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Forecast: U.S. not staring down a recession

Cal State University San Bernardino receives grant money

The U.S. will probably avoid a recession during the next two years, so long as the Federal Reserve doesn’t raise interest rates more than it has said it plans to, according to a forecast. Despite some signs of weakness, the U.S. economy continues to move forward thanks to the fiscal …

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Land sale for high-speed rail station approved

building sold

Rancho Cucamonga and the San Bernardino County Transportation Authority have approved the sale of property, owned by both entities, that will be home to the Inland Empire’s first high-speed rail station. Brightline West, a privately owned intercity rail service in Miami, will develop Cucamonga Station on the five-acre site at …

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Cardenas announces food bank donation

Cardenas Markets now offers same-day delivery

Cardenas Markets Foundation has donated $50,000 to 25 food banks in areas where the Hispanic supermarket chain operates. The Coachella Valley Rescue Mission, Community Action Partnership of San Bernardino County, Corona/Norco Settlement House and Inland Valley Partners are among the agencies that received $2,000 donation, according to a statement. “We …

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Another cash dividend for CVB Financial

cash dividend

CVB Financial Corp. has announced a 20-cents-per-share cash dividend for the third quarter. That’s an increase of one cent per share compared with the second quarter of this year, and it represents the Ontario company’s 132nd consecutive quarter of paying a dividend to its shareholders, according to a statement on …

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