The Inland Empire had the highest unemployment rate of any major U.S. metropolitan area during October, according to data released Wednesday. The two-county region, which has had higher unemployment than both California and the nation during the economic recovery, recorded a 6.1 percent jobless rate in non-agricultural jobs last month, …
Read More »Service to Commemorate SB Shootings
A public service is scheduled to be held Friday to mark the first anniversary of the Inland Regional Center shootings in San Bernardino. The service, scheduled to begin at 6:30 pm., will take place at Cal State San Bernardino’s Coussoulis Arena, according to a statement. The San Bernardino mayor’s office …
Read More »City to Redirect Federal Funding
Cathedral City wants to take unspent funds from its community development block grant program and use it to pay for a public improvement project that will help low and moderate-income residents. The excess grants, which were distributed by the U.S. Department of Housing and Urban Development, total approximately $485,000 and …
Read More »Housing Sales Slow, Prices Jump
Southern California’s housing market sent out mixed signals during October, with flat sales but a noticeable rise in prices. Sales of houses and condominiums in the six-count region – the Inland Empire plus Los Angeles, Orange, San Diego and Ventura counties – were up an insignificant 0.3 percent year-over-year, according …
Read More »Moreno Valley Apartment Complex Sells
A large multifamily community in Moreno Valley has been sold. Broadstone Lasselle, a 304-unit complex near the intersection of Interstate 215 and the 60 Freeway, sold this month for a little more than $55 million, said Alex Garcia Jr., senior director with Marcus & Millichap’s Institutional Property Advisors division. The …
Read More »Memorial Service Planned for Jack Brown
State Bros Markets will hold a “Celebration of Life” on behalf of Jack H. Brown, the man who led the company for 35 years. The ceremony, which will be open the public, is scheduled to be begin at 9 a.m. Saturday at Citizens Bank Arena in Ontario, according to a …
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