California's Unemployment Rate Drops To 12 Percent
California's unemployment rate has dropped to 12 percent, but the number of payroll jobs in the state in March also fell from the previous month.
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California's unemployment rate has dropped to 12 percent, but the number of payroll jobs in the state in March also fell from the previous month.
Stocks are poised to open lower after two bellwether companies missed Wall Street earnings estimates.
A state panel has slashed the amount of money California taxpayers will spend to keep legislators on the road.
Stocks slid Thursday after claims for unemployment benefits rose unexpectedly for the first time in three weeks.
Southern California's median home price dipped nearly two percent last month to $280,500 from March 2010.
The Dow Jones industrial average fell more than 100 points Tuesday after Japan raised the alert level on its nuclear crisis and Alcoa Inc. reported disappointing revenue growth. Energy stocks fell sharply after oil prices dropped.
Gov. Jerry Brown asked groups representing crime victims and state prison guards on Monday to help him lobby Republican lawmakers on his proposal to close a budget deficit that once stood at nearly $27 billion.
General Motors is recalling 2,000 Chevrolet Cruze vehicles after the steering wheel from one car reportedly came off last month.
The Minnesota Supreme Court is considering whether to block a firm from being sued by the state of Minnesota over the deadly Interstate 35W bridge collapse.
A former executive for an investor relations firm has been sentenced in Los Angeles to prison for an insider trading scheme that generated nearly $2 million in illegal profits.
The ongoing civil war in the Ivory Coast has brought cocoa bean exports to a halt — a bitter development for Southland chocolate purveyors.
Facebook says it will share the technology behind the servers that power its massive online social network.
As lawmakers on Capitol Hill scramble to avert a shutdown of the federal government, the mayor warned on Thursday that the local financial fallout could be substantial.
Radio host Dave Ramsey says dealing with your taxes isn't so hard... if you know how to prepare.
A Republican-led group of California lawmakers and Lt. Gov. Gavin Newsom will head to Texas next week to hear from businesses that left the state.
