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.
Harvard says no to Trump demands: What to know about $2B funding freeze
Harvard said no to the Trump administration’s demands to limit activism on campus, and the government said it would freeze more than $2.2 billion in funding. Here's what to know about the situation.
Harvard said no to the Trump administration’s demands to limit activism on campus, and the government said it would freeze more than $2.2 billion in funding. Here's what to know about the situation.
The easiest states to save money in 2025
A new study ranked all 50 states to find out how easy — or difficult — it was for residents to grow their savings. Here’s what they found.
A new study ranked all 50 states to find out how easy — or difficult — it was for residents to grow their savings. Here’s what they found.
LA County unveils tight 2025-26 budget
The $47.9 billion proposal reflects efforts to "offset extraordinary budget pressures," according to a statement from the county, including more than $1 billion in costs related to the January wildfires.
The $47.9 billion proposal reflects efforts to "offset extraordinary budget pressures," according to a statement from the county, including more than $1 billion in costs related to the January wildfires.
How much is the average tax refund in 2025? It depends on where you live
A new report shows tax refunds are larger in 2025—but fewer people are receiving them. Geography, income, and tax policy all play a role in how much money Americans get back from the IRS.
A new report shows tax refunds are larger in 2025—but fewer people are receiving them. Geography, income, and tax policy all play a role in how much money Americans get back from the IRS.
Filing a tax extension: How to do it, what taxpayers in disaster areas should know
Those who experienced a weather disaster this past year may be granted an automatic extension to file your taxes. Here’s how to check.
Those who experienced a weather disaster this past year may be granted an automatic extension to file your taxes. Here’s how to check.
American consumers see tariff surcharges on their receipts amid trade war
American consumers are noticing a new line on their shopping receipts — a tariff surcharge.
American consumers are noticing a new line on their shopping receipts — a tariff surcharge.
Trash fees set to increase in Los Angeles
In an attempt to address a $1 billion budget shortfall, the LA City Council approved a plan to increase trash collection fees.
In an attempt to address a $1 billion budget shortfall, the LA City Council approved a plan to increase trash collection fees.
List: The cities most affected by inflation in 2025
A recent study shows that some cities across the country are impacted more by inflation than others. Here's where your area ranks on the list.
A recent study shows that some cities across the country are impacted more by inflation than others. Here's where your area ranks on the list.
More condos in US are selling below list price
Over half of the condos sold earlier this year were for less than the asking price, which is higher compared to last year’s sales, a new report finds.
Over half of the condos sold earlier this year were for less than the asking price, which is higher compared to last year’s sales, a new report finds.
US corporate bankruptcies rise to highest Q1 level since 2010
Corporate bankruptcies in the U.S. increased to their highest level in the first quarter since 2010, as firms with weaker balance sheets struggled to make debt payments.
Corporate bankruptcies in the U.S. increased to their highest level in the first quarter since 2010, as firms with weaker balance sheets struggled to make debt payments.
List: These are the groceries that have increased in price the most
Grocery prices keep rising – and these items are seeing the biggest price hikes, according to a new analysis.
Grocery prices keep rising – and these items are seeing the biggest price hikes, according to a new analysis.
Inflation fell in March despite Trump tariffs: Here's why
Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.
Inflation fell to its lowest numbers since September last month, despite President Trump’s back-and-forth on tariffs and uncertainty surrounding the economy.
Egg prices continue to increase, reach new record high
Egg prices have spiked and may not drop until after Easter due to high consumer demand. Here's what we know.
Egg prices have spiked and may not drop until after Easter due to high consumer demand. Here's what we know.