Powerball jackpot climbs to $416 million ahead of Monday's drawing

The $416 million Powerball Jackpot, the game’s second most valuable grand prize of the year, is up for grabs again Monday night.

Zelle scam: Police renew warning about money transfer app

Police have another warning about the ways scammers are using money transfer apps to target victims and their bank accounts.

Child tax credit 2021: Families to receive final payment on Dec. 15

The final child tax credit payment will go out on Dec. 15. Payments could be extended into 2022 if the Senate can come to an agreement on Biden’s social spending bill.

US debt ceiling: Congress sends Biden $2.5T increase, avoiding default

Congress averted a debt default early Wednesday after Democratic majorities voted to send a $2.5 trillion debt ceiling increase to Biden over Republican opposition.

T-Mobile to pay hourly employees minimum of $20 an hour

T-Mobile announced that it will pay all 75,000 of its hourly employees a minimum wage of $20 an hour.

This week is the busiest mailing week of the holiday season

This week is expected to be the busiest mail week of the holiday season. But you still have time to ship your cards and gifts. Here are the big deadlines to know.

US consumer inflation rate up 6.8% in past year, highest since 1982

Prices for U.S. consumers jumped 6.8% in November compared with a year earlier, the highest annual inflation rate in 39 years.

How to budget your spending and avoid scams this holiday season

In an effort to help Angelenos manage their spending and steer clear of scams during the holiday season, Controller Ron Galperin Thursday released his "Holiday Financial Tips" guide.

Starbucks workers at Buffalo store form 1st U.S. union

Starbucks workers at a store in Buffalo, New York, voted to unionize on Thursday, a first for the 50-year-old coffee retailer in the U.S. and the latest sign that the labor movement is stirring after decades of decline.

US jobless claims hit lowest level in 52 years amid seasonal volatility

U.S. unemployment claims dropped to 184,000 last week, the lowest since September 1969 — offering more evidence that the job market is recovering.

Better.com CEO Vishal Garg apologizes for firing 900 employees over Zoom

Vishal Garg, the CEO of Better.com, apologized for failing to show “the appropriate amount of respect and appreciation” for employees reportedly laid off via Zoom.

Debt ceiling: House passes bill paving way for increase ahead of deadline

The House passed a bill that will allow the Senate to raise the U.S. debt limit with a Democrats’ only majority vote, as the deadline draws near.

93% of payday loan borrowers regret taking out their loans, survey finds

Payday loans can be a debt trap for borrowers who can't afford to make payments. Here's how you can repay your payday loan balance before it's sent to debt collectors.

Here's who has qualified for student loan forgiveness under Biden

The Biden administration has forgiven federal student debt through four major loan forgiveness programs, including PSLF and borrower defense.