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Southern California Jobs News

Construction of new homes falls sharply in August

Housing starts tumbled in August, led by a falloff in apartment and condo construction, new figures showed.

Stocks creep higher after jobless claims drop

NEW YORK — The U.S. stock market headed up in early Thursday trading as investors received more encouraging news on the economy. The...

Weekly unemployment claims plunge to 280,000, near a 14-year low

Weekly unemployment claims plunge to 280,000, near a 14-year low

Initial jobless benefits claims plunged to near a 14-year low last week while the number of people receiving unemployment checks fell to the...

Fed nears end of stimulus but stays vague on interest rate hike timing

Federal Reserve policymakers took the next-to-last step in ending their controversial bond-buying stimulus program as the economy...

Fed cuts stimulus another $10 billion, holds steady on interest rates

Fed cuts stimulus another $10 billion, holds steady on interest rates

Federal Reserve policymakers on Wednesday cut their monthly bond-buying stimulus program by another $10 billion and held interest rates...

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