L.A. Times - Business

Federal rent relief is coming. Here's what to 2021-01-14 19:05:32The new stimulus bill passed by Congress includes $25 billion in rental relief for struggling tenants, $2.6 billion of which is coming to California.

Disneyland is scrapping its annual pass program 2021-01-14 18:48:47Disneyland and Disney California Adventure are axing their annual pass program as they look to better manage pandemic-era crowds. Pass holders who pai

Column: Trump launches sneaky 11th-hour attacks on clean 2021-01-14 09:00:56Trump's last-minute vandalism takes aim at clean air rules, Medicaid and anti-discrimination protections for LGBTQ people and other vulnerable Americ

Tim Tebow passes Jacksonville home for $1.4 million 2021-01-14 09:00:47In his hometown of Jacksonville, former NFL quarterback Tim Tebow has sold his waterfront home for $1.4 million — the same price he paid in 2014

The Band's Robbie Robertson stages a sale in 2021-01-13 15:42:33Musician and composer Robbie Robertson just trimmed the price of his sleek modern home in the Beverly Hills Post Office area to $4.2 million.

Column: Conservatives are all for businesses calling the 2021-01-13 09:00:11President Trump defended a baker's right not to make a wedding cake for a same-sex couple. But he said Twitter can't decide who uses its site.

Column: His business is body bags. Thanks to 2021-01-13 09:00:00Salam International is in the business of death. For the last 12 months, body bags have made life hectic for the Laguna Hills supplier. COVID-19 has b

The future of Section 230 and internet speech 2021-01-13 08:00:05President Trump made reforming Section 230, the law that lets internet companies censor content, into a signature cause. Will the tumultuous end of hi

Santa Monica's Sunset Park neighborhood sees highest sale 2021-01-12 19:05:31A jagged concrete home in Santa Monica's Sunset Park neighborhood just sold for $5.387 million, a price record for the community.

Column: Corporations 'suspend' political donations — but Citizens 2021-01-12 16:35:49Don't believe corporations when they say they're reconsidering their political donations.

Semisonic's Dan Wilson aims for closing time in 2021-01-12 15:44:26In Sherman Oaks, Grammy-winning songwriter Dan Wilson of Semisonic fame is asking $2.5 million for his Tudor-style home of 10 years.

Prop. 22 faces first legal challenge as SEIU, 2021-01-12 13:00:30Labor union SEIU and ride-hail drivers filed a lawsuit challenging Prop. 22, which allows Uber, Lyft and other companies to treat workers as contracto

Economy

Private payrolls post first drop since April as 2021-01-06 08:26:22The decrease of 123,000 provided a stark sign that the U.S. economy had cooled considerably heading into the end of 2020.

Cash in circulation is soaring, and that usually 2021-01-06 08:01:00Currency in circulation soared at a rate unseen since World War II last year, providing what historically has been a good sign for the economy.

Mortgage demand from homebuyers pulled back sharply, even 2021-01-06 07:00:01The stunning surge in home buying demand, brought on by the coronavirus pandemic, may finally be easing up.

Home prices are rising faster in the middle 2021-01-04 10:19:54Home prices are rising across the nation, but the usual geographical trends are being turned on their heads by the coronavirus pandemic.

Weekly jobless claims fall for a second straight 2020-12-31 13:44:28The number of people filing for unemployment benefits for the first time unexpectedly fell last week, marking its second straight decline.

November new home sales fall more than expected, 2020-12-23 13:37:18Sales of newly built homes came in far weaker than expected for November, and builder stocks are not taking it well.

Weekly jobless claims rise less than expected, but 2020-12-23 09:27:56The number of first-time unemployment-benefits filers decelerated to 803,000 in the week ending Dec. 19.

Existing home sales decline for the first time 2020-12-22 10:48:47After five consecutive months of gains, closed sales of existing homes turned lower in November from October.

Weekly jobless claims unexpectedly rise, hit highest level 2020-12-17 09:53:17Jobless claims unexpectedly rose as lawmakers struggle to push through additional coronavirus stimulus measures.

Fed commits to keep buying bonds until the 2020-12-16 15:38:16The Federal Reserve made a key adjustment in its efforts to support the economy, while upgrading its outlook for growth.

