California billionaire tax author admits wealth grab could go further

A key architect of California’s controversial billionaire tax acknowledged this week that the proposed one-time levy may end up becoming permanent. Economics professor Emmanuel Saez made the admission during a Tuesday debate against Arthur Laffer, the father of trickle-down economics, at the University of California, Berkeley. The billionaires tax — proposed by the Service Employees International Union–United Healthcare Workers West — would impose a one-time 5% levy on California residents with assets exceeding $1 billion. Supporters say the tax is needed to address healthcare funding gaps tied to cuts to Medicaid and other federal programs implemented last year. The proposal has yet…

MetLife Stadium gets key field facelift ahead of 2026 World Cup

Unlike the U.S men’s national team or any other of the 48 squads participating in the 2026 World Cup, the newly installed pitch at MetLife Stadium will not get any tune-up matches before the start of one of the globe’s biggest sporting events.  FIFA officials were on hand Thursday to…

Shake Shack shares shook by sales shock, sliding 30%

Shake Shake’s shares tumbled 30% on Thursday after it blamed disappointing financial results on bad weather, high beef prices and tourism declines. The Big Apple-based burger chain missed Wall Street’s estimates for sales and profits in the quarter ended April 1, losing $290,000 compared to last year when it posted…

Forget the naysayers — earnings surge means a ‘resilient’ Trump economy

Ken Griffin, the billionaire chief of the Citadel Investment empire, recently expressed his amazement at how President Donald Trump has had the fortitude to survive multiple assassination attempts while still bringing his A-game for the American people. “Resilient,” Griffin called him. You can say the same thing about the Trump…

Red Sox put Roman Anthony on injured list in latest crusher

The Red Sox will be without one of their young stars for the near future as their season continues to spiral. Boston placed outfielder Roman Anthony on the 10-day injured list for a sprained right wrist, the team announced Thursday. The 21-year-old injured his wrist in his first at-bat of…

Trade court rejects Trump’s 10% global tariffs in victory for small businesses

The US trade court on Thursday ruled against President Trump’s latest 10% global tariffs, finding across-the-board tariffs were not justified under a 1970s trade law. The US Court of International Trade ruled in favor of small businesses that challenged the tariffs, which took effect on Feb. 24. The ruling was 2-1, with one judge…

USC men’s basketball roster may be complete with addition of Isaac Bruns

A final piece appears to have been locked into place for the USC men’s basketball team. The commitment of transfer Isaac Bruns, a 6-foot-5 guard from South Dakota, may have completed the Trojans’ roster for next season. The Trojans have now received commitments from seven transfers who averaged a combined…

Bloodbath at Silicon Valley giant as CEO’s savage memo to staff emerges

Cloudflare is axing more than 1,100 employees in a worldwide bloodbath as the San Francisco tech giant dramatically restructures. Founders told staff that the company’s internal use of artificial intelligence has exploded more than 600% in just three months. The internet security and cloud networking firm revealed the massive cuts…

Knicks have to find what’s eluded them most in this booming era

PHILADELPHIA — At this point, it’s hard to remember just how thirsty we were as a basketball populace for so many years, just how starved. The Knicks lost 93-80 to the Pacers in Game 6 of the Eastern Conference finals on June 2, 2000. That year was the ninth consecutive…

Mini lake meets snowy rim of Canada’s oldest ice mass — Earth from space

QUICK FACTSWhere is it? Barnes Ice Cap, Baffin Island, Canada [69.8543969, -72.30088281]What’s in the photo? A lake bisecting the snowy rim of an ancient glacierWhich satellite took the photo? NASA’s Earth Observing-1 (EO-1) satelliteWhen was it taken? Sept. 4, 2010This striking satellite photo shows the point where a tiny lake…

Justin Wrobleski flirts with shutout as Dodgers mow down slumping Mets

Justin Wrobleski recorded only two strikeouts. He generated just four swings-and-misses. And yet, during the Dodgers’ series-opener against an ice-cold New York Mets lineup Monday night, the promising young left-hander almost flirted with a complete-game shutout:  Eight innings, no runs and only two hits allowed in a 4-0 win. “I…

Trump admin to break ground on NYC gas pipeline that riled green activists

The Trump administration will celebrate the groundbreaking of a controversial new natural gas pipeline in New York City on Tuesday — with the project set to run off the coast of the city to boost the region’s energy supply. President Trump strongly backs the Northeast Supply Enhancement pipeline and used…

Former Titans, Cardinals coach Dave McGinnis dead at 74

A former NFL coach passed away on Monday after being hospitalized since early March.  Dave McGinnis – affectionately known as “Coach Mac” – died at the age of 74 with his family by his side, the Titans announced.  McGinnis coached from 1986-2016, serving as a linebackers coach for the Bears,…

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