Bank of America will allow customers to defer payments on mortgages amid COVID-19 financial crisis
Bank of America has announced it will also implement a series of actions aimed at creating financial ease for its customers.
Bank of America has announced it will also implement a series of actions aimed at creating financial ease for its customers.
Individuals would receive $1,200, couples $2,400 in proposed coronavirus aid package
Congress is currently racing to draft a $1 trillion measure to shore up for households and the economy.
Congress is currently racing to draft a $1 trillion measure to shore up for households and the economy.
Garcetti says no plan to lockdown city, announces small business loan program
Los Angeles Mayor Eric Garcetti said Tuesday "there is no plan to lock down this city," because of the coronavirus outbreak.
Los Angeles Mayor Eric Garcetti said Tuesday "there is no plan to lock down this city," because of the coronavirus outbreak.
Building a savings cushion in a time of emergency
Experts generally suggest having three to six months of savings on hand, but that can be tough for many people who are living paycheck to paycheck.
Experts generally suggest having three to six months of savings on hand, but that can be tough for many people who are living paycheck to paycheck.
Newsom issues executive order to help renters and homeowners during COVID-19 crisis
California Gov. Gavin Newsom on Monday issued an executive order to help renters and homeowners during the coronavirus pandemic.
California Gov. Gavin Newsom on Monday issued an executive order to help renters and homeowners during the coronavirus pandemic.
Fed takes emergency steps to slash rates and ease bank rules
The Federal Reserve takes emergency action Sunday and slashes its benchmark interest rate by a full percentage point to nearly zero and announces it will purchase more Treasury securities to encourage lending to try to offset the impact of the coronavirus outbreak
The Federal Reserve takes emergency action Sunday and slashes its benchmark interest rate by a full percentage point to nearly zero and announces it will purchase more Treasury securities to encourage lending to try to offset the impact of the coronavirus outbreak
House OKs coronavirus relief bill, after urging from Trump, in 363-40 vote
In a 363-40 vote early Saturday, the U.S. House of Representatives approved a coronavirus response package negotiated by House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin.
In a 363-40 vote early Saturday, the U.S. House of Representatives approved a coronavirus response package negotiated by House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin.
Coronavirus concerns sending droves of people to stores across SoCal
Coronavirus concerns are sending droves of people to stores across Southern California.
Coronavirus concerns are sending droves of people to stores across Southern California.
Mass crowds rush to local stores to stockpile goods amid coronavirus concerns
President Trump's address to the nation Wednesday about U.S. efforts to control the coronavirus spread was supposed to calm the public. Instead, crowds rushed to local stores looking to stockpile thinks like soup, paper towels, and toilet paper.
President Trump's address to the nation Wednesday about U.S. efforts to control the coronavirus spread was supposed to calm the public. Instead, crowds rushed to local stores looking to stockpile thinks like soup, paper towels, and toilet paper.
Trump administration weighs delaying April 15 tax deadline amid coronavirus outbreak
Treasury Secretary Steven Mnuchin told Congress on Wednesday that the administration is looking to provide relief for most individual taxpayers as well as small businesses.
Treasury Secretary Steven Mnuchin told Congress on Wednesday that the administration is looking to provide relief for most individual taxpayers as well as small businesses.
Dow drops 7.8% as free-fall in oil, virus fears slam markets
The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets.
The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets.
Stocks, oil prices plunge as coronavirus closes sites around world
The world’s largest economies are delivering more worrisome cues as anxiety over the virus outbreak sends stock and oil prices plunging.
The world’s largest economies are delivering more worrisome cues as anxiety over the virus outbreak sends stock and oil prices plunging.
California Attorney General warns against price gouging during coronavirus crisis
California Attorney General Xavier Becerra on Wednesday issued a price gouging alert following Governor Newsom's State of Emergency declaration after the first death from Coronavirus in California.
California Attorney General Xavier Becerra on Wednesday issued a price gouging alert following Governor Newsom's State of Emergency declaration after the first death from Coronavirus in California.
Calabasas beats out Beverly Hills as one of richest cities in U.S.
Put on the map with the help of the 'Beverly Hillbillies,' 'Beverly Hills Cop,' the '90210' clan and Weezer, Beverly Hills has worn the crown for wealth in Southern California, until now. Bloomberg just named Calabasas one of the richest cities in the U.S, surpassing Beverly Hills.
Put on the map with the help of the 'Beverly Hillbillies,' 'Beverly Hills Cop,' the '90210' clan and Weezer, Beverly Hills has worn the crown for wealth in Southern California, until now. Bloomberg just named Calabasas one of the richest cities in the U.S, surpassing Beverly Hills.
Stocks fall on Wall Street amid coronavirus fears, putting market on track for worst week since 2008
U.S. stocks fell sharply Friday and were on track for their worst week since October 2008 as the spreading coronavirus threatens to derail the global economy.
U.S. stocks fell sharply Friday and were on track for their worst week since October 2008 as the spreading coronavirus threatens to derail the global economy.
Markets down, Facebook cancels show: Virus hits businesses
Wall Street's opening follows global stock markets that also fell Thursday amid coronavirus concerns.
Wall Street's opening follows global stock markets that also fell Thursday amid coronavirus concerns.
California lottery didn’t give $36M to schools, auditor says
The California lottery skimped on giving $36 million in revenue to fund public education and spent $720,000 on food and travel expenses without considering cheaper options, the state auditor said in a report made public Tuesday.
The California lottery skimped on giving $36 million in revenue to fund public education and spent $720,000 on food and travel expenses without considering cheaper options, the state auditor said in a report made public Tuesday.
Changes to FICO credit score calculations could make it harder to get a loan: report
FICO, the most widely-used credit score in the United States, is changing the way it calculates consumers' scores and that could make it more difficult for some Americans to get a loan.
FICO, the most widely-used credit score in the United States, is changing the way it calculates consumers' scores and that could make it more difficult for some Americans to get a loan.
New climate change surcharge may appear on your next restaurant bill
A unique, brand-new partnership between the state and a non-profit organization aims to help farmers cut back on greenhouse gasses.
A unique, brand-new partnership between the state and a non-profit organization aims to help farmers cut back on greenhouse gasses.
Raising minimum wage by $1 could prevent thousands of suicides each year, study suggests
Researchers estimated that a $1 increase to the current state minimum wage could have prevented 27,550 suicide deaths from 1990-2015, according to estimates from a new study published in the Journal of Epidemiology and Community Health.
Researchers estimated that a $1 increase to the current state minimum wage could have prevented 27,550 suicide deaths from 1990-2015, according to estimates from a new study published in the Journal of Epidemiology and Community Health.