A new report says California’s economy is expected to continue its steady recovery and predicts the state unemployment rate will drop nearly two full percentage points by the end of 2016.
Economists say Southern California could be on an economic “collision course” fueled by low-paying jobs that offer little opportunity for upward mobility.
One leading Orange County economist is predicting this Christmas shopping season could mark the best since the end of the recession.
Rents in Los Angeles and Orange Counties, already considered to be rather pricey, are expected to become more expensive.
Thousands of hotel employees in Los Angeles will learn Wednesday whether or not they will receive an increase in wages, as the City Council considers a law that would require big hotels to pay all workers a minimum of $15.37 per hour.
California’s economy will continue to show steady but unremarkable growth in the months ahead, according to a UCLA economic forecast released Thursday.
After Mayor Eric Garcetti announced his hopes of increasing LA’s minimum wage over the next three years, the plan was met with large amounts of both support and opposition.
The Costa Mesa-based parent company of the Elephant Bar casual dining chain has filed for bankruptcy and is closing 16 restaurants nationwide, officials announced this week.
Oil industry analysts are warning a brewing civil war between Islamic militants in Iraq could potentially send gas prices soaring here in the Southland.
Researchers say California’s drought could cost the state’s agricultural economy $1.7 billion this year and leave more than 14,000 farmworkers without work.
Two Los Angeles city officials took a whirlwind tour of the Warner Center and other surrounding neighborhoods Monday to talk economic revitalization.
A rock-and-roll music legend will be among those on hand Friday for commencement ceremonies at the University of Southern California.
Gov. Jerry Brown is getting ready to update his spending plan for the coming fiscal year, a budget that is bolstered by California’s economic turnaround and voter-approved tax hikes.
Businesses around Staples Center are bracing for a big weekend with four playoff games scheduled in as many days.
The move would be a huge blow to California’s economy.