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A collection of news and information related to Credit and Debt published by this site and its partners.

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    May 22, 2013 |Story| Los Angeles Times

  1. New L.A. law on medical marijuana shops faces hazy future

    Los Angeles voters took regulation of the city's medical marijuana shops into their own hands Tuesday, embracing a ballot measure to sharply reduce the number of dispensaries in the city.
    Los Angeles voters took regulation of the city's medical marijuana shops into their own hands Tuesday, embracing a ballot measure to sharply reduce the number of dispensaries in the city. But as in all things related to pot policy, the future of the new...

    Tags: Litigation and Regulation, Crime, Law and Justice, Litigation, Voting, Health Treatments

    2. May 22, 2013 |Story| Los Angeles Times

  2. Millennials say debt stalls retirement savings

    More than half of millennials -- 54% -- <a href="http://www.businesswire.com/news/home/20130522005447/en/Millennials-Debt-%E2%80%9CBiggest-Financial-Concern%E2%80%9D-Wells-Fargo" target="_blank">surveyed</a> by a Wells Fargo &amp; Co. retirement unit said their "biggest financial concern currently" was longer-term debt, mainly student and credit card debt.
    More than half of millennials -- 54% -- surveyed by a Wells Fargo & Co. retirement unit said their "biggest financial concern currently" was longer-term debt, mainly student and credit card debt. With the cost of college continuing to rise, about 64% of...

    Tags: Career and Workplace, Wage Contract Issues, Students, Economy, Business and Finance, Ellen DeGeneres

    3. May 22, 2013 |Story| Los Angeles Times

  3. Ancient redwood forests evoke look of future in 'After Earth'

    When producers of the upcoming science fiction movie "After Earth" wanted to create an image of what the planet might look like 1,000 years in the future, location manager Dow Griffith knew just the place.
    When producers of the upcoming science fiction movie "After Earth" wanted to create an image of what the planet might look like 1,000 years in the future, location manager Dow Griffith knew just the place. He immediately thought of the mystical...

    Tags: Will Smith, Jaden Smith, Fiction, Travel, Tourism and Leisure

    4. May 18, 2013 |Story| Los Angeles Times

  4. What's in millennials' wallets? Fewer credit cards

    Ringed by the posh shops of Beverly Center, Tim Ratliff said no &mdash; he didn't have a credit card. He didn't need one.
    Ringed by the posh shops of Beverly Center, Tim Ratliff said no — he didn't have a credit card. He didn't need one. "I just hear so many horror stories about people being in debt," said Ratliff, 21, who studies psychology at Ohio State University....

    Tags: TD Ameritrade Holdings Corp., Colleges and Universities, Passenger Cars, The Ohio State University, Economy, Business and Finance

    5. May 19, 2013 |Story| Los Angeles Times

  5. On the Spot: Travelers need money alternatives when going abroad

    In last week's On the Spot column, letter writer Nancy Jones said she was going to London and expressed concern about whether her credit cards would work because they are not Chip and PIN (personal identification number). She said she didn't want to carry...

    Tags: Personal Data Collection, Football, American Express Company, Trips and Vacations, Heartland Payment Systems Incorporated

    6. May 17, 2013 |Column| Los Angeles Times

  6. How much cash should you keep on hand for emergencies?

    <strong>Dear Liz:</strong> A few years ago I finished paying off my debt and now am in the very low-risk credit category. I have savings equal to about three months' worth of bills and am working to get that to six months' worth. I'm wondering, though, about an emergency that may require me to pay in cash (such as a major power outage that disables debit or credit card systems, or the more likely event that I forget the ATM or credit card at home). How much cash should a person have on hand? Is there a magic number?
    Dear Liz: A few years ago I finished paying off my debt and now am in the very low-risk credit category. I have savings equal to about three months' worth of bills and am working to get that to six months' worth. I'm wondering, though, about an...

