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Economic Update Predicts Challenges Ahead

Economic Update Predicts Challenges Ahead Despite a solid footing heading into the next economic cycle low interest rates, a hot housing market, and strong GDP growth there are some looming signs of a recession on the horizon that shouldn’t be ignored, says a financial expert. “As good as prosperity is now and will be in the near future, there’s 100 percent certainty that we will fail at keeping this success going,” University of California–Irvine (UCI) finance professor Christopher Schwarz said during a June 10 virtual presentation. “The question is, how are we going to fail?” Schwarz’s presentation was made in conjunction with the Newport Beach Chamber of Commerce, the Greater Irvine Chamber of Commerce, UCI’s Paul Merage School of Business, and 26 other cosponsoring chambers of commerce.

What others are saying about the Keep California Working Act

Senator Andreas Borgeas (R-Fresno), Senator Anna Caballero (D-Salinas), and Assemblywoman Cottie Petrie-Norris (D-Laguna Beach) unveiled new coalition support and legislative details of the Keep California Working Act earlier this morning during a virtual press conference. The Keep California Working Act, otherwise known as Senate Bill 74, is a bipartisan small business relief package spearheaded by Senators Andreas Borgeas and Anna Caballero, and Assembly Member Cottie Petrie-Norris. The bill invests $2.6 billion (or 10% of California’s projected windfall) in grants for small businesses and non-profits impacted by COVID-19. The Keep California Working Act has garnered significant momentum in the Legislature with new co-authors signing on to the bill in recent weeks. A total of forty-one legislators, or more than one-third of the entire California Legislature, are now supporting the measure. This milestone signifies an opportunity for the Legislature to work together on small bus

Tallia Hart, CEO of Healdsburg s chamber of commerce, wins a North Bay Business Journal Nonprofit Leadership Award

Tallia Hart, CEO of Healdsburg s chamber of commerce, wins a North Bay Business Journal Nonprofit Leadership Award
northbaybusinessjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northbaybusinessjournal.com Daily Mail and Mail on Sunday newspapers.

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