IPO, VC market gridlock hits the region
The tariffs that have sent the stock market into a frenzy could also be hitting the companies that were hoping to go public or raise more capital in 2025. Nationally, tech firms like Klarna and Stubhub have paused their plans for an initial public offering in 2025, while locally, experts are cautioning small- to medium-sized Read More →
2025 South Coast Business & Technology honorees announced
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National, Central Coast home prices staying high
WASHINGTON, D.C – Don’t expect relief from sky high home prices on the Central Coast – or across the nation. That was one message delivered by Federal Reserve Chair Jerome Powell who spoke to a conference of business journalists on April 4. Powell said the Fed was taking a “wait and see” approach to the Read More →
F&M Bank creates tri-county position to increase service
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Good works: Shelterbox continues helping Eaton Fire victims
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Unemployment rate skyrockets throughout Central Coast
The unemployment rate in each of the tri-counties went up substantially in the month of January, according to the latest data provided by the California Employment Development Department. As a whole, the unemployment rate for the Central Coast was 4.93%, up from 4.5% in December. Released on March 14, the unemployment rate for Santa Barbara County jumped up 0.8% Read More →
South Coast commercial real estate sales see strong 4Q
Commercial real estate sales in Santa Barbara County’s South Coast market saw a major uptick in the fourth quarter of 2024 over the fourth quarter of 2023. That’s according to Santa Barbara-based Radius Commercial Real Estate’s fourth quarter 2024 report released March 12 at its 15th annual real estate and economic forecast event at the Hilton Read More →
