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    Mar 5, 2013 |Story| Los Angeles Times
  1. Home prices up 9.7% year-over-year in January, CoreLogic reports

    WASHINGTON -- U.S. home prices rose 9.7% in January from a year earlier, the biggest increase since 2006, a real estate data analysis firm reported Tuesday.
    WASHINGTON -- U.S. home prices rose 9.7% in January from a year earlier, the biggest increase since 2006, a real estate data analysis firm reported Tuesday. Southern California was among the best performing regions in the country, according to Irvine-...

    Tags: Foreclosures, Real Estate

  2. Mar 4, 2013 |Story| Los Angeles Times
  3. Get ready for likely gas price increase when California taxes go up

    It's probably the last thing that California motorists want to hear: the state's excise tax on gasoline will rise by 3.5 cents a gallon on July 1.
    It's probably the last thing that California motorists want to hear: the state's excise tax on gasoline will rise by 3.5 cents a gallon on July 1. The increase will take the state's excise tax to up to 39.5 cents a gallon for every gallon of gasoline...

    Tags: Gasoline Industry, Petroleum Industry, Crime, Law and Justice

  4. Mar 1, 2013 |Story| Los Angeles Times
  5. Toyota releases convertible concept of GT86 ahead of Geneva

    Almost since the day Toyota and Scion debuted the FR-S sports car, there was conjecture that a convertible version would eventually follow. On Friday, the drop-top's prospects got a lot better.
    Almost since the day Toyota and Scion debuted the FR-S sports car, there was conjecture that a convertible version would eventually follow. On Friday, the drop-top's prospects got a lot better. Toyota's UK office announced it would be bringing the FT-...

    Tags: Scion, Subaru, Passenger Cars, Toyota, Ford

  6. Mar 1, 2013 |Story| Los Angeles Times
  7. Volkswagen to unveil 261-mpg car at Geneva Motor Show

    Volkswagen plans to bring a 261-mpg production car to the Geneva Motor Show next week. Unfortunately, the company won't be bringing it to the U.S.
    Volkswagen plans to bring a 261-mpg production car to the Geneva Motor Show next week. Unfortunately, the company won't be bringing it to the U.S. Ever. That's the official word on the two-seat, carbon-fiber, plug-in hybrid. However, the featherweight...

    Tags: Hybrid Vehicles, Toyota, Volkswagen, Prius, Fuel-efficient Vehicles

  8. Feb 28, 2013 |Story| Los Angeles Times
  9. California gas prices peak; pump pain changes U.S. driving habits

    California gasoline prices may have already peaked for the first half of the year and should head lower soon, analysts said.
    California gasoline prices may have already peaked for the first half of the year and should head lower soon, analysts said. Meanwhile, nationwide gasoline price averages over the first two months of the year rose at such a blistering rate that...

    Tags: Economy, Business and Finance, Energy Saving, Market and Exchange, Gasoline Industry, Commodity Markets

  10. Feb 27, 2013 |Story| Los Angeles Times
  11. J.C. Penney reports another loss in fourth quarter; sales slide 28%

    J.C. Penney Co. is falling deeper into a rut, reporting yet another quarter of tanking sales and net loss as the department store chain struggles in its reinvention.
    J.C. Penney Co. is falling deeper into a rut, reporting yet another quarter of tanking sales and net loss as the department store chain struggles in its reinvention. The Plano, Texas, company reported a net loss of $552 million, or $2.51 a share, in its...

    Tags: Martha Stewart, Quarterly or Semiannual Financial Statements, JC Penney Company Inc., Sears, Target

  12. Feb 21, 2013 |Story| Los Angeles Times
  13. Median home price posts biggest gain since 2005, Realtors say

    One measure of national home prices rose last month with a vigor not seen since the bubble days as the number of foreclosed homes and other distressed properties on the market shrank.
    One measure of national home prices rose last month with a vigor not seen since the bubble days as the number of foreclosed homes and other distressed properties on the market shrank. The median sales price for previously owned U.S. homes rose 12.3%...

    Tags: Foreclosures, Inventories, Services and Shopping, Real Estate Sellers, Real Estate Sales

  14. Feb 22, 2013 | Los Angeles Times
  15. Sony’s PS4 presentation leaves gamers with questions, few answers

    Hero Complex - movies, comics, pop culture - Los Angeles Times
    CRITIC’S NOTEBOOK On Wednesday evening in New York, Sony threw one of the biggest magic shows of the year. “PlayStation ......
  16. Feb 22, 2013 |Story| Los Angeles Times
  17. Fewer Americans are stuck in underwater mortgages

    Nearly 2 million Americans got out of negative equity positions as home prices rose last quarter, according to new estimates.
    Nearly 2 million Americans got out of negative equity positions as home prices rose last quarter, according to new estimates. Negative equity fell to 27.5% of all U.S. homeowners with mortgages in last year's fourth quarter, compared with 31.1% during...

    Tags: Inventories, Mortgages, Services and Shopping, Financial and Business Services, Real Estate

  18. Feb 21, 2013 |Story| Los Angeles Times
  19. Inflation remains tame, but so do gains in earnings

    WASHINGTON -- Despite worry in some corners about the Federal Reserve's stimulus efforts stoking inflation, there continues to be little indication that consumer prices are heading higher.
    WASHINGTON -- Despite worry in some corners about the Federal Reserve's stimulus efforts stoking inflation, there continues to be little indication that consumer prices are heading higher. The consumer price index was flat in January for the second...

    Tags: Federal Reserve, Economy, Business and Finance, Market and Exchange, Inflation and Deflation, Consumers

  20. Apr 4, 2013 |Story| Los Angeles Times
  21. Bank of Japan unveils bold plan to lift economy, combat deflation

    Japan's central bank took a massive bet to reset its economy and pull out of nearly two decades of deflation.
    Japan's central bank took a massive bet to reset its economy and pull out of nearly two decades of deflation. The Bank of Japan announced an aggressive and ambitious plan Thursday to expand its purchase of long-term bonds and double the amount of...

    Tags: Federal Reserve, General Motors Corp., Sales, Central Bank, Electronics

  22. Apr 2, 2013 |Story| Los Angeles Times
  23. Social Security cutters distort 'accuracy' of chained CPI, again!

    Ed Lorenzen, a representative of a clutch of Washington groups aiming to cut Social Security benefits for you and me, <a href="http://www.latimes.com/news/opinion/opinion-la/la-ol-social-security-chained-cpi-20130402,0,639063.story" target="_blank">takes issue</a> with my recent blog post calling out one of their "reforms" as a <a href="http://www.latimes.com/business/money/la-fi-mo-chained-cpi-20130322,0,3050353.story" target="_blank">stealthy, and deceitful, benefit cut</a>.
    Ed Lorenzen, a representative of a clutch of Washington groups aiming to cut Social Security benefits for you and me, takes issue with my recent blog post calling out one of their "reforms" as a stealthy, and deceitful, benefit cut. Lorenzen even...

    Tags: Social Security, Economy, Business and Finance, Market and Exchange, Inflation and Deflation, Consumers

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