February 21, 2013 |
First-time claims for unemployment benefits rose by 20,000 to a seasonally adjusted 362,000 last week, the Labor Department said Thursday. The larger-than-expected increase followed a drop in claims the previous week, when 342,000 filed initial jobless claims. The Labor Department's less volatile measure of jobless claims, a four-week moving average, was 360,750, an increase of 8,000 from the previous week's revised average of 352,750. Investors will get a stronger read on the labor market on March 8, when the federal government releases its report on unemployment in February.
August 24, 2012 |
Here is today's Consumer Confidential segment from KTLA. Topped things off with latest word from the feds on food prices (they're going up). Also looked at how people are taking pay cuts to land new jobs, and the average $15(!) weekly allowance kids now receive.
August 21, 2009 |
The voice gushed with excitement, making it a phone message worth saving. "'Mom, I'm traded to the Sparks!' " Noelle Quinn exclaimed after learning she was leaving the Minnesota Lynx and heading home to L.A. Her mom, Golden Quinn, a Sparks season-ticket holder since the WNBA's inception, has listened to the message a dozen times. "It's her dream come true," the elder Quinn said. "It's a joy to see the sparkle in her eye and her laughter. It's a moment of joy we continue to celebrate."
September 20, 2010
Think the bedbugs are biting? You're not alone. The Centers for Disease Control and Prevention and the U.S. Environmental Protection Agency say the pest that was oh-so last century is making a big comeback in the United States as well as other countries. There's currently no bedbug hotline to record the extent of the bug's return, but federal agencies suspect the rise of pesticide-resistant bedbugs and increase in international travel may have led to the latest invasion. Cities like Chicago are feeling the pinch.
April 11, 2012 |
The Southland's economic recovery may be halting and tepid, but the cost of apartment living is rising sharply with rents in Los Angeles County predicted to soar 7.9% over the next year, according to a USC report. The annual Casden Multifamily Forecast by the university's Lusk Center for Real Estate showed rents last year rose in 39 of the submarkets the report tracks in the counties of Los Angeles, Orange, San Diego, Riverside and San Bernardino. That across-the-board increase is a change from 2010 when 26 markets showed flat or increasing rents and a big turnaround from 2009 when only three submarkets saw rents rising.
April 6, 2012 |
Commercial property prices in the U.S. are mostly holding steady, analysts said, though some apartment buildings and shopping centers are appreciating. Prices for such buildings as warehouses and offices have been relatively steady since last summer after a sharp two-year rally saw them rebound to within 10% of their all-time highs, according to Green Street Advisors Inc. of Newport Beach “With the exception of apartments and high-end malls, we haven't really seen values go anywhere in almost a year now,” analyst Peter Rothemund said.
February 26, 2012 |
Baylor quarterback Robert Griffin III didn't throw at the scouting combine -- he will do that at his campus pro day -- but he wowed NFL teams with his blistering-fast 4.41-second 40-yard dash. Maybe his socks had something to do with it. Griffin, you see, is an avid collector of all kinds of socks. You might remember the Superman ones he wore at the Heisman Trophy ceremony, complete with dangling capes. On his first full day at the combine, he wore a pair depicting the Teenage Mutant Ninja Turtles.
January 27, 2011 |
U.S. housing and factory data on Thursday showed the economy still gaining strength in December but at a pace unlikely to cause the Federal Reserve to rethink its stimulus program. Economists said they expected Friday's reading of gross domestic product to show the world's biggest economy picking up speed, albeit short of the pace needed to bring down unemployment significantly. The National Assn. of Realtors said its pending home sales index, based on contracts signed in December, rose 2% to 93.7.
August 2, 2012 |
According to a new report, U.S. workers could see an increase in pay despite a lagging labor market and an uncertain economic outlook. The human resource consulting firm Mercer says base pay is expected to rise an average of 2.9% in 2013, up slightly from 2.7% in 2012 and 2011 and 2.3% in 2010. The forecast indicates a steadily increasing trend in base pay, the report said. “Base pay is still the most important element of the employment deal," Mercer executive Catherine Hartmann said.
June 25, 2012 |
Sea levels in a 620-mile "hot spot" along the Atlantic coast are rising three to four times faster than the global average, according to a new study by theU.S. Geological Survey. The sharp rise in sea levels from North Carolina to Massachusetts could mean serious flooding and storm damage for major cities such as New York, Philadelphia and Boston, as well as threats to wetlands habitats, the study said. Since 1990, sea levels have risen 2 millimeters to 3.7 millimeters a year from Cape Hatteras, N.C., on the Outer Banks, to Boston, said the study, published in the journal Nature Climate Change.