The price of gasoline is higher in California than it is in most other states, but it has still fallen sharply in recent years due to collapsing oil prices. A barrel of oil sold for $107 in June 2014, but that figure had plunged to just $26 by early 2016. While this...
Month: February 2017
Federal regulators might be tightening CRE lending
After the 2008 recession, the Federal Reserve started monitoring some of the nation's largest banks to ensure that they would have sufficient capital to withstand another similar financial downturn. One way that the central bank has done so is through an annual...
Federal Reserve concerned about CRE overheating
Luxury apartment buildings are springing up in California cities like Los Angeles, San Diego and San Francisco, and this has some real estate experts worried. Historically low interest rates have led to a flood of development, and selling high-priced apartments is...
Univision goes dark in Los Angeles and other markets
Ever since its 2016 acquisition of Time Warner Cable, Charter Communications has become the provider to hundreds of thousands of cable subscribers in Los Angeles. Many of them were likely displeased at the end of January to find that they were unable to access the...
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