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Blog Profile / Money & Co


URL :http://latimesblogs.latimes.com/money_co/
Filed Under:Business & Finance
Posts on Regator:11671
Posts / Week:32.9
Archived Since:March 9, 2008

Blog Post Archive

West Coast port slowdown raises fears of dockworker strike or lockout

For months, contract negotiations between a powerful union and multinational shipping lines progressed amicably in public, even though roughly 20,000 West Coast dockworkers labored without a contract.

U.S. unemployment rate falls to 6-year low of 5.8% on solid job growth

Solid job growth in October, the ninth straight month with more than 200,000 new jobs created, and a drop in the unemployment rate to a new six-year low of 5.8% showed that the labor market is strengthening.

Economy added 214,000 jobs in October, unemployment rate down to 5.8%

The economy posted another solid, though somewhat disappointing, month of job growth in October, adding 214,000 net new positions while the unemployment rate fell to a post-Great Recession low of 5.8%, the Labor Department said Frid...

Freddie Mac: Average 30-year mortgage rate rises above 4%

Moving higher for a second week, the 30-year mortgage rate broke back above 4%. Freddie Mac calculated that lenders were offering the most popular home loan at an average of 4.02%.

Four-week average of initial unemployment claims falls to 14-year low

Initial unemployment claims fell last week, dropping the average over the previous month to its lowest level in 14 years, the Labor Department said Thursday.

L.A. workforce development program gets $36-million overhaul

A revamped citywide workforce development program powered by $36 million in federal funds, private grants and equipment will seek to combat a yawning skills gap in Southern California.

Private sector added 230,000 net new jobs last month, ADP says

Private employers added 230,000 net new jobs in October, a solid gain that indicates the labor market is continuing to improve, payroll firm Automatic Data Processing said Wednesday.

European Union cuts economic growth forecast amid global tensions

The European Union on Tuesday cut its economic growth forecasts for the region, saying rising geopolitical risks in Ukraine and the Middle East and a broader global slowdown have eroded business and consumer confidence since the spr...

Automakers report sales gains for SUVs and trucks as gas prices fall

Falling gas prices improved buyers' moods and boosted sales of SUVs and trucks in October.

Nearly half of Los Angeles adults double up on housing, study finds

When it comes to doubling up with roommates, crashing at your cousin’s or staying at your parents' house well into your 20s, there’s no place like Southern California.

Dow flirts with record high as Japan gives stock markets a boost

Investors who have been waiting for good news on the global economy finally got some Friday.

Consumer spending drops in September as income growth slows

Americans unexpectedly tightened their purse strings a bit in September, sending consumer spending to its first drop in eight months, as income growth slowed, the Commerce Department said Friday.

Consumer spending drops in September as income growth slows

Americans unexpectedly opened their wallets less in September, with spending posting its first drop in eight months as income growth slowed, the Commerce Department said Friday.

U.S. economy shows solid growth, but it's about to be tested

The U.S. economy is showing steady, solid growth despite the shaky global environment, but its resilience will be tested in the coming months.

Judge is due to rule on whether to force Stockton to slash pensions

A federal judge is expected to rule Thursday on the city of Stockton's bankruptcy-recovery plan and whether the city should include slashing pensions for municipal workers among its cost-cutting moves.

U.S. economy grows at solid 3.5% rate in third quarter

The U.S. economy expanded at a solid pace in the third quarter, beating expectations and adding a little more momentum in the face of increased risks from slower global growth and heightened uncertainty in financial markets.

Obama administration rules target for-profit colleges

The Obama administration on Thursday will publish new regulations intended to target for-profit career colleges that leave students with debts they cannot repay.

Garcetti says housing shortage, minimum wage linked in Los Angeles

The housing shortage in Los Angeles – possibly the most severe since the end of World War II – is linked to a low minimum wage and a host of other economic issues in the city, according to Mayor Eric Garcetti.

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