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Recent Articles

msn.com

Food truck explosion in Whittier injures five people; authorities are investigating - MSN

<img data-reference=“image” data-document-id=“cms/api/amp/image/BB1ql2EW”><p>Five people were injured, two critically, in an explosion Saturday morning at a food truck in a popular dining and shopping area of Whittier, according to authorities.</p><p>Eleven units of firefighters and paramedics were dispatched at 9:17 a.m. to the 6700 block of Greenleaf Avenue, said Martin Rangel, supervising fire dispatcher at the Los Angeles County Fire Department.</p><p>“There was an explosion of some kind” bu…
latimes.com

In ‘generational moment,’ Port of L.A. faces shifting winds in busi...

The Port of Los Angeles has long been the single busiest seaport in the Western Hemisphere, employing thousands of Southern Californians and playing a critical role in the vast supply chain that underpins both the California economy and that of the United States as a whole. Together with neighboring Port of Long Beach in the San Pedro Bay, it handles a whopping 40% of all the container traffic from continental Asia. But today, as Port of Los Angeles director Gene Seroka puts it, this important b…
uk.news.yahoo.com

California jobs picture brightens in May; unemployment drops for fi...

In a surprisingly strong economic report, California employers stepped up hiring in May and the state unemployment rate fell for the first time since 2022.
sg.news.yahoo.com

California jobs picture brightens in May; unemployment drops for fi...

In a surprisingly strong economic report, California employers stepped up hiring in May and the state unemployment rate fell for the first time since 2022.
dailyitem.com

Behind the stunning job losses in Hollywood: ‘The audience has move...

The iron fist of history seems finally to be coming for Tinseltown.
latimes.com

Inflation eases in May, but major relief on interest rates not comi...

The rate of inflation eased slightly last month, the government said Wednesday, but the financial squeeze that Americans are feeling is not likely to let up anytime soon, especially in high-cost California. That’s because a residue of sharply higher prices left behind by the COVID-19 pandemic still weighs on the pocketbooks and psychology of consumers. Prices of new and used cars and trucks, for example, are 27% higher than before the pandemic, even though they went down 3.4% in May from a year…
spokesman.com

Inflation eases in May, but don't expect relief on interest rates a...

Consumers in the West Coast and across the nation received a bit of relief last month as inflation eased after running hotter than expected earlier in the year. The government said Wednesday that U.S. consumer prices overall rose 3.3% in May from the same month a year earlier. The new report will be welcomed by the Federal Reserve as it meets later Wednesday to consider interest rate policies. ...
msn.com

Rubio's Coastal Grill, citing rising business costs, abruptly shuts...

<img data-reference=“image” data-document-id=“cms/api/amp/image/BB1nystV”><p>Rubio’s Coastal Grill, a fast-casual Mexican restaurant based in Carlsbad, has abruptly closed 48 stores in California, citing the rising cost of doing business in the state. </p><p>The company did not elaborate on the closures, which came Friday and stunned workers, but it came two months after the state’s $20 an hour minimum wage took effect for fast-food employees.</p><p>Rubio’s said it would keep operating 86 remain…
latimes.com

Inflation improves slightly in April, but high cost of housing rema...

Government data released Wednesday show that inflation eased a bit in April, but remains at a relatively high level. The latest report isn’t likely to lift the grim mood that much of the public has toward an otherwise solid economy. Though incomes have generally risen more than consumer prices, the overall rate of inflation remains stubbornly high. It dropped a notch in April but was up 3.4% from a year ago, the Bureau of Labor Statistics said. And unexpectedly, the biggest culprit is housing. T…
dailyitem.com

Can AI-powered drive-throughs save the day for fast food operators?...

It didn’t take long for Harshraj Ghai to respond to the impact of California’s new $20 an hour minimum wage for his 3,700 fast-food employees.
latimes.com

Despite lagging performance, California expected to avoid recession...

For the second month in a row, California posted the highest unemployment rate in the country, according to new data for March. And it was one of only two states, the other being Nevada, with a March jobless rate above 5%, said the Bureau of Labor Statistics. On the positive side, data released Friday by the state’s Employment Development Department showed that California’s job growth turned upward last month, though the improvement still lagged behind the national average. California’s jobless…