The case for California: why stories about the Golden State’s demise are overblown on.forbes.com/6016H7kbM
California, with the world’s fifth-largest economy, has topped the U.S. economy for growth in gross domestic product for each of the past 10 years – including the 2020 pandemic year, when California GDP growth contracted less than in the U.S. overall
While exits from San Francisco in the Q2 through Q4 of 2020 were 31% higher than during the same period in 2019, there was no pronounced change or evidence of a California exodus. More than three-quarters of San Franciscans who moved in 2020 stayed in the state
California’s entrepreneurial culture ensures that it leads all other U.S. states by a wide margin in total number of chief executive officers on.forbes.com/6016H7kbM
From artificial intelligence to software services and tech manufacturing, California is the unquestioned global leader in technological innovation on.forbes.com/6016H7kbM
Hollywood is only the start for the Golden State’s wide-ranging arts and entertainment industry. Entertainment and technology are converging in California to deliver streaming and music-sharing services in groundbreaking ways on.forbes.com/6016H7kbM
California exports more dairy products, fruits and nuts than any other state, and overwhelmingly leads in number of agricultural jobs on.forbes.com/6016H7kbM
California leads even energy hub Texas in total number of jobs related to energy, mining and construction. It also leads in clean tech, with the world’s largest renewable energy power plants and more venture capital investment in green energy than any other state
California is the number-one state for both manufacturing output and manufacturing jobs, with more than 35,000 such companies headquartered in the state. This spans industries from aerospace to electronics and zero-emission vehicles on.forbes.com/6016H7kbM
Here are the hard facts about why the Golden State will continue to reign supreme in technology, entertainment, agriculture and other vital industries: on.forbes.com/6016H7kbM
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Alex Rodriguez and Jennifer Lopez have officially called it quits, splitting up one of the world’s richest power-couples on.forbes.com/6011H2wZF by @WallStManeet
J. Lo is one of America’s wealthiest self-made women with a net worth of more than $150 million from her music, film and endorsements on.forbes.com/6011H2wZF
A-Rod one of the top earning athletes ever, has amassed a fortune of at least $400 million based on Forbes estimates on.forbes.com/6011H2wZF
Even with the return of the NHL and NBA in their “bubbles,” MLB’s shortened season and months of mostly fan-free NFL Sundays, the revenue losses for the NCAA and the four major U.S. sports leagues have now hit at least $14.1 billion so far, according to Forbes estimates
And that doesn’t include the hit to the players. Total earnings for the Forbes 100 Highest-Paid Athletes fell for the first time in four years in 2020
One year after the WHO declared the Covid-19 outbreak a global pandemic on March 11, the “new normal” is a reality that has affected nearly every aspect of our daily lives
Forbes profiled these leaders and pioneers over the course of this remarkable year. Below is a sample of those who reinvented the world when we needed it most
Average team values are up 4%, the smallest gain since 2010, but the NBA’s financial outlook is still bright with big market teams particularly attractive on.forbes.com/6019Hg3Eh
A dozen of the NBA’s 30 franchises are valued at $2 billion or more, with the six most valuable of them representing nearly two-thirds of the total franchise value gains over the past 12 months
The Chicago Bulls ranked No. 4 this year with a value of $3.3 billion
Trump Impeachment Trial Live Coverage: Senators arrive at the Capitol as the trial is set to begin on.forbes.com/6011H5IYJ
Impeachment managers say Trump's First Amendment argument would grant presidents broad impunity
More than 1 in 5 Senate Republicans voted against a trial organizing resolution that was agreed to by Senate Democratic and GOP leadership, as well as Trump’s impeachment legal team
Millennials were shunning plastic and supposedly wary of consumer debt. Affirm's Max Levchin saw a way to repackage buying now and paying later for younger folks—and it’s made him a billionaire
During the pandemic, consumers have been paying down their credit cards, with the total “revolving debt” outstanding falling 11% in 2020. Meanwhile, non-revolving consumer debt grew 4%