'We Know This Is A Recession, But We Don't Want This To Go Into Depression Territory,' Says Economics Professor
With the first round of economic stimulus running out, millions of Americans are about to take a massive hit to their household budget.
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With the first round of economic stimulus running out, millions of Americans are about to take a massive hit to their household budget.
The United States economy endured its worst quarter in recorded history this past spring, brought on by the ongoing coronavirus pandemic.
The big box electronic store announced Wednesday it would close all its stores on Thanksgiving Day because of the ongoing COVID-19 pandemic, acknowledging "this holiday season may certainly look different."
A second stimulus payment seemed unlikely after the first stimulus led to economic gains but has a good chance now as the virus spikes and recovery stalls.
A second stimulus payment grows more likely by the day, with coronavirus surging and the fate of the economy hanging in the balance.
Dr. Dave Hnida answers common questions about staying safe from coronavirus this summer while still enjoying the warm weather and company of friends.
With coronavirus limitations easing and summer in full swing, Dr. Max Gomez answers questions about safety while vacationing and enjoying outdoor activities.
Dr. Mallika Marshall, a practicing physician, answers common questions about coronavirus safety this summer at the pool, the beach and out and about.
The company, whose brands include Macy's, Bloomingdale's and Bluemercury, expects the moves will save $395 million in 2020 and $630 million annually going forward.
The job market isn't hopeless, and the job seeker isn't helpless... experts give advice on how to find a job during this economic downturn.
With so much uncertainty in the world, economic recovery will be a long, slow process.
The unemployment rate took a surprising drop, but while hope exists the road to recovery remains uncertain.
Restaurants that rely on in-house dining will continue to struggle, while delivery and takeout spots will likely thrive.
Missed rent and mortgage payments can have a domino effect that hurts communities and depresses the economy.
Many restaurants are once again reopening for table service, but coronavirus has fundamentally changed the calculus of eating out.
The first earthquake happened at around 11:15 p.m. Saturday, with several more occurring into Sunday morning, the USGS said.
Police say that the man threatened the Culver City headquarters of TikTok in a series of posts on social media.
Mark Sanchez, who is a Fox Sports analyst, was arrested on multiple misdemeanor charges at an Indianapolis hospital, police said.
No information regarding a potential suspect was released.
California rideshare drivers will have the ability to form a union and negotiate a contract, while still being classified as independent contractors.
Police say that the man threatened the Culver City headquarters of TikTok in a series of posts on social media.
While firefighters searched the home, they found one person who required hospitalization. He was pronounced dead after being taken to the hospital.
The stabbing happened just before 10:40 a.m. in the 1300 block of Temple Avenue, according to Long Beach police. A person of interest was detained at the scene.
A USC professor said gas prices could increase by 13 cents a week for every week the refinery is offline.
A nonprofit that serves hot meals and coffee to homeless people is asking for help after thieves ransacked their trailer.
The show will still feature a World War II bomber, the Canadian Forces Snowbirds and the Royal Air Force Falcons.
It happened at around 10:30 p.m. on Monday near MacArthur Boulevard and E. Coast Highway, Newport Beach police said.
The family of Ismael Ayala-Uribe, the 39-year-old Mexican man and former DACA recipient who died in the custody of U.S. Immigration and Customs Enforcement last week, demanded answers during a press conference on Tuesday.
An audit found that the city overpaid the Santa Police Officers Association by about $3 million.
A group of Huntington Beach residents gathered on Saturday to help their neighbor clear debris and brush from his property after he underwent a series of life challenges that left him unable to do so.
The first earthquake happened at around 11:15 p.m. Saturday, with several more occurring into Sunday morning, the USGS said.
The real estate agent was hospitalized with serious injuries after she was attacked inside what was supposed to be a vacant home, police said.
Authorities served three search warrants on Wednesday, resulting in 17 arrests and the recovery of stolen property worth nearly $400,000.
Southwest Healthcare Corona Regional Medical Center is the second Inland Empire hospital to announce the closure of their labor and delivery services ward due to a declining birth rate.
CHP officers say that the semi truck lost control and crashed into a pole, which caused it to overturn and burst into flames.
More than 300 properties in the Pacific Palisades that were partially or completely burned in the January wildfires have received brush clearance citations, a KCAL News investigation has revealed. Ross Palombo reports.
The former Los Angeles Fire Chief Kristin Crowley has filed a legal claim against the city and Mayor Karen Bass nearly six months after she was removed as chief. KCAL Senior Report Ross Palombo has more on the legal move.
New data shows a dramatic increase in immigration arrests in our area. As Senior Reporter Ross Palombo found, we can now see exactly where these detainees are going.
Residents in the Rancho Palos Verdes have been living in fear that one day their homes might slide down the edge of the slope. Just when they thought they were going to be receiving funds to help, it got ripped away. Jeff Nguyen reports
Ross Palombo breaks down the latest numbers from ICE.
U.S. District Judge Karin Immergut, a Trump appointee, issued the temporary restraining order, which is set to expire on Oct. 18, according to court records.
