$400 gas rebate proposal

California Democrats on Thursday will unveil a plan that would give Californians a $400 gas rebate.

US retail spending slows as inflation starts to bite

After beginning the year in a buying mood, Americans slowed their spending in February on gadgets, home furnishings and other discretionary items as higher prices for food, gasoline, and shelter are taking a bigger bite out of their wallet.

Home prices skyrocket in City of Los Angeles, Orange County

The median price of an existing, single-family home in the Los Angeles metro area was $725,000 in February, up from $700,000 in January and from $649,000 one year ago, the California Association of Realtors reported.