Millions of capable workers are choosing not to participate in the labor force
Where have all the workers gone? That is the perplexing question in much of the U.S. and especially here in the Golden State.
US Airlines brace for tough holiday season, busy 2022
The US airline industry faces a tough holiday season as travelers are expected to return to airports at near pre-pandemic levels.
Fourth child tax credit payment goes out this week: What parents need to know
Families began receiving the fourth round of payments from the expanded child tax credit Friday.
Climate change: US report targets economic risks from extreme weather
A new White House report addresses how the U.S. economy could be affected by climate change, including extreme heat, flooding, storms and wildfires.
Federal student loan payments to resume soon
Payments must resume and interest rates will be reinstalled on student loans on January 31, 2022, despite many borrowers still being in tight financial situations.
US unemployment claims fall to lowest level of COVID-19 pandemic
U.S. unemployment claims dropped 36,000 to 293,000 last week, the lowest level since the start of the pandemic, the Labor Department said.
Biden deal to ease bottleneck of goods coming into ports will test current infrastructure
Port workers in Southern California can expect overtime because a a new agreement brokered by President Biden to get congested ports moving 24/7 to address shipping backlogs and to ensure things are running more smoothly in time for the holidays.
FAFSA misunderstood by majority of students, study says: What to know about the federal aid application
FAFSA is misunderstood by many students, who are missing out on free money to fund their college education. Here's everything you need to know.
Port of Los Angeles going 24/7 to ease shipping backlog, White House says
The Port of Los Angeles will become a 24-hour, seven-days-a-week operation to help relieve supply chain bottlenecks and move stranded container ships.
Social Security checks to increase by 5.9% in 2022 as inflation jumps
The Social Security COLA amounts to $92 a month for the average retired worker, according to estimates released by the Social Security Administration.
Social security annual cost-of-living set to increase in 2022
Rising inflation is expected to lead to a sizeable increase in Social Security’s annual cost-of-living adjustment, or COLA, for the year 2022.
How to get out of a real estate agent contract
Getting out of a contract with a Realtor or real estate agent is possible but can lead to early termination fees. Here’s what you need to know.
Some consumers to spend more post-pandemic, including on home improvements, survey finds
More than a quarter of Americans who plan to increase their post-pandemic spending want to take on a home improvement project, according to a new survey. Here are some ways to pay for renovations.
Mortgage refinance rates level off: Window still open to lock in a bargain | Oct. 12, 2021
Check out the mortgage refinancing rates for Oct. 12, 2021, which are unchanged from yesterday.
Bay Area economists win Nobel for research on wages, jobs
A University of California, Berkeley economist won the Nobel prize in economics Monday for pioneering research that transformed widely held ideas about the labor force, showing how an increase in the minimum wage doesn’t hinder hiring and immigrants do not lower pay for native-born workers. Two others, including a professor at Stanford University, shared the award for developing ways to study these types of societal issues.
Homebuyers can expect higher inventory, more choices this fall, Realtor.com finds: Tips for buying now
Owning a home may be easier this fall with increased inventory, according to Realtor.com data. Whether you're a first-time buyer or a seasoned homeowner, here's how to find the right home and type of loan for you.
30-year mortgage rates hit 6-month high: Look to shorter terms for a deal | Oct. 11, 2021
Check out the mortgage rates for Oct. 11, 2021, which are a mixed bag from last Friday.
20-year, 15-year rates emerge as today’s top mortgage refinance deal | Oct. 11, 2021
Check out the mortgage refinancing rates for Oct. 11, 2021, which are mixed compared to last Friday.
Nobel prize for economics awarded to 3 in US for societal research
The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”
COVID-19 stimulus checks: ‘Math error’ could mean some owe more in taxes
People who received a 6470 letter in the mail could see one of three notices which include a CP11, CP12, or CP13.