Advertisement
YOU ARE HERE: LAT HomeCollectionsSavings
IN THE NEWS

Savings

FEATURED ARTICLES
CALIFORNIA | LOCAL
November 17, 2006 | Bob Sipchen, Times Staff Writer
SHORTLY after Jeffrey "Toz" Toczylowski's last mission in Iraq a year ago this month, friends received a message. "If you are getting this e-mail, it means that I have passed away," the missive said. "No, it's not a sick Toz joke, but a letter I wanted to write in case this happened." The Army Special Forces captain, 30, said he would like family and friends to attend his burial at Arlington National Cemetery, "but understand if you can't make it."
ARTICLES BY DATE
OPINION
April 27, 2014 | By Steven Pressman
In the spring of 1939, on the eve of the Holocaust, Gilbert and Eleanor Kraus set out on a highly unlikely mission. The handsome lawyer and his stylish wife left their two young children and their comfortable home near Philadelphia's Rittenhouse Square, sailed across the Atlantic Ocean and made their way into Nazi-controlled Austria. Their goal: to rescue 50 Jewish children from Vienna and bring them to safety in the United States. The fact that the Krauses were Jewish added to the daunting challenges and long odds that stood in their way. Yet another obstacle was American attitudes and policies during the 1930s that all but shut the door to Jews trapped by the Third Reich.
Advertisement
BUSINESS
June 27, 2009 | Tom Petruno
The government's measure of Americans' savings rate soared in May to the highest level in 15 years, but the number isn't quite what it seems. The Commerce Department measures total personal income, then deducts personal spending to arrive at what was saved. That isn't a very reliable way to determine whether or how much people actually are saving, because a single month's data can be skewed by unusual items.
BUSINESS
April 27, 2014 | Liz Weston, Money Talk
Dear Liz: I got a big tax refund this year and am trying to figure out what to do with the money. Right now I have school loans with a 4% interest rate that I do not need to make a payment on until 2024 with my current payment plan, but the amount I owe is pretty hefty and I know it's going to compound more over time. I also have a very low-interest car loan (1.9%) that will be paid off in 31/2 years. I also could put that money in the market in hopes that it will grow. I should add I am 27 years old. Any advice?
BUSINESS
January 31, 2012 | By Walter Hamilton
More than three in 10 people in California don't have enough savings to get by for three months if they were to lose their job, according to a study released Tuesday. More than two years after the official end of the recession, 30.9% of Californians have little to no financial cushion, according to the report by the nonprofit Corp. for Enterprise Development. If illiquid assets -- things that can't quickly or easily be converted into cash, such as a homeĀ -- are excluded from the equation, the number rises to an even more troubling 43.1%.
BUSINESS
July 9, 2009 | Gail MarksJarvis
Millions of Americans aren't saving enough for retirement, but African American and Latino investors, on average, are further behind than whites and are more likely to be a greater burden to their families because they save too little and invest too conservatively, new research has found. "It's extraordinarily disconcerting," said Mellody Hobson, president of Ariel Investments, which along with benefits firm Hewitt Associates conducted a study of 401(k) participants.
BUSINESS
March 7, 2010 | By Lew Sichelman
There are dozens of ways to make your housing investment pay off faster and at a greater return. In some cases, a small extra outlay may be required, sometimes every month, but the added expense is often pocket change when compared to the available savings. If you double up on the principal portion of your house payment every month, for example, you can cut 15 years off your 30-year mortgage and save half the interest you would otherwise have paid. Your mortgage is typically your largest monthly expense.
NEWS
April 5, 2012 | By Mary Forgione, Los Angeles Times Daily Travel & Deal blogger
Spring might be a good time to visit Hotel Victor in Miami's South Beach. The oceanfront Art Deco hotel that opened in 1936 and was refurbished in 2004 has a special that saves on room rates and offers a few extras too. The deal: The Spring Package at Hotel Victor, now operated by Thompson Hotels, comes with discounted room prices, two cocktails, a 15% discount on spa services and free Wi-Fi. Use the code "SPRING" when making a reservation. When: The deal is good for stays through June 30, subject to availability.
BUSINESS
January 19, 2014 | Liz Weston, Money Talk
Dear Liz: I often hear financial planners say you should save 10% of your income, but they don't go into exactly what that means. Is that 10% separate from retirement or including retirement? Does that include saving for your emergency fund? Is this just archaic advice now? I'm 46 with only $40,000 saved for retirement so I'm in the panic mode that I will never be able to save enough for retirement. Answer: Saving 10% for retirement is often considered a minimum for those who start saving in their 20s. The older you are when you begin, the more you'd need to save to match the nest egg you would have accumulated with an earlier start.
TRAVEL
January 12, 2014 | By Jen Leo
A social travel site that rewards followers of popular itineraries with savings. Name: CarryOn.com What it does: Features deals with escalating savings, meaning that the more people who follow a trip, the more savings CarryOn delivers. Members (free to join) choose between following an existing deal or creating their own. As more people follow the same deal, the price starts to drop. The site claims members can save up to 40%. What's hot: The site is attractive, and the deals are inviting, with large photos.
