who won the governor race in california The Winner Is Already Spending Your Money—Here’s How
In a political outcome that shocked no one, Governor Gavin Newsom has officially secured his re-election, meaning the same tax policies, gas price hikes, and housing mandates are here to stay. For your wallet, this means a continued stretch of high fuel costs (the California gas tax just went up again this summer) and fresh debates about new taxes on wealth and property. Consumer advocates warn that while Newsom promises relief, the state's pricey climate regulations and insurance crisis are hitting homeowners hard—expect your car and home insurance rates to keep climbing long after the campaign signs come down. Bottom line: if you're shopping for a new car or a place to rent, brace for another year of California's cost of living championship.