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Money and Monetary Policy

A collection of news and information related to Money and Monetary Policy published by this site and its partners.

Top Money and Monetary Policy Articles

Displaying items 13-24
  • Olive Avenue Confidential: Between a condo and a hard place

    Like a lot of people these days, Josh Ledebur struggles to pay his mortgage. What makes this schoolteacher's story unexpected is that he's participating in a city affordable-housing program. Ledebur is asking the city to change terms of his affordable-...
  • Glendale philanthropist at center of dispute over will

    Glendale philanthropist at center of dispute over will
    The owner of a Glendale BMW dealership and the children of a deceased man who once owned a portion of the property on Brand Boulevard on which it sits are embroiled in multiple legal battles relating to his wills as well as alleged elder abuse. A San...
  • CV Water District dips into reserves to cover pension debt

    Crescenta Valley Water District officials this week voted to draw down heavily on the utility’s reserves to pay off a ballooning pension liability — a decision they said would have positive long-term affects given the high interest rate they...
  • Low interest rates take their toll on Glendale's investment portfolio

    Halfway into the fiscal year and things look grim for gains in Glendale’s investment portfolio. “Where I thought that the bottom was last year, let’s just say that these certainly are challenging times,” said City Treasurer Ron...
  • Start the Presses: Taking another, even closer look at Measure S

    We blew it. During the last few weeks, our editorial board stared long and hard at Burbank's proposed school bond, Measure S. We talked to proponents and opponents, and nearly drove ourselves batty looking at spreadsheets and amortization schedules....
  • Glendale Water & Power could face rating dip

    Glendale Water & Power could face rating dip
    Several bond-rating agencies this week warned that without an increase in electric rates this year, Glendale Water & Power could face a downgrade due to its weak financial performance. The warnings come weeks before a City Council election in which three...
  • Manoukian details portfolio changes for Glendale

    Glendale’s portfolio continues to slide, but City Treasurer Rafi Manoukian forecast an uptick in interest rates around the corner, which bodes well for Glendale’s investment opportunities. The city’s investment portfolio sank to $372...
  • Glendale council OKs bonds for power utility upgrades

    Glendale council OKs bonds for power utility upgrades
    The City Council this week approved issuing $60 million in bonds for electricity-related capital improvements, a move that will cost city coffers about $3 million a year in principle and interest payments. The bonds, which were already incorporated into...
  • Schiff: JPL open house suspension result of "extremely poor" federal fiscal policy

    Schiff: JPL open house suspension result of "extremely poor" federal fiscal policy
    Rep. Adam Schiff (D-Burbank) on Thursday expressed just as much disappointment regarding the suspension of the annual open house at NASA's Jet Propulsion Laboratory as just about everyone else in the science community. The Los Angeles Times reported...
  • JPL open house, felled by sequestration, costs about $400,000

    JPL open house, felled by sequestration, costs about $400,000
    Bracing for “significant impacts” to funding for public outreach programs next year, the Jet Propulsion Laboratory decided to cancel its hugely popular open house in June. The cost savings? Roughly $400,000 for the two-day event. The...
  • City Council forgoes bidding process for bonds; councilman upset

    The City Council decided this week to eschew a competitive bidding process to refinance nearly $87 million worth of bonds because officials feared the issuance would have no takers if they went the traditional route. But the decision didn’t come...
  • Taken For Granted: Declaring war on joblessness

    No longer restricted to the homeless, dumpster diving is becoming a national sport. It’s now a middle-class athletic event. Last week, while sitting in my car, I noticed a nicely coiffed young woman, neatly attired in jeans, approach a dumpster,...