LA city attorney warns of price gouging COVID test kits amid omicron surge

Amid reports of extremely expensive at-home COVID- 9 test kits being sold in Los Angeles, City Attorney Mike Feuer reminded the public to beware of price gouging and report the crime.

US Army offering $50K bonuses to recruits amid ongoing COVID-19 pandemic

The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who sign up for six years.

Inflation surges in December to highest rate since 1982

Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982 and the latest evidence that rising costs for food, rent and other necessities are heightening the financial pressures on America's households.

US Transportation Secretary Buttigieg visiting ports of LA, Long Beach Tuesday

For the eighth time, the ports of Los Angeles and Long Beach announced they're delaying implementing fees on companies whose import containers linger near ports.

Maya Angelou becomes 1st Black woman featured on US quarter

A new U.S. quarter featuring the late poet Maya Angelou went into circulation on Monday, the U.S. Mint announced.

Bank of America cuts overdraft fees

Bank of America is slashing the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks.

Powerball winning numbers for Wednesday, January 5, 2022; $630M jackpot

Here are the winning Powerball numbers for Wednesday, January 5, 2022. The Powerball jackpot has climbed to an estimated $630 million, the seventh-largest jackpot in the game’s history.

'I've never seen prices like this before': Butcher says meat prices are up 40%

The Consumer Price Index says meat prices have gone up 13% over the last year, but one local butcher says it's even worse than that, saying prices have gone up closer to 40%.

Child tax credit 2021 payments: How to know if you owe, IRS letter to watch for

Families who received monthly payments as part of the expanded Child Tax Credit program in 2021 should look out for this letter from the IRS ahead of tax season.

Powerball jackpot climbs to $610 million

2022 comes with another shot at winning the massive Powerball lottery after no winners on Monday. 

Getting out of debt is a top New Year's resolution, study finds

Most consumers are considering a financial New Year's resolution, according to a recent study from Fidelity. Keep reading to learn how you can meet your financial goals in 2022.

Families are using the child tax credit to pay off debt, Census Bureau finds

Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.