Good weather and a strong Memorial Day weekend helped car buyers ignore reports of recalls, pushing car and truck sales up more than ten percent in May.
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.
SACRAMENTO (AP) — California’s Legislature has passed the state’s massive spending plan amid sharp divisions over whether the Democratic budget will further the state’s recovery or eventually return it to the multibillion-dollar deficits common during […]
Investigative reporter Charles Feldman has been taking a look at how Fullerton is recovering from both the recession and the beating to death of a homeless man nearly two years ago.
Riding a wave of new tax revenue, California’s spending plan for the coming fiscal year will rise by nearly $5 billion, a powerful indication that the state that came to symbolize fiscal mismanagement during the heart of the recession is emerging into brighter days.
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.
Even on Christmas Eve, the U.S. economy is moving closer and closer to the so-called “fiscal cliff.”
City lawmakers Wednesday cleared the way for negotiations toward the possible ownership transfer of Ontario International Airport to local officials.
A marked slowdown in the economies in China and throughout the European Union could negate any traction in statewide job growth, according to a UCLA forecast.
At a time when multiple California cities are struggling with bankruptcy and budget cuts, the third-largest city in Los Angeles County is enjoying the benefits of managing its finances.
On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
While Labor Day was established as a day of celebration for the American worker, the unemployed in Huntington Beach weren’t exactly reveling in the holiday.
The move would allow the city to ask voters to approve a proposed increase of up to a half-percent sales tax that could raise as much as $1.9 million.
As we continue to pull our way out of the recession, one of Santa Monica’s legends got its start during similar hard times.
The mayor of San Bernardino on Wednesday blamed the city’s bankruptcy filing on an economic “perfect storm” as officials warned of widespread budget cuts.