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The X Games brought $2 million worth of economic impact in 2019 to Minneapolis. Ventura expects an even bigger impact. (courtesy photo) Summer is a time of great expectations for the tri-counties. As people look to venture out and do things near the beach, near the mountains and anything else in between, the Central Coast
City National Rochdale writes that there is a “high probability” that the Fed may be done with interest rate hikes for the current business cycle. It tells investors that the central bank “is in a ‘fine-tuning’ phase of monetary policy, and policy changes will be dependent upon incoming data.” That’s a contrast to recent behavior
By Staff Report High-end apartments have proven to be more resilient and resistant to economic pressures than houses and other types of apartments this year, according to a report from Institutional Property Advisors. Housing prices and mortgage rates have continued to go up, leading to demand for high-end apartments to increase. Vacancy rates at Class
The Trade Desk headquarters in downtown Ventura (file photo) Ventura-based The Trade Desk beat Wall Street’s expectations for its second-quarter performance thanks to boosts in revenue from the rise of connected TV and the increased use of retail data. That has not helped the company’s stock, however, which has dipped more than 10% since announcing
The building that includes The Palms restaurant in Carpinteria sold earlier this year. (courtesy photo) By Staff Report Sales in the South Coast have been hampered due to higher interest rates, the Hayes Commercial Group’s midyear 2023 report found. The report, published on Aug. 4, found that commercial dollar volume sales, excluding hotels, were down