‘Million Dollar Listing: Los Angeles’ stars warn ‘not just rich people’ affected by city’s ‘mansion tax’
In 2022, Los Angeles voters passed Measure ULA, a transfer tax nicknamed the "mansion tax," in 2022. The measure imposes a 4% charge on property sales above $5 million and a 5.5% charge on sales higher than $10 million.
Bay Area councilmember abruptly resigns, says he cannot afford cost of living
A longtime Newark city councilmember has abruptly resigned, citing the high cost of living in the Bay Area.
Hooters is closing several 'underperforming' US locations
Hooters is closing several "underperforming" restaurants across the U.S., joining a growing list of dining chains facing tough times.
Limited Too, early 2000s mall favorite of preteens, teases a comeback
Limited Too, a tween clothing retailer known for its bright, funky style, has reemerged on social media with an announcement of a comeback.
Olive Garden raising menu prices again
The CEO of Olive Garden's parent company said the price increases will "be more in line with inflation."
Major retailers closing doors amid inflation, lower consumer demand
Major retail chains are being forced to close thousands of brick-and-mortar stores across the U.S., with a number of reasons cited for the shutdowns.
US housing shortage grew to 4.5 million homes amid affordability crisis, data reveals
The study reveals the housing shortage grew, underscoring one of the root causes of the housing affordability crisis.
Sen. Cruz introduces bill to make tips exempt from federal income taxes
Sen. Ted Cruz introduced a bill that would exempt tips from the federal income tax.
29% of borrowers say student loan debt will have a major influence on their vote, survey finds
Nearly a quarter of the people polled in the survey say they struggle to afford their monthly student loan payments.
California residents are worst tippers in America, data shows
California ranked dead last at the bottom of the list, with an average tip of 17.9%.
Fed holds interest rates steady, projects just one cut this year
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.
Here's who's hiring teens this summer – and which jobs pay the most
Young workers account for about a third of all new hires each June. Here's which jobs hire the most teens – and which ones pay the most.
More than a quarter of Americans admit to skipping meals due to skyrocketing grocery costs: Report
26% of respondents claimed they purchased unhealthy foods for themselves or their families because of inflation.
Blaze Pizza relocating California headquarters
LeBron James-backed chain Blaze Pizza is relocating its Pasadena headquarters to Atlanta two months after the state increased the minimum wage for fast food workers to $20 back in April.
Orange juice makers consider using alternative fruit as prices skyrocket
Orange juice makers are getting squeezed by high prices
These California cities are the least affordable in America, data shows
Is homeownership affordable or even possible for the average American family? Depends where you live.
Dollar Tree buys 99 Cents Only stores out of bankruptcy
Dollar Tree has acquired rights for 170 leases of 99 Cents Only stores in California, Nevada, Texas, and Arizona.
Bass Pro Shops' CEO says brand will focus on affordability amid Inflation
Johnny Morris, CEO and founder of Bass Pro Shops, says inflation is 'very real,' and brand will focus on affordability.
Walmart laying off hundreds of employees, relocating many remote workers
Walmart is laying off hundreds of employees at its campus offices, as well as relocating many remote employees. Here’s what to know.
Red Lobster reportedly closing dozens of US restaurants: See the closure list
Red Lobster has closed at least 48 locations across the U.S. as the seafood restaurant chain faces financial trouble, according to a restaurant liquidator who is holding an online auction.