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Big Bear Visitors Given Something To Smile About With Snowfall
Snow Summit says it got about an inch of snow overnight. Though not much, the 24 degree temperatures will allow the resort to manufacture plenty of snow for about half the runs.
Southland Hit With Cold, Windy Weather
A cold front emanating from Canada moved through Southern California Monday, bringing furious winds and the area's lowest temperatures this year, along with snowfall and the risk of serious traffic disruptions.
"The Latest" News
Team LeBron Edges Team Stephen 148-145 In NBA All-Star Game
Each member of the winning team made a cool $100,000.
LeBron, Steph Lead Hand-Picked Teams Into NBA All-Star Game
The NBA's All-Star version of a pickup game is taking center stage in Hollywood.
Rams' Donald, Gurley, McVay Take Home NFL Awards
The Los Angeles Rams won big at the 7th Annual NFL Honors in Minneapolis on Saturday.
Best Happy Hour Burger Deals In Los Angeles
Some of the best dining deals in Los Angeles happen to include the all-mighty hamburger. From Odys + Penelope to The Rockefeller, bite into these tasty burgers!
Best Late Night Food Joints In Los Angeles
Hunger can strike when you least expect it and it’s the worst when it hits in the middle of the night. Head out to one of these great Los Angeles restaurants and fill your bellies.
Best Shopping Malls In Los Angeles And Orange County
It takes a pretty special shopping destination to keep a Californian inside, and Los Angeles has some of the nicest outdoor shopping sites in the country.
Guide To The Hollywood Bowl
From parking, to tickets, and dining, here’s our guide to the Hollywood Bowl
Best Things To Do This Week In Los Angeles - February 19-25
From new exhibit openings to National Margarita Day, this week promises a variety of ways to fill your social calendar.
Best Date Ideas For Art Lovers In Los Angeles
These five choices offer dating couples a chance to grow together with the positive distractions that the greatest and most recent objects of art can invoke.
Best Pet-Friendly Restaurants In Orange County
With almost year-round great weather, recline on the patio at these local Orange County eateries and dine alongside your pup.
Best Vegetarian Restaurants In Orange County
Finding a good vegetarian restaurant can be difficult, but not anymore! We've rounded up the best restaurants to get Vegetarian food in Orange County!
Orange County's Best Shops For Swimwear
The weather is heating up Summer is quickly approaching, and time to throw out the old styles and shop for new swimwear!
Best Things To Do This Weekend In Orange County - February 16-18
See the Harlem Globetrotters at the Honda Center, do yoga in the park, get a surfing lesson and more this weekend in Orange County!
Best Things To Do This Week In Orange County - February 19-25
Whether you choose to ride the train to Disneyland, attend the new Cirque du Soleil show, sip margaritas or meet one of O.C.’s most generous faces, this week is filled with fun activities.
Best Ways To Celebrate Black History Month In Orange County
Whether you want to attend a festival or just a meet up, there are plenty of ways to celebrate Black History month in Orange County!
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2018 Auto Club Speedway Contest
Enter for your chance to win a family four-pack of tickets and pit passes to Auto Club 400 on Sunday, March 18, 2018, the fastest Sunday of the Year!
Best 2018 Singles Cruises
Cruise companies have stepped up their offerings to widen appeal to a younger demographic. There are singles cruises, adults-only cruises, interactive themed cruises, culinary bootcamps and signature event cruises, some with solo cabins, too.
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Tuesday, February 13th
Mottek On Money (February 10, 2018)
Drama suddenly returns to the stock market after more than a year of smooth sailing to record highs. Volatility spikes and the Dow pulls back 10 percent from last month's high. Analysts discuss the market pullback and outlook. Pension fund managers take a cautious approach. What's become an iconic LA landmark at LACMA celebrates its 10th anniversary.
Sunday, February 4th
Mottek On Money (February 3, 2018)
Good news on main street jolts Wall Street as a better than expected jobs report and wage growth spark inflation worries. Stocks slide from record highs. Extended market coverage with Maria Bartiromo. Mortgage rates spike. Businesses in the Santa Barbara area recover after recent fires and mudslides. Pasadena set to play host to a big annual book fair.
