| Oct 17, 2013
| 5:51 PM
WASHINGTON — In the grand scheme of the $16-trillion U.S. economy, the nearly three-week government shutdown and standoff over the debt ceiling may not look like much. Analysts estimate the loss at tens of billions of dollars, and reckon that much...
| Sep 27, 2013
| 6:30 AM
Veteran Hollywood executive Tom Sherak has a new role: Los Angeles film czar.
Los Angeles Mayor Eric Garcetti on Thursday appointed Sherak to be his senior film advisor and help stem the flow of production that has taken a toll on the city's signature...
| Oct 14, 2013
| 4:09 PM
Robert Marcum knew he had a problem when he found out he was dead.
The tragic news arrived recently as he was trying to close a deal to buy property in Palm Springs. Marcum, 70, was informed that, according to his credit file, he'd passed away a...
| Sep 26, 2013
| 5:01 PM
Holders of Chase bank's popular Sapphire credit card may be wondering why they'll soon be on their own when it comes to keeping fraudsters at bay.
"Please note that ID Theft Coverage will be canceled," Chase has notified Sapphire cardholders. "All...
| Sep 24, 2013
| 1:03 PM
WASHINGTON -- A federal government shutdown or a failure to raise the debt limit -- both of which could happen next month -- would disrupt financial markets and hurt the U.S. economy, Moody's Investor Services warned Tuesday.
A stalemate over increasing...
| Sep 25, 2013
As part of the stopgap spending bill that would "defund Obamacare," House Republicans have proposed a temporary exemption to the debt limit, ostensibly to prevent the government from defaulting on Treasury securities. But the exemption would protect...
| Sep 23, 2013
| 1:00 PM
Leave it to New York City Mayor Michael Bloomberg to use the 65th Annual Primetime Emmy Awards to plug his city as a film destination.
“The 65th Annual Primetime Emmy Awards have recognized some of the most talented people in the production...
| Sep 20, 2013
| 8:16 PM
Dear Liz: I have $40,000 in credit card debt due to home healthcare I had to provide for my mom, who lived with me for six years before she passed away in 2011. I filed a Veterans Affairs claim on her behalf but just got a VA check for $344 with no...
| Sep 20, 2013
Five years ago, this week, the world of finance and economics changed forever.
At least that's the story.
It started with a sad milestone in Wall Street history: the fall of the House of Lehman.
Between Sept. 13 and Sept. 20, 2008, Lehman Bros., the...
| Oct 16, 2013
| 10:28 AM
Jose says his girlfriend added him to her credit card a few years ago. She proceeded to run up $40,000 in debt, which she didn't pay off.
The couple broke up. Now Jose says he's got creditors knocking at his door demanding payment for his ex's...
| Sep 19, 2013
| 5:45 PM
Michael Barr served as the U.S. Treasury Department's assistant secretary for financial institutions in 2009 and 2010. He oversaw the Obama administration's dealings with Congress in creating the Consumer Financial Protection Bureau.
And he's still...