Top Headlines
The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed in August as employers added the fewest jobs since the pandemic began.
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Here’s a look at the priciest and cheapest homes in the charming beach neighborhood of Venice.
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Hugo Balta issues a video statement that calls exclusion of Latinos at the moderators’ table “preposterous.”
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The Trump administration is plainly counting on a vaccine for COVID-19 becoming approved by the Nov. 3 election, in the expectation that news of the discovery will inspire a tide of public optimism that will sweep Trump to reelection.
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The S&P 500 fell 3.5%, the biggest decline for stocks since early June, when investors were dealing with a surge of coronavirus infections in places like Florida, Texas and Arizona.
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The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.
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After months of run-up, Tesla shares saw their largest three-day drop since mid-March amid a broader Nasdaq pullback.
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To cope with what it expects to be an unprecedented level of e-commerce activity from shoppers worried about the coronavirus, FedEx will boost its workforce 27% above 2019’s holiday peak.
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Deferring to developers, Apple is delaying the rollout of a feature that would require apps to explicitly ask users to grant permission to collect and share data about their online behavior.
A survey of 67 workers highlighted the issues faced by people of color, women and LGBTQ people in the tech industry.
The coronavirus-related closures hurt many small businesses. But before that, Black-owned businesses already faced hurdles in getting financing.
Beneath the fury over George Floyd’s death lie longstanding economic inequities that have plagued California’s 2.6 million black people.
Hollywood has worked to increase diversity in its lowers ranks. But the top writing jobs in film and TV still largely go to white men.
Demand is increasing for multi-month stays at luxury resort properties and urban hotels, as wealthy people look to shelter remotely in style.
United, Delta and American patted themselves on the back for getting rid of $200 change fees. So why did they charge them in the first place?
Congressional investigators say they have identified possible fraud and abuse in the Trump administration’s coronavirus relief program.
When SB 616 was signed into law last year, it was intended as a safety net for low-income households. The pandemic has changed that.
At the end of a legislative session marked by the COVID-19 pandemic, legislators passed a series of bills to provide protections for those affected by the coronavirus.
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Can you get fired if you don’t return to the office because of coronavirus concerns? Yes — but with a lot of caveats. Here are some strategies and legal protections.
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Fannie Mae and Freddie Mac’s move will provide some relief for people dealing with economic pain from the COVID-19 pandemic.
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Many homeowners who delay mortgage payments through forbearance plans will be allowed to make missed payments when the home is sold or the loan term is over.
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Millions of homeowners have signed up for mortgage forbearance programs. But there is confusion and concern over how they will pay back what they owe.
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Job seeking in an uncertain economy is difficult enough. Throw in fears of contracting the coronavirus, home quarantines and hiring freezes, and the hunt becomes harder.
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If you’re having second thoughts about a dorm room or off-campus apartment you signed up for, you may have options. Here are ways to potentially get out of your lease or cancel your contract.
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Many people are better off paying down their debt on their own rather than taking out another loan.
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Liz Weston, Certified Financial Planner, is a personal finance columnist for the Los Angeles Times and NerdWallet.
Actress Karen Sillas and producer-writer Ivan Menchell have listed their longtime Craftsman home in Brentwood for $3.85 million.
Oscar-nominated actor Demián Bichir just sold his 1950s Midcentury home in Sherman Oaks for $2.32 million.
Singer-songwriter Natasha Bedingfield has sold her Spanish-style home in Hollywood Hills for $2.538 million, nearly $300,000 over her asking price.
Take a look homes with more than 3,000 square feet for about $500,000 in Winchester, Hemet and Lake Elsinore in Riverside County.
Grammy-nominated singer-songwriter Elle King is asking $1.665 million for her three-story home with romantic outdoor spaces in Hollywood Hills.
Company Town
Ann Sarnoff’s elevation at WarnerMedia came amid a shakeup following the disappointing launch of HBO Max.
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Spoiler alert: They are all on Netflix. But it demonstrates audiences are still discovering established network shows through streaming.
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One of Hollywood’s biggest shoots during the pandemic has been shut down after lead actor Robert Pattinson tested positive for COVID-19 on set.
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A cultural nerve was struck when it was announced that “Tony Hawk ‘s Pro Skater 1 + 2” would be remastered. Hawk even renamed a trick for the game that instantly dominated social media talk.
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As ‘Tenet’ begins its U.S. debut and California inches toward reopening, some moviegoers are less concerned than others about returning to theaters.
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You don’t want to wait until the evacuation order to figure out your insurance situation. Plus, a reader question on whether house cleaners can safely return to work.
