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Business and civic leaders gather to discuss what's ahead for California's economy. Stocks slip from record highs as lawmakers lock horns over tax reform in Washington. One of Southern California's biggest trading partners, Canada, is anxious over the renegotiation of NAFTA. Business fallout continues following sexual harassment and assault claims sweeping Hollywood.
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Investors and consumers show enthusiasm for Apple's new $1000 iPhoneX. America's unemployment rate hits a 17-year low. Stocks wrap up the week at record highs. L.A. home prices hit new highs, while affordability hits a 10-year low. Tax reform plans expected to impact local real estate. An avalanche of sexual harassment claims in all industries following the Weinstein scandal.
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The U.S. Senate OK's a budget plan that lays the groundwork for tax cuts. The latest earnings news and readings on the economy set off a grand slam home run on Wall Street. The Dow soars to a record high above 23K. Expansion of the Metro Gold Line in the San Gabriel Valley continues. And L.A. based Coffee Bean and Tea Leaf perks up its expansion plans.
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The stock market's record shattering run continues. California challenges President Trump on cutting government insurance subsidies for Obamacare. State Insurance Commissioner Dave Jones talks about the impact this will have on Covered California. Damage assessment continues following catastrophic fire storms in the state especially impacting seniors and their caregivers.
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The stock market continues its record run up. The nation's unemployment rate hits the lowest since February 2001 but the economy sheds jobs last month for the first time in 7 years. The latest forecast for L.A.'s South Bay economy is released. New consumer trends in fashion, food and retail. Preparations continue for the legalization of recreational marijuana use in California.
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