LAX, Ports Brace For Plunge In Japan Trade, Tourism
Officials with the Los Angeles Economic Development Corporation say local airports and trade centers will begin feeling the fallout from last month's devastating quake in coming weeks.
Watch CBS News
Officials with the Los Angeles Economic Development Corporation say local airports and trade centers will begin feeling the fallout from last month's devastating quake in coming weeks.
While jobs are still scarce in the public sector — because governments are basically going broke — the private sector appears to be ramping up hiring.
A new report shows a 2 percent jump in U.S. males opting for facelifts, Botox injections and other cosmetic work compared with 2009.
Mayor Art Barajas says the city will be able to meet payroll and does not expect any layoffs in spite of a looming cash flow crisis.
Industry leaders are attributing a steep drop in box office revenue to a weak slate of releases so far in 2011.
Now that lawmakers have offered millions in bond money to fix up the Honda Center, some are asking if three's a crowd in the local NBA market.
"The true nature of the city's cash deficit" was hidden for many years by accounting maneuvers, according to the city manager of Montebello.
A new survey shows over one-third of the U.S. workforce hopes to find a new job despite weak hiring and lackluster gains in the economic recovery.
Consumer spending rose in February at the fastest pace in four months, but a big part of the increase went to cover higher gas prices.
One tourism official warns revenues from Japanese travelers is set to plummet after the devastating quake and tsunami.
After 96,500 jobs were created in February — with roughly half of the job increases coming nationally — California's unemployment rate slid to 12.2 percent.
A new poll shows the public appetite for any more special elections has waned since the most recent election cycle.
The report from the Institute for Democracy, Education and Access painted a wider achievement gap between schools in poor and wealthy communities than previously established.
Household staples such as coffee and milk are getting more expensive as the price of crude oil surges higher.
A majority of Californians say their personal financial status is stabilizing compared to previous years, but fewer than half say the state remains "one of the best places to live," according to the results of a Field Poll released Friday.
Gas prices are still hovering near $4 a gallon in Southern California, but oil prices slumped below $98 a barrel Tuesday as traders braced for the worst in Japan, where a third explosion in as many days at an earthquake-damaged nuclear plant triggered a radiation leak.
The unemployment rate fell or held steady in 40 states in January, the latest sign that hiring is strengthening throughout the country.
Mayor Bob Foster issued a dire warning to pension policy makers at a forum entitled, "Is California Headed for a Super Storm of Unfunded Pension Liabilities?".
An economic forecast says those who blame California's high unemployment rate on its high taxes and onerous regulations aren't entirely correct.
Is your drive home miserable? A new survey says it will only get worse as more people start returning to work.
Even as new data shows the state's jobless rate slipped slightly in February, millions of Californians still remain out of work.
The drop, however is bittersweet: retailers joined state and local governments in slashing payrolls by up to 30,000 jobs.
A new report says Los Angeles is facing a $350 million deficit and a sluggish economy in the next fiscal year but the unemployment rate will drop slightly.
A new report shows cuts in the public sector spiked nearly 200 percent last month.
The Golden State is among the worst in the nation at job creation, according to a new Gallup survey.