SNAP food aid enrollment drops 13% as new federal work requirements take effect

Supplemental Nutrition Assistance Program enrollment fell by more than 13% in one year following expanded federal work requirements and administrative shifts.

Walmart says it will use billions in tariff refunds to keep prices low

Walmart said it received nearly $2.9 billion in tariff refunds and plans to use some of it to support lower prices for shoppers, while the refunds also provided a significant boost to quarterly operating income.

US national debt surpasses record $40 trillion

The national debt for the United States has now surpassed $40 trillion for the first time in history. 

Proposed Paramount-Warner Bros. merger risks 4,500 LA film and TV jobs, report warns

A Los Angeles County report warns a proposed Paramount Skydance and Warner Bros. Discovery merger threatens 4,500 direct film and TV jobs and $4.06 billion in economic output.

US pauses 50% tariffs on Canadian imports after last-minute deal

The proposed tariffs, which would have gone into effect at 12:01 a.m. on Wednesday, would have covered around 5% of the goods Canada ships to the U.S. each year.

US credit card debt hits $1.26 trillion as delinquencies rise: What you can do

A rise in delinquent credit card payments is “prompting concerns that Americans are falling behind on their debt payments at rates not seen since the Great Recession," the New York Fed says.

Major supermarket chain closes at least 39 stores as nationwide overhaul takes shape

Kroger has closed at least three dozen stores since announcing plans last year to shutter 60 locations that were not "delivering sustainable results" by the end of 2026. 

New Social Security COLA estimates released after fresh inflation data

Social security recipients are on track to receive a larger cost-of-living adjustment in 2027, with early estimates coming in between 3.2% and 3.6%, according to a new analysis released after fresh inflation data. 

Bonta slams Paramount relocation threat over Warner Bros. merger as 'blackmail'

California AG Rob Bonta calls Paramount's alleged threat to leave California over its stalled Warner Bros. merger "blackmail" as a federal antitrust trial looms for March.

New study reveals Americans feelings on free enterprise, capitalism and socialism

A new poll offers insight into how Americans view different economic systems, highlighting public consensus and division over the trade-offs, benefits, and disadvantages of each approach.

These states have the most underprivileged children, study finds

A new WalletHub study ranks the states where underprivileged children face the greatest challenges, based on factors including poverty, health and education.

Christy's Foundation helping Angelenos navigate thru U.S. hunger crisis
video

FOX 11 was joined by Christy's Foundation founder Christy Dawson as her organization provides free groceries every Thursday. More info and how you can help: https://christysfoundation.org/

25 states sue to stop Trump administration’s latest tariffs

Twenty-five states have filed a lawsuit to block the most recent round of tariffs announced by the Trump administration.

The worst states for having a baby in 2026, according to data

New data ranked the best and worst states to have a baby in 2026. See which states made the top and bottom of the list.

California to raise minimum wage in 2027

California Governor Gavin Newsom announced a statewide minimum wage increase to $17.40 per hour starting January 1, 2027, driven by annual inflation adjustments.

Cyclospora outbreak: Restaurants seeing slump in sales after removing lettuce from menus

Restaurant chains and local eateries are grappling with a dip in customer foot traffic and inventory challenges after a massive cyclospora outbreak linked to shredded lettuce.

Fed holds key interest rate steady. Here's what It means for your wallet

The Federal Reserve is expected to leave the key interest rate unchanged this week despite persistent inflation and growing concerns about rising energy costs and global instability.