S&P puts San Francisco on negative outlook, cites slow recovery


by The Center Square

The Center Square— (The Center Square) – S&P Global Ratings changed its outlook for San Francisco's outstanding bonds from stable to negative, citing the slow recovery in the city and county. S&P Global Ratings, one of the Big Three credit-rating agencies, revised its outlook to negative from stable on the San Francisco City and County outstanding general obligation debt. "The negative outlook reflects our view of the slow recovery of the city's major revenue streams and growing...

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Drudge Report—U.S. Rep. Adam Schiff's luggage stolen in San Francisco. Thieves broke into the car of U.S. Senate candidate Adam Schiff, who was in San Francisco for an event – forcing a change of plans, specifically his attire, for one of his events.Schiff's car was in a downtown parking garage on Thursday when his luggage was stolen. In a photo provided by Schiff's PR agent, Schiff spoke at a campaign event in Burlingame at Ristorante Rocca dressed more casually than his guests, who were in suits and ties.His other clothes were in that stolen luggage. Schiff is a...

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