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Better Than Tariffs, Better Than Sanctions, Better Than Sex On The Beach

By John W. Tulac OK, so two out of three isn’t bad.  Let’s talk about free trade.  Real free trade.  Not protectionism, not mercantilism, not fair trade, not a level playing field, but real open borders to foreign goods and capital.  Let’s remember basic economics. Last week, trade data showed …

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SB County, school district announce job training program

San Bernardino County and the San Bernardino Unified School District will partner to help at risk and low-income students develop job skills. During the next three years, the county will provide the school district with a coordinator from its Workforce Development Board who will arrange “work-based learning opportunities” for those …

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Class A office building changes hands

Inland Empire Office Space

A Riverside office building has been sold. The five-story structure at 1650 Spruce St., which covers 58,300 square feet, sold for $7.2 million, according to CBRE. Magnon Cos., a Riverside developer, was the seller.  Providence Capital Group Inc., a real estate investment and management firm in Encinitas, bought the building. …

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Local mortgage delinquencies fall slightly

Only 4.3 percent of all Inland Empire mortgages were delinquent by at least 30 days during November, a year-over-year drop of 0.5 percent, according to data released today.’ The region’s serious delinquency rate – 90 days or more past due – was 1.3 percent, down 0.4 percent compared with November …

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City gets grant to help fight homelessness

SB County Helps Homeless Vets

Riverside has received a $20,000 grant it will use to reduce homelessness. The donation, from Sacramento-based CPS HR Consulting, will help pay for Riverside at Work, which helps homeless and unemployed people become self sufficient, according to a statement released Tuesday. Riverside at Work’s employment component is scheduled to start …

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Inland multifamily rents rise

Multifamily rents in the Inland Empire rose 3.8 percent year-over-year in January, one of the largest increases of any major U.S. submarket during that time. Nationwide, rents rose only $1 during the first month of the year, to an average of $1,362 per month, according to Yardi Matrix, a commercial …

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