Some of the state's wealthiest residents have warned that the proposed "billionaire tax" could prompt many to flee California ...

This year, those threats seem more real than ever.

The focus on the state’s richest residents comes amid a growing affordability crisis in California, home to the nation’s most ...

Governor Newsom announced a $419 million investment to reduce homelessness in California, following a 9% drop in the ...

The proposed measure is facing opposition from Gov. Gavin Newsom as some billionaires begin cutting ties with the state.

Billionaire Peter Thiel donated $3 million to a group that is opposing the proposed California billionaire tax ballot measure ...

As Peter Thiel and other fat cats threaten to flee California over a billionaire tax, Khanna is calling their bluff.

WASHINGTON (AP) — The State Department says it will suspend the processing of immigrant visas for citizens of 75 countries ...

The State Department says it will suspend the processing of immigrant visas for citizens of 75 countries whose nationals are ...

In California, a ballot initiative seeks a one-time 5% tax on residents with a net worth exceeding $1 billion. Many of the Golden State’s wealthiest people—notably, tech titans such as Peter Thiel and ...