FROM John Blank
Dow Jones Impact in Los Angeles? The world is watching for the impact of history's first downgrading of the credit rating of the United States. How important is it? How worried should Americans be? The Dow Jones Industrial Average closed down 634 points today, a loss of 5.55 percent. The NASDAQ dropped 175 points, losing 6.9 percent. John Blank, Deputy Chief Economist for the Los Angeles County Economic Development Corporation, considers the impact in Southern California.
'Carmageddon' Didn't Happen, Should We Do This More Often? Maybe drivers in the capital of the car culture really do hate traffic after all. Threatened with " Carmageddon " this weekend, massive numbers stayed off the road. While they were gone, half the Mullholland Drive bridge was taken down --17 hours ahead of schedule--by a contractor who knew what it was doing. After all, Kiewit built the bridge in the first place.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.