California’s red hot housing market is showing some early signs of cooling. The reason for that is both good and bad news for would-be homebuyers.

Reporter: Erin Baldassari, KQED

In Los Angeles County, in the city of Inglewood, an elementary school is facing permanent closure this summer. Locals have started a petition to stop the closure, but the school district says low enrollment makes it too expensive to keep open.

Reporter: Megan Jamerson, KCRW

Officials from the Biden Administration are sounding the alarm about global shortages of semiconductor chips. They're urging Congress to fast track a bill with incentives for companies to expand domestic chip production in places like Silicon Valley.

Reporter: Scott Shafer, KQED

Almonds are harvested every year in August. But this year, many growers and processors in California are still holding onto last year’s product.

Reporter: Kerry Klein, Valley Public Radio

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