Building a savings cushion in a time of emergency

Experts generally suggest having three to six months of savings on hand, but that can be tough for many people who are living paycheck to paycheck.

Canoga Park Italian restaurant to defy Garcetti order; will open for business

Monday was the first day of an unprecedented emergency order right here in Los Angeles. It effectively shut down bars, restaurants, and other businesses in an effort to stop the spread of the coronavirus. But not everyone is following that emergency order.

The Coffee Bean & Tea Leaf will temporarily close some stores, offer take-out, delivery in others amid COVID-19 concerns

The Coffee Bean & Tea Leaf has announced that starting on Monday, March 16 they will be temporarily closing some stores and move to reduced hours in others due to COVID-19 coronavirus concerns.

Starbucks will be temporarily switching to a 'to go' mode due to COVID-19 concerns

Starbucks has announced that beginning on Sunday all of its North American stores will switch to a `to go' model for at least two weeks because of the coronavirus.

U.S. now in recession expected to last until September, UCLA forecasts

The U.S. economy is in a recession expected to last through September, according to a revised forecast released Monday by UCLA that reflects rapid changes brought on by the coronavirus.

Stock futures plunge after Fed takes emergency action

U.S. stock futures fell sharply after the Federal Reserve slashed interest rates and more companies and governments took action over the weekend to shut down European and American society in the face of the growing virus outbreak.

California governor calls for closure of all bars and wineries

California Governor Gavin Newsom has called for the temporary closure of all bars and wineries throughout the state. As well as suggested home isolation of everyone 65 and older due to the coronavirus.

Bill Gates steps down from Microsoft, Berkshire Hathaway boards

Gates also stepped down from the board of Warren Buffett’s Berkshire Hathaway Inc, where he has served since 2004.

Mass crowds rush to local stores to stockpile goods amid coronavirus concerns

President Trump's address to the nation Wednesday about U.S. efforts to control the coronavirus spread was supposed to calm the public. Instead, crowds rushed to local stores looking to stockpile thinks like soup, paper towels, and toilet paper. 

Dow drops 7.8% as free-fall in oil, virus fears slam markets

The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets.

Former General Electric CEO Jack Welch dies at 84

Jack Welch led General Electric Co. through two decades of unparalleled growth and transformation, with a brash style that single-handedly remade the conglomerate and changed the landscape of American corporations. He died Sunday at age 84.

Dunkin’ rolls out Snackin’ Bacon nationwide

Dunkin's new "Snackin' Bacon" comes with eight half-slices of bacon, glazed with sweet black pepper seasoning and served in a french fry sleeve.