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  • The Fitch credit rating agency has warned that it is reviewing the U.S. government's AAA credit rating for a possible downgrade.
Tags:
economy, finance, business
  • President Barack Obama will nominate Federal Reserve vice chair Janet Yellen to succeed Ben Bernanke as chairman.
Tags:
economy, wall street, national news
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  • State officials say rampant truancy could cost California billions of dollars in increased crime and poverty.
Tags:
education, economy, lausd, california news, miriam hernandez
  • See the latest job postings for ABC7 in Los Angeles. Positions typically available include freelance work, full-time work and Internships.
Tags:
jobs, economy, about abc7
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  • New census figures show San Bernardino County has some of the worst poverty rates in the nation.
Tags:
economy, inland empire news, leticia juarez
  • People are seen standing in line for a job fair in the Los Angeles area in this undated photo.
  • California's jobless rate rose for the second month in a row in August, even as the state added more than 29,000 jobs.
Tags:
jobs, unemployment, economy, california news
  • People are seen working in this undated file photo.
  • For young people looking for work, jobs are few and far between. And the situation does not appear to be getting any better.
Tags:
economy, jobs, unemployment, los angeles news, rob hayes
  • People are seen working in this undated file photo.
  • For young people looking for work, jobs are few and far between. And the situation does not appear to be getting any better.
Tags:
jobs, economy, unemployment, eyewitness news
  • A mysterious glitch halted trading on the Nasdaq for three hours in the latest major electronic breakdown on Wall Street on Thursday, Aug. 22, 2013.
  • A mysterious glitch halted trading on the Nasdaq for three hours in the latest major electronic breakdown on Wall Street.
Tags:
economy, wall street, vod
  • The California unemployment rate rose to 8.7 percent in July, the first increase since the spring of 2011.
Tags:
unemployment, jobs, economy, california news
  • The housing market in the Inland Empire, especially in Riverside County, is on a major upswing.
Tags:
real estate, economy, eyewitness news
  • See the latest job postings for ABC7 in Los Angeles. Positions typically available include freelance work, full-time work and Internships.
Tags:
jobs, economy, abc7 tools
  • The state budget deficit is finally zero, but the unemployment fund still has a negative balance.
Tags:
jerry brown, unemployment, economy, california news, nannette miranda
  • New numbers show California's jobless rate improved, but new numbers mean a change in the unemployment-benefits formula.
Tags:
unemployment, economy, california news, nannette miranda
  • It's a 'seller's market' in California. Home prices throughout the state are bouncing back at a record pace.
Tags:
economy, housing market, business, rudabeh shahbazi
  • Detroit has become the largest U.S. city to file for bankruptcy, as the emergency manager filed for Chapter 9 protection.
Tags:
jobs, economy, business
  • Ten weeks of extended unemployment benefits will likely be chopped off next month, from maximum 73 weeks to 63.
Tags:
unemployment, economy, california news, nannette miranda
  • A home for sale.
  • Mortgage rates have suddenly jumped from near-record lows and are adding thousands of dollars to the cost of buying a home.
Tags:
economy, housing market, save money / consumer news
  • Job-seekers are seen at the El Monte Community Center where a job fair was held on Friday, June 21, 2013.
  • California's unemployment rate for May was 8.6 percent, the lowest level since November 2008, state officials said.
Tags:
jobs, unemployment, economy, california news
  • Job-seekers are seen at the El Monte Community Center where a job fair was held on Friday, June 21, 2013.
  • California's unemployment rate for May was 8.6 percent, the lowest level since November 2008, state officials said.
Tags:
jobs, unemployment, economy, eyewitness news
  • Traders are seen on the floor of the New York Stock Exchange on Thursday, June 20, 2013.
  • The U.S. stock market is opening higher as traders regroup following the biggest drop of the year.
Tags:
wall street, economy, eyewitness news
  • The California State Capitol is seen in this undated file photo.
  • The California Legislature passed a $96.3 billion state spending budget Friday.
Tags:
california state assembly, california state senate, budget, economy, jerry brown, california news
  • Los Angeles Superior Court is seen.
  • Layoffs and staff cutbacks affecting more than 500 Los Angeles Superior Court employees kicked in Friday.
Tags:
budget, economy, los angeles news
  • A home for sale.
  • Average U.S. rates on fixed mortgages jumped to their highest levels in a year, signaling slightly higher costs.
Tags:
economy, housing market, save money / consumer news
  • The Democrat-controlled state Assembly passed a bill to raise the minimum wage in California from $8 to $8.25 per hour.
Tags:
economy, california state assembly, california news, nannette miranda
  • A house is seen in this undated file photo.
  • Consumer Specialist Ric Romero shows you why short sales are usually the best choice for struggling homeowners.
Tags:
economy, housing market, finance, save money / consumer news
  • The state unemployment rate has sharply dropped to 9 percent, the states lowest since November 2008.
  • The state unemployment rate has sharply dropped to 9 percent, the state's lowest since November 2008.
