There is no discussion that housing is in recession. House product sales, the design of single relatives houses, and household selling prices are slipping. Housing is having difficulties simply because most homes only are not able to pay for to…
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Elite Law Schools Boycotted the U.S. News Rankings. Now, They May Be Paying a Price.
It may well be a circumstance of be careful what you would like for. 7 months in the past, dozens of elite regulation colleges and professional medical colleges announced that they were being boycotting the U.S. Information & World Report rankings and refusing to give the publication any data. The rankings, they said, have been unreliable and skewed academic priorities. Last 7 days, U.S. Information previewed its initial rankings given that the boycott — for the leading dozen or so regulation and clinical colleges only — and now, it seems, many of these very same colleges treatment fairly a great deal about their portrayal in the publication’s pecking order. In…
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