Trump calls for 50% tariff on EU imports starting June 1
President Trump called for a “straight 50%” tariff on all imports from the European Union after complaining on social media that trade talks are “going nowhere.”
President Trump called for a “straight 50%” tariff on all imports from the European Union after complaining on social media that trade talks are “going nowhere.”
Here's when production of pennies will end
The U.S. Mint will stop making pennies once its final supply of blanks is gone, following a Trump administration directive aimed at cutting costs.
The U.S. Mint will stop making pennies once its final supply of blanks is gone, following a Trump administration directive aimed at cutting costs.
Amazon is refunding customers for purchases made years ago
In at least one case, Amazon issued a nearly $1,800 refund for a TV that was returned in 2018.
In at least one case, Amazon issued a nearly $1,800 refund for a TV that was returned in 2018.
SALT deduction: What it could mean for your taxes
One of the most contentious issues in the “big, beautiful” tax bill is how much to raise the state and local tax deduction, or SALT, for tax filers. Here's what that means.
One of the most contentious issues in the “big, beautiful” tax bill is how much to raise the state and local tax deduction, or SALT, for tax filers. Here's what that means.
Walmart to lay off 1,500 employees after announcing price hikes
Walmart is restructuring its operations and cutting about 1,500 jobs as part of its new plan.
Walmart is restructuring its operations and cutting about 1,500 jobs as part of its new plan.
California's highest median home sale prices are in these 6 cities
Six of California's major metro areas ranked in the top 10 priciest housing markets in America.
Six of California's major metro areas ranked in the top 10 priciest housing markets in America.
'No Tax on Tips Act' passes Senate: Here's what's next
The U.S. Senate unanimously passed the "No Tax on Tips Act," a bipartisan bill that would exempt up to $25,000 in cash and non-cash tips from federal income taxes for eligible workers.
The U.S. Senate unanimously passed the "No Tax on Tips Act," a bipartisan bill that would exempt up to $25,000 in cash and non-cash tips from federal income taxes for eligible workers.
LA Mayor Karen Bass issues executive order to keep jobs in Hollywood
LA Mayor Karen Bass issued the executive order she said will lower costs, streamline the process for on-location filming, and increase shooting at iconic locations across the city.
LA Mayor Karen Bass issued the executive order she said will lower costs, streamline the process for on-location filming, and increase shooting at iconic locations across the city.
JCPenney stores closing later this month: See the list
Several JCPenney stores will close on this weekend, after emerging from bankruptcy in 2020.
Several JCPenney stores will close on this weekend, after emerging from bankruptcy in 2020.
Walmart raising prices due to tariff costs: What we know
Walmart says it will raise prices to counter higher costs from President Donald Trump’s tariffs, despite strong quarterly sales.
Walmart says it will raise prices to counter higher costs from President Donald Trump’s tariffs, despite strong quarterly sales.
Kroger accused of overcharging customers on sale items, report finds
Kroger, one of the nation’s largest grocery store chains, is accused of widespread price tag errors that lead to overcharges at the register, a new report finds.
Kroger, one of the nation’s largest grocery store chains, is accused of widespread price tag errors that lead to overcharges at the register, a new report finds.
Santa Monica turns 3rd Street Promenade into entertainment zone with open alcohol rules
Santa Monica's new Entertainment Zone will be the first in Southern California. A soft rollout is expected in early June, with initial hours on Friday through Sunday from 6 p.m. to 2 a.m.
Santa Monica's new Entertainment Zone will be the first in Southern California. A soft rollout is expected in early June, with initial hours on Friday through Sunday from 6 p.m. to 2 a.m.
Wage increase for LA tourism workers gets preliminary approval
Elected officials have preliminarily approved a proposal to raise the minimum wage for hotel and airport workers to $22.50 an hour beginning in July, followed by a $2.50 increase over three years.
Elected officials have preliminarily approved a proposal to raise the minimum wage for hotel and airport workers to $22.50 an hour beginning in July, followed by a $2.50 increase over three years.
State Farm to increase insurance costs
California's insurance commissioner approved an emergency rate hike against State Farm's policyholders in California.
California's insurance commissioner approved an emergency rate hike against State Farm's policyholders in California.
Nearly half of all home sellers offered concessions, 1st-quarter data shows
Redfin ranked the top U.S. metropolitan cities that had the most and least amount of concessions with home sales in 2025 so far.
Redfin ranked the top U.S. metropolitan cities that had the most and least amount of concessions with home sales in 2025 so far.
These Southern California cities require six-figure incomes to afford rent
According to Zillow, the number of cities where renters need to earn at least $100,000 to afford rent has doubled since 2020.
According to Zillow, the number of cities where renters need to earn at least $100,000 to afford rent has doubled since 2020.
AMC to offer half-price movie tickets this summer: What to know
Moviegoers can catch the latest flick on the big screen for 50% off the normal adult-evening ticket price on Wednesdays at AMC. Here's what to know.
Moviegoers can catch the latest flick on the big screen for 50% off the normal adult-evening ticket price on Wednesdays at AMC. Here's what to know.
Social media food videos about 'recession recipes' are going viral
Some videos focused on "recession" or "budget" meals and recipes have cropped up on the popular social media platform TikTok in recent months.
Some videos focused on "recession" or "budget" meals and recipes have cropped up on the popular social media platform TikTok in recent months.
US-China trade deal: Countries agree to slash tariffs, enact 90-day pause
U.S. and Chinese officials say they have reached a deal to slash most of their recent tariffs and called for a 90-day pause for ongoing negotiations. Here's what to know.
U.S. and Chinese officials say they have reached a deal to slash most of their recent tariffs and called for a 90-day pause for ongoing negotiations. Here's what to know.
JPMorganChase CEO Jamie Dimon blasts Trump's tariffs: 'too aggressive’
In an exclusive interview with FOX 11, Jamie Dimon, CEO of JPMorgan Chase, criticized President Trump's approach to tariffs, describing them as "too large, too big, and too aggressive."
In an exclusive interview with FOX 11, Jamie Dimon, CEO of JPMorgan Chase, criticized President Trump's approach to tariffs, describing them as "too large, too big, and too aggressive."