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Economy

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

A new effort is underway to reframe the cultural resources in Westwood Village as  key to the neighborhood's rebirth as an arts-and-culture district. (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

(credit: Amber Lee)

$5 Gas Returns To Southland

Gas prices in Southern California rose again on Monday, leaving some drivers paying over $5.00 per gallon.

02/18/2013

(Photo credit: Kevork Djansezian/Getty Images)

Poll: Half Of Californians Optimistic About 2013

Angelenos and residents throughout California are more optimistic about the state’s economic prospects than at any time since the recession in 2007, according to a survey released Thursday.

01/31/2013

(credit: Robyn Beck/AFP/Getty Images)

LAX Sees Increase In Passenger Traffic

If you fly in and out of Los Angeles International Airport, you’re not alone.

CBS2 / KCAL9–01/28/2013

(Photo by Justin Sullivan/Getty Images)

Calif. Citrus Crop ‘In Very Good Shape’ Despite Sub-Freezing Temps

A citrus industry analyst estimates that despite a $21 million weekend, California’s crops are in “excellent quality.”

01/15/2013

(credit: David McNew/Getty Images)

Tourists Visiting Disneyland, Beaches Help Boost OC Economy

Thousands of tourists visiting Orange County for its beautiful beaches and (of course) Disneyland are helping to boost the local economy.

CBS2 / KCAL9–01/02/2013

President Obama and House Speaker John Boehner. (credit: Pool/Getty Images News)

‘Fiscal Cliff’ Deal Brings Some Relief To Calif.

The deal in Washington to avoid the “fiscal cliff” will bring a reprieve to California’s slowly rebounding economy, but uncertainty remains in part because Congress delayed action on federal spending cuts.

CBS2 / KCAL9–01/02/2013

Thousands of tourists are expected to visit Pasadena during the Rose Bowl and Rose Parade. (credit: CBS)

Tourists Expected To Boost Economy During Pasadena Rose Parade, Bowl

The thousands of tourists expected to visit Pasadena during the Rose Parade and the Rose Bowl are predicted to bring millions to the cash-starved local economy.

CBS2 / KCAL9–12/28/2012

(credit: ROBYN BECK/AFP/Getty Images)

Looming ‘Fiscal Cliff’ A Growing Concern Among Holiday Shoppers In SoCal

Even on Christmas Eve, the U.S. economy is moving closer and closer to the so-called “fiscal cliff.”

12/24/2012

unemployment

UCLA Forecast: Slow Job Growth, Unemployment To Linger Into 2013

A sluggish economic recovery, recession risks in the global economy, and the passage of Proposition 30 may keep the state unemployment rate from dropping next year.

12/05/2012

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