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Wells Fargo economist says Trump will likely help economy

By   /  Wednesday, November 23rd, 2016  /  Banking & Finance, Banking Industry, Latest news, Tri-County Economy  /  Comments Off on Wells Fargo economist says Trump will likely help economy

President-elect Donald Trump will likely have a positive impact on the regional and national economy in the short term in the form of tax cuts and ramping up defense spending, Wells Fargo Senior Economist Mark Vitner said. Trump claims he will reduce personal and corporate income taxes, which would theoretically spur investment in the U.S. Read More →

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Central Coast entrepreneurs high on marijuana

By   /  Friday, November 18th, 2016  /  Agribusiness, Central Coast, Top Stories, Top Story, Tourism, Tri-County Economy  /  Comments Off on Central Coast entrepreneurs high on marijuana

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Trump fogs retiring CLU economist’s crystal ball

By   /  Friday, November 18th, 2016  /  East Ventura County, right, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on Trump fogs retiring CLU economist’s crystal ball

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SOAR passage will stifle Ventura County economy

By   /  Friday, November 11th, 2016  /  Agribusiness, East Ventura County, left, Real Estate, Tri-County Economy, West Ventura County  /  Comments Off on SOAR passage will stifle Ventura County economy

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Ventura County economy faces challenges

By   /  Friday, November 11th, 2016  /  Agribusiness, East Ventura County, Latest news, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County economy faces challenges

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Ventura County lagging in job growth

By   /  Thursday, November 10th, 2016  /  East Ventura County, Latest news, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County lagging in job growth

Updated at 5:20 p.m. Nov. 10: Ventura County is the only region in Southern California that has not reached pre-recession job levels, according to research from Cal Lutheran University’s Center for Economic Research and Forecasting. Ventura is still 2,600 jobs shy from its pre-recession high and it is possible the job market has peaked, the Read More →

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Founders Community Bank in SLO being acquired

By   /  Monday, October 31st, 2016  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Tri-County Economy  /  Comments Off on Founders Community Bank in SLO being acquired

Fresno-based Premier Valley Bank will acquire San Luis Obispo-based Founders Community Bank in a stock-and-cash transaction valued at approximately $29.1 million, or $21.87 per share, the companies announced on Oct. 31. The parent company of Premier, Heartland Financial USA, aims to acquire Founders, a wholly-owned subsidiary of Founders Bancorp, in a 70 percent stock and Read More →