General World News

Are Texas and Florida the new California and New York?

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Sunnier locales, lower taxes, and a more affordable cost of living. California’s tech elite and New York’s financiers are in pursuit of all three, and they’ve found that trifecta in Texas and Florida.

Out west, there’s a Silicon Valley exodus to Texas, headlined by Elon Musk’s and Oracle’s moves to the Lone Star State. And on the east coast, there’s the Wall Street exodus to Florida, marked by the relocation of Charles Schwab himself and reports of Goldman Sachs shifting some of its operations to the Sunshine State.

The pandemic-era rise of details ⇒

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