[ad_1] By Christopher Rugaber, The Associated Press The Federal Reserve is leaving its benchmark interest rate alone and signaling that it expects to keep low rates unchanged through next year. The Fed’s decision follows three rate cuts earlier this year. It reflects its view that the U.S. economy has so far withstood the U.S.-China trade […]
[ad_1] The cost of renting in Los Angeles and Orange counties continued to rise at a 14-year high — increasing at a 5.7% annual rate in November vs. 5% a year earlier, according to a slice of the local Consumer Price Index. The last time this measurement by the U.S. Bureau of Labor Statistics showed […]
[ad_1] The Olson Co. will hold a ribbon-cutting Thursday, Dec. 12 for Oak Walk, a community of 50 townhomes in Los Alamitos. The development at 3311 Sausalito St. will include three-story townhomes ranging from 1,295 square feet with two bedrooms and 2 ½ baths, to 2,188 square feet with four bedrooms and 3 ½ baths. […]
[ad_1] Cities and counties in California are required to plan for adequate housing across income affordability levels. Most are doing so — but many fewer are meeting their goals to actually get those homes built. The Southern California News Group has graded every jurisdiction on the progress it’s making toward those state-mandated housing goals. Through […]
[ad_1] A 23-year push by surfers to remove the Long Beach breakwater and return waves to the area is evolving into something else altogether. Instead of removing any of the 2 1/2-mile offshore structure, an Army Corps Of Engineers study favors building new marine-life habitat — including kelp beds and rocky reefs — to restore […]
[ad_1] Chapman University economic forecast has a decidedly different warning for the California economy: There may be no housing shortage. The school’s semi-annual forecast actually has a relatively upbeat outlook for the state’s real estate market for 2020. After that, says Chapman economist Jim Doti, he sees a chance of “severe weakness” for the state’s […]
[ad_1] SAN DIEGO >> Mike Trout added an honor that didn’t even exist before. Trout was named on Tuesday to the All-MLB team, a new honor that recognizes players for their full-season performance, regardless of league. The honorees were selected by a panel of media members, broadcasters and former players, along with fan voting. Trout, […]
[ad_1] In the four years since I originally published my bucket list of the best fried chicken in Orange County, several of those restaurants closed while other strong contenders opened. So it’s time for an update. This rewrite begins with the same confession as before: I eat Kentucky Fried Chicken. A few readers took issue […]
[ad_1] Proposition 13, California’s iconic property tax limit, was overwhelmingly approved by California voters 41 years ago and for at least 40 of those years, efforts have been mounted to repeal or change it. Initially, it was attacked in the courts, but survived. Thereafter, pro-spending interest groups — public employee unions, particularly — floated various […]
[ad_1] LAGUNA NIGUEL — Babe Ruth has hit another one out of the ballpark. The bat used by the legendary baseball player to hit his 500th home run was auctioned on Saturday for more than $1 million. SCP Auctions didn’t identify the buyer. The auction was held in Laguna Niguel. Ruth hit his 500th homer […]
