Monday, August 24, 2015 – 05:00 p.m.
The Lou Desmond and Company Show is broadcasting from the Toyota of San Bernardino Recording Studios!
On the show today, Estimable Economist Jay Prag joins the show to discuss the rollercoaster ride that the stock market has been. At one point today it was down over 1,000 points. What does he predict in the coming months?
After that, California Senate Democrats are proposing a 28% increase in California’s gas tax. What does that mean for consumers? Also, rebates for hybrid cars are going away for some. Why?
Finally, Uber is growing exceptionally fast. The company’s revenue has multiplied 38 times since it began four years ago. Can it beat the attacks? Many hope so; a public offering could be on the way.
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