    Tags: Career and Workplace, Retirement, Social Security, Family, Disasters and Accidents

    7. May 17, 2013 |Story| Los Angeles Times

  7. Still jonesing for 'West Wing'? Try Danish import 'Borgen'

    Thrusting an intelligent idealist into a leadership position is a time-honored method of chronicling the corruptive nature&nbsp;of power, particularly the political variety. (Please see&nbsp;"Mr. Smith Goes to Washington") In recent years, television writers have done a bit of narrative multi-tasking by making that person a woman--in the U.S. it was "Commander in Chief," in the U.K., "The Amazing Mrs. Pritchard." For Denmark, in case you were wondering, it's "Borgen," a political drama that's caused a stir for the past several years among American critics seeking to prove that such shows need not devolve into soap, sentiment or satire. (Also that TV critics are not afraid of subtitles.)
    Los Angeles Times Television Critic
    Thrusting an intelligent idealist into a leadership position is a time-honored method of chronicling the corruptive nature of power, particularly the political variety. (Please see "Mr. Smith Goes to Washington") In recent years, television writers have...

    Tags: Religion and Belief, Ethics, Entertainment, Downton Abbey (tv program), Television

    8. May 17, 2013 |Story| Los Angeles Times

  8. Hunger strike, Yemeni dilemma could spur Guantanamo closure plans

    A 100-day-old hunger strike at the Guantanamo Bay prison for suspected terrorists has agitated international human rights advocates anew, prompting fresh calls worldwide for closure of the detention center that President Obama vowed to shutter more than three years ago.
    A 100-day-old hunger strike at the Guantanamo Bay prison for suspected terrorists has agitated international human rights advocates anew, prompting fresh calls worldwide for closure of the detention center that President Obama vowed to shutter more than...

    Tags: Religion and Belief, Crime, Law and Justice, Strikes, Islam, Human Rights

    9. May 12, 2013 |Story| Los Angeles Times

  9. On the Spot: Being smart about Chip and Pin cards

    Question: We are planning a trip to London and have heard that some of our charge and credit cards may not be accepted because they are not Chip and PIN. If that's so, what are our choices? We don't want to carry a load of cash. Nancy Jones Claremont...

    Tags: Trips and Vacations, Heartland Payment Systems Incorporated, Travel

    10. May 14, 2013 |Story| Los Angeles Times

  10. Federal deficit shrinks at surprising rate

    WASHINGTON &mdash; The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the <a href="http://www.cbo.gov/publication/44172">Congressional Budget Office said</a> Tuesday in a report that could strengthen the Obama administration's hand in the budget battles with congressional Republicans.
    WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...

    Tags: Barack Obama, U.S. House Committee on the Budget, Economic Indicator, Loans, Congressional Budget Office

    11. May 14, 2013 |Story| Los Angeles Times

  11. Jack Dorsey unveils Square Stand, new iPad point-of-sale system

    SAN FRANCISCO -- Jack Dorsey, co-founder of San Francisco payments startup Square, is making another big push to expand into larger restaurants and retailers with a sleek new point-of-sale device.
    SAN FRANCISCO -- Jack Dorsey, co-founder of San Francisco payments startup Square, is making another big push to expand into larger restaurants and retailers with a sleek new point-of-sale device. The Square Stand is made out of molded white plastic and...

    Tags: Marketing, New Products, Howard D. Schultz, Square, Inc., Computer Hardware

    12. May 14, 2013 |Story| Los Angeles Times

  12. Gov. Brown vows to take hard line on budget

    <strong>Spending 'in a wise way' | 10:53 a.m.</strong>
    Spending 'in a wise way' | 10:53 a.m. As lawmakers debate more than a dozen different plans for raising additional taxes on things like cigarettes, marijuana, and oil, California Gov. Jerry Brown said he will take a hard line with his budget. “...

    Tags: Crime, Law and Justice, Judges, Regional Authority, Jerry Brown, Justice System

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