Applications now open for LA's basic guaranteed income program

Starting Oct. 29, Angelenos citywide can apply for the city's guaranteed basic income pilot program, which will give $1,000 a month to 3,000 households for a year.

FHFA to permanently allow desktop appraisals: How can it make the mortgage process easier?

The FHFA made desktop appraisals, a hybrid appraisal tool that allows appraisers to perform a valuation without physically visiting the home, permanent. Here's how that benefits borrowers.

Social Security payments increasing significantly in 2022, new bill could send payments higher

The Social Security Administration is seeing some changes, including increased payments to go out in 2022. Now, members of Congress are introducing a bill to save the program and expand its benefits.

US salaries grew more last quarter than they have in 2 decades

The Labor Department said Friday that pay increased 1.5% in the third quarter. That’s up sharply from 0.9% in the previous quarter.

Online grocery retailers have hidden price markups, MIT study finds: How to save money on your food budget

Stocking your shelves with fresh groceries shouldn't be a financial burden. But with the rise of online grocery shopping, prices are becoming less predictable, according to a study from MIT.

LA to give $1,000 no-strings-attached monthly payments to families in new guaranteed-income program

The BIG:LEAP -- Basic Income Guaranteed: Los Angeles Economic Assistance Pilot -- program will give $1,000 in direct cash payments to families each month for 12 months. The no-strings-attached payments will be given to families who were impacted by the pandemic and are living in poverty.

$2.6 million Mega Millions lottery ticket sold in Sun Valley

Double check your tickets! A ticket with five numbers, but missing the Mega number, in Tuesday's drawing was sold at a liquor store in Sun Valley.

Mortgage rates remain above 3%, but homeowners can still save by refinancing

Mortgage interest rates are continuing to increase, rising past 3% this week. But as rates rise, homeowners can still save through a mortgage refinance.

Ports of LA, Long Beach to fine firms over container backlog

In an effort to ease congestion, the ports will start fining shipping companies whose cargo containers linger for too long at marine terminals.

California’s unemployment fraud reaches at least $20 billion

State officials blamed nearly all of that fraud on a hastily approved expansion of unemployment benefits by Congress that let people who were self-employed get weekly checks from the government with few safeguards to stop people from getting benefits who were not eligible to receive them.