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Top News & Analysis California

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  • High court begins new term with human rights case Monday, 1 Oct 2012 | 12:09 AM ET

    WASHINGTON-- The Supreme Court opened its new term Monday with a high-stakes dispute between businesses and human rights groups over accountability for foreign atrocities.

  • Obsession Homes Friday, 28 Sep 2012 | 4:21 PM ET
    Location: Falmouth, Upper Cape Cod, Mass. Price: $2.995 millionBedrooms: 5Bathrooms: 4 full, 1 halfSquare footage: 3,934The original Grey Gardens [pictured at center], a shingle-style home in East Hampton, on Long Island, N.Y., was the home of Jacqueline Kennedy Onasis’s aunt Edith Bouvier Beale and her daughter “Little Edie.” The house first drew notoriety with the 1975 documentary of the same name, which revealed that the two ladies were living in squalor in the once-grand home. With new owner

    For a special few, a house is a blank canvas on which to paint their personality, a stage for their creativity including tributes to television shows, movies, superheroes and sports.

  • States With the Most Federal Funding Friday, 28 Sep 2012 | 11:18 AM ET
    Federal spending per capita: $30,318Total federal spending: $577.80 billionNumber of state residents: 19.1 millionThe state of Florida was the recipient of the most federal spending in the nation, both in total and on a per capita basis. It’s similar to second-place Louisiana in that one of the 10 prime awards it received went to the Department of Health and Human Services, and all the others went to the Department of Homeland Security.Other than the Harris Corporation, a telecommunications comp

    Using data from USASpending.gov,an OMB website, CNBC.com presents the 10 states that received the most federal dollars per capita in fiscal year 2011.

  • Stockton, California

    Gov. Jerry Brown of California announced when he came into office last year that he had found an alarming $28 billion “wall of debt” looming over the state, which had to be dismantled. Since then, he has slowed the issuance of municipal bonds, called for spending cuts and tried to persuade the state’s famously antitax voters to approve a tax increase this fall the New York Times reports.

  • The California Man Behind the Anti-Islam Film Thursday, 13 Sep 2012 | 8:50 AM ET
    An Egyptian protester runs toward riot police holding a live tear gas canister during clashes near the United States Embassy and Cairo's Tahrir Square on September 13, 2012.

    The search for those behind the provocative, anti-Muslim film implicated in violent protests in Egypt and Libya led to a California Coptic Christian convicted of financial crimes who acknowledged his role in managing and providing logistics for the production.

  • A Job Opening in California—Chief Economist Tuesday, 11 Sep 2012 | 3:55 PM ET
    Golden Gate Bridge

    California continues to have the third highest unemployment rate in the nation, at 10.7 percent. But there is one job opening, and it's paying six figures—chief economist.

  • According to the most recent annual report from the USDA, it now costs $234,900 to provide a child with 17 years of food, shelter, and other necessities. For 2011, that broke down to an annual cost for two-parent, middle-income families of $12,290 to $14,320 –depending on the child’s age. The USDA has a “Cost of Raising a Child”  on their website, which shows that the category taking up the largest chunk out of parental pockets is housing. The second- largest expense category is childcare. Those

    According to the most recent annual report from the USDA, it now costs $234,900 to provide a child with 17 years of food, shelter, and other necessities. Click to learn more.

  • Ten Unique Multimillion Dollar Homes Tuesday, 21 Aug 2012 | 5:18 PM ET
    The specialty features of luxury homes are pretty commonplace: wine cellar, home gym, swimming pool, and perhaps an equestrian stable.  Yet for some of the most exclusive addresses, there are distinctive features that set them apart from the rest. TopTenRealEstateDeals.com reached out to their network of real estate professionals throughout the country to find some of the most compelling homes on the market listed for upwards of a million dollars— in many of the following cases,  north of a mill

    For some of the most exclusive addresses, there are distinctive features that set them apart from the rest. Check out this list of multimillion dollar homes with big surprises, courtesy of TopTenRealEstateDeals.com.

  • Migrant workers weed lettuce seed plants at an organic produce farm near Fresno, California.

    There's a different sort of drought plaguing California, the nation's largest farm state. It's $38 billion agricultural sector is facing a scarcity of labor.

  • Journalist Fareed Zakaria attends the TIME 100 Gala, TIME'S 100 Most Influential People In The World at Frederick P. Rose Hall, Jazz at Lincoln Center on April 26, 2011 in New York City.

    When Lynda and Stewart Resnick, the Beverly Hills entrepreneurs who founded POM Wonderful, wanted to host a dinner at their Aspen home in 2006 to talk about the Iraq war, they assembled a list of 22 A-list guests, including Queen Noor of Jordan, George Soros, the financier, and Senator Dianne Feinstein, Democrat of California. Leading the list of journalists was one of their favorite guests: Fareed Zakaria, the Indian-born Harvard Ph.D and foreign-policy specialist who had turned himself into an unlikely media star, the New York Times reports.

  • need_job_200.jpg

    While the July unemployment figure rose a tenth of a point from June to 8.3 percent, the government says 44 states saw their rates increase.

  • Long-Term Jobless Regroup to Fight the Odds Friday, 17 Aug 2012 | 10:16 AM ET
    Job seeker Julia Gilgurd, center, waits in line to enter a Choice Career Fair in New York, U.S., on Wednesday, July 18, 2012.

    They were once advertising executives, engineers, social workers, teachers and purchasing managers. Now they come week after week, dressed for the office, carrying binders full of résumés and leads for potential jobs.

  • Cities With the Most Affordable Homes Tuesday, 14 Aug 2012 | 4:58 PM ET
    Home prices are strengthening and affordability of houses is slightly lower, according to new data from the second quarter of 2012. The National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) found that 92 percent of metropolitan areas had a rise in median home prices over the first quarter of 2012. Some homebuyers might not welcome this news, but for the home seller, it’s “another signal that the housing recovery is starting to take root,” said NAHB Chairman Barry Rute

    Check out the major metropolitan housing markets with the most affordable homes for sale, counting down to number one.

  • Is Cold Fusion Finally Being Accepted by Scientists? Friday, 10 Aug 2012 | 5:59 PM ET
    The coal fueled Fiddlers Ferry power station emits vapour into the night sky on November 16, 2009 in Warrington, United Kingdom.

    The promise of discovering a clean, green, safe, and (due to the fact that it is fueled by the most abundant metal and gas on the planet, nickel and hydrogen) cheap renewable energy source is causing many investors and scientists to overcome their previous reluctance and enter the field.

  • What the Wealthy Are Driving Friday, 10 Aug 2012 | 4:02 PM ET
    Some wealthy people flaunt their status with shows of conspicuous consumption, while others prefer to stay low-key. These preferences extend to their major purchases, from the type of houses they buy, the type of clothes that they wear and type of cars that they drive. an automotive information website headquartered in Santa Monica, Calif., conducted a study of the most popular vehicles in the  as determined by the I.R.S. These included some of the usual places that one might expect, such as Low

    TrueCar.com, an automotive information website, conducted a study of the most popular vehicles in the most affluent zip codes. Check out what they found.

  • School Bonds Could Trigger Fiscal Shock Thursday, 9 Aug 2012 | 8:11 PM ET
    San Diego

    A decade ago, San Diego county in California was at the cutting edge of some dangerous financial games.The FT reports.

  • San Bernardino: Broke, Yes, but One Sector's Booming Wednesday, 1 Aug 2012 | 4:28 PM ET
    San Bernadino California

    California's Inland Empire has suffered some of the harshest effects of the economic downturn. But one area of real estate here is hotter than the August heat.

  • 10 White Collar Fugitives Wanted by the FBI Tuesday, 31 Jul 2012 | 9:33 AM ET
    The Federal Bureau of Investigation’s has included some of the world’s most notorious criminals, including Osama Bin Laden, Ted Bundy, and Warren Jeffs — totaling 497 since its creation in 1950. Of these fugitives, 466 have been apprehended or located, according to the FBI. Of these, 154 arrests have been assisted by the public through methods such as the information posted on the website and disseminated “wanted” posters. With the success of the “Most Wanted” list, the bureau began putting phot

    Who are some of these white collar fugitives and what did they do to attract the FBI’s attention? Find out.

  • The Case for China's Canadian Oil Grab Monday, 30 Jul 2012 | 4:18 PM ET
    oil_barrels_money.jpg

    China’s $15.1 billion bid to acquire Canada’s Nexen oil company threatens to turn China into an owner rather just a major buyer of Canadian oil, and prompts a surge in nationalist rhetoric that is attempting, misguidedly, to bring up the question of sovereignty.

  • 10 Female Fugitives Wanted by the FBI Monday, 30 Jul 2012 | 10:21 AM ET
    The FBI’s most wanted list is exclusively male, and the vast majority of the other fugitives on its website are also men. Women fugitives do appear on the agency’s website, mostly in parental kidnapping cases, but also in murder, domestic terrorism, white collar crime and violent crime cases. Bounties for women fugitives range up to $1 million. Read on to learn what some of these women did … and see if any of them look familiar.

    Bounties for women fugitives range up to $1 million. Read on to learn what some of these women did…and see if any of them look familiar.