Tags:
jobs, unemployment, economy, california news, nannette miranda
  • The state unemployment rate has sharply dropped to 9 percent, the states lowest since November 2008.
  • The state unemployment rate has sharply dropped to 9 percent, the state's lowest since November 2008.
Tags:
jobs, unemployment, economy, eyewitness news
  • Despite billions in unexpected cash in California's coffers, Gov. Brown revealed a spending plan lower than projected.
Tags:
california, budget, economy, education, school, california news
  • Twinkie the Kid is seen on the window of a Hostess outlet store in Glendale on Friday, Nov. 16, 2012.
  • Good news for people who are missing their Hostess treats. The treats could be back on store shelves as soon as July.
Tags:
finance, economy, food, business
  • Tax Day has arrived and that means procrastinators are scrambling to file their taxes by the deadline.
  • Tax Day has arrived and that means procrastinators are scrambling to file their taxes by the deadline.
Tags:
economy, save money / consumer news, christina salvo
  • Tax Day has arrived and that means procrastinators are scrambling to file their taxes by the deadline.
  • Tax Day has arrived and that means procrastinators are scrambling to file their taxes by the deadline.
Tags:
economy, save money / consumer news
  • A U.S. Postal Service vehicle is seen in this undated photo.
  • The U.S. Postal Service for now is backing down on cutting Saturday mail delivery because Congress won't allow the change.
Tags:
budget, economy, business
  • President Barack Obama speaks at a news conference during his Mideast tour in March, 2013.
  • President Obama is voluntarily giving back five percent of his salary because of cuts that are hitting federal workers.
Tags:
economy, budget, president barack obama, national news
  • Bellflower Medical Center is seen in this undated file photo.
  • Pacific Health will be closing more hospitals this week, in part because of legal costs associated with a fraud case.
Tags:
economy, health care, legal, eyewitness news
  • The state unemployment rate fell to 9.6 percent in February, the state's lowest since December 2008.
Tags:
jobs, unemployment, economy, california news
  • The exterior of Anaheim General Hospital is on Wednesday, March 27, 2013.
  • Doctors and nurses at Anaheim General are looking for new jobs. The hospital is closing after years of financial troubles.
Tags:
health care, legal, economy, orange county news, melissa macbride
  • The exterior of Anaheim General Hospital is on Wednesday, March 27, 2013.
  • Doctors at Anaheim General are looking for new jobs. The hospital is closing after years of financial troubles.
Tags:
economy, health care, legal, eyewitness news
  • Building sites are busy and lumberyards, contractors and construction companies are hiring again.
Tags:
economy, construction, california news, leticia juarez
  • A Wall Street sign is seen in this undated file photo.
  • The Dow closed at a record, beating the previous high it set in October 2007, before the financial crisis and the Great Recession.
Tags:
economy, wall street, business, ric romero
  • A Wall Street sign is seen in this undated file photo.
  • The Dow closed at a record, beating the previous high it set in October 2007, before the financial crisis and the Great Recession.
Tags:
economy, wall street, business
  • A sign advertizing jobs is seen.
  • The automatic budget cuts in Washington, known as sequestration, could put a damper on the state's economy.
Tags:
sequester, budget, economy, washington d.c., california news, nannette miranda
  • A sign advertizing jobs is seen.
  • The automatic budget cuts in Washington, known as sequestration, could put a damper on the state's economy.
Tags:
budget, economy, washington d.c., eyewitness news
  • Undated file photo of a California Employment Development Department office.
  • If the automatic federal spending cuts go through, sequestration will be felt the hardest in California's public schools.
Tags:
budget, economy, california news, nannette miranda
  • Undated file photo of a California Employment Development Department office.
  • If the automatic federal spending cuts go through, sequestration will be felt the hardest in California's public schools.
Tags:
economy, budget, eyewitness news
  • Jesse Hale holds up a sign he uses while panhandling in San Bernardino on Monday, Feb. 25, 2013.
  • In addition to financial issues, the city of San Bernardino says it has a panhandling problem. Officials are looking for solutions.
Tags:
san bernardino county, economy, inland empire news, rob mcmillan
  • Jesse Hale holds up a sign he uses while panhandling in San Bernardino on Monday, Feb. 25, 2013.
  • In addition to financial issues, San Bernardino says it has a panhandling problem. Officials are looking for solutions.
Tags:
economy, san bernardino county, eyewitness news
  • The California State Capitol is seen in this undated file photo.
  • A report looks at how California spends taxpayer money. There's a debate over whether the state's priorities are misplaced.
Tags:
budget, economy, california news, nannette miranda
  • The California State Capitol is seen in this undated file photo.
  • A report looks at how California spends taxpayer money. There's a debate over whether the state's priorities are misplaced.
Tags:
economy, budget, eyewitness news
  • A U.S. Postal Service vehicle is seen in this undated photo.
  • The U.S. Postal Service says it will stop delivering mail on Saturdays but continue to disperse packages six days a week.
Tags:
budget, economy, business, john gregory