(credit: CBS)

Duarte Nears Fiscal Emergency, But Downplays Bankruptcy Fears

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.


KNX On Your Corner

KNX On Your Corner: Santa Monica Blue Bus

As we continue to pull our way out of the recession, one of Santa Monica’s legends got its start during similar hard times.


(credit: CBS)

Mayor: ‘Perfect Storm’ Led To San Bernardino Bankruptcy

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.


(credit: CBS)

Hundreds Of Veterans Turn Out For ‘Hiring Our Heroes’ Job Fair

Hundreds of veterans who just finished their tours or have been out of the military for years turned out in droves for a job fair held at Dodger Stadium Thursday.


Beauty On A Budget

Pamper Yourself For Less

Keeping up a beauty regimen can get costly at the high-end spas. But CBS2’s Sibila Vargas found some affordable beauty deals through the Southland that allow for indulgence without breaking the bank.


(credit: CBS)

Villaraigosa To Call For Layoffs Of City Workers

Mayor Antonio Villaraigosa announced Thursday that he will call for layoffs of city workers as part of his budget next month, but wouldn’t specify how many jobs would be slashed.


(credit: Getty Images)

Report: 500K Calif. Jobs Returning, But LA County Expected To See Smaller Boost

The economic futures of Los Angeles County and California at large could be headed down very different paths.

KNX 1070 NEWSRADIO–02/15/2012

(credit: Justin Sullivan/Getty Images)

Surging Gas Prices A Pain For Drivers, Windfall For Struggling SoCal Cities

That pain you may be feeling at the gas pump is bringing some much-needed paper to the coffers at City Hall.

KNX 1070 NEWSRADIO–01/23/2012

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UCLA Forecast Downplays Economic Recovery Hopes Despite Surge In Jobs

Economists say an increase in the number of jobs created in September and October is unlikely to offset the bigger economic picture.

KNX 1070 NEWSRADIO–12/07/2011

(credit: Justin Sullivan/Getty Images)

Source: Brown To Call For Higher Taxes On Wealthy, Sales Tax Hike

Governor Jerry Brown is ready to offer his latest solution on how to drum up cash for the state of California.

KNX 1070 NEWSRADIO–12/01/2011

(credit: Justin Sullivan/Getty Images)

Plunge In Tax Revenue May Force Calif. To Cut Public Safety, School Funding

The gloomy report amplifies fears the state will have no choice but to impose deeper budget cuts this winter.

KNX 1070 NEWSRADIO–11/10/2011

Mayor of Los Angeles Antonio Villaraigosa (credit: GABRIEL BOUYS/AFP/Getty Images)

Villaraigosa Pushes For Permanent Tax Holiday For LA Businesses

Mayor Antonio Villaraigosa wants to make permanent the policy of giving new businesses a three-year holiday from municipal taxes.

KNX 1070 NEWSRADIO–10/25/2011

(credit: CBS)

‘Occupy LA’ Protesters Rally Against Corporate ‘Greed’, Poverty

Occupy LA announced its solidarity with a grassroots movement that began its second week in New York on Monday.

CBS2 / KCAL9–10/03/2011


Report: Record Number Of Americans Skipping Doctor, Meds To Save Cash

If you’re like nearly half of all Americans, you have likely put off going to the doctor or picking up your prescription in order to save some money.

KNX 1070 NEWSRADIO–09/27/2011

(credit: Spencer Platt/Getty Images)

Number Of Americans Living In Poverty Highest On Record In 2010

More Americans than ever are going without the basics of life with nearly 46 million families living at or below the poverty level.

KNX 1070 NEWSRADIO–09/13/2011