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.
The economic futures of Los Angeles County and California at large could be headed down very different paths.
That pain you may be feeling at the gas pump is bringing some much-needed paper to the coffers at City Hall.
Economists say an increase in the number of jobs created in September and October is unlikely to offset the bigger economic picture.
Governor Jerry Brown is ready to offer his latest solution on how to drum up cash for the state of California.
The gloomy report amplifies fears the state will have no choice but to impose deeper budget cuts this winter.
Mayor Antonio Villaraigosa wants to make permanent the policy of giving new businesses a three-year holiday from municipal taxes.
Occupy LA announced its solidarity with a grassroots movement that began its second week in New York on Monday.
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.
More Americans than ever are going without the basics of life with nearly 46 million families living at or below the poverty level.
If you thought summertime was still too early to stock up on trick-or-treat candy for Halloween, how about Christmas shopping in September?
Firefighters maintain that the old wood shake roofs constitute a fire hazard, but at least one council member questions whether the ban should still be enforced in these tough economic times.
Dr.Larry Harris, Fred V. Keenan Chair in Finance at the USC Marshall School of Business, visited the KCAL 9 studios Thursday to talk about the recent decline in the stock market.
From restaurants to vacation resorts, families with small children are finding it harder than ever to go out on the town.
As the U.S. economic recovery begins to show signs of slowing, more Americans are facing mounting debt totals while their pocketbooks continue to shrink — and minorities may be the hardest hit.