Mark Sanchez, who is a Fox Sports analyst, was arrested on multiple misdemeanor charges at an Indianapolis hospital, police said.
Rite Aid announced on its website that all locations will be closing.
The U.S. government is planning to give migrant teenagers a $2,500 stipend if they choose to return to their home countries voluntarily.
The 2025 government shutdown stretched into its fourth day on Saturday, with the Senate again failing to advance competing proposals to end the impasse.
California rideshare drivers will have the ability to form a union and negotiate a contract, while still being classified as independent contractors.
The U.S. government is planning to give migrant teenagers a $2,500 stipend if they choose to return to their home countries voluntarily.
The plan called for Hamas to return all Israeli hostages and for the Israeli military to begin withdrawing from parts of the Gaza Strip in phases.
The 2025 government shutdown stretched into its fourth day on Saturday, with the Senate again failing to advance competing proposals to end the impasse.
The Supreme Court convenes for a new term Monday and is set to hear cases ranging from the use of race in redistricting to Trump's efforts to reshape the executive branch.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Meal kit delivery firm HelloFresh will pay $7.5 million to settle a lawsuit accusing it of misleading customers and making it difficult for them to cancel their subscriptions.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Lawmakers in California are expected to consider a bill that would allow cities to designate so-called "hospitality zones" where bars and restaurants can serve alcohol until 4 a.m.
A proposal brought on by Northern California lawmaker is seeking to improve the process of cleaning up abandoned shopping carts in the state, which are often a source of blight on streets and waterways.
Gov. Gavin Newsom on Friday signed a series of bills aimed at expanding access to reproductive health care and strengthening privacy protections for patients and providers in California.
LA County Department of Public Health officials said that four cases were reported between late July and August, and that the patients lived in central Los Angeles and the Antelope and San Fernando valleys.
Health officials say that the child developed a condition called subacute sclerosing panencephalitis, which can develop in someone who had a measles infection early in life.
Health and Human Services Secretary Robert F. Kennedy Jr. defended firing the director of the CDC at a hearing before a Senate committee on Thursday.
California, Oregon, Washington and Hawaii announced the formation of a health alliance to guide residents on vaccines and immunizations because of what a joint statement called "the politicization of science" by the federal government.
A charity that accepted donations of vehicles that would pay for breast cancer screenings for low-income patients agreed Thursday to pay a $3.8 million fine and to restrictions on future fundraising activities in 19 U.S. states, including Colorado.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Target CEO Brian Cornell, who helped reenergize the company but has struggled to turn around weak sales in a more competitive retail landscape since the COVID pandemic, plans to step down Feb. 1.
Drivers of electric vehicles across California will soon lose privileges to drive in the carpool lane solo, as the Clean Air Vehicle decal program is set to end next month.
A Southern California man has pleaded guilty for his role in a scheme that stole more than $2 million from San Francisco-based food delivery company DoorDash, federal prosecutors said.
Teoscar Hernández rallied the Los Angeles Dodgers with a three-run homer in the seventh inning of a 5-3 win over the Philadelphia Phillies in Game 1 of their NL Division Series.
Petar Musa scored his 18th goal of the season in the 35th minute and Patrickson Delgado scored just before halftime as FC Dallas beat the LA Galaxy 2-1 on Saturday.
Nico Iamaleava ran for three touchdowns and passed for two more as UCLA upset No. 7 Penn State 42-37 on Saturday.
Mark Sanchez, who is a Fox Sports analyst, was arrested on multiple misdemeanor charges at an Indianapolis hospital, police said.
Los Angeles Dodgers star Clayton Kershaw will pitch out of the bullpen in the NL Division Series against Philadelphia.
Taylor Swift's 12th studio album, "The Life of a Showgirl," was released at midnight Friday. Swift wrote and produced the album with Swedish producers Max Martin and Shellback.
Dutch producer pitches her AI creation, Tilly Norwood, as the next Scarlett Johansson, and says several agents are vying to represent it.
Doctors are warning of a food trend inspired by the popular Netflix movie "KPop Demon Hunters" that is leading to serious burn injuries.
Dolly Parton is postponing her upcoming Las Vegas concerts over recent "health challenges," she announced Sunday.
The NFL, Apple Music and Roc Nation announced Bad Bunny will lead the 2026 Super Bowl halftime festivities at Levi's Stadium on Feb. 8 in Santa Clara, California.
Rediscovering the iconic places that remind us of growing up in Southern California, or when we first moved here, and why we love this region so much.
Although the U.S. Military cannot participate in the Pacific Air Show in Huntington Beach this weekend, the show must go on. Alys Martinez reports.
It was a chilly morning on Sunday -- here's why. Paul Deanno reports.
Police say that the man threatened the Culver City headquarters of TikTok in a series of posts on social media.
The earthquake occurred about four miles north of Big Bear, according to the United States Geological Survey.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
Several people have been injured and multiple homes burned after the Mountain Fire broke out Wednesday morning in Ventura County, burning over 10,000 acres within hours.
KCAL News Anchor and three-time Emmy award-winning journalist Chauncy Glover has died.