Monday, January 29th
Mottek On Money (January 27, 2018)
Investors focus on FOMO - Fear of Missing Out. Panic buying sends stocks to record highs. New report on commercial real estate finds Culver City on the rise. Big issues remain in the first month of legal recreational marijuana sales in California. European and U.S. companies are eager to connect in L.A. after President Trump's pitch at the World Economic Forum in Davos.
Monday, January 22nd
Mottek On Money (January 20, 2018)
LA business and civic leaders cheer as LA makes the list of 20 cities being considered by Amazon for a $5B second headquarters. The Dow soars above 26K in a sizzling start to 2018. Mortgage rates spike. A new survey finds income shocks happen frequency during most careers. A telecom entrepreneur is on to something new after selling two companies to Silicon Valley giants.
Tuesday, January 16th
Mottek On Money (January 13, 2018)
Consumers came out in force over the holiday shopping season ringing up the best results for retailers since before the Great Recession. Stocks extend a new year's rally, wrapping up the second week of 2018 at record highs. The LAEDC names a new chief economist. Lots of fun innovations on display at the Consumer Electronics Show in Las Vegas.
Thursday, January 11th
Mottek On Money (January 6, 2018)
2018 gets off to a roaring start with the Dow blowing past 25K and all the major averages ending the first week of the year at record highs. Wharton Finance Professor Jeremy Siegel offers a cautious market outlook for 2018. Gas and oil prices spike. Cannabis and bitcoin take a wild ride. Hollywood awards season begins with the Golden Globes making a big impact on the L.A. economy.
Tuesday, January 2nd
Mottek On Money (December 30, 2017)
Happy New Year! Confidence and optimism among L.A. business leaders are riding high heading into 2018. All the major stock market averages are set to start the new year near record highs after the best annual market gain in four years. A look back at 2017 and a preview of what's ahead for stocks, the dollar, mortgage rates, real estate and jobs in 2018.
Mottek On Money (December 23, 2017)
The tax reform bill signed into law by President Trump is expected to have a big impact on California with the state and local tax deduction capped at $10K and mortgage interest deduction reduced to $750K. An early Santa Claus rally sends stocks to record highs. Bitcoin takes a wild ride off record highs. Ground is broken for a new USO facility at LAX.
Tuesday, December 19th, 2017
Mottek On Money (December 16, 2017)
Tax reform advancing in Washington sends stocks to record highs. Disney buys 21st Century Fox TV and movie studios. More media mergers expected. Holiday sales are coming in stronger than expected this season. An app created in LA by a busy actor and his wife helps parents find trusted local resources.
Monday, December 4th, 2017
Mottek On Money (December 2, 2017)
Bitcoin mania sends the virtual currency to record highs above $11,000 while the debate continues about the legitimacy of the crypto currency. Stocks wrap up a record shattering week with a volatile session that was focused on the latest news out of Washington. Car companies roll out big new product announcements at the L.A. Auto Show.
Wednesday, November 29th, 2017
Mottek On Money (November 25, 2017)
Consumers hit the malls and go online for the traditional start of the holiday shopping season. West Hollywood celebrates small business. Retailers are upbeat in the face of strong consumer confidence, lowest unemployment in 17 years and the stock market at record highs.
Monday, November 20th, 2017
Mottek On Money (November 18, 2017)
Tax reform moves forward in Washington. Stocks post a mixed finish for the week. LA's homeless population gets extra help, including early Thanksgiving dinners, as the holiday season begins. President Trump's former White House spokesman Sean Spicer speaks candidly about the news business, his portrayal on SNL, plus his views on trade and tax reform.
Friday, November 17th, 2017
Mottek On Money (November 11, 2017)
Business and civic leaders gather to discuss what's ahead for California's economy. Stocks slip from record highs as lawmakers lock horns over tax reform in Washington. One of Southern California's biggest trading partners, Canada, is anxious over the renegotiation of NAFTA. Business fallout continues following sexual harassment and assault claims sweeping Hollywood.
Monday, November 6th, 2017
Mottek On Money (November 4, 2017)
Investors and consumers show enthusiasm for Apple's new $1000 iPhoneX. America's unemployment rate hits a 17-year low. Stocks wrap up the week at record highs. L.A. home prices hit new highs, while affordability hits a 10-year low. Tax reform plans expected to impact local real estate. An avalanche of sexual harassment claims in all industries following the Weinstein scandal.
