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1 In 4 Students Default On For-Profit Loans, But Do They Even Care?

A new survey shows most college students may not be too concerned that they could be in for decades of debt servitude, despite the high risk of defaulting on their loan.



Lawmaker: Tax Hike On Super-Rich To Restore Reagan Era In California

Assemblywoman Nancy Skinner wants to capitalize on what she calls “very high” levels of support for targeting the highest tax brackets in the state.

KNX 1070 NEWSRADIO–05/31/2011

82-year-old "Harriet Wilson" - who did not want to give her real name - is dealing with estate planning and paying for care of her ill 88-year-old husband. (credit: Charles Feldman)

The Costs of Elder Care: The Race Against Time

By Charles Feldman KNX 1070 Investigative Reporter LOS ANGELES (CBS) — Burbank resident Von Johnson, 56, is finding out what more and more adult children are learning as they navigate the often turbulent waters of […]

KNX 1070 NEWSRADIO–05/12/2011

Montebello mayor Art Barajas (courtesy

Mayor: Montebello Layoffs Unlikely Despite Cash Crunch

Mayor Art Barajas says the city will be able to meet payroll and does not expect any layoffs in spite of a looming cash flow crisis.

KNX 1070 NEWSRADIO–03/30/2011

(AP Photo/Jose Luis Magana)

Fed To Name Banks That Received Emergency Loans

The Federal Reserve plans to release documents on Thursday identifying financial companies that received Fed loans to survive the financial crisis.


(Photo by Rocky Widner/NBAE via Getty Images)

Money 101: Peter Guber

Peter Guber, film producer and executive, shares his winning tips to getting the most out of whatever you do in life.


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Money 101: Financial Fallout From Egypt

Ken Winans looks at the impact Egypt and other foreign political developments could have on U.S. markets.


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‘Financial Vows’ For Valentine’s Day

Some suggestions: decide once and for all what’s “Yours,” “Mine,” and “Ours”, and cut down on how much you’ll give to Uncle Same by preparing your tax return as “married filing jointly”.


(credit: CBS)

Banking With The Enemy? More Couples Cop To Financial Cheating

Everybody knows the love of money is the root of all evil, but a new study suggests Americans may love their money even more than their spouse.


Financial Cash Illegal pension

County CEO: Budget To Hurt LA Welfare-To-Work Families

The top financial official in LA County says he’s worried some of the most vulnerable families in the county will be hardest hit by the new budget plan.


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Beck Downplays Fallout From Potential LAPD Gang Unit Exodus

A standoff with officers over financial disclosure forms won’t affect the department’s response ability, according to LAPD Chief Charlie Beck.


(Credit: AP)

Waters: Taxpayers Cheated On Fannie, Freddie ‘Giveaway’

Waters, a senior Democrat on the House Financial Services Committee, said the settlement “may amount to a backdoor bailout that props up the bank at the expense of taxpayers”.


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LAPD Unlikely To Cut Jobs Amid Budget Crisis

Both the city’s mayor and police chief the need to maintain 9,963 police officers as Los Angeles faces a huge cash crunch.


No Money for College?

California Sounds Alarm on College Finances

As millions of Southland college students get set to head back to school, the heads of all three California school systems have issued a dire warning.