Los Angeles County marked its eighth year in row of tourism growth last year and hosted an estimated 50 million visitors. The county set a tourism record, which was a 3.1 percent improvement of 2017’s visitors (48.5 million). The growth came thanks to a slight increase in international tourists. According to tourism officials, the number […]

In August, Best Buy acquired GreatCall for $800 million in cash in an effort to sell more health and wellness products. GreatCall is a San Diego based company that provides mobile phone and connected health services to seniors. This is the second time in the last 14 months that GreatCall has changed ownership. Best Buy […]

According to the first annual New American Economy Cities index for integrating immigrant communities, the immigrant community in Fresno is paying around $1 billion in annual taxes and contributing over $3 billion annually to the local economy. Fresno ranked 35th out of 100 large U.S. cities in the study. According to the index, the numbers […]

Last month, the Los Angeles Area Chamber of Commerce named its first female chief executive officer and president in the organization’s 130 year history. Maria Salinas, a financial consultant, will replace longtime CEO & President Gary L. Toebben. Salinas, 52, will take over as head of the chamber in August. In a statement, Chairman of […]

Chipotle has decided to move its headquarters from its longtime hometown of Denver to Southern California. The announcement came last month and it will end the restaurant chain’s 25 year tenure of having its headquarters in Colorado. The new home for Chipotle will be in Newport Beach, which is near fast-food chains Del Taco, In-N-Out […]

According to KPCC, California’s top region for job growth is not in the Silicon Valley, where new tech jobs are getting all the attention, it’s the Inland Empire. According to Inland Empire economist John Husing’s annual economic forecast for 2018, jobs in San Bernardino and Riverside counties grew by 3.5 percent during 2017. This increase […]

Fox & Hounds By: Michael Vallante This year, there is a reason to celebrate on April 17th: the simpler, fairer, tax system is making a real difference for families and businesses. As a result of the Tax Reform Act passed last year by Congress, Americans are more optimistic about the economy than they’ve been in […]

Fox & Hounds By: Annette Levi and Serhat Asci While urban and rural California may be miles apart geographically and politically, they could not be more interdependent economically. That’s what we found with a recent research project that determined nearly $3-billion of Southern California’s urban economy is directly linked to the state’s strawberry farming operations. […]

The housing industry is eagerly courting a group of consumers, aged 20 to 36, that real estate professionals call Hispennials, which is a mash-up of Hispanics and Millennials. Rick Arvielo, CEO of Tustin-based New American Funding, states, If you look at the Latino population, their demographic is younger and they are just starting to buy […]

The Wall Street Journal reports this morning that “California Municipalities’ Debt Disclosures Contrast With Climate Warnings.” As you probably know, at least seven local governments in California are suing the oil and gas industry in an effort to hold them financially responsible for rising sea levels; however, when they sold debt to investors in the form of bonds, […]