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A report cited by Fox Business claims California has spent at least $11 billion on welfare benefits for immigrants living in the United States illegally. The figure has drawn wide attention, with critics of state immigration policy citing it as evidence of excessive spending, while supporters argue the programs cover basic services for long-standing residents.

California now produces so much solar power that large amounts go unused in the mid-afternoon, even as the grid can face shortages in the evening when the sun sets. A proposed fix is to give low-income consumers free electricity from 1 pm to 3 pm, soaking up the surplus and lowering bills. The debate highlights the mismatch between solar production peaks and evening demand, and the growing need for storage or demand-shifting policies.

Private-placement life insurance (PPLI) is being discussed as a niche wealth-management tool that lets policyholders channel excess premiums into alternative assets such as private equity, with investment gains shielded inside an insurance wrapper. Commentary highlights both the perks and the pitfalls, as the structure suits wealthy investors but raises questions about complexity, access and regulatory scrutiny.

Analysts say Bitcoin is testing a key supply cluster held by long-term holders as excess leverage continues to clear from the market. The price action near this zone is being watched closely, since heavy selling from long-term holders has historically marked turning points. Traders are assessing whether the market can absorb the supply or faces further downside pressure.