UCLA Anderson Forecast: Coronavirus Plunges US Into Recession, California Will Be Severely Hit
The revision is the first in the forecast's 68-year history where an update was published between its scheduled quarterly releases.
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The revision is the first in the forecast's 68-year history where an update was published between its scheduled quarterly releases.
Southern Californians should expect to see a dip in the economy due to the growing precautions put in place to mitigate the spread of coronavirus in the U.S.
Looks like more people are finding work. The latest US jobs report shows hiring jumped in April -- employers added 263,000 jobs.
Stocks plunged Tuesday ahead of a day of mourning honoring the late President George H.W. Bush.
The economy is just as strong today as it was last week. Keep that in mind as you process the Dow's breathtaking 1,175-point plunge on Monday.
Is your small business protected from even the slightest of downturns? Use these solutions to provide stability to your cash flow.
Apple is planning to build another corporate campus and hire 20,000 workers during the next five years as part of a $350 billion commitment to the U.S. that will be partially financed by an upcoming windfall from the country's new tax law.
This stock market doesn't obey speed limits. It just blasted through another barrier: Dow 25,000, barely a month after it cracked 24,000 for the first time.
How do people feel about GOP tax bill? It depends on who you ask. Some business, advocacy and trade groups have major concerns with it. Others say the tax plan will boost the economy.
The U.S. economy rebounded from the hurricanes and added 261,000 jobs, the best performance of the Trump administration.
An overwhelming majority of Americans (89 percent) believe that investments in infrastructure will strengthen the U.S. economy, according to a new poll released Tuesday by the Association of Equipment Manufacturers.
California is still golden, but President Donald Trump's policies on immigration and foreign visitors could hit the state's economy hard in two places – agriculture and tourism.
The county's unemployment is down and its economic output is up, but experts say more high-paying jobs are needed to replace those giving way to lower-wage service-sector positions.
In another sign of how the economy has improved since the recession, an analysis released Thursday shows that U.S. homeowners saw their equity increase by a total of $227 billion in the third quarter of 2016.
Verizon has cut jobs in stores across the country as it deals with increasing competition in the wireless industry.
Despite the uncertainty of the impending election, California employment has reached record levels and employment will likely continue to grow over the next two years, according to a UCLA economic forecast released Wednesday.
Cisco Systems says it will lay off 5,500 employees as the internet gear maker scrambles to adapt to technology changes that have reduced demand for its main products.
Miss California USA is poking some fun at herself after flubbing a question about the nation's economic gap during the Miss USA pageant.
Hundreds of thousands of jobs are projected to be added in Los Angeles County over the next four years, but most of them will offer low pay, according to a report Wednesday.
California's economy is projected to grow at a faster pace than the rest of the United States over the next two years, according to the UCLA Anderson Forecast released Wednesday.
Another Southern California retail giant will be closing its doors.
Yahoo is laying off about 1,700 employees and shedding some of its excess baggage.
Amazon is joining Uber and other popular companies with a new program that hires workers to deliver packages in the latest example of the emerging so-called "gig economy".
The grocery chain is cutting 1.6 percent of its workforce over the next eight weeks as it looks to lower prices and keep up with competition.
A statewide drought has drained $2.7 billion from California's economy, University of California researchers announced Tuesday.
The legal team representing the Los Angeles Dodgers in an upcoming trial want the judge to bar mention of the parking lot attack that left a San Francisco Giants fan with severe injuries 13 years ago.
Los Angeles County is suing the owners and operators of the Chiquita Canyon Landfill in Castaic, alleging the site has released hazardous gases hurting the health of local residents who have complained of headaches, difficulty breathing and heart problems.
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
The future of the beloved Reche Canyon donkey community has residents at odds over how the situation is being handled, and where the animals may actually end up.
The suspect allegedly kidnapped at least two women, including a case where a woman was held captive for roughly two weeks.
One week after the Franklin Fire erupted in Malibu, new red flag warnings have been issued for the same areas.
The legal team representing the Los Angeles Dodgers in an upcoming trial want the judge to bar mention of the parking lot attack that left a San Francisco Giants fan with severe injuries 13 years ago.
Los Angeles County is suing the owners and operators of the Chiquita Canyon Landfill in Castaic, alleging the site has released hazardous gases hurting the health of local residents who have complained of headaches, difficulty breathing and heart problems.
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
The future of the beloved Reche Canyon donkey community has residents at odds over how the situation is being handled, and where the animals may actually end up.
The legal team representing the Los Angeles Dodgers in an upcoming trial want the judge to bar mention of the parking lot attack that left a San Francisco Giants fan with severe injuries 13 years ago.
Los Angeles County is suing the owners and operators of the Chiquita Canyon Landfill in Castaic, alleging the site has released hazardous gases hurting the health of local residents who have complained of headaches, difficulty breathing and heart problems.
The suspect allegedly kidnapped at least two women, including a case where a woman was held captive for roughly two weeks.
The thieves took off with half a truckload of toys meant for the children in need.
A Christian Bible college based in Southern California has been ordered to cease operations after state inspections discovered empty classrooms, an inadequate handling of records and courses being taught via live-stream at its campuses.
The suspect allegedly kidnapped at least two women, including a case where a woman was held captive for roughly two weeks.
Johnny Mercado, 35, was found shot to death near the intersection of Jetty Drive and Trask Avenue on March 29.
It happened just after 3 p.m. on Santiago Canyon Road, according to the California Highway Patrol.
Murphy died at his home after suffering an unspecified medical emergency, according to city officials.
An Irvine neighborhood is living on edge after several homes were burglarized in a string of recent break ins, which police say are the work of a transnational crime ring.
The future of the beloved Reche Canyon donkey community has residents at odds over how the situation is being handled, and where the animals may actually end up.
