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News & Articles By Arsenio Toledo
04/19/2023
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By Arsenio Toledo
Rise of remote work and decline of commuters contributing to San Francisco’s “urban doom loop”
San Francisco is in an “urban doom loop” caused by the disappearance of thousands of workers from the city due to remote work or work from home arrangements, and this death spiral will continue to make the city fall into economic and social ruin. Experts have noted how a massive assortment of problems has come […]
04/17/2023
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By Arsenio Toledo
Dem senator introduces bill that will allow California’s worst criminals to be released after serving 20 years in prison
A bill introduced in the California State Legislature would allow the state’s worst criminals – those sentenced to death or life without parole – to walk out of prison if they have already served 20 years. The bill, Senate Bill 94, was authored by Democratic Sen. Dave Cortese, who is known for writing a prior bill […]
03/14/2023
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By Arsenio Toledo
Bank collapse contagion? Customers line up to take their money out of First Republic Bank
Customers of First Republic Bank in Southern California are lining up outside bank branches, eager to withdraw their funds in the wake of the collapse of Silicon Valley Bank (SVB). SVB’s collapse has raised fears that First Republic could suffer a similar bank run that could lead to its own demise. Analysts have even pointed […]
02/03/2023
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By Arsenio Toledo
More people are rapidly leaving crime-ridden, high-cost cities like New York, San Francisco and Chicago
Many Americans are leaving crime-ridden, high-cost and unstable cities like New York and Chicago for low-tax, more affordable states like Florida and Texas. Despite the calls of many employers for their workers to begin returning to the office, people still aren’t moving to big city centers like they used to. In fact, in many major cities […]
01/11/2023
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By Arsenio Toledo
Natural gas prices in Southern California SURGED 128% since December
Natural gas prices in Southern California have risen by 128 percent from December to January, natural gas supplier SoCalGas announced. SoCalGas’s announcement was published right before the New Year to warn customers in Southern California, including the Los Angeles metro area, that the surge in prices will go into effect on Jan. 1. (Related: Operators say […]
12/12/2022
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By Arsenio Toledo
Severe water shortages loom as American government fails to invest in water infrastructure
The United States’ water shortage situation is critical. More states could experience more severe water shortages in the future if droughts persist and if the government fails to invest in water infrastructure. During an appearance on the show “Liberty and Finance,” investment guru and financial expert Rick Rule discussed how this situation will only get […]
10/19/2022
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By Arsenio Toledo
Los Angeles desperately trying to meet water demand as drought continues to threaten future supplies
The city of Los Angeles is pushing for water independence as severe drought continues to wreak havoc throughout California. However, many projects to expand the city’s ability to capture, store and recycle water remain unfinished, with target dates for some major projects set as far as 2050. “It’s as low as I can remember it,” said […]
10/04/2022
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By Arsenio Toledo
Gas prices in Los Angeles County hits new record high of $6.466 – nearly double the national average
Gas prices in Los Angeles County hit a record high of $6.466 per gallon on the morning of Monday, Oct. 3. That price topped the previous record high of $6.462 per gallon set on June 14. The average price in the country is 62.6 cents more than a week ago, $1.202 higher than a month ago […]
09/01/2022
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By Arsenio Toledo
EV NIGHTMARE: California grid operator asks electric car owners to avoid charging their vehicles
As the current heatwave strains California’s already fragile power grid due to high temperatures and rising demand, the state’s utility grid operator is asking residents to avoid charging their electric vehicles. This announcement comes just one week after the state announced a ban on the sale of gas-powered cars by 2035. The California Independent System […]
07/26/2022
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By Arsenio Toledo
California regulator to investigate crypto companies for not disclosing risks of crypto lending activities
The California Department of Financial Protection and Innovation (DFPI) has warned consumers to “exercise extreme caution” when dealing with interest-bearing cryptocurrency accounts as it begins an investigation into whether big players in this part of the crypto industry have broken the law. Without naming which companies, the DFPI stated that multiple businesses engaged in providing interest-bearing […]
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