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SAN DIEGO (KGTV) - Investors are watching carefully to see if interest rates keep dropping, or if they may eventually dip below zero in the United States.Recently, former Chairman of the Federal Reserve Alan Greenspan said it's a possibility, as rates have remained historically low for the past few years.In San Diego, the results of a negative interest rate would be good news for some and bad news for others."Low rates are a double-edged sword," says Dennis Brewster of SagePoint Financial. "If you're a borrower, if you're looking to buy a house today, mortgage rates have never been lower. But if you're a saver and you have money in the bank or in a CD, your rates are pretty poor."Brewster says the interest rate tends to drop when growth in the US is slow, both for the population and the Gross Domestic Product. He says that's what's happening now, as the baby boomer generation is getting older and later generations have fewer children. Brewster says slower population growth leads to slower economic growth because there are fewer people in the workforce, which means company production is down, and so is spending. He says that is happening despite record low unemployment.As for negative interest, Brewster says the average San Diego shouldn't worry since it's unlikely to happen."I wouldn't change your long term plans," he says. "The economy can move forward through high or low rates." 1411
SAN DIEGO (KGTV) - It looks like a mini farmer's market: fresh fruits, vegetables, herbs, even flowers.All of it coming from home gardens like Rosemary McElroy's. She and her fiancé Kevin Rookey love having fresh produce in their own backyard but, "we realized everyone has way more produce when you grow it than you can actually consume."The couple posted on the Nextdoor App, thinking maybe other neighbors wanted to trade.RELATED: Making It in San Diego: Reverse meal planning saves woman hundreds on grocery billThe response was so overwhelming, McElroy decided to organize a meet-up."This is around Lake Murray, let's host it at Lake Murray, we'll call it Lake Murray Produce just to give it a name," said McElroy.So far they've done three swaps, once a month for about an hour. Each time more and more people show up, able to walk away with organic produce for free and make sure nothing goes to waste.RELATED: Ocean Beach duo cook up 'foodie' meals on a day budget"When you have 500 oranges on a tree and you're not eating THem you feel guilt, right? So I think it’s about relieving guilt, too," said McElroy.If you'd like to know more or participate, click here. 1181

SAN DIEGO (KGTV) -- In August 2018, a federal grand jury indicted Rep. Duncan Hunter (R-CA) and his wife, Margaret, on suspicion of campaign funding misuse.The affidavit detailed instances from 2009 through 2016 in which the Hunters reportedly used campaign money illegally for things like video games, family vacations, school tuition, and more.Over the course of a year, Hunter vehemently denied the allegations, often calling the indictment "politically motivated."On Dec. 2, 2019, Hunter agreed to change his plea to guilty to one count. His wife changed her plea to guilty six months earlier.Here is a timeline of the investigation into Hunter's campaign spending: 682
SAN DIEGO (KGTV) — Mission Valley is in store to get an additional nearly 30,000 homes by 2050, according to a new plan the City Council unanimously passed Tuesday.The council voted 9-0 to pass the Mission Valley Community Plan, which would increase the number of allowed housing units in Mission Valley to 39,200. Currently, the area has about 11,200 units. The idea is to change Mission Valley's underutilized strip malls into mixed-use developments, where housing and commercial are under the same roof. "That dream, that American dream, that middle class security that is created by home ownership is now vanishing for a large segment of the population, and we can do better," said Jonathan Frankel, who heads the Mission Valley Community Planning Group. But Mission Valley is currently one of the cities most congested areas. Currently, the city says 600 people live and work in Mission Valley, but 40,000 commute in daily. As part of the plan, the city would add bridges and roads, plus an additional trolley stop and bike and walking paths. It would allow the people who do live and work in Mission Valley to get where they need to go, without a car. "The Mission Valley Community Plan Update is a no-brainer that will increase desperately needed housing stock, improve amenities for residents and will help the city meet its climate action goals,” Councilman Scott Sherman said in a statement. “I appreciate my council colleagues for approving this important community plan update.”The city aims to turn Mission Valley into a transit environment to help with the region's housing crisis and its climate action goals, a staff report says. 1654
SAN DIEGO (KGTV) — It's a challenge chickens around the world hope you don't attempt.A Rancho Bernardo man has set a new record for eating Chick-fil-A the most consecutive days in a row — barring the company's usual Sunday closure.Even before the challenge, Mark Mendenhall was a regular at the Carmel Mountain Ranch Chick-Fil-A, with employees dubbing him "Mayor of Chick-fil-A.""I have eaten everything on the menu, except the coffee and tea, I don't like coffee or tea, I've had every sauce," said Mendenhall.RELATED: Chula Vista Chick-fil-A employee saves man's lifeBy day he's a realtor, by dinner he's Mayor. "The food is great don't get me wrong, but it's the people here that make you feel good!" Mendenhall says.Several months ago, he heard about a Georgia man successfully eating Chick-fil-A 100 days in a row, excluding days when the restaurant is closed. "I thought to myself, I could do that! I could totally do that!" said Mendenhall.RELATED: San Diego County woman believes ultrasound image resembles late fatherHis wife, reacting differently."At first, I thought it was a little crazy, and I didn't think he'd stick with it, but then I could tell he was serious about it," said Mendenhall's wife, Laura. On a family trip to Disneyland, Mendenhall actually drove from Disneyland to his Chick-fil-A, ordered his meal, and then went back to Disneyland. "My dear wife asked me, when is all of this going to end?!" Mendenhall laughs.He decided he'd end the challenge when they went on vacation, so his wife promptly planned one to Palm Springs. Throughout the journey, Mark took a picture each day with employees, friends, and strangers, proof of his amazing streak.But his mission had another cause. Mendenhall also helped raise nearly ,000 for the Poway Unified School District Adopt-a-Family program through the challenge. 1846
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