Monday, October 23rd, 2017
Mottek On Money (October 21, 2017)
The U.S. Senate OK's a budget plan that lays the groundwork for tax cuts. The latest earnings news and readings on the economy set off a grand slam home run on Wall Street. The Dow soars to a record high above 23K. Expansion of the Metro Gold Line in the San Gabriel Valley continues. And L.A. based Coffee Bean and Tea Leaf perks up its expansion plans.
Monday, October 16th, 2017
Mottek On Money (October 14, 2017)
The stock market's record shattering run continues. California challenges President Trump on cutting government insurance subsidies for Obamacare. State Insurance Commissioner Dave Jones talks about the impact this will have on Covered California. Damage assessment continues following catastrophic fire storms in the state especially impacting seniors and their caregivers.
Tuesday, October 10th, 2017
Mottek On Money (October 7, 2017)
The stock market continues its record run up. The nation's unemployment rate hits the lowest since February 2001 but the economy sheds jobs last month for the first time in 7 years. The latest forecast for L.A.'s South Bay economy is released. New consumer trends in fashion, food and retail. Preparations continue for the legalization of recreational marijuana use in California.
Monday, October 2nd, 2017
Mottek On Money (September 30, 2017)
It's a September to remember for investors as the stock market wraps up the 3rd quarter of 2017 at record highs. Housing affordability gets worse in L.A. with the latest bump up in home prices. Remembering the business legacy of Playboy founder Hugh Hefner who has died in L.A. at the age of 91. More high profile data breaches as National Cyber Security Awareness month begins.
Monday, September 25th, 2017
Mottek On Money (September 23, 2017)
Another record shattering week for stocks. The Fed signals another rate hike will be coming soon. California's Attorney General issues a consumer alert on the Equifax data breach. September is College Savings Month. The LAEDC honors the most business friendly cities. And it's Frank n Stein as financial commentator Ben Stein joins Frank for a discussion on the markets and the economy.
Monday, September 18th, 2017
Mottek On Money (September 16, 2017)
Stocks rally to record highs in the aftermath of Hurricane Irma and ahead of an important Fed policy meeting. Apple rolls out the tenth anniversary iPhone, the iPhoneX. Consumers face a nightmare in the Equifax data breach debacle. It's an entertainment industry party weekend for the Primetime Emmy Awards. A conference celebrating corporate mergers is a big deal in Beverly Hills.
Monday, September 11th, 2017
Mottek On Money (September 9, 2017)
Hurricane Irma is set to become the most expensive natural disaster in U.S. history covering the entire state of Florida. Thousands of cruise ship passengers are affected by the storm. President Trump makes a surprise deal with democrats on the debt ceiling and disaster relief. The revival of Downtown L.A. gets perked up with the opening of a Cuban cafe. Forbes Magazine celebrates 100 years.
Wednesday, September 6th, 2017
Mottek On Money (September 2, 2017)
Tech stocks including Apple rally to record highs. The NASDAQ composite stands at a record high. Oil prices slip, gas prices spike in the aftermath of Hurricane Harvey in Texas. Los Angeles Fleet Week set to pump up the waterfront economy. Southern California labor leaders talk about issues facing unions on Labor Day weekend 2017.
Monday, August 28th, 2017
Mottek On Money (August 26, 2017)
Stocks wrap up a winning week on a mixed note. Market analysis from Mohamed El-Erian, chief economic advisor, Allianz. Fed Chair Janet Yellen speaks in support of regulations put in place after the 2008 financial crisis. Amazon set to complete its takeover of Whole Foods Markets. Consumers brace for the impact of Hurricane Harvey. Preserving historic buildings is now big business in L.A.
Monday, August 21st, 2017
Mottek On Money (August 19, 2017)
Stocks end the week with a pullback after the worst one day market drop in 3 months. The Dow and SP500 slide for the 2nd week in a row coming off record highs. A squadron of vintage WW2 planes salute an LA civil aviation giant. Attorney Robert Shapiro has a new business venture and his drug and alcohol abuse prevention work continues with the Brent Shapiro Foundation.
