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PBS News Hour
What effect would an interest rate hike have on US wallets?
If and when the Federal Reserve Bank raises interest rates, which is widely expected, it would be the first such hike since the 2008 financial crisis. Raised rates will impact the cost of home mortgages and there will be consequences for corporations too. Eric Platt from the Financial Times joins Hari Sreenivasan with some insight to the possible raise.
California News
Worksite immigration raids are supposed to free up jobs for citizens. Here’s what really happens
Research shows worksite immigration raids can depress local economies as people stay home and stop spending money. So far, they aren’t known to free up jobs for citizens.
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It was a milestone for progressive education in California. Then it unraveled
The controversy around the state’s once-celebrated ethnic studies curriculum reveals deeper schisms afflicting public schools nationwide
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In a Nation Growing Hostile Toward Drugs and Homelessness, Los Angeles Tries Leniency - KFF Health News
A new care center for homeless people on Los Angeles’ infamous Skid Row embraces the principle of harm reduction, a more lenient approach to drug use and addiction. County officials say criminalization only worsens homelessness.
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A Major Wine Company Is Leaving the State, as Gen-Z’s Drinking Habits Shift
A major wine distributor plans to leave California and lay off nearly 2,000 employees this fall, citing changes in the industry that have made the home state of the U.S.’s wine country an “unsustainable” market amid a national downturn.
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