Fed raises its economic outlook slightly, sees 4.2% 2020-12-16 15:00:53The central bank now expects real gross domestic product to fall just 2.4% in 2020, compared to the decline of 3.7% predicted in September.

Homebuilder confidence drops from record high as rising 2020-12-16 10:17:48Homebuilder confidence in the single-family housing market pulled back in December. Builders say they are concerned that buyers are feeling shock.

NYT > Economy

When Can I Apply for a P.P.P. Loan? 2021-01-08 16:46:59A small group of lenders that focus on underserved borrowers will get priority when the Paycheck Protection Program resumes.

Fed Officials Debated Rate Liftoff in 2015, Offering 2021-01-08 14:24:11The Federal Reserve raised rates from near zero in 2015. The discussion back then — and developments since — will inform their future poli

Chinese Solar Companies Tied to Use of Forced 2021-01-08 13:47:50A new report shows some of the world’s biggest solar companies work with the Chinese government to absorb workers from Xinjiang, programs that a

The December Numbers Were Awful, but the Economy 2021-01-08 10:46:55Among the reasons for optimism: the prospect of widespread vaccination, and a Congress more open to stimulus spending.

Biden Selects Heads of Labor, Commerce and Small 2021-01-07 22:14:39With his victory secured, the president-elect moved to fill out his economic team.

After Riot, Business Leaders Reckon With Their Support 2021-01-07 18:36:09Many in corporate America endorsed the president’s economic policies, which were good for them and gave him mainstream business credibility. It

Unemployment Claims Show Continuing Pressure on Job Market 2021-01-07 17:38:28Employers remain cautious about hiring, one economist says, “but the resurgence of the virus is really the main culprit.”

Biden Picks Gina M. Raimondo for Commerce Secretary 2021-01-07 16:37:43The incoming administration will select Gina M. Raimondo, a moderate Democrat, to guide a sprawling department critical to business and technology.

Federal Reserve Officials Fretted Over Covid Surge at 2021-01-06 15:27:18Minutes from the central bank's December gathering show that the chair, Jerome H. Powell, and his colleagues were hoping for a 2021 rebound.

Here Are the 8 Chinese Apps Trump Banned 2021-01-06 05:38:24The White House took a surprise parting shot at China on Tuesday by banning the popular Chinese payment service and other applications.

The Pandemic Sank Auto Sales. Vaccines Could Bring 2021-01-05 18:15:35Carmakers say new models should also help lift the industry in 2021, after a 15 percent decline in its slowest year since it recovered from the Great

New York Real Estate Begins Its Recovery 2021-01-05 09:19:24Real estate sales picked up in the final months of 2020, but not enough to make up for the shutdown in the early months of the pandemic.

Business - The Huffington

1 House, 5 Grocery Store Workers And A 2020-12-23 07:18:11If you shop at Ralphs stores in San Diego, Raquel Salorio and her loved ones may be helping you get through the pandemic.

Apple Closes All 53 California Stores And A 2020-12-21 04:30:03It's also shuttering outlets in Mexico, Brazil and London.

Workers At These Companies Say They’re Still Not 2020-12-17 05:30:04Forty percent of workers at fast-food outlets and big-box stores say social distancing isn’t possible. About a quarter say customers aren’

The Federal Reserve Just Took A Major Step 2020-12-15 14:42:22The U.S. central bank is joining the financial equivalent of the Paris Agreement, becoming one of the last of its peers to do so.

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LIVE: No foreign head as chief guest for 2021-01-14 08:38:23There will be no foreign head of state or head of government as Republic Day chief guest this year. Stay tuned for Latest LIVE news

Coronavirus LIVE: 5,490 fresh Covid-19 positive cases in 2021-01-14 08:37:48Coronavirus live updates: In the last 24 hours, India registered 17,015 fresh Covid-19 cases, taking the tally to 10,512,8311. Globally, nearly 93 mil

Hiring to bounce back as most organisations lifted 2021-01-14 08:37:45Hiring is set to bounce back as most organisations have lifted the freeze in hiring, according to a Naukri.com survey

Brazil sends plane after India agrees to expedite 2021-01-14 08:16:56Serum Institute, the world's largest producer of vaccines by volume, will supply 2 million doses of the coronavirus vaccine developed by AstraZeneca

WPI inflation eases in sync with retail, but 2021-01-14 08:00:16Softens to four-month low of 1.22% in December from 1.55% in November as food items enter deflationary zone; core inflation at 2-year high of 4.2%

Top investor association objects to Franklin's voting process 2021-01-14 07:56:52Seeks proportional representation of unitholders in letter to regulator

Samsung Galaxy Unpacked India edition: Event timing, livestream 2021-01-14 07:53:58At the Galaxy Unpacked event, Samsung is expected to launch at the Galaxy S21, Galaxy 21 Plus and Galaxy S21 Ultra. Catch the Samsung Galaxy Unpacked

PV sales in India at ten-year low, industry 2021-01-14 07:52:20The industry will have to work hard to regain better volumes and business health, industry body SIAM said on Thursday

Budget Byte: Borrowing to boost spending but debt 2021-01-14 07:06:23Even before Covid-19 struck the economy, government was borrowing at a rate that was very close to the nominal GDP growth

Former Star India CEO Uday Shankar, James Murdoch 2021-01-14 06:49:21Entity to focus on digital media, say industry sources

BKU leader Mann recuses himself from SC committee 2021-01-14 05:33:08Bhartiya Kisan Union president Bhupinder Singh Mann on Thursday said he is recusing himself from the four-member committee appointed by the Supreme Co

Stores closed by farmer protests cost Reliance, Walmart 2021-01-14 05:28:31In November, Punjab estimated economic losses from the protests at $4 billion, while one industry group has pegged the overall hit to India's economy

Insider.pro

Grayscale Investments Liquidates all of its XRP 2021-01-14 08:27:14 Digital asset investment company Grayscale is dissolving its XRP Trust.

eToro May Limit the Purchase of Bitcoins Over 2021-01-14 07:33:12 The platform has warned its customers about possible restrictions on order execution.

Bitmain Competitor to Go Public on the NASDAQ 2021-01-14 06:32:25 The Chinese manufacturer of the crypto mining equipment Whatsminer intends to go public.

Telegram Intends to Raise $1B in Convertible Debt 2021-01-14 05:14:44 The company reportedly plans to raise funds through debt instruments, which will then be converted into shares during a possible IPO.

Alchemy Contributes to Crypto.com Chain Dev Platform 2021-01-14 04:11:56 Crypto.com has announced its partnering with Alchemy.

The BTC Price Exceeds $38,000 2021-01-14 03:51:35 What is happening this morning with the largest crypto by market cap?

Gatehub Will Keep XRP Until SEC’s Complaint Against 2021-01-13 16:11:54 Gatehub says it has never considered XRP to be a security.

Anchorage Gets Bank Approval from OCC 2021-01-13 15:14:57 Anchorage is known as an institutional cryptocurrency custodian, which raised $40 million Series B led by Blockchain Capital and Visa in July 2019.

ECB's Lagarde: Bitcoin Conducted Funny Business 2021-01-13 14:33:00 Lagarde said bitcoin's regulation should be at a global level.

Ledger Creates Bounty Fund of 10 BTC to 2021-01-13 13:46:27 The company also announced reorganization of the business model.

BitGo Hires Ex-Coinbase CCO 2021-01-13 12:02:43 Prior to BitGo, Horowitz worked as the CCO for Coinbase.

How to Mine Crypto: Here are Ryan Gosling 2021-01-13 11:00:00 Should you consider crypto mining? Ryan Gosling gifs are here to help

Economy

Trump backs down, signs stimulus package 2020-12-27 17:30:07A government shutdown was averted after the president approved the Covid relief package and annual spending bill.

Congress sends Covid package and spending measure to 2020-12-24 14:02:31The president has thrown the fate of the bill into jeopardy.

Fed enters Biden era with clipped wings and 2020-12-22 13:15:19Congress curbed the central bank's emergency lending despite the economy's continuing struggles.

Biden adds former Obama budget official, onetime Warren 2020-12-21 10:45:58Biden added that the appointees have “broad viewpoints on how to build a stronger and more inclusive middle class.”

Fed sees less severe recession this year but 2020-12-16 14:38:31Officials said they expect the U.S. economy to shrink by 2.4 percent this year, a brighter forecast than they offered just three months ago.

Biden faces a massive boom ahead — or 2020-12-15 04:30:20Vaccine euphoria is giving economic forecasters hope for a blockbuster 2021 and stretching stock market valuations to historic highs. It’s a set