Archive for July 19th, 2013

The Sun (WashPost): Middle class left behind in U.S. economic recovery

Investments

By Jim Tankersley, The Washington Post
Posted: 07/19/2013 06:27:41 AM PDT

The economic recovery of summer 2013 is playing out in an all-too-familiar way for poor and middle-class Americans: Gas prices are up, growth is slowing and there still aren’t nearly enough new jobs to employ the almost 12 million people who are looking for work.

Read the rest of this entry »

DailyBulletin: Ontario making a case for LAX lawsuit

Ontario

By Liset Marquez, Staff Writer
liset.marquez@inlandnewspapers.com l @DBOntarioNow on Twitter
Posted: 07/18/2013 04:59:07 PM PDT
Updated: 07/18/2013 06:16:48 PM PDT

Special Section: ont

It was a move that may have left some perplexed — why would Ontario sue over a project involving an airport outside of San Bernardino County?

Read the rest of this entry »

money in hand

Jul 18, 2013, 1:00pm PDT
Christopher Arns
Staff Writer- Sacramento Business Journal

A grand jury is apparently investigating whether several “dark money” groups linked to billionaire conservatives David Koch and Charles Koch illegally funneled $11 million to defeat two California ballot measures in the 2012 general election. If verified, the case would be the largest incidence of campaign money laundering in the state’s history.

Read the rest of this entry »

Money

Capitol Alert
The latest on California politics and government
July 18, 2013

The erasure of California’s local redevelopment agencies and the redistribution of their revenues and assets resulted in nearly $4 billion in payments, according to a new report from the state Department of Finance.

Read the rest of this entry »

unemployment

California’s unemployment rate fell slightly in June to 8.5%, down from 8.6% the month before, the Bureau of Labor Statistics said Thursday.

By Ricardo Lopez
July 18, 2013, 12:59 p.m.

California employers added 30,200 jobs in June, and the unemployment rate fell slightly to 8.5%, down from 8.6% in May, the Bureau of Labor Statistics reported Thursday.

Read the rest of this entry »

By Alejandro Lazo
July 18, 2013, 2:55 p.m.

California’s hyperactive housing market appeared headed from statewide recovery to all-out exuberance last month as prices on closed sales climbed at a record pace.

Read the rest of this entry »