NEWS
April 25, 2014 | By Mary Forgione, Daily Deal and Travel Blogger
Mammoth Mountain plans to be open Memorial Day weekend and is featuring a $180 three-day pass and 20% off lodgings for the holiday weekend. Spring skiing rates at the Mammoth Lakes, Calif., ski resort started this week, with savings and slope time for those who don't want to give in to summer just yet. The deal: The ski resort Thursday reported a base depth of 20 inches at the main lodge (8,900 feet) and 50 inches at the summit (11,053 feet). Though temperatures were in the low 50s on Thursday, the resort was expecting more than a foot of snow by Saturday morning.
OPINION
April 24, 2014 | Times Editorial Board
Something stinks in Irwindale. In recent months, officials in the largely industrial San Gabriel Valley city have appeared to be on a crusade to shut down Huy Fong Foods, the company that makes a wildly popular Sriracha sauce, for emitting chili and garlic odors that bother some neighbors. While a city should protect residents from harmful and/or unpleasant fumes, Irwindale's aggressive and unreasonable tactics have threatened to drive a home-grown enterprise out of state and bolstered California's unfortunate reputation as a bad place to do business.
OPINION
April 24, 2014 | By Francesca Dominici, Michael Greenstone and Cass R. Sunstein
Last week, a divided court of appeals upheld what may well be the most important environmental rule in the nation's history: the Environmental Protection Agency's mercury standards. The regulation is expected to prevent up to 11,000 premature deaths, 4,700 heart attacks and 130,000 asthma attacks a year. Critics of the mercury rule have focused on its expense. The EPA estimates it will cost $9.6 billion a year, with most of the burden falling on electric utilities. Indeed, the issue of cost is what split the court.
SPORTS
April 23, 2014 | By Mike DiGiovanna
AT THE PLATE: The Angels scored twice in the sixth to take a 2-1 lead when Mike Trout walked, Albert Pujols hit a run-scoring double and Erick Aybar hit a run-scoring single. David Freese ended an 0-for-14 skid when he doubled to left-center and later scored on a wild pitch in the seventh, and Trout had a run-scoring single in the ninth. Pujols, who also singled in the first, struck out with the bases loaded to end the ninth. Aybar was seven for 12 in the series to raise his average from .175 to .240.
CALIFORNIA | LOCAL
April 21, 2014 | By Kurt Streeter and Joe Serna
A teenager who apparently stowed away on a Hawaiian Airlines flight from San Jose to Maui may have stayed warm because of the plane's landing gear, according to the Federal Aviation Administration. Heat from the plane's hydraulic lines in the wheel well, as well as heat retained in the tires, could have helped the stowaway survive as the aircraft climbed to altitudes with sub-zero temperatures, the FAA reported. In addition, the plane's steady climb to high altitudes may allow a person to drift into unconsciousness as oxygen becomes scarce.
CALIFORNIA | LOCAL
April 21, 2014 | Sandy Banks
Brandon Spencer ought to be considered an object lesson by wannabe gangsters carrying guns. The 21-year-old was sentenced Friday to 40 years to life in prison for shooting into a crowd waiting in line for a Halloween party on the USC campus in 2012. He wounded four people - including his target - but seems to think he ought to get leniency because nobody died. Spencer threw a tantrum in the courtroom when the judge announced his sentence, crying and banging his head on a table, like a 2-year-old sentenced to time-out.
NEWS
February 8, 2012 | By Mary Forgione, Los Angeles Times Daily Travel & Deal blogger
Winter always gets me thinking about going to theme parks in Southern California, even if I don't have visitors underfoot. The prospect of cooler temperatures and lighter crowds in February and March sends me looking for discounts on the high cost of tickets. I found that the Southern California CityPass -- with a flat rate for admission to Disneyland, Disney California Adventure, Universal Studios Hollywood and SeaWorld San Diego -- offers good savings, even when compared with incentives for SoCal residents.
BUSINESS
September 5, 2012 | By Chad Terhune, Los Angeles Times
An effort by three healthcare organizations that saved the California Public Employees' Retirement System $37 million in the last two years is gaining national attention as Medicare and employers search for ways to control rising medical costs. Blue Shield of California teamed up with the Dignity Health hospital chain, previously known as Catholic Healthcare West, and Hill Physicians Medical Group to coordinate care for 41,000 CalPERS members in the Sacramento area, starting in 2010.
IMAGE
April 19, 2014 | By Janet Kinosian, Special to the Los Angeles Times
Documentary filmmaker Susan Rockefeller's eponymous ocean-inspired jewelry line is filled with treasures inspired by an overworked sea. Sea creatures carefully crafted in gold, silver and precious gems are the tools she uses to spotlight the plight of our world's oceans. Married to fellow sea-lover and philanthropist David Rockefeller Jr. in 2008, she launched the jewelry line on World Ocean Day in 2012. Her pieces ($190 to $16,600) use natural-colored cultured freshwater Honora Ming pearls and recycled metals.
OPINION
April 15, 2014 | By The Times editorial board
With lawmakers showing little enthusiasm for an ambitious proposal by House Ways and Means Committee Chairman Dave Camp (R-Mich.) to overhaul the byzantine U.S. tax code, Congress has to decide what to do about dozens of temporary tax breaks that expired Dec. 31. Among them is an exemption for forgiven mortgage debt that's an essential part of a broader federal effort to solve a nagging problem, namely the spate of defaults caused by the recession....
Los Angeles Times Articles
|