Fed minutes reveal interest rates could remain ‘restrictive’ for some time

The latest Federal Reserve meeting minutes showed that the Fed governors believe interest rates should remain "restrictive" in the coming months.

Mortgage rates drop as inflation improves

Rates for the 30-year mortgage dropped slightly this week but remained above the 5% mark and are likely to stabilize as inflation improves, according to new data from Freddie Mac.

More than 62% of Americans worried they can't pay rent: survey

The survey found rents of nearly 60% of residents increased in the past 12 months, while only 38% of people saw their wages increase.

Survey: 62% of Americans worried about paying rent
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The majority of Americans said they are concerned about their ability to pay for housing, the U.S. Federal Home Loan Mortgage Corporation said, citing a newly released survey.

Stretch your dollar: How to save on your electricity bill

With triple-digit heat hitting parts of the Southland, you may be wondering if there's anything you can do to save some money as you crank up your AC or electric fans in an effort to stay cool.

Stretch your dollar: How to save on your electricity bill
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With triple-digit heat on the way for parts of Southern California, here are some money-saving tips to stretch your dollar when it comes to your electricity bill.

Will the student loan payment pause be extended? CEOs say it’s likely.

Payments for federally backed student loans have been suspended since the pandemic began in March 2020 — they’re set to resume Sept. 1 unless the Biden administration steps in.

This SoCal city has the 4th highest rent in the nation

Rent in this LA County city went up nearly 40% over the last year, with an average rent higher than Los Angeles and New York City.

What's in the Inflation Reduction Act? Health care, climate change goals become law

President Joe Biden arrived at the White House promising to “build back” America, and now he has signed into law legislation with a slimmer version of that idea.

Inflation Reduction Act: Biden signs massive climate and health care bill

President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.

7 ways to pay off student loans faster

If you want to get out of student loan debt but don’t have the money to pay your student loans in full, these 7 ways can help you pay off your loans faster.

LA County gas prices drop for 60th consecutive day

The average price of a gallon of regular in LA County has dropped more than $1 since June 14.