New York Times says it best: "The gross domestic product shrank at an annual rate of 6.1 percent from January through March after a 6.3 percent decline in the fourth quarter of 2008. Not since 1958 have Americans experienced such a sharp contraction over six months." Basically, companies are just not buying. Is there a silver lining? "But on Wall Street, investors barely flinched at the worse-than-expected decline in economic output. Stock markets rallied 2 percent in midday trading as two big media and entertainment companies beat earnings expectations and analysts upgraded their outlook on bank profits." more ›

As we discussed last week, Mayor Antonio Villaraigosa is in Washington D.C. today telling the rest of America why LA and its surrounding area is getting ripped off from federal investment. If we get jammed in traffic, we can't deliver for the rest of the U.S. Here are some facts: This delegation is part of the kick off of Access Washington, D.C. 2007, a trip sponsored by the L.A. Chamber and Mobility 21. Southern... more ›