The measure, opposed by Gov. Gavin Newsom, is a proposed one-time tax of up to 5 percent on individuals with a net worth of more than $1 billion.
Notable moments from the past week in America.
‘Flows of oil and natural gas through the straits have already returned to normal,’ U.S. Energy Secretary Chris Wright says.
Booz Allen says several tested Chinese models generated more vulnerable code under U.S. government prompts and refused tasks involving Beijing-censored topics.
Border Patrol encountered 405,171 illegal immigrants at the border in fiscal year 2025 to date, compared with nearly 1.69 million in the same period 2024.
About 55 percent of 2026 graduates who participated in a paid internship received at least one job offer, compared with 44 percent overall.

An education in Latin and Greek led the Founders to read ancient works that promoted liberty and virtue—the groundwork for the great American republic.
November party berths on tap for governor, U.S. Senate, eight U.S. House seats, and dozens of state legislative posts.
Biden had sought to prevent the release of transcripts and recordings made while producing his 2017 memoir.
The president said one of the company’s competitors ’turned Anthropic in' and raised alarms over the new models.
U.S. Trade Representative Jamieson Greer said that Germany reducing its spending on pharmaceuticals ‘is a serious step backwards.’
Lawmakers worry that wearable technology, such as smartwatches, may contain China-made components that could send Americans’ health data to the CCP.
Air traffic control staffing shortages have prompted federal authorities to limit runway capacity at three major travel hubs.
Crowds lined Broadway for a view of the NBA champions amid a ticker-tape parade that the mayor said could be the city’s largest ever.
Moderna’s vaccine is the first influenza shot to contain messenger ribonucleic acid.
The court vacated a preliminary injunction that had been entered against the president and his administration.
A behavioral analyst underscored the state’s case against 29-year-old accused of sparking a blaze that led to one of the most destructive fires in U.S. history.
‘You don’t have any cameras that show ignition of when the Lachman Fire occurred, do you?’ the defense attorney asked.