Mortgage rates jump as tariffs hit markets; biggest spike in nearly a year
The average rate on the 30-year fixed mortgage rose this week, according to the latest Freddie Mac data. Here's what to know.
The average rate on the 30-year fixed mortgage rose this week, according to the latest Freddie Mac data. Here's what to know.
Trump tariffs impacting family-owned businesses
One local business believes Donald Trump's trade war with China could get "really bad within days or weeks."
One local business believes Donald Trump's trade war with China could get "really bad within days or weeks."
Trump's tariffs raise concerns for LA's family-owned businesses
One local business believes Donald Trump's trade war with China could get "really bad within days or weeks."
One local business believes Donald Trump's trade war with China could get "really bad within days or weeks."
March 2025 data shows home values flattening as sellers outnumber buyers
March 2025 saw more homes hit the market than buyers were ready for, flattening price growth and increasing inventory to the highest level since 2020.
March 2025 saw more homes hit the market than buyers were ready for, flattening price growth and increasing inventory to the highest level since 2020.
Rent remains high across the U.S. despite months of declines, study finds
The average cost of rent spiked nationwide and housing in certain cities could be impacted by tariffs, according to a new report.
The average cost of rent spiked nationwide and housing in certain cities could be impacted by tariffs, according to a new report.
Can Trump fire the fed chair? President lashes out at Powell for economic outlook
President Trump has hinted that he wants to fire Federal Reserve Chair Jerome Powell for his economic outlook and refusal to lower interest rates. Can he do that?
President Trump has hinted that he wants to fire Federal Reserve Chair Jerome Powell for his economic outlook and refusal to lower interest rates. Can he do that?
Here’s how much you could save in your state by ditching pricey coffee runs
Skipping your daily coffee run could save you thousands of dollars, according to a new study.
Skipping your daily coffee run could save you thousands of dollars, according to a new study.
Temu and Shein, both founded in China, raising US prices due to tariffs
Temu and Shein plan to raise prices for U.S. customers starting next week amid Trump’s tariff on goods shipped from China.
Temu and Shein plan to raise prices for U.S. customers starting next week amid Trump’s tariff on goods shipped from China.
New bipartisan tax proposal could give your family more money
A bipartisan group of lawmakers is pushing to make the adoption tax credit refundable, which could allow more families to get the credit even if it's more than their “tax burden."
A bipartisan group of lawmakers is pushing to make the adoption tax credit refundable, which could allow more families to get the credit even if it's more than their “tax burden."
Report: Trump to end IRS Direct File program for free tax filing
The Trump administration is planning to end the IRS Direct File program that allows tax returns to be filed directly to the IRS for free.
The Trump administration is planning to end the IRS Direct File program that allows tax returns to be filed directly to the IRS for free.
What's driving Americans' record-high credit card debt? Annual survey reveals answers
Industry analysts warn that carrying a credit card balance is a slippery slope.
Industry analysts warn that carrying a credit card balance is a slippery slope.
US cities with the most affordable rent in 2025
The cities with the most affordable rent were those that had rent as low as 15% of the median income.
The cities with the most affordable rent were those that had rent as low as 15% of the median income.
America's 250th birthday plans at risk amid DOGE cost-cutting
Plans for America’s 250th anniversary celebration are at risk due to federal funding cuts under President Donald Trump’s administration.
Plans for America’s 250th anniversary celebration are at risk due to federal funding cuts under President Donald Trump’s administration.
Judge scraps Biden-era rule capping credit card late fees: What to know
A federal judge has scrapped a rule from the Biden administration that would have placed a cap on credit card late fees.
A federal judge has scrapped a rule from the Biden administration that would have placed a cap on credit card late fees.
Retirement savings 'magic number' drops in 2025 for Americans, study finds
When it comes to retirement savings, more than half of Americans think it's “somewhat or very likely" that they’ll outlive their money, according to a new study.
When it comes to retirement savings, more than half of Americans think it's “somewhat or very likely" that they’ll outlive their money, according to a new study.
China’s economy grew 5.4% before US tariffs hit; slowdown likely, analysts warn
China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But economists warn a slowdown is likely as trade tensions escalate.
China’s economy posted 5.4% growth in the first quarter of 2025, fueled by strong exports ahead of steep new US tariffs. But economists warn a slowdown is likely as trade tensions escalate.
Free tax prep in LA
April 15 marks the deadline to file taxes. Good Day LA's Koco McAboy takes us to Koreatown.
April 15 marks the deadline to file taxes. Good Day LA's Koco McAboy takes us to Koreatown.
Billionaire hedge fund manager warns tariffs could trigger conditions 'worse than a recession'
Billionaire hedge fund manager Ray Dalio said that the U.S. economy could experience something "worse than a recession" if current economic and financial challenges aren't handled well.
Billionaire hedge fund manager Ray Dalio said that the U.S. economy could experience something "worse than a recession" if current economic and financial challenges aren't handled well.
China halts Boeing jet orders after Trump slaps 145% tariffs on goods
Boeing has delivered aircraft to multiple Chinese airlines this year, but the airline companies were told not to accept any more deliveries.
Boeing has delivered aircraft to multiple Chinese airlines this year, but the airline companies were told not to accept any more deliveries.
Forever 21 gift cards set to expire Tuesday as retailer shuts down US stores
Forever 21 customers must use gift cards and store credit by the end of Tuesday as the retailer winds down its U.S. operations after filing for bankruptcy for the second time.
Forever 21 customers must use gift cards and store credit by the end of Tuesday as the retailer winds down its U.S. operations after filing for bankruptcy for the second time.