News for Economic

Wednesday, September 16, 2020
At a time when California businesses are struggling to stay open Prop 15 imposes a $12.5 billion tax hike that will be the nail in the coffin for many of California businesses.  Struggling to keep their doors open, afford rent, pay employees, and more, businesses need more economic incentivization to create jobs for the unemployed, not more financial burdens. November 2020’s Proposition 15 will ...read more
Categories: Chamber, Editorial, Political, Economic, General News Article, Press Release
Wednesday, April 08, 2020
NEW YORK--(BUSINESS WIRE)--To help small businesses that have been impacted by the COVID-19 pandemic, UBS announced today that it has created a new initiative to expand its current referral lending network to enable clients to access the Small Business Administration's ("SBA") new Paycheck Protection Program ("PPP"), a subset of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). ...read more
Categories: Economic, Press Release, Press Release
Thursday, March 19, 2020
It takes strong commerce to build vibrant communities and neighborhoods rely on local tax dollars for those vibrant communities. No one ever expected or prepared for an unprecedented crisis that is facing us and forcing businesses to close, employees to lose jobs and our worlds being turned upside down. COVID-19, is here and is having a major economic impact both globally and locally. While ...read more
Categories: Chamber, Editorial, Economic
Friday, April 26, 2019
On April 30, 2018, The California Supreme Court issued a landmark decision in the case of Dynamex Operations West vs. Superior Court of Los Angeles. An important takeaway from this landmark case is the transition in how the California Supreme Court views workers’ rights. With this decision we are seeing the courts trend in favor of the employee/ individual and with this decision the court has ...read more
Categories: Economic, Press Release, Chamber, Editorial
Monday, November 19, 2018
  When small business fails, we are all impacted but rarely understand why. In a world where everything can be bought by the click of a button, it is becoming even more critical that communities make a concentrated effort to shop locally. While the convenience of online shopping is unmatched, it may be costing you more than you think. Studies have shown when consumers shop local, significantly ...read more
Categories: Chamber, Editorial, Economic, Press Release
Monday, March 05, 2018
According to TurnKey, Millennials are predicted to spend $1.4 trillion on travel each year by 2020. Due to this, many homeowners are making huge efforts to capitalize on the vacation rental market. Yes, opportunity is knocking at the door. Is it a trap or a trend? Maybe so, but each homeowner or investor has to look at the factors relevant to their property.Important considerations:Navigating the ...read more
Categories: Community, Economic, Education, Press Release, Fun Facts
Monday, November 13, 2017
By Debra Rosen Published by San Diego Union-Tribune, Full Commentary The House has released a sweeping national tax reform bill that affects mortgage interest payments. The proposed legislation places a lower cap on interest payments from a home loan of at least one million dollars to only $500,000. California homeowners, especially those in San Diego County with a mortgage debt of over ...read more
Categories: Chamber, Editorial, Economic