It happened at around 8:30 p.m. along southbound lanes of I-215, just north of Scott Road, according to the California Highway Patrol.
It happened at around 9 p.m. on Friday in the 26100 block of Newport Road, according to the Menifee Police Department.
Authorities say that more arrests are anticipated.
Deputies were called to the area in order to investigate a "suspicious circumstance" and found a 56-year-old woman who was suffering from trauma.
Is your recycled Starbucks cup ending up where you expected? A CBS News investigation says that it probably isn't.
While sometimes slow, the tracing system from the Bureau of Alcohol, Tobacco Firearms and Explosives played an instrumental role in helping law enforcement locate the man who opened fire inside a Monterey Park dance hall in 2022.
Following a deadly hijacking of a Metro bus, Ross Palombo digs through data about violence on the Metro system.
Ross Palombo goes over the crime statistics available for the Metro.
KCAL News investigates connection between Beverly Hills armed robbery and gun belonging to notorious police killer Christopher Dorner.
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
ABC News agreed to contribute $15 million to President-elect Donald Trump's presidential foundation and museum to settle the defamation suit filed by Trump.
Former House Speaker Nancy Pelosi underwent a successful hip replacement after an injury in Europe.
President-elect Donald Trump huddled with allies while attending one of college football's biggest rivalries.
Former House Speaker Nancy Pelosi is in the hospital after sustaining an injury on an overseas trip in Luxembourg, her office said Friday.
Rep. Mike Waltz said President-elect Donald Trump has a good relationship with Hungarian Prime Minister Viktor Orbán, who he said also has ""regular engagement" with Russia amid its war with Ukraine.
ABC News agreed to contribute $15 million to President-elect Donald Trump's presidential foundation and museum to settle the defamation suit filed by Trump.
Former House Speaker Nancy Pelosi underwent a successful hip replacement after an injury in Europe.
President-elect Donald Trump huddled with allies while attending one of college football's biggest rivalries.
Former House Speaker Nancy Pelosi is in the hospital after sustaining an injury on an overseas trip in Luxembourg, her office said Friday.
Grocery giant Albertsons will pay nearly $4 million to settle a lawsuit accusing it of overcharging customers at hundreds of Albertsons, Safeway and Vons supermarkets.
A federal judge has blocked a new California law allowing any person to sue for damages over election deepfakes.
Californians with iPhones and Apple Watches will now be able to store digital versions of their driver's licenses and identification cards on their devices, state officials announced.
The authorization comes after a week-long voting period for the more than 6,000 Food4Less workers represented by the United Food and Commercial Workers Local union.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
Cases now reported in eight states related to Yu Shang Food products sold online and at stores nationwide, officials say.
Public health officials are urging residents and business owners to monitor their water sources after seven people reported contracting Legionnaire's Disease in recent days.
The first case in the U.S. of a more severe strain of mpox was reported in San Mateo County, the California Department of Public Health said.
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
Public health officials have reported two more locally acquired cases of the mosquito borne illness dengue in Los Angeles County, bringing the total to 11 cases in recent weeks.
The lawsuit contends that multiple food truck operators have created constant nuisance outside of the store in the form of congestion, trash generation and rudeness to store employees.
California Gov. Gavin Newsom announced Monday that the state would renew a rebate program for electric vehicles if the incoming Trump administration eliminates the current federal tax credit.
Avid coin collectors jumped at the chance to get their hands on a rare "double eagle" gold coin at a Southern California auction house.
Los Angeles County is taking on Pepsi and Coke for their role in plastic pollution.
Two more members of the Los Angeles Times editorial board have resigned after the newspaper's owner blocked its plan to endorse Democratic Vice President Kamala Harris for president.
The NFL announced that the Patriots will be playing a Saturday afternoon game in Week 17 against the Chargers.
James Harden scored 24 of his 41 points in the first quarter and the Los Angeles Clippers rolled to a 144-107 victory over the Utah Jazz while reaching a season-high scoring total.
Janiah Barker had her fourth double-double of the season with 12 points and 13 rebounds and top-ranked UCLA led throughout in its 69-37 victory over Cal Poly on Monday night at Pauley Pavilion.
Anthony Davis had 40 points and 16 rebounds, LeBron James added 18 points in his return and the Los Angeles Lakers beat the Memphis Grizzlies 116-110 on Sunday night.
Desmond Claude scored 19 points, Saint Thomas scored 13 of his season-high 17 points in the the first half and Southern California never trailed as the Trojans beat Montana State 89-63.
Tory Lanaz, who is serving a 10-year prison sentence for shooting Megan Thee Stallion in the feet, is harassing her from prison through surrogates, the petition alleges.
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
Paula Abdul and former "American Idol" producer Nigel Lythgoe have agreed to settle a lawsuit in which she alleged he sexually assaulted her in the early 2000s when she was a judge on the show.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
Alys Martinez reports from Eagle Rock, where she speaks with the owner of LAKO Boxing. He's demanding action from local leaders after an intentionally set fire outside his gym is just the latest incident in a string of vandalism plaguing the area.
Evelyn Taft heads to Simi Valley to see how was neighborhood transformed their street into a winter wonderland.
Luzdelia Caballero reports from Malibu, where the firefight against the Franklin Fire continues after a week. It comes at a time that new red flag warnings have been issued for the region.
Rina Nakano shows us how their handmade toys are bringing simple joy to military kids.
Whether it's their morning coffee or a glass of wine at sunset, every day Irma Cameron and Joanne Gates take in the beautiful view from their terrace at Everleigh Senior Community in San Clemente. Nik Zecevic reports.
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.
Los Angeles comes out to celebrate the Boys in Blue two days after winning the 2024 World Series.
The Los Angeles Dodgers are World Series champions after defeating the New York Yankees in game 5.
