3,600 LA County fast food workers are homeless, report shows

The results published in Economic Roundtable’s study reveal 10,120 fast food workers in California are unhoused despite wages steadily increasing in recent years.

Some 14 million jobs won't exist globally in 5 years, report says

Here are the jobs that will be most impacted in the years ahead, according to the new report by the World Economic Forum.

Bank deposits fell by more than $76 billion

Bank deposits fell by $76.2 billion in April, following the highly publicized closures of Silicon Valley Bank (SVB) and other tech-focused financial institutions. Moreover, high interest rates continue to put pressure on both banks and consumers.

California tops list of most exited states in 2022

California was one of the most exited states in 2022, along with Illinois, Michigan, Pennsylvania, and New Jersey, according to a new study tracking migration patterns.

$300K salary is 'new $100K' in these California cities

Several California cities including Los Angeles, Long Beach, San Francisco, and Oakland all require exceptionally high salaries to feel like $100,000.

First Republic Bank seized by regulators, sold to JPMorgan Chase

The Federal Deposit Insurance Corporation said early Monday that First Republic Bank’s 84 branches in eight states will reopen as branches of JPMorgan Chase Bank and depositors will have full access to all of their deposits.

What are the highest paying jobs in the US?

Here are the 15 highest-paying jobs in the US along with their yearly median salaries.

First Republic Bank shares nosedive amid uncertainty about rescue deal

Shares of First Republic Bank remain in a death spiral amid reports of uncertainty about whether the lender could see a rescue deal.

Gas prices dip, offering consumers some relief at the pump: AAA

The national average cost for a gallon of gas dropped by five cents from last week to $3.68, reflecting a dip in oil prices, AAA said.

$6M California Lottery scratchers sold in Orange County

Two tickets worth a combined $6 million were purchased in Irvine and Santa Ana, according to the California Lottery.

California teacher pay to increase 50% by 2030 under new proposal

The bill would set annual targets for California's Local Control Funding Formula – which determines how much money is allocated to districts and charter schools – with a goal of reaching a 50% increase by 2030.

The Fed is expected to raise interest rates again in May: Economists

The Fed is expected to raise interest rates by 25 basis points again in May, according to a poll of economists. This is what you need to know.