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S&P

(courtesy WelcomeToSantaClarita.com)

S&P Upgrades Santa Clarita To AAA Credit Rating

At a time when multiple California cities are struggling with bankruptcy and budget cuts, the third-largest city in Los Angeles County is enjoying the benefits of managing its finances.

09/17/2012

(credit: Frazer Harrison/Getty Images)

LA Quietly Dumps S&P After Threat To Downgrade City’s Credit Rating

The move comes after Standard & Poor’s said last week it would be downgrading the city’s $8 billion investment portfolio from AAA to AA.

08/16/2011

(credit: STAN HONDA/Getty Images)

Southland Reacts To Staggering Stock Market Plunge

Residents across Los Angeles are rattled by the staggering stock market plunge. The stock market buckled Monday under the weight of a crisis in Europe and danger of recession at home. Reeling from a downgrade of American debt, the Dow Jones industrials plunged 634 points.

CBS2 / KCAL9–08/08/2011

economy consumer car sales dealership buyer

Fannie, Freddie Downgrades Likely To Hurt SoCal Home, Car Sales

Another credit downgrade for two of the nation’s biggest loan agencies could leave more Angelenos digging deeper into their pockets.

KNX 1070 NEWSRADIO–08/08/2011

(credit: Tim Boyle/Getty Images)

Home Prices Falling In Most Major US Cities

Home prices are falling in most major U.S. cities, and the average prices in four of them are at their lowest point in 11 years. Analysts expect further prices declines in most cities in the coming months.

03/29/2011

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