Thursday November 13, 2025

In today's episode, we cover LA's historic rent control reform, capping annual rent hikes at four percent and affecting 42 percent of households. The Los Angeles City Council's decision marks the first change in 40 years, aiming to curb excessive rent increases. In sports, the Lakers face a tough 121-92 loss to the Oklahoma City Thunder, with Luka Dončić leading with 19 points. Their next game is against the New Orleans Pelicans. Pasadena sues to block UCLA football's move from the Rose Bowl to SoFi Stadium, citing lease agreements. In business news, a Visa and Mastercard settlement may lead to tiered pricing at checkouts, affecting credit card fees. The decline of cable TV continues, with projections showing only 50 percent of U.S. households will have subscriptions by 2025. In tech news, Bitcoin drops 1 percent to $102,000, while Ethereum rises to $3,500 and XRP to $2.46. Lastly, Venice Beach sees clean waves at 2-3 feet, with the best surfing conditions early morning. Expect rain showers and cloudy skies with highs near 67 degrees.

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