November 19, 2024
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Updated: Feds take swift action to avoid financial crisis

By   /  Sunday, March 12th, 2023  /  Banking & Finance, Economy, Latest news, Top Stories, Top Story  /  Comments Off on Updated: Feds take swift action to avoid financial crisis

Update: This article was updated on March 13 to include stock prices of banks both inside and outside the region as well as include an exclusive interview with American Riviera Bank President Jeff Devine. This article was updated again on March 14 to update stock prices. Regional bank stocks were headed into recovery mode on Read More →

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Bank CEO, economist see little impact from SVB failure

By   /  Friday, March 10th, 2023  /  Banking & Finance, Banking Industry, Economy, Latest news, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Bank CEO, economist see little impact from SVB failure

The chair of the region’s biggest bank a leading economist responded quickly to the biggest bank failure since the financial crisis with reassurances that Silicon Valley Bank is unlikely to have broad impacts. Based in Santa Clara, Silicon Valley Bank had its doors closed and its deposits seized by the Federal Deposit Insurance Corp., the Read More →

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CRE: Ventura County deal bundles cemetery and Daily mansion

By   /  Friday, March 10th, 2023  /  Economy, Latest news, Real Estate, Subscriber content  /  Comments Off on CRE: Ventura County deal bundles cemetery and Daily mansion

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Nominated films generate jobs for Ventura County

By   /  Tuesday, March 7th, 2023  /  East Ventura County, Economy, Latest news, left, Regions, Subscriber content, Tourism  /  Comments Off on Nominated films generate jobs for Ventura County

In a likely first, three of the nominated movies at this year’s Academy Awards March 12 were partially shot in Ventura County, helping generate revenue and create jobs around the area. “It’s probably the first time three-Oscar nominated films have been filmed here in Ventura County,” film historian Harry Medved, who lives in unincorporated Oak Read More →

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Simi Valley attracts corporate HQs

By   /  Friday, March 3rd, 2023  /  East Ventura County, Economy, Latest news, Regions, Subscriber content, Top Stories, Top Story  /  Comments Off on Simi Valley attracts corporate HQs

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Real estate outlook down from 2022, but still strong

By   /  Friday, March 3rd, 2023  /  Economy, Latest news, Real Estate, Tri-County Economy  /  Comments Off on Real estate outlook down from 2022, but still strong

Miserabilism, a synonym for gloomy, is the word for what mindset other economists have been peddling in recent months. But Christopher Thornberg, the founder of Beacon Economics, would disagree. He said that the real reason society has fallen into an emotional economic slump is that narrative and reality no longer agree with each other. On Read More →

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CRE: Thousand Oaks’ affordable housing project update

By   /  Friday, March 3rd, 2023  /  Economy, Latest news, Real Estate, Subscriber content  /  Comments Off on CRE: Thousand Oaks’ affordable housing project update

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