Gold and silver boom predicted as US hits debt ceiling, dollar devalues
Precious metals expert predicts gold and silver will rise in 2023 as government spending results in increased inflation and U.S. hits debt ceiling.
LA City Council to adopt tenant protections; 1-month grace period for those who miss rent before eviction
The Los Angeles City Council is set to adopt a slate of tenant protections Friday ahead of the expiration of the local state of emergency due to COVID-19 at the end of the month.
Google cutting 12,000 jobs as tech industry layoffs widen
Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
US debt limit: US Treasury buys time for Biden and House GOP on deal
The Treasury Department says it has started taking “extraordinary measures” as the government has run up against its legal borrowing capacity of $31.381 trillion.
'Rent-a-chicken' service gives you a coop, complete with birds, for your own farm-fresh eggs
The price of eggs is soaring due to a lingering bird flu outbreak, combined with soaring feed, fuel and labor costs. It's even prompting some people to rent their own chickens to buck expensive egg prices.
Party City files for bankruptcy protection amid rising prices
Party City is filing for Chapter 11 bankruptcy protection after struggling with rising prices and a pullback in customer spending.
Netflix is hiring a flight attendant for one of its private jets—and the job pays up to $385,000
Job candidates can apply now for the role on the Netflix website for a chance to travel and earn a quality salary.
Microsoft cuts 10,000 jobs, about 5% of global workforce
Microsoft is cutting 10,000 workers, almost 5% of its workforce, joining other tech companies that have scaled back their pandemic-era expansions.
How inflation is changing the way people use payment apps
A recent survey by Forbes finds that some young adults are using payment apps to cover the costs of restaurant tabs, groceries, and rent.
Companies start 2023 with massive layoffs
Big companies across the companies rang the new year with news that was devastating to their staff: massive layoffs.
Why is there an egg shortage?
FOX 11's Hal Eisner spoke with SoCal egg farmers, who say 40 million chickens have been euthanized across the country due to the bird flu.
US inflation slows to 6.5% over past 12 months, easing some pressure
The softer readings add to growing signs that the worst inflation in four decades is gradually waning.
Biden: Easing inflation 'giving families some real breathing room'
Inflation eased to 6.5% in December compared with 12 months earlier.
Record number of Americans are paying $1000 a month or more for monthly car payments, data shows
More than 15% of consumers who financed a new vehicle toward the end of 2022 committed to paying more than $1,000 a month, the highest percentage ever recorded.
FTC proposes rule banning noncompete clauses for workers
The Federal Trade Commission says the rule would open new job opportunities for 30 million Americans and raise wages by $300 billion a year.
San Francisco's Salesforce to lay off 10% of employees, close some offices
Salesforce said it's laying off about 10% of its employees and closing some offices, as the company hired too many during the pandemic when things were looking good.
Record-high Social Security cost-of-living increase poised to kick in soon
Over 66 million Americans on social security are set to receive a record-high cost of living increase in 2023.
Holiday sales increase 7.6% despite the squeeze of inflation
U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fueled by spending at restaurants and on clothing.
Here's how much pay Americans say they'd need to start a new job
A recent survey from the Federal Reserve Bank of New York reveals most people will hop to a new job for a starting salary a little over $73,000 a year.
Senate passes $1.7T spending bill to fund government, aid Ukraine
The Senate has passed a $1.7 trillion bill to finance federal agencies through September, aid Ukraine and provide assistance to communities recovering from hurricanes, floods and other natural disasters.