Los Angeles Financial News

Real estate agent Mauricio Umansky says high mortgage rates, high prices and low supply are creating difficulties for homebuyers on 'The Claman Countdown.'

Brian Kahn, whose role in the collapse of a US hedge fund has drawn scrutiny from prosecutors and battered shares of B. Riley Financial Inc., has been accused of defaulting on parts of a settlement meant to help repay investors who lost hundreds of millions of dollars. 

Jumpman: The Making and Meaning of Michael Jordan. By Johnny Smith. Basic Books; 336 pages; $30. The Book of James: The Power, Politics, and Passion of LeBron. By Valerie Babb.

SpaceX's lawsuit claiming a US labour board's structure is unconstitutional, after a judge in Texas granted the agency's request to send it to California. A panel of the New Orleans-based 5th US Circuit Court of Appeals in a brief order said the Los Angeles federal court should not have processed the transfer last week, days after the appeals court paused it pending an appeal by SpaceX.

Vice Media's CEO has said in a memo to staff members that the troubled company plans to lay off several hundred employees

By Lisa Richwine

Los Angeles Lakers will be hosting San Antonio Spurs at Crypto.com Arena on Friday. Bother sides have lost their previous matches. Spurs lost to Sacramento Kings and La Lakers were defeated by Golden State Warriors. NBA game between La Lakers and San Antonio Spurs will tip off at 10.30 pm (ET). The game will live streamed on fuboTV.

By Rachna Uppal and Hadeel Al Sayegh

Housing market trends are shaping up in favor of a solid 2024 for U.S. homebuilders — as long as mortgage rates don’t jump back to the highs they hit late last year

The Los Angeles City Ethics Commission has rejected a proposed settlement between the city and former CBS executive Les Moonves

Sales of previously occupied U.S. homes rose in January as homebuyers seized upon easing mortgage rates and a modest pickup in properties on the market

The average long-term U.S. mortgage rate rose this week for the third time in as many weeks, driving up home loan borrowing costs in just as the spring homebuying season ramps up

A cross-country United Airlines flight carrying 202 passengers was forced to land in Chicago after what local media reports, citing a preliminary police report, called a bomb threat

The Conference Board chief economist Dana Peterson says the LEI is great for the goods economy on Making Money.

Tokyo Vice', Amazon Prime Video's crime epic 'Too Old to Die Young' is a perfect show that offers complex characters from gray worlds, supported by engaging storytelling and visual effects of high quality. Directed by Nicholas Winding Refn and co-written by Ed Brubaker, 'Too Old to Die Young' follows Los Angeles detective Martin Jones, who leads a double life as a criminal. He is sucked into the criminal underbelly of Los Angeles after Jesus (Augusto Aguilera) kills Martin's partner, Larry (Lance Gross), who killed Jesus' mother. The 10-episode series of 'Too Old to Die Young' Season 1 arrived on Amazon Prime Video in 2019 after making its premiere at Cannes earlier the same year. Refn told 'Indiewire' way back in 2019 that this series is meant to put control back into the hands of the viewers, it doesn't have to be watched linearly. Keeping this in mind, viewers should prepare for the inevitability he may not return to the world of 'Too Old to Die Young' for another season.

Former U.S. Labor Secretary Eugene Scalia discusses the tentative deals in the actors and UAW strikes and the impact of the union vote on ‘Cavuto: Coast to Coast.’

Olivia Rodrigo is embarking on a tour to promote her album and the Grammy-winning pop star's Guts World Tour has sold out. This happened even after organisers had announced additional tour dates. Rodrigo's world tour will cover Los Angeles, London, Seattle, and San Francisco, according to a report in The Hollywood Reporter. Olivia Rodrigo's world tour tickets can be purchased from SeatGeek, GameTime, Ticket Liquidator, StubHub, VividSeats, and Ticket Network. More tickets will be distributed by Ticketmaster. These tickets will worth $20 tickets, as per the report.

By Akash Sriram

City crews have taken a first step toward securing an unfinished complex of downtown Los Angeles high-rises that have been vandalized with graffiti and used for dangerous social media stunts since the developer ran out of money

Snapchat’s parent company Snap Inc is recalibrating its focus on some of its key money-making markets like North America and Europe, the messaging app’s investments in India continue to drive monetisation of its more than 200 million monthly users, Snap India managing director Pulkit Trivedi told ET in an interview. “India continues to be a growth country for Snap and we’re looking at India in a very different way given that there is a huge headroom to grow on the community side as well as on the monetisation side. So, we continue to invest in India,” Trivedi said.

This year's Daytona 500 event is all set to commence at 2.30 pm (ET) on Sunday at Daytona International Speedway. Daytona 500 event in 2024 can be watched live on NBC, Fox and Fox Sports 1. The live streaming of 2024's Daytona 500 can be live streamed on FoxSports website and App.