Daily Business Report: September 18, 2026
San Diego moves to require warning signs on cryptocurrency ATMs to prevent scams
By Times of San Diego Staff Reports | Times of San Diego
San Diego could become the first California city to require warning signs on or near cryptocurrency ATMs to prevent scams.
The proposal, from San Diego City Council President Joe LaCava, is intended to combat scams that allegedly focus on the machines and primarily target senior citizens.
In the schemes, the scammers persuade victims to deposit cash into cryptocurrency ATMs located in grocery stores, convenience stores and smoke shops. Once the money is transferred, authorities say it is difficult or impossible to recover.
Gavin Newsom Says Capitalism Isn’t Working’ – Because His Wealth Was Subsidized
by Katy Grimes | California Globe
Newsom says income inequality threatens American democracy, a SacBee.com headline reveals. California Governor Gavin Newsom has repeatedly said that “capitalism as we know it is not working.”
The statement is sophomoric, and for Gavin Newsom to claim this is half-witted. Newsom says capitalism isn’t working’ because his wealth was subsidized. He has never had to be a strict adherent to capitalism the way actual entrepreneurs and innovators are.
Ask any entrepreneur of a small, medium or large business what they think of capitalism. Ask immigrants new to the country, who were able to open a business, what they think of capitalism – especially if they came from a communist country, or one rooted in horrific corruption.
Adams Avenue Street Fair: Eight acts to try for adventurous and open-minded fans
by Mark Nero | Times of San Diego
Over the more than four decades that it’s been in existence, the Adams Avenue Street Fair has grown into of the biggest free music events in all of Southern California, and this year’s event is a perfect example of why.
Over the course of 20 hours stretched across two days beginning Saturday, 75 music acts are expected to play on six different stages, with artists in almost every genre represented including, but not limited to, country, Americana, rock, jazz, pop, hip-hop, dance, punk, R&B and even gospel.
But it’s not just all about music. The event also features carnival rides, beer gardens, circus performances and 300 exhibitors offering food and drink for purchase, as well as other items, like jewelry and clothing.