Saturday, August 12th, 2017
Mottek On Money (August 12, 2017)
Tensions between the U.S. and North Korea rattle financial markets with the Dow and S&P500 pulling back from all time highs. Some big department stores are seeing a drop in sales as more consumers shop online. New resources for small business people in L.A. A Silicon Beach pioneer in eCommerce heads up the parent company of Swagbucks and MyPoints.
Thursday, August 10th, 2017
Mottek On Money (August 5, 2017)
The Dow extends its record shattering winning streak to nine sessions in a row wrapping up the week at an all time high of 22,093. As rents in L.A. go up, so does the homeless population. The co-presidents of the NFL LA Chargers talk about the economic impact of the Chargers moving from San Diego to L.A. Business people cheer the news that L.A. will play host to the Summer Olympics in 2028. L.A. commercial real estate people remain upbeat despite a sizzling run.
Monday, July 31st, 2017
Mottek On Money (July 29, 2017)
The Dow ends the week at a record high close of 21,830 on the latest earnings news and a rebound in the price of oil to just below $50 a barrel. The NASDAQ and SP500 end the week just below the record highs attained earlier in the week. The health care debate continues after the US senate votes down a plan to repeal Obamacare. Orange County moves up on a list of hot areas for tech jobs. Higher rents in L.A. have more people considering buying homes but affordability is a big obstacle. High end real estate agents are trying new ways to cater to clients.
Monday, July 24th, 2017
Mottek On Money (July 22, 2017)
Another week for the Wall Street record books as tech giants Facebook and Netflix soar sending the NASDAQ and SP500 to all time highs. The Fed gets set to meet again to consider the latest readings on the economy and the next move on interest rates. Consumer advocates take on Amazon alleging the online retail giant misleads consumers about its pricing discounts. Amazon denies the claims. Mortgage rates tick lower sending the average 30 year fixed back below 4%. California's labor commissioner launches a new effort to fight wage theft in the state. Lots of big thinking nowadays when it comes to artificial intelligence and machine learning.
Tuesday, July 18th, 2017
Mottek On Money (July 15, 2017)
New readings on the economy suggesting the Fed could delay another interest rate hike rally the stock market. The Dow and SP500 stand at all time highs. The tech heavy NASDAQ had its best week of the year and stands about 30 points below its all time high. Amazon says its Prime Day this year was the biggest sales day in the company's history. Encouraging signs for the Southern California economy as retail, office, commercial and industrial real estate activity remain strong in the L.A. area based on the latest report from commercial real estate giant CBRE.
Monday, July 10th, 2017
Mottek On Money (July 8, 2017)
Stocks get the second half of 2017 off to a positive start. Oil and precious metals tank. L.A. drivers can expect even lower gas prices coming off the lowest Fourth of July gas price in more than 10 years. New advances in tele-medicine as doctors and patients make use of new smart phone apps. A company based in Culver City, inspired by famous architects, is "building" ice cream sandwiches. And a Persian-American serial entrepreneur helps lead the effort to bring the Freedom Sculpture to Los Angeles.
Sunday, July 2nd, 2017
Mottek On Money (July 1, 2017)
Mixed finish to the week capping off a winning first half of 2017 for stocks. The Dow and SP500 had their best first half of a year since 2013 with gains of about 8%. NASDAQ had the best first half year performance since 2009 with a gain of 14%. Beverly Hills celebrates the official grand opening of the newest Waldorf Astoria Hotel. The only family owned theater chain in Southern California celebrates a resurgence of local film making. The biggest cancer research fundraiser in LA is happening at Paramount Studios in Hollywood again this year. Big expansion plans announced by the Bob Hope USO at LAX.
Friday, June 23rd, 2017
Mottek On Money (June 23, 2017)
Mixed finish to a mostly winning week for stocks with healthcare, tech and retail names back in focus. The 73 story Wilshire Grand tower in Downtown L.A., tallest building on the west coast, holds its grand opening. The tower opening is cheered by business leaders as a crowning achievement on Downtown L.A.'s 20+ year renaissance. Ritz Carlton gets into the luxury cruise business. Mortgage rates take a surprising dip to lows of the year.
Sunday, June 18th, 2017
Mottek On Money (June 17, 2017)
Amazon's nearly $14B bid for Whole Foods Markets sends shock waves through the retail world. The Dow ends the week at a record high, 21,384. Analysis from Dr. Mohamed El-Erian, Chief Economic Advisor at Allianz and retail analyst Howard Davidowitz. The leaders of Southern California-based TrackR and HatchBeauty are among the companies honored as EY Entrepreneurs of the Year. Biotech business is getting bigger in L.A. Meanwhile a convention of thousands of biotech leaders gets underway in San Diego.
Friday, June 9th, 2017
Mottek On Money (June 10, 2017)
The Dow wraps up the week at a record high but tech stocks tank sending the NASDAQ more than 100 points below its all time high. Stocks posted a mixed finish after analysts at Goldman Sachs posted concerns about "a valuation air pocket" among high flying tech names. The upcoming Fed meeting is expected to end with another interest rate hike. The biggest video game industry gathering of the year, e3, comes back to Downtown L.A.
Sunday, June 4th, 2017
Mottek On Money (June 3, 2017)
Another record shattering week for stocks. The Dow, Nasdaq and S&P 500 rally to all time highs on the May jobs report showing the nation's unemployment rate at a 16 year low of 4.3%. Hiring came in weaker than expected at 138K fueling the idea the Fed will not be aggressive in raising interest rates this year. Some surprising results in a new Junior Achievement survey on what teens want to be when they grow up. Another rough week for many retailers with more announced store closings and a bleak outlook for malls as online shopping continues to rise.
Thursday, June 1st, 2017
Mottek On Money (May 27, 2017)
Mixed finish to another record shattering week for stocks. The Nasdaq and SP500 settle at all time highs. The Dow stands about 30 points below its all time high. History is about to be made in Beverly Hills with the grand opening of the new Waldorf Astoria Hotel. The new $200M luxury hotel is expected to give another big boost to the local economy and tourism. The motorcycle business revs up in a big way with new ways to get on a bike thanks to a Southern California based company.
Monday, May 22nd, 2017
Mottek On Money (May 22, 2017)
Stocks wrap up the most volatile week of the year with a bounce back. The Dow sees its biggest one day drop of 2017, a closing loss of 373 points, then about a 200 point recovery by the end of the week. Both the Nasdaq and SP500 came off all time highs. Drama in Washington and geopolitical worries weigh on the markets. Business confidence in LA is riding at a ten year high but business leaders have a list of concerns, according to the latest survey from LA Biz Fed. Innovation continues to drive the economy including the development of driverless car technology.
Monday, May 15th, 2017
Mottek On Money (May 13, 2017)
Tech stocks, including Apple, rally to record highs while retailers tank on disappointing sales reports. The latest economic outlook is positive for the San Gabriel Valley. LA business leaders cheer the LA Rams for boosting the local economy. Visionaries in LA finance and real estate are recognized. Author Dr. Deepak Chopra shares his views on business success. Lots of fallout expected from the world's largest cyber ransomeware attack.
Mottek On Money (May 6, 2017)
Stocks end the week at new highs on the April jobs report showing hiring up to 211K and America's unemployment rate at a ten year low of 4.4%. Markets now watching proposed policy changes in Washington on healthcare, taxes, and bank regulations. A massive infrastructure spending plan set to be rolled out soon is among topics discussed at the Milken Institute Global Conference. Sherry Lansing, the woman who broke the glass ceiling in Hollywood, shares her success story on how she became the first woman to lead Hollywood film studios.
Monday, May 1st, 2017
Mottek On Money (April 29, 2017)
Tech stocks lead the latest market rally propelling the NASDAQ to a record high above 6000. The Dow racks up its biggest weekly gain of the year on the latest earnings news and release of the Trump administration's tax overhaul plan. Marketwatch columnist Mark Hulbert says there's new thinking on the market adage "Sell in May and go away." Business and civic leaders reflect on the 25th anniversary of the L.A. riots and unresolved issues in South LA. The city of LA faces serious challenges meeting its pension obligations.
Mottek On Money (April 22, 2017)
Tech stocks lead a winning week with the Nasdaq hitting an all time high. Financial markets await results of the presidential election in France. President Trump declares he will unveil a tax reform proposal that includes a large tax cut. Mortgage rates pull back to 2017 lows. Home sales hit the highest seen in more than 10 years. It's a big week for augmented reality. Junior Achievement promotes Financial Literacy Month.
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