LA County minimum wage to increase starting July 1

The minimum wage in unincorporated areas of LA County will increase by 6.4% starting in July.

Russia now has the most sanctions of any country in the world, database shows

The U.S. and international partners have sanctioned Russia’s largest banks, its central bank and finance ministry, and moved to block certain financial institutions from the SWIFT messaging system for international payments.

Dollar General creating 10,000 new jobs in 2022

Discount retail chain Dollar General plans on hiring another 10,000 workers by the end of the fiscal year as it continues expanding.

Planning a summer trip? Book your rental car now, experts say

Rental cars will be expensive and hard to find, according to travel experts. But here are some suggestions on how to save money on rental cars this year.

Beer prices may increase due to Ukraine invasion

Russia's invasion of Ukraine has caused many people to boycott Russian vodka, the conflict may also have an impact on beer drinkers as well.

Interest rates could increase more than traditional quarter-point, US Fed governor says

Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.

Rising gas prices: Ways to maximize your fuel economy

As gas prices continue to climb, here are some tips and tricks to help save you money and maximize your fuel economy.

US suspends avocado imports from Mexico

The suspension of avocado imports from Mexico has to do with a threat a safety inspector in Mexico received, as avocado exports are becoming the latest victim of the drug cartel turf battles.

Number of small businesses raising prices due to inflation hits 48-year high, NFIB says

The number of small businesses that raised prices in January amid high inflation rose to levels not seen since 1974, the National Federation of Independent Business said.

Will customers be hit with higher prices when LA's minimum wage increases?

FOX 11's Hal Eisner spoke with hourly-waged workers to hear their thoughts on LA's plan to raise the minimum wage to $16.04 an hour this summer.

Starbucks to raise menu prices to offset inflation

The Seattle-based coffee franchise had already raised prices — once in October 2021 and December 2021 — but inflation woes and labor issues have forced the company to hike prices once again.

Valentine's Day 2022: Spending expected to near $24B

More than half of U.S. consumers are planning to celebrate Valentine's Day despite rising inflation.

Federal Reserve plans to raise interest rates as soon as March

The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-rate policies that have fueled hiring and growth but also escalated inflation.

Unemployment claims climb to 286,000, the most since October

Jobless claims rose for the third straight week — by 55,000 to 286,000, highest since mid-October, the Labor Department reported Thursday.

French fry shortage blamed on winter weather

An iconic restaurant brand says some of its Asian stores are limiting customer’s fry orders due to the ongoing supply chain and recent weather issues in southwestern Canada.