A U.S. agency said it will not release any water for Central Valley farms this year, forcing farmers to continue to scramble.» Read More
DoubleLine Capital CEO Jeffrey Gundlach has made a lot of money calculating where the bond market will go. But his former employer goes to court today to try to prove Gundlach miscalculated when he prepared to start DoubleLine while still employed at TCW.
NBC's Miguel Almaguer with the latest details on a bizarre death at the home of a pharmaceutical CEO.
CNBC's Jane Wells with the latest details on the tragic death of the girlfriend of Medicis founder, Jonah Shacknai.
I can't take it anymore. Los Angeles is on 24/7 Carmageddon alert. The closure of the 405 freeway for 53 hours this weekend to create a carpool lane and make an overpass earthquake safe is the most publicized event in La-la land since they discovered Botox isn't just for muscle spasms.
CNBC's Jane Wells reports that JetBlue is offering $4 plane tickets to avoid Carmageddon, but Stephanie Howard found out too late.
Amazon, the world’s largest online merchant, has an ambitious and far-reaching new agenda: it wants to rewrite tax policy for the Internet era.
Here are states with the 10 highest foreclosure rates in July 2011, according to RealtyTrac's July 2011 Foreclosure Market Report.
CNBC's Julia Boorstin reports law enforcement officials in Los Angeles want to pull down traffic cameras because they are not cost effective.
Now is the time to play it safe, Joe Dear, CIO of the largest United States public pension fund, the California Public Employees Retirement System, told CNBC Thursday.
There are plenty of impressive golf courses across the US. Click to see some of the most luxurious ones!
James (Whitey) Bulger, a legendary Boston crime boss indicted in 19 murders and who is on the F.B.I.’s 10 Most Wanted list, was arrested by federal authorities Wednesday night in Santa Monica, the New York Times reports.
City council elections in this Southern California city are usually sedate. Hot-button issues include whether libraries should stay open at night. Campaign budgets often don’t top $10,000. Then Jim Righeimer, a conservative activist and real estate developer, jumped into the race last year, the New York Times reports.
When it comes to resources for the physically active, not all US cities are created equal. Click to see some of the cities that are havens for physically active Americans.
Many distressed homeowners have spent years wondering when they’re going to get kicked out. But the backlog of foreclosures has provided a reprieve. In New York, for example, it would take 62 years to process them all.
California Gov. Jerry Brown has vetoed a budget sent to him by the Democrat-controlled legislature. If lawmakers had missed the deadline, they would have forfeited pay until a deal was reached.
I was at the bagel store getting my usual this week. I noticed a woman next to me opening up a voluminous wallet. I'm not one to stare, much, but I was nearly blinded by the plastic. After refocusing, I noticed she had a lot of Visa cards. A lot.
CNBC's Jane Wells reports on all the new money and millionaires the recent tech IPO frenzy has created, and whether taxes on the added wealth will help California with its budget problems.
You might think that only Pamela Anderson made six figures from being a lifeguard but here’s a surf alert that’s sure to ripple your tide: Full-time lifeguards in Newport Beach, Calif., make more than $120,000 a year! AND they get a sunscreen allowance.
March figures show that gaming revenue on the Las Vegas Strip rose 13 percent from a year ago. Now the city that brought you "What Happens in Vegas, Stays in Vegas" is launching a new campaign: "Life is Short, Summer is Shorter."
Here are the top 10 most diverse cities in America.