Just as uncontrollable financial, demographic and other forces have wreaked havoc in Hollywood, California’s wine industry is now reeling from epochal stresses that are grinding down yet another mainstay of the state’s economy. The aging of baby boomers who long […]
WASHINGTON — With President Trump’s last-minute decision to delay hefty tariffs on imports from Mexico for at least a month, the U.S. averted, or at least deferred, a potentially disastrous trade war with its biggest — and fastest growing — partner. The
Trump delays tariffs on Mexico by one month, easing markets Read More »
WASHINGTON — U.S. job growth slowed at the start of the year, the government said Friday, as business services, manufacturing and other major industries held back on adding jobs amid increased uncertainty about the economy. The Los Angeles-area wildfires, which began Jan.
U.S. hiring cools in January; job prospects in California are clouded Read More »
WASHINGTON — The Federal Reserve on Wednesday made another cut in interest rates, but dialed back expectations for lowering rates in the near future. The rate reduction, the third in a row, had been widely expected, but where policymakers go from
Fed lowers interest rates again but more cuts uncertain Read More »
WASHINGTON — Miriam Mesina de Gutierrez was 19 years old when she got hired at Paulson Manufacturing in Temecula. It was the summer of 2001 and the job was only part time: on an assembly line, applying an anti-fog, anti-scratch coating
Trump 2.0 raises hopes — and worries — in California manufacturing Read More »
WASHINGTON — Job growth rebounded in November from the weather-related stall in hiring the previous month, fresh evidence that the labor market remains healthy despite signs of a slowing economy overall, according to new government data released Friday. The nation’s unemployment
U.S. job growth is strong in November, but retailers pull back Read More »
WASHINGTON — Some of President-elect Donald Trump’s Cabinet nominations have raised hopes that his trade and other economic actions will not be wildly disruptive or bring back inflation. But that could turn out to be wishful thinking. Based on the record
What Trump’s nominations say about where economic policies might go Read More »
A USC student was one of three people killed in a Tesla Cybertruck crash early Wednesday in Piedmont, the university confirmed Saturday. USC provided no additional details about the student, Soren Dixon, who was in the vehicle with three others
USC student among three young adults killed in Tesla crash in Piedmont Read More »
WASHINGTON — When President-elect Trump announced he would impose sweeping tariffs on key trading partners on his first day in office, he signaled a return to a favorite strategy: a reverse carrot-and-stick that applies the stick of dire consequences in order
What Trump’s proposed tariff hikes mean for California Read More »
The Federal Reserve cut interest rates for a second straight time Thursday in an effort to keep the economy sailing along by easing the high borrowing costs it engineered to fight inflation. But going forward the Fed’s rate path looks
Fed cuts rates again as Trump’s victory makes future murky Read More »
