Economists warned a legislative commission studying reparations that paying Black residents for decades of disproportionate policing, incarceration, and housing discrimination could end up costing California more than $800 billion in state revenue.
Consumer Sentiment Rises but Misses Expectations
Consumer sentiment rose to 71.8 in November, marking the fourth monthly increase, but fell short of economists’ expectations (73.5) and the earlier 73.0 preliminary reading taken before the election. Wealth advisor Eddy Gifford joins Alicia Read more…