Culture
CityLab Daily: The Hidden Costs of Losing Your City’s Newspaper
Also: What mayors want most this year, and why everyone is talking about parking.
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Red all over: What’s your local newspaper worth? We’re not just talking about the price of a subscription here: New research finds that when cities lose their local paper, the costs of government actually increase. That has to do with a lack of scrutiny over deals, say researchers, who also found that long-term borrowing costs rise after disruptions in local news. CityLab’s Kriston Capps digs into how city finances suffer when local newspapers close.