| Oct 16, 2013
| 10:08 AM
Southern California home prices stayed essentially flat in September, holding steady for the third straight month and providing further confirmation that the market has cooled.
The median home price dipped slightly from $385,000 in August to $382,000...
| Oct 16, 2013
| 4:54 PM
Southern California home buyers have apparently had their fill of bidding wars, home shortages and double-digit price hikes.
For the third straight month, the median home price across the Southland stayed essentially flat, at $382,000. The September...
| Oct 17, 2013
| 11:52 AM
Home prices and sales fell last month in the Bay Area as the tech-rich region mirrored a cooling trend elsewhere within the state.
The median home price in the nine-county region fell 1.9% from August to $530,000, while sales dropped 17.1% -- a...
| Oct 18, 2013
There's a phrase that has haunted America for decades, one fraught with failure: "Breaking the cycle of poverty." Despite the ongoing efforts of government and a host of private foundations, income inequality continues to grow and the poor are ever more...
| Nov 19, 2013
| 9:37 PM
NEW YORK — JPMorgan Chase has agreed to a $13-billion settlement with the government over selling shoddy mortgage investments, ending a legal battle that signals a tougher stance against Wall Street wrongdoing.
The nation's largest bank admitted to...
| Nov 20, 2013
| 1:25 PM
Corporations are increasingly spying on nonprofit groups they view as potential threats with little fear of retribution, according to a new report by a corporate watchdog group.
The large companies employ former Central Intelligence Agency, National...
| Nov 22, 2013
| 7:10 AM
WASHINGTON -- President Obama's standing with global investors plummeted over the last two months amid fiscal fights and the flawed roll-out of the healthcare reform website, with just 38% of respondents in a new poll viewing him favorably.
| Nov 21, 2013
| 6:03 PM
The Dow Jones industrial average closed above 16,000 for the first time, a testament to investors' hope that the plodding economy can gain momentum in the coming year.
The index, a gauge of 30 of the largest American companies, jumped more than 109...
| Nov 20, 2013
| 5:47 PM
Sony Corp. will address the state of its embattled movie and television studio in a five-hour meeting for investors Thursday morning at the Sony Pictures Entertainment lot in Culver City. The company is expected to discuss planned budget cuts at the...
| Nov 18, 2013
| 3:24 PM
Sony Pictures Entertainment, under pressure from activist investor Daniel Loeb, is eyeing at least $100 million in budget cuts and has hired consultancy Bain & Co. to examine the studio's expenditures, according to a source with knowledge of the matter....
| Nov 23, 2013
| 12:00 PM
NEW YORK — Month after month, Stan Wright watched impatiently as the stock market climbed higher while his money sat on the sidelines earning next to nothing.
Like many Americans, Wright, 51, yanked his savings out stocks during the 2008 financial...