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.

Denied Public Service Loan Forgiveness? Your case may be reviewed in the coming weeks

The Public Service Loan Forgiveness (PSLF) application process may be more streamlined thanks to a recent overhaul, but public servants like federal employees and active-duty service members may still be denied PSLF if they're on the wrong repayment plan or they have private student loans.

Where are the workers? Cutoff of jobless aid does not bring them back

Three months after half the states began ending an extra $300-a-week in unemployment pay, there's been no significant influx of job seekers.

Fannie Mae again lowers economic growth outlook: What it means for interest rates

Fannie Mae lowered its economic growth forecast for the third consecutive month amid supply chain disruptions and rising inflation. Here's what it means for interest rates.