Trump threatens new tariffs
President-elect Donald Trump threatened China, Mexico and Canada with new tariffs.
Paramount announces layoffs
Paramount said its streaming service Paramount+ posted a $26 million profit in the 2nd quarter of this year after losing $424 million during the same period last year. It expects subscriber growth in the second half of the year.
Target cuts prices on thousands of products
Target is cutting prices on thousands of consumer basics this summer, including goods ranging from diapers to milk.
Hiring bias against Gen-Z and older workers
Who employers are not hiring is raising some eyebrows.
99 Cents Only closes all 371 stores
The company locations across California, Texas, Arizona and Nevada.
Trader Joe's hikes prices of popular food
Trader Joe's has raised the price of bananas, which have seen prices hold steady at 19 cents per banana for more than 20 years.
Man who stole over $800,000 in COVID relief fund scheme gets prison time
Robert Mirumyan admitted to overseeing a scheme that used stolen identities to apply for COVID-era unemployment insurance benefits, according to officials.
IRS to pause accepting claims for COVID-era tax credit amid fraudulent claims
The tax credit, called the Employee Retention Credit, was created to help small businesses keep paying their employees during the pandemic if they were suspended from operating.
Fauci predicts mask recommendations could come back if US sees 'significant uptick' in COVID-19 cases
Dr. Anthony Fauci said that while he does not foresee a federal mask mandate in the future, recommendations are likely if COVID-19 cases rise this winter.
Anthony Fauci ‘concerned’ people won’t comply if masking recommendations return: 'I hope' they 'abide'
Former White House chief medical adviser Anthony Fauci spoke out in defense of masking amid rising COVID cases, saying he is concerned people will not abide by recommendations.
Hotel workers picket for better pay
Guests of this five-star hotel got a different kind of greeting Wednesday. The pickets from striking hotel workers filled the sidewalk from the Beverly Hilton on the north to the Waldorf Astoria to the south.
LA Times laying off 13% of staff
The Los Angeles Times confirmed it will lay off more than 10% of the newsroom.
Biden: 'Crisis averted' in debt ceiling deal
President Joe Biden breaks down what the American public needs to know regarding the debt ceiling deal he plans to sign Saturday.
Summer job tips for teens, parents
Dan Roccato shares summer job tips for teens and their parents.
Budget deficit at $32B, Newsom says
California Governor Gavin Newsom said the state’s challenges are partly due to high inflation and a decision to let most people delay filing their taxes because of a series of winter storms.
Daniel Roccato discusses the job market for new grads
It’s graduation season and millions of young adults are set to be hit with a dose of reality.
Tax deadline extended to October for most Californians
Just seven of 58 California counties have taxes due today after the state extended the tax filing deadline for most to October 16 due to the severe flooding from recent winter storms.
Ports of LA, Long Beach closes for 2nd day amid labor shortage
The ports of Los Angeles and Long Beach are closed for another day as they deal with worker shortages.
LA County ending eviction moratorium after 3 years
Tenants in Los Angeles County will no longer be covered under the COVID-19 eviction protections.
Day 2 of LAUSD worker strike taking place Wednesday
No new negotiations took place Tuesday, paving the way for Day 2 of LAUSD worker strike Wednesday.