News – Page 5 – The Generation X-Files

Enjoy It While It Lasts: Gas Prices Have Already Bottomed

12May

By X ManNo Comments

News, Views

Enjoy It While It Lasts: Gas Prices Have Already Bottomed

On New Year's Day, gas prices in California averaged about $3.59 a gallon. Through January and February, prices drifted down a little. But during the week of March 10th, the world started to change. Panic over the COVID-19 pandemic set in. On March 19th, Governor Gavin Newsom issued a statewide "Stay at Home" order to all 40 million California residents. From this point on through May 8th, only essential businesses such as grocery stores, pharmacies, and gas stations remained open. Everything else closed. Professional sports were canceled. The people of California, the world's fifth largest economy, almost completely stopped driving for nearly two months. Demand for gasoline sunk and this set in motion a subsequent drop in gas prices. (adsbygoogle = windo...

LA County’s COVID-19 Cases Have Reached New Peaks

5May

By X ManNo Comments

News

LA County’s COVID-19 Cases Have Reached New Peaks

This blog previously posted about LA County's COVID-19 cases peaking on April 4th. This was based on the County's daily press releases reporting new infections. The Department of Public Health publishes these on their website. On April 4th, the County reported 711 new cases. After that, new cases started trending downward, although the daily numbers varied widely through April 20th. On April 20th, new cases rocketed into the quadruple digits hitting 1,491. Ironically, that was the same day this blog posted about the previous peak. (adsbygoogle = window.adsbygoogle || []).push({}); In the following days, the number of new cases stayed in the quadruple digits before falling to 607 on April 25th. After hitting a low of 440 on April 26, the number...

Late Tuesday, Netflix Reports a Spike in Q1 2020 Subscribers, Prompting a Brief Jump in its After Hours Stock Price

22Apr

By X ManNo Comments

News

Late Tuesday, Netflix Reports a Spike in Q1 2020 Subscribers, Prompting a Brief Jump in its After Hours Stock Price

Not surprising, with tens of millions of Americans under Stay at Home orders in the United States, more are turning to online streaming services. Netflix has been one of the leaders in this industry for several years now. After the markets closed, Netflix reported 15.8 million new subscribers in the first quarter of 2020, exceeding the company's own projections. (adsbygoogle = window.adsbygoogle || []).push({}); During the same period last year, less than 10 million subscriptions were added. In all of 2019, Netflix added 27.8 million subscribers. Netflix now has a total of nearly 183 million subscribers worldwide. Netflix reported these numbers late in the trading day and it's stock closed at $433.83. Right after the closing bell in after hours trading, ...

LA County’s COVID-19 Cases May Have Peaked

20Apr

By X Man3 Comments

News

LA County’s COVID-19 Cases May Have Peaked

The Los Angeles County Department of Public Health has been reporting new cases of COVID-19 cases and deaths almost daily since March 4th. The Department reports these numbers through press releases posted on their website. From March 4th to the 13th, the number of new cases reported were in the single digits. From March 14th through the 22nd, the cases climbed into the double digits. Since March 23rd through today, new cases reported have jumped into the triple digits. In early April, the number rocketed into the mid triple digits and peaked at 711 new cases reported on April 4th. Since then, the numbers have jumped around but appear to be heading down. LA County reported its first death from COVID-19 on March 11th. Ten days passed before it reported the secon...

12May

By X ManNo Comments

News

It’s Obvious: The Time is Now

Last year, a homeless encampment went up at Parnell Park. This year, a second homeless encampment appeared on the Whittier Boulevard Greenbelt. To help prevent new encampments from going up, the Council must act on affordable housing. Homelessness in Whittier In my May 29th, 2018 post, I argued there's no shortage of market rate housing, only a shortage of affordable housing in Southern California. [1] Nearly one year later, this fact remains true. If one has cash or credit, he or she can purchase a home. On the contrary, affordable housing is still in short supply. Those who need it are forced to wait months or even years before a unit or even a shelter bed becomes available. Whittier First Day operates a shelter with forty-five beds but it has a three to four month wa...