Does Garcetti want to stay in India? He may not.

September 7, 2024 8am PST Good morning and welcome to LA on the Record, City Hall's newsletter, helmed by Dakota Smith and David Zarnizer and assisted by Noah Bierman. Newsletter Get the inside scoop on LA politics Sign up for our LA City Hall newsletter and get weekly insights, scoops and analysis. Enter your Email […]

Would-Be Homeowners, Beware: Sky-High Prices Are Here To Stay

Americans looking to buy a home may have to wait, as home prices are expected to remain elevated until 2026 and beyond, according to a note released on Monday by Bank of America economists. High inflation under President Joe Biden and a housing shortage exacerbated by the COVID-19 pandemic have left homebuyers facing rising interest […]

Gas appliances here to stay: Alabama enacts new law to protect consumer choice

Alabama lawmakers and Governor Kay Ivey have taken a major step to protect the right of families and businesses to choose their own energy sources without being bound by federal mandates or burdensome local regulations. State Sen. Gerald Allen (R-Tuscaloosa) authored SB50, which would prohibit government agencies from enacting policies or taking actions that restrict […]

More Investors Bet Inflation Is Here To Stay Amid Disappointing Price Data

Tuesday's disappointing inflation report has more investors betting on a “no-landing” scenario in which economic growth continues at current levels, although inflation remains high, Reuters said. Nearly one in five fund managers surveyed by Bank of America predicted a “no-run” scenario as the most likely outcome for next year, and concerns about such a scenario […]