In San Diego and San Jose, voters appeared to approve ballot measures designed to help balance ailing municipal budgets by cutting retirement benefits for city workers.
Officials in California fell victim to a mindset that says China is automatically cheaper, says one analyst. “We shot ourselves in the foot,” she says. “We never even took seriously the domestic bid.”
CNBC.com surveyed real estate agents in 18 U.S. cities to gain individual perspectives on the health of America’s local real estate markets. Check out the list!
Writers are known much more for their way with words than for their ability to put impressive roofs over their heads. Of course, there are many exceptions. Check out who they are!
Jack Ehnes, California State Teachers' Retirement Systems CEO, discusses his concerns about Facebook's small board's lack of diversity, and its dual-class stocks.
The "Squawk on the Street" team discusses Facebook's hackathon last night ahead of its IPO, with CNBC's Carl Quintanilla live from its headquarters in Menlo Park, California.
The "Squawk on the Street" team discusses the action surrounding Facebook's upcoming IPO this morning and takes a bird's eye view of the excitement at the company's headquarters in Menlo Park.
This gated community counts among its members bigwigs from Facebook, Apple, and Google. Will such upscale communities become standard for the titans of Silicon Valley?
Insight on California's $16 billion state budget deficit, with Lt. Gov. Gavin Newsom, host of "The Gavin Newsom Show," and Art Laffer, Laffer investments.
The "Power Lunch" team discusses some of today's major headlines, including whether California's $16 billion deficit is a bigger worry for the U.S. economy than the euro zone crisis, with CNBC's John Carney, Simon Hobbs, Tyler Mathisen and Sue Herera.
California's Governor Brown is pushing for a quarter percent sales tax hike and also an income tax hike for people making over $250,000. CNBC's Jane Wells reports.
The "Squawk Box" news team reports California is in a $16 billion budget hole, but the state could be helped by revenues generated from Facebook's stock options held by people living in California.
Many jobs that let reserved types work in solitude offer poor salaries and unchallenging work. But there are other careers that are stimulating, well-paying and require little human contact.