Dow hits 29,000 for first time ever

The Dow Jones Industrial Average climbed above 29,000 for the first time despite the December jobs report falling short of expectations. All three of the major averages were trading in record territory.

Yum! Brands, parent company of Taco Bell, acquires The Habit Burger Grill

Tacos are getting together with burgers -- this after the parent company of Taco Bell is poised to buy Habit Restaurants, which operates The Habit Burger Grill chain.

O.C. woman sentenced to prison for stealing Social Security benefits

A former Social Security Administration employee who stole about $176,000 in Social Security benefits designated for elderly and disabled people while working in an Orange County field office was sentenced Monday to 15 months in federal prison.

25 states raising the minimum wage come Jan. 1, 2020

More than 20 states will be raising the minimum wage to as much as $15 an hour come Jan. 1, 2020.

Trump signs $1.4 trillion in spending, avoids shutdown

President Donald Trump signed off Friday on nearly $1.4 trillion in spending that will keep the government funded through Sept. 30, dodging the possibility of a shutdown ahead of what’s expected to be a contentious election season.

Some college graduates would give up coffee, shave head, spend week in jail to erase student loan debt, survey finds

A majority of college graduates with student loans said they would shave their head if the debt could be erased, according to a new survey, and some others said they would consider giving up coffee and even spending a week in jail.

4 Southland Sears locations closing as chain continues to scale back

Three Los Angeles-area Sears stores will be closing, along with one in Buena Park, as the company's new owners continue efforts to streamline the struggling retail chain.

Millennials will need to save at least 40 percent of their paychecks for retirement, financial expert says

Millennials who want to live off even half of their final salaries in retirement will need to save 40 percent of their paychecks over the next 30 years, according to an economics expert.

Los Angeles to consider savings account program for first-graders

A Los Angeles City Council committee Wednesday forwarded a proposal to create a children's savings account program that could begin in the first grade.

Home for the holidays: An expert shares money-saving holiday travel tips

Many travelers looking to book for the holidays are often left wondering if they should book an early deal before Halloween or take a risk in hopes of scoring a last-minute deal. 

Controller Report: L.A. revenue hits all-time high, but spending also rises

The city of Los Angeles brought in record revenue in the 2018-19 fiscal year, but its spending also jumped, according to a report released Thursday by the city controller's office, which urged leaders to bolster municipal rainy day funds.

Survey: Two-thirds of millennials think they’ll become wealthy in the future

Two-thirds of millennials believe that they will one day be wealthy, compared to only half of Gen Xers and only a quarter of Baby Boomers, according to a survey from MagnifyMoney by Lending Tree.

Yang announces plans to give away $1K per month to 10 families

Businessman Andrew Yang is announcing plans to give away $1,000 a month to 10 families over the next year as part of his effort to prove the efficacy of his universal basic income campaign proposal.

Rare 1894 dime sells for $1.32M at auction

An incredibly rare dime once owned by late Los Angeles Lakers owner Dr. Jerry Buss sold for $1.32 million in a Chicago auction.