S&P 500   4,140.08 (-0.12%)
DOW   32,832.12 (+0.09%)
QQQ   320.51 (-0.39%)
AAPL   165.02 (-0.20%)
MSFT   280.42 (-0.88%)
META   170.39 (+1.96%)
GOOGL   117.37 (-0.09%)
AMZN   139.17 (-1.16%)
TSLA   868.73 (+0.49%)
NVDA   177.24 (-6.66%)
NIO   20.23 (+0.05%)
BABA   90.70 (-2.01%)
AMD   99.98 (-2.28%)
MU   61.46 (-1.60%)
T   18.07 (-1.53%)
CGC   3.23 (+19.63%)
GE   75.23 (+1.17%)
F   15.85 (+3.59%)
DIS   109.11 (+2.33%)
AMC   23.90 (+7.75%)
PYPL   96.41 (+1.14%)
PFE   49.52 (+0.51%)
NFLX   234.01 (+3.19%)
S&P 500   4,140.08 (-0.12%)
DOW   32,832.12 (+0.09%)
QQQ   320.51 (-0.39%)
AAPL   165.02 (-0.20%)
MSFT   280.42 (-0.88%)
META   170.39 (+1.96%)
GOOGL   117.37 (-0.09%)
AMZN   139.17 (-1.16%)
TSLA   868.73 (+0.49%)
NVDA   177.24 (-6.66%)
NIO   20.23 (+0.05%)
BABA   90.70 (-2.01%)
AMD   99.98 (-2.28%)
MU   61.46 (-1.60%)
T   18.07 (-1.53%)
CGC   3.23 (+19.63%)
GE   75.23 (+1.17%)
F   15.85 (+3.59%)
DIS   109.11 (+2.33%)
AMC   23.90 (+7.75%)
PYPL   96.41 (+1.14%)
PFE   49.52 (+0.51%)
NFLX   234.01 (+3.19%)
S&P 500   4,140.08 (-0.12%)
DOW   32,832.12 (+0.09%)
QQQ   320.51 (-0.39%)
AAPL   165.02 (-0.20%)
MSFT   280.42 (-0.88%)
META   170.39 (+1.96%)
GOOGL   117.37 (-0.09%)
AMZN   139.17 (-1.16%)
TSLA   868.73 (+0.49%)
NVDA   177.24 (-6.66%)
NIO   20.23 (+0.05%)
BABA   90.70 (-2.01%)
AMD   99.98 (-2.28%)
MU   61.46 (-1.60%)
T   18.07 (-1.53%)
CGC   3.23 (+19.63%)
GE   75.23 (+1.17%)
F   15.85 (+3.59%)
DIS   109.11 (+2.33%)
AMC   23.90 (+7.75%)
PYPL   96.41 (+1.14%)
PFE   49.52 (+0.51%)
NFLX   234.01 (+3.19%)
S&P 500   4,140.08 (-0.12%)
DOW   32,832.12 (+0.09%)
QQQ   320.51 (-0.39%)
AAPL   165.02 (-0.20%)
MSFT   280.42 (-0.88%)
META   170.39 (+1.96%)
GOOGL   117.37 (-0.09%)
AMZN   139.17 (-1.16%)
TSLA   868.73 (+0.49%)
NVDA   177.24 (-6.66%)
NIO   20.23 (+0.05%)
BABA   90.70 (-2.01%)
AMD   99.98 (-2.28%)
MU   61.46 (-1.60%)
T   18.07 (-1.53%)
CGC   3.23 (+19.63%)
GE   75.23 (+1.17%)
F   15.85 (+3.59%)
DIS   109.11 (+2.33%)
AMC   23.90 (+7.75%)
PYPL   96.41 (+1.14%)
PFE   49.52 (+0.51%)
NFLX   234.01 (+3.19%)

California adds laws targeting ghost guns, sales to minors


Homemade rifles are displayed on a table at an ATF field office in Glendale, Calif., on Aug. 29, 2017. The California Assembly approved, on Monday June 27, 2022, Texas-style lawsuits over illegal guns, mimicking the Lone Star State's law aimed at deterring abortions and obliquely linking the two most controversial U.S. Supreme Court decisions from last week. (AP Photo/Jae C. Hong, File)

SACRAMENTO, Calif. (AP) — California, which already has some of the nation's toughest gun laws, has added new restrictions on untraceable “ghost guns” and on marketing firearms to minors, Gov. Gavin Newsom said Friday.

"As the Supreme Court rolls back important gun safety protections and states across the country treat gun violence as inevitable, California is doubling down on commonsense gun safety measures that save lives,” Newsom said in a statement announcing that he had signed the two bills a day earlier.

Ghost guns, the privately made weapons without serial numbers, are increasingly being tied to violent crimes. Their proliferation has prompted President Joe Biden's administration to come up with new regulations to crack down on them.

Under the new law, California now requires parts used to build firearms to have serial numbers, and gives Californians who have weapons without serial numbers until January 1, 2024, to register them and add the numbers.

Starting in January 2023, anyone convicted of manufacturing a firearm without a serial number, or aiding the manufacture of a firearm by a prohibited person, will be barred from possessing a firearm for 10 years.

“Ghost guns have wreaked havoc in communities all over the state and in particular have disproportionately affected the state’s Black and Brown residents,” said Kris Brown, president of Brady, a national gun control group.

But Sam Paredes, executive director of Gun Owners of California, said California lacks a clear definition of what constitutes a ghost gun kit. He predicted the new law will be overturned based on the tougher standard set last week by the U.S. Supreme Court in a landmark firearms ruling that said Americans have a right to carry firearms in public for self-defense.

Newsom also barred marketing firearms to minors, with a civil penalty of up to $25,000 for each violation. It allows people harmed by violations to sue for damages.


The governor, a Democrat, also released a video blaming U.S. Supreme Court justices and right-wing Republicans for allowing what he called the “disgusting marketing” of “weapons of war.”

“Guns are not toys — they are deadly weapons,” said Assemblymember Rebecca Bauer-Kahan, who sought the restriction.

But Paredes fears the law endangers youth camps that include target shooting or firearms courses. It violates free speech, he said, predicting it also will be overturned.

The laws, which take effect immediately, are among more than a dozen gun control bills that legislators sent to Newsom before they left Thursday for a monthlong summer recess.

10 Recession-Proof Stocks That Will Let You Wait Out the Bear

Whoever coined the expression that patience is a virtue probably never invested money in the equity markets. It can be excruciating to see a stock's price plummet. And that's particularly true when the stock was possibly at all-time highs just one year ago.

Here's the good news. In some cases, the reasons you liked the stock still exist. If that's true, then there's reason to believe that the stock price may recover.

The bad news is there's no way to know for sure when that will be. And anyone who says they do is not telling you the truth.

So what's an investor to do? We believe the answer is to be selective. And right now that means looking at best-in-class stocks that are built to ride out recessions.

In this special presentation, we'll give you seven stocks to consider as you look for safe stocks that give you an opportunity for growth and that pay a dividend for good measure. Here are the 7 recession-proof stocks that will let you wait out this bear market.

View the "10 Recession-Proof Stocks That Will Let You Wait Out the Bear".

Free Email Newsletter

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

Most Read This Week

Recent Articles

Search Headlines:

Latest PodcastFind Investing Opportunities For The Rest of 2022

Today, Kate’s guest is Rhys Williams, chief investment officer for the Opportunistic All Cap Equity, a long-short strategy at Spouting Rock Asset Management.

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.