UCLA Anderson Forecast: Coronavirus Plunges US Into Recession, California Will Be Severely HitThe revision is the first in the forecast’s 68-year history where an update was published between its scheduled quarterly releases.
Paying More Green: Christmas Tree Shortage Leads To Sticker Shock This Holiday SeasonThe National Christmas Tree Association says we're still feeling the effects of the Great Recession.
SoCal Homeowners Should Brace For Possible Boost In Home Equity PaymentsAt the height of the housing bubble a decade ago, a home equity line of credit seemed like an answer to a prayer.
Low-Paying Jobs, Lack Of Mobility Putting SoCal On Economic 'Collision Course'?Economists say Southern California could be on an economic "collision course" fueled by low-paying jobs that offer little opportunity for upward mobility.
Some Fear Auto Industry Returning To Bad HabitsAs the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road.
May Car Sales Return To Pre-Recession LevelsGood 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.
SoCal Families Losing Unemployment Checks Desperate To Make Ends MeetThe 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.
Calif. Legislature Passes $96.3B Democratic Budget
KNX On Your Corner: Fullerton Investigative Report 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.
Brown Says It's The First Time In Years Lawmakers Won't Need To Make Massive CutsRiding 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.
'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.
Looming 'Fiscal Cliff' A Growing Concern Among Holiday Shoppers In SoCalEven on Christmas Eve, the U.S. economy is moving closer and closer to the so-called "fiscal cliff."
LA City Council Signals Shift Toward Sale Of Ontario Airport City lawmakers Wednesday cleared the way for negotiations toward the possible ownership transfer of Ontario International Airport to local officials.
Report: China, EU Slowdown Threatens Gains In Housing, Tech Jobs 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.
S&P Upgrades Santa Clarita To AAA Credit RatingAt 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.