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Economic update for the week ending October 7, 2023
Oct 7, 2023 Job growth unexpectedly surged in September - The Department of Labor and Statistics reported that 336,000 new full-time jobs were added in September. That was almost double the 170,000 new jobs that economists expected. The unemployment rate...
Economic update for the week ending September 23, 2023
Sep 23, 2023 Stock markets - Stock markets dropped again this week and interest rates moved higher due to continued reports that indicate inflation may be picking back up. It has been a tenuous month. This month the CPI (Consumer Price Index), the broadest ...
Harvard-Westlake Eyes OK for Plan
Sep 11, 2023 Harvard-Westlake, a private preparatory school for grades 7-12 located in Studio City, is in the final stages of obtaining city approval for a controversial campus expansion proposal. The proposal, formally called Harvard-Westlake River Park...
Economic update for the week ending September 9, 2023
Sep 9, 2023 Stock markets closed the lower this week - Stocks lost ground based on fears that interest rates will remain high for a longer period than previously expected. This is due to another round of strong economic news. New data suggests there is ren...
Los Angeles Landlords Challenge Rent Freeze
Aug 30, 2023 Thousands of L.A. apartment owners say they’ve been hurt by the city’s rent freeze and will continue to suffer if it’s extended. The Apartment Association of Greater Los Angele is fighting back, and has filed a lawsuit against the city...
Economic update for the week ending August 26, 2023
Aug 26, 2023 Stock markets- Economic news this week focused around the Fed’s annual international symposium. Central banks from around the world as well as U.S. Fed Chairman Jerome Powell reiterated their intent to do whatever it takes to bring inflation ...