Report: $500B Output From Hollywood, Arts Sector Eclipses Tourism Industry
The U.S. economy should be singing "Hooray for Hollywood," according to new data from the federal government.
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The U.S. economy should be singing "Hooray for Hollywood," according to new data from the federal government.
Retailers across Southern California opened their doors early Friday for what is considered the unofficial start to the Christmas shopping season.
California's unemployment rate rose for the second consecutive month in August, to 8.9 percent, even as the state added more than 29,000 jobs, the state Employment Development Department said Friday.
A slower-than-expected recovery in the housing market and looming health care reform deadlines could limit economic growth in California, according to a report released Thursday.
Supporters and protestors alike showed up as President Barack Obama's motorcade concluded it's first day in the Southland at the Hilton Hotel in Woodland Hills.
Delta Airlines announced Friday that they are bringing back hourly shuttle service between LAX and SFO.
Approximately 18.5 million people attended area sports events last year, ranging from major league sports like baseball and basketball, to the L.A. Marathon.
Officials at the Port of L.A. say their cruise business took a real dip during the recession, but now it's steaming back.
A new study says cyber attacks may pose the biggest threat to disrupting economic activity at ports in Los Angeles and Long Beach.
California's unemployment rate fell to 8.6 percent in May, marking the first time in nearly five years the jobless number has dipped below 9 percent, the state Employment Development Department reported Friday.
After languishing for nearly two decades, the once-vibrant Westwood Village is desperate to make a comeback.
Slow but steady job growth in California and across the United States will likely improve the Southland job market within two years, according to an economic forecast released Wednesday.
Even with gas prices well over $4 per gallon, a new tax ordered by state regulators is set to bring more pain to the pump.
Gas prices in Southern California rose again on Monday, leaving some drivers paying over $5.00 per gallon.
Angelenos and residents throughout California are more optimistic about the state's economic prospects than at any time since the recession in 2007, according to a survey released Thursday.
If you fly in and out of Los Angeles International Airport, you're not alone.
A citrus industry analyst estimates that despite a $21 million weekend, California's crops are in "excellent quality."
Thousands of tourists visiting Orange County for its beautiful beaches and (of course) Disneyland are helping to boost the local economy.
The deal in Washington to avoid the "fiscal cliff" will bring a reprieve to California's slowly rebounding economy, but uncertainty remains in part because Congress delayed action on federal spending cuts.
The thousands of tourists expected to visit Pasadena during the Rose Parade and the Rose Bowl are predicted to bring millions to the cash-starved local economy.
Even on Christmas Eve, the U.S. economy is moving closer and closer to the so-called "fiscal cliff."
A sluggish economic recovery, recession risks in the global economy, and the passage of Proposition 30 may keep the state unemployment rate from dropping next year.
Speaker John Boehner believes he holds a strong hand in fiscal cliff and debt limit talks. He is, once again, taking the global economy hostage and playing politics with the U.S. debt limit.
Obama is hoping to promote the discussion of the Bush tax cut extensions by getting people hooked on the topic and by getting them to use the #My2K hashtag on Twitter.
Most Americans who traveled during this Thanksgiving holiday came face to face with an American reality: while there is much to be thankful for, our infrastructure is not one of those things.