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John Legend, Chrissy Teigen and Priscilla Presley are among this week’s real estate dealmakers.
Most Read
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Thousands of American teachers depend on GoGoKid as a stable source of income. But the company is owned by Bytedance, TikTok’s Chinese parent company.
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Aetna wrongly denied payment for ER visits 93% of the time, California finds
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Demand is increasing for multi-month stays at luxury resort properties and urban hotels, as wealthy people look to shelter remotely in style.
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The U.S. unemployment rate fell sharply in August to 8.4% from 10.2% even as hiring slowed in August as employers added the fewest jobs since the pandemic began.
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The Polestar 2 is the first car that could pose a real challenge to Tesla’s dominance of the electric car market. And it’s a joy to drive.
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Supercar designer Steve Saleen says Chinese shareholders seized his company and stole trade secrets. Chinese media portray the venture as a bust.
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Tesla Inc. is splitting its elevated shares in a 5-for-1 exchange, a move timed to make the stock less expensive for individual investors.
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Arch Motorcycle outfits its bikes with all kinds of high-end features and custom components. Among the most innovative: the catalytic converters.
More Business News
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General Motors Co. and Honda Motor Co. are laying the groundwork for a deeper partnership in North America to jointly develop gasoline engines and crossover SUVs, seeking to cut costs as the auto industry moves toward electric vehicles.
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Juul has already cut its workforce about 40% and halted global expansion. The e-cigarette giant is considering leaving more markets in Europe and Asia.
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Well-intentioned climate policies don’t necessarily create good jobs. UC Berkeley researchers have some ideas for California.
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The latest unemployment figures suggest the economy is still struggling to recover and rebuild a job market devastated by the coronavirus.
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With two months left until the presidential election, Facebook says it is taking additional steps to encourage voting and minimize misinformation.
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The idled Las Vegas Monorail is being bought by the local tourism authority, which plans to arrange the system’s second Chapter 11 bankruptcy.
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United Airlines plans to furlough workers in 16,370 jobs next month as it shrinks operations in response to the steep decline in travel demand amid the COVID-19 pandemic.
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The Dow Jones industrial average surged more than 450 points Wednesday as the stock market notched its best day in nearly two months.
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The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus.
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The Trump administration is debating the scope and effective date of its bans on Chinese social media apps WeChat and TikTok and will make its decisions public later this month.
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Talent agency UTA reinstated full pay for workers who had pay cuts as a result of the pandemic-triggered downturn and laid off some of its furloughed employees.
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California lawmakers say there is growing evidence of possible widespread fraud in the state’s unemployment benefits system, which is overseen by the Employment Development Department. The news comes as Californians report stalled jobless benefits from the COVID-19 pandemic.
More California Business
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California could become the first state to develop its own line of generic drugs if Gov. Gavin Newsom signs a bill approved by the legislature Monday.
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A bill would provide millions of employees who work for smaller businesses with 12 weeks of job protections while taking family leave.
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California lawmakers on Sunday sent the governor a bill that would require greater diversity on corporate boards in the state, saying the shortage of people of color is a hurdle to racial justice.
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Newsom takes a more cautious and stringent four-tier approach than his first reopening effort. ‘We’re going to be more stubborn this time,’ he says.
More Coverage
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Millions of Californians who are out of work during the COVID-19 pandemic will soon receive a $300 weekly supplemental unemployment benefit starting retroactive to Aug. 1, state officials said Monday.
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For 10 years, downtown L.A. was booming with a youthful, renegade vibe. The coronavirus puts those hard-won gains at risk.
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California lawmakers introduced a proposal to extend a fee on utility customers to pay for wildfire response and mitigation projects.
More Coverage
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Some just got out of prison; others came off the streets. They are practically unemployable. But thanks to COVID-19, an L.A. nonprofit is able to put them to work at hotels taken over to house the homeless during the pandemic.
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A felony doesn’t preclude you from claiming Social Security if you work enough years to qualify for benefits. Also: backdoor Roth IRA contributions, 2020 taxes and stimulus money.
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Waiting to take Social Security makes sense no matter how much you’re earning. Also: Keeping money away from creditors in retirement accounts.
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You’re allowed to have multiple 401(k) accounts. But it’s best to combine them. Also: The Social Security ‘child benefit’ complicates retirement planning.
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A reverse mortgage is one option to ease financial hardships caused by coronavirus-driven job loss.
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A tour guide has no work and lots of bills. Is a roommate the answer? Also: returning a stimulus check; balancing disability with retirement benefits.
