California

HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC

HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC

Deal comes under pressure from Chinese shareholder Analysts hail ‘sense’ deal The bank could return the proceeds of the transaction to the shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its Canadian business to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion). dollars) in cash, thus paving the …

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Rent and house prices continue to fall nationwide.  Will the SLO County market follow?

Rent and house prices continue to fall nationwide. Will the SLO County market follow?

A 2022 filled with house price increases across California finally began to cool off as the seasons turned to fall, and October was no exception. Skyrocketing home and rent prices continued their slow decline in October across California, according to reports from the California Association of Realtors (CAR) and Rent.com. As housing affordability begins to …

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California is expected to have a $25 billion budget deficit

California is expected to have a $25 billion budget deficit

California will likely run a $25 billion budget deficit next year, state officials said Wednesday, ending a streak of historic surpluses and acting as a warning to other states of a possible recession. The deficit will likely lead to painful spending decisions in the nation’s most populous state. But that likely won’t affect the state’s …

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California expected to have $25 billion budget deficit: report

California expected to have $25 billion budget deficit: report

SACRAMENTO, Calif. (AP) — California will likely run a $25 billion budget deficit next year, state officials said Wednesday, ending a streak of historic surpluses and acting as a warning to others States of a possible recession. The deficit will likely lead to painful spending decisions in the nation’s most populous state. But that likely …

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California Residents Receive Another Round of Stimulus Payments

California residents receive another round of stimulus payments

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. After receiving Golden State Stimulus and Golden State Stimulus II payments last year, many California residents have recently received a new round of financial assistance from the state. Known as the Middle …

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Michael Jordan Partners with California Nonprofit to Help Black and Hispanic CMS Students Learn Personal Finance

Michael Jordan Partners with California Nonprofit to Help Black and Hispanic CMS Students Learn Personal Finance

Students will learn skills such as maintaining good credit, investing in the stock market, and financial preparation for life after high school. MECKLENBURG COUNTY, North Carolina — Charlotte-Mecklenburg Schools is receiving a grant to help teach more Black and Hispanic students about financial literacy. Michael Jordan has partnered with Next Gen Personal Finance, a California-based …

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