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Southern California Jobs News

Mortgage rates sink; 30-year averages 3.92%, Freddie Mac says

Mortgage rates sink; 30-year averages 3.92%, Freddie Mac says

The lowest mortgage rates of the year sank a bit lower this week, with Freddie Mac reporting that lenders were offering 30-year fixed...

Jobless claims jump, but one-month average lowest since 2000

Initial claims for jobless benefits jumped last week from a post-Great Recession low, but the average over the past four weeks was the...

 Strong growth is forecast for Inland Empire

Strong growth is forecast for Inland Empire

It was among the nation's hardest-hit local economies during the Great Recession, beset by staggering numbers of foreclosures and one of the...

Inflation remains tame as consumer prices edge up just 0.1%

Inflation remains tame as consumer prices edge up just 0.1%

Inflation remained in check last month with consumer prices edging up only slightly as low gasoline costs offset higher grocery store bills.

Activist investor Dan Loeb sells stake in Sony Corp.

More than a year after questioning Sony Corp.'s management approach and sharply criticizing its film and television studio for a...

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