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.

Thanksgiving dinner may be more expensive as holiday staples in short supply

While most will likely be able to get their hands on a turkey for Thanksgiving this year, shoppers could be shelling out more cash for it as well as other holiday staples — largely due to supply chain bottlenecks.

How do high-yield savings accounts work?

High-yield savings accounts offer higher interest rates than traditional savings accounts. Learn how high-yield savings accounts work.

California hiring slows in September; jobless rate at 7.5%

In California, new coronavirus cases are at their lowest point since the start of the pandemic, schools have fully reopened and the more generous unemployment benefits from the federal government have expired — all signs of what should have been a robust economic recovery in September.

US budget deficit reaches $2.77 trillion in 2021, its 2nd highest ever

The U.S. budget deficit totaled $2.77 trillion for 2021, the second highest on record but an improvement from the all-time high of $3.13 trillion in 2020.