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Is there such a thing as Financial Armageddon? And if so, what is it? We asked some of CNBC.com's bloggers and editors to answer the question: What's your definition of financial Armageddon?
Taxes are a necessary burden but in some states, they're becoming so financially unbearable, they're pushing some residents and companies out.
California’s tax collections grew at around half of what the state projected for 2010—indicating that the state’s fiscal situation may be even more dire than previously understood.
The March 2011 earthquake off the coast of Japan has rocked international markets as the world tries to gauge the reality of the human and economic devastation in the country.
Bargains are thinning out, but that hasn’t dampened the enthusiasm of real estate investors who target small apartment buildings, especially in the Sunbelt.
Residents need to be prepared for the strongest waves four to five hours after the first one hits, but there will be no "wave of water", one expert told CNBC.
California only has a short amount of time to fix its troubled economy, with a $24 billion dollar budget deficit, or else it will deteriorate to the point of no return and enter 'the black hole', Sean Egan, founding partner and president of Egan-Jones Rating company, told CNBC on Monday.
It's time to stop taking crude oil and other fossil fuels for granted and start seriously developing new energy sources while practicing energy conservation.
Vallejo, a city about 25 miles north of San Francisco, offers a sneak preview of what could be the latest version of economic disaster. The New York Times reports.
Hamstrung by shrinking budgets, the police say the volunteers are indispensable in dealing with low-level offenses and allow sworn officers to focus on more pressing crimes and more violent criminals. The New York Times reports.
As oil prices race toward $100 a barrel, the expectations that gasoline prices will catch fire are running high.
California Gov. Jerry Brown announced Wednesday he is dropping a plan to sell 24 state government buildings to private investors.
Gov. Jerry Brown is proposing to slash funding for most areas of state government and maintain a series of tax increases for five years to close California's huge budget deficit.
Although current law does not allow states to go bankrupt, some experts believe it should be permitted so the federal government can avoid bailing out states faced with massive budget shortfalls and the end of stimulus funds in 2011.
California is about to embark on its biggest infrastructure project in decades, a project that isn't fully funded, where predictions of profitability are being questioned, and which depends largely on the American taxpayer.
The unemployment rate rose in 21 states and Washington D.C. in November, up from the 14 states that showed increases the month before, according to government data released Friday.
In one of the strangest studies I've seen—and I've seen 'em all—Allstate Insurance says there are more car accidents on December 15 in California, the nation's car capital, than on any other day of the year.
Prices have been dropping nationwide over the past three to four years, with medical marijuana states like Oregon and Montana home to the lowest prices.
The legalization of medical marijuana in several states has paved the way for a budding edible medical marijuana industry. Small businesses in states such as Colorado and California are making treats such as candy, cookies or soda.
America may not make as many goods as it used to, but it's moving goods around at a pace not seen since before the recession.