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.

Chase Bank forgives all outstanding credit card debt for Canadian customers

Canadians who owed money on their credit cards with Chase Bank have a little less debt on their plate after the company recently forgave all outstanding balances as it exited the Canadian credit card market.

One ‘Friends’ superfan could earn $1,000 just to binge 25 hours of hit show

Telecommunications company Frontier is offering one lucky superfan a “dream job” to binge 25 hours of "Friends" and earn $1,000 in honor of the upcoming 25-year anniversary.

Leaving California
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A new study says a lot of Californians are leaving the state and moving elsewhere like Texas where they can get more for their money.

Inglewood rent control
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As the city of Inglewood prepares for an influx of new energy, city leaders are concerned about the impact of those who call Inglewood home. The city council has extended an emergency ordinance addressing some of the concerns.

Gas prices on the rise in SoCal
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Gas prices are beginning to hit people's wallets hard yet again in Southern California. Experts say we are set to see the highest prices in almost five years.

Congestion pricing could reduce Westside traffic
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Los Angeles is?one of the top five cities for the worst rush hour traffic in the nation. The results are in for the region's first study on congestion pricing.

Lotto Fever
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Lotto fever once again hits the Southland with tonight's Powerball Jackpot at more than $750 million. That is the fourth largest lotery jackpot in US history.

Rosemead football funds gone
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Parents in a youth football league paid money and raised donations all for league expenses and an end-of-the-year banquet. The season has now been over for months and still no banquet. Now, they want answers.

Michael Avenatti charged with extortion and fraud
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Michael Avenatti, the attorney best known for representing porn actress Stormy Daniels in lawsuits against President Donald Trump, was arrested Monday on charges that he tried to extort millions of dollars from Nike and embezzled a client's money to pay his own expenses.