4+ day, 8+ hour ago   (317+ words) On August 27, it was reported that the City and LADWP had agreed to mediate, with talks expected to begin in early October. This is not an admission of liability, and the State has not joined the mediation. Plaintiffs also allege…...

1+ week, 8+ hour ago   (824+ words) The global bond sell-off was the big financial story of the past week. Sovereign yields surged across the major economies, with borrowing costs in several countries reaching levels not seen in decades. The yield on the Japanese 10-year government bond…...

2+ week, 8+ hour ago   (538+ words) Serving the Community Since 1928 Bessent faces a problem. Long-term interest rates remain stubbornly high, meaning higher mortgage rates for households, elevated borrowing costs for businesses and, importantly for the secretary, a rising interest bill on federal debt that crossed $40 trillion…...

3+ week, 33+ min ago   (537+ words) Serving the Community Since 1928 The Palisades Estates, a boutique real estate firm under the umbrella of The Beverly Hills Estates, celebrated the opening of a new office at 100 West Channel Road on August 15. At the helm of the company is…...

3+ week, 1+ hour ago   (634+ words) Serving the Community Since 1928 When the world’s largest bond market begins to rebel, even the United States Treasury has to take notice. The expanded program will cover securities in the 10- to-30 year maturity range. It is scheduled to begin September…...