Vanguard

Vanguard is drawing attention to what it calls a sobering gap in household finances: most people who stand to inherit from parents or relatives will also be connected to outstanding debts. The investment firm says heirs should plan for liabilities alongside expected assets, a warning that is prompting discussion about inheritance planning, estate debts and how families prepare financially for a transfer of wealth.

California Governor Gavin Newsom has signed a bill requiring that out-of-state military forces obtain authorization before operating in California. The measure, highlighted by the Davis Vanguard, is being read as a check on federal power, limiting the ability of other states' or federal-aligned forces to deploy within California without state approval. Supporters frame it as a defense of state sovereignty amid ongoing tensions over federal deployments; critics may see it as obstruction of federal authority.