29_35x90 knx_35x90

Economy

(credit: CBS)

Skiers, Snowboarders Rush To Slopes As Snow Falls In Local Mountains

Amid a dry winter in Southern California, fresh snow is spreading optimism in the local mountain communities.

CBS2 / KCAL9–01/31/2014

(credit: Getty Images)

SoCal Families Losing Unemployment Checks Desperate To Make Ends Meet

The end of unemployment checks for more than a million people on Saturday is driving out-of-work Americans to consider selling cars, moving and taking minimum wage work after already slashing household budgets and pawning personal possessions to make ends meet.

12/28/2013

film hollywood industry

Report: $500B Output From Hollywood, Arts Sector Eclipses Tourism Industry

The U.S. economy should be singing “Hooray for Hollywood,” according to new data from the federal government.

12/05/2013

(Photo credit: PAUL J. RICHARDS/AFP/Getty Images)

Shoppers Line Up Early For Black Friday Deals

Retailers across Southern California opened their doors early Friday for what is considered the unofficial start to the Christmas shopping season.

11/29/2013

(credit: Getty Images)

Calif. Jobless Rate Increases To 8.9 Percent

California’s unemployment rate rose for the second consecutive month in August, to 8.9 percent, even as the state added more than 29,000 jobs, the state Employment Development Department said Friday.

CBS2 / KCAL9–09/20/2013

(Getty Images)

Jobless Rate Expected To Inch Downward Despite Sluggish Housing Recovery

A slower-than-expected recovery in the housing market and looming health care reform deadlines could limit economic growth in California, according to a report released Thursday.

09/12/2013

US President Barack Obama takes a drink from a mug as host Jay Leno watches during a taping of The Tonight Show with Jay Leno at NBC Studios on August 6, 2013 in Burbank, California.  (credit: MANDEL NGAN/AFP/Getty Images)

President Obama Concludes First Day Of West Coast Trip Following Leno Appearance

Supporters and protestors alike showed up as President Barack Obama’s motorcade concluded it’s first day in the Southland at the Hilton Hotel in Woodland Hills.

08/06/2013

(Credit: Justin Sullivan/Getty Images)

Delta Airlines Brings Back Hourly Shuttle Service From LAX To SFO

Delta Airlines announced Friday that they are bringing back hourly shuttle service between LAX and SFO.

08/02/2013

Yasiel Puig #66 of the Los Angeles Dodgers hits a walk off solo home run in the 11th inning against the Cincinnati Reds at Dodger Stadium on July 28, 2013 in Los Angeles, California. The Dodgers won 1-0 in 11 innings. (credit: Stephen Dunn/Getty Images)

Sports Industry Pulled In $4.1B For LA Economy Last Year, Study Shows

Approximately 18.5 million people attended area sports events last year, ranging from major league sports like baseball and basketball, to the L.A. Marathon.

08/01/2013

KNX On Your Corner

KNX On Your Corner: World Cruise Center

Officials at the Port of L.A. say their cruise business took a real dip during the recession, but now it’s steaming back.

07/19/2013

cargo port l

Report: Cyber Attack At LA, Long Beach Ports Could Cost $1B Per Day

A new study says cyber attacks may pose the biggest threat to disrupting economic activity at ports in Los Angeles and Long Beach.

07/03/2013

(credit: Getty Images)

Calif. Unemployment Rate Falls Below 9 Percent

California’s unemployment rate fell to 8.6 percent in May, marking the first time in nearly five years the jobless number has dipped below 9 percent, the state Employment Development Department reported Friday.

CBS2 / KCAL9–06/21/2013

(courtesy UCLA CityLAB)

Westwood Village Eyes Comeback As Arts, Culture Destination

After languishing for nearly two decades, the once-vibrant Westwood Village is desperate to make a comeback.

06/18/2013

LA skyline

UCLA Forecast Predicts Job Growth, But Blasts State’s ‘Terrible’ Business Climate

Slow but steady job growth in California and across the United States will likely improve the Southland job market within two years, according to an economic forecast released Wednesday.

03/13/2013

(credit: FREDERIC J. BROWN/AFP/Getty Images)

Economist: Gas Tax Hike To Take Over $1M Out Of LA Economy

Even with gas prices well over $4 per gallon, a new tax ordered by state regulators is set to bring more pain to the pump.

03/01/2013

more

previous

Follow

Get every new post delivered to your Inbox.

Join 2,336 other followers