Finance
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Over 100 LA County lifeguards earn $500K annually, watchdog report
Los Angeles is ranked the 25th most expensive U.S. city, with a medium household income of $82,848, compared to the national average of $79,466.
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S&P 500 reaches record high, gains rough 20% after plummeting over investor fears of Trump tariffs
The S&P 500 closed Friday at 6,173, surpassing its previous high of 6,144 in February.
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Treasury sanctions fugitive leader of Venezuelan Tren de Aragua gang
The Treasury Department accused Mosquera Serrano of being part of the gang's drug trafficking and financial operations.
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Truth Social parent company blames 'false reporting' for drop in Truth Social stock price
The group who owns the Truth Social platform says articles about the company published by Axios and The Financial Times were filled with false assertions that damaged its stock price.
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Stock market plunges over Trump tariffs, Nasdaq and S&P mark lowest numbers since 2020
The Dow dropped 1,679 points, which equaled a 3.98% loss. The Dow's loss was its biggest drop since June 2020.
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US stocks tumble in after-hours trading over Trump's global tariffs
The SPDR S&P 500 ETF Trust, which tracks the S&P 500, lost about 2% in after-hours trading. The Invesco QQQ ETF which monitors the Nasdaq-100 Index, shed 3.3%, and the trust that follows the Dow lost 1%.
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Treasury Department sanctions alleged network of people helping secure weapons for Houthis
The network has procured tens of millions of dollars’ worth of commodities from Russia, including weapons, and stolen Ukrainian grain. The goods are then shipped to Yemen, which is under Houthi control.
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Stock market takes hit amid concerns over new Trump tariffs
The Dow Jones Industrial Average dropped more than 700 points on Friday, amounting to a 1.6% loss. The S&P 500 dropped nearly 2% and the Nasdaq composite lost 2.7%.
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Here are the companies that have committed to investing billions in the US over Trump tariffs
Trump has levied high tariffs on goods from Mexico, Canada and China over the countries responses to the fentanyl crisis in the United States. Canada and Mexico are fighting 25% tariffs on their goods.
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US deficit sets record with $1.1 trillion in first five months of fiscal year 2025
The new numbers, released Wednesday, showed the deficit between October 2024, and February 2025. The deficit for February alone was $307 billion.
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Bank of America hit with major leak, releasing customer Social Security numbers, other info: Report
The bank did not reveal how many customers were impacted by the latest. But