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    Back to Which Way, L.A.?

    Which Way, L.A.?

    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.

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    By Warren Olney • May 12, 2014 • 1 min read

    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.

    The full episode

    1 of 3
    OC DA Discusses Fullerton Beating Case
    1. 0:00Dow Jones Impact in Los Angeles?You’re reading this
    2. 8:49OC DA Discusses Fullerton Beating Case
    3. 28:13The S&P Downgrade: Economics and Politics
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      John Blank

      Los Angeles County Economic Development Corp

      News

    The full episode

    1 of 3
    OC DA Discusses Fullerton Beating Case
    1. 0:00Dow Jones Impact in Los Angeles?You’re reading this
    2. 8:49OC DA Discusses Fullerton Beating Case
    3. 28:13The S&P Downgrade: Economics and Politics
    Back to Which Way, L.A.?