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Weeks after the failure of two banks, President Joe Biden called Thursday for independent regulatory agencies to impose tighter rules on the financial system, telling them that they can act under current law without additional steps taken…
LOS ANGELES — The intersection near El Cholo was dedicated Thursday as Alejandro and Rosa Borquez Square in honor of the founders of the Mexican restaurant which is celebrating its 100th anniversary. Ron Salisbury, the…
Employees picketed a Papa John’s pizza shop in Lynwood on Thursday, March 30 to protest its abrupt closure and their resulting layoffs. The non-union cooks, cashiers and delivery drivers said management called a staff meeting…
Homeowners and buyers, come April 15, mortgage giant Fannie Mae will have you and appraisers by the throat when it launches a new home valuation program. The launch of “Value Acceptance + Property Data” means…
Californians might wonder how other states can “afford” to charge their residents little to no income tax. Let’s politely say “small government” sometimes gets a lot of help from the biggest government – Uncle Sam.…
Seven times in the past eight years, Huntington Beach went to court to claim immunity from state laws because it’s a charter city. In six of those cases, it lost. But that’s not stopping the…
Huntington Beach, Redondo Beach and three other Los Angeles County cities are the latest to challenge the state’s ability to enforce housing laws in California’s 121 charter cities. Huntington Beach filed a federal lawsuit March…
The Federal Deposit Insurance Corp., facing almost $23 billion in costs from recent bank failures, is considering steering a larger-than-usual portion of that burden to the nation’s biggest banks, according to people with knowledge of…
Some people rent in retirement because they don’t have much choice; they can’t afford to own homes. But financial planners say renting can make more sense than owning in some circumstances, even for retirees who…
California businesses scored a win in a recent court ruling that allows them to once again require workers to sign mandatory arbitration agreements to resolve work-related disputes. The Ninth Circuit Court of Appeals’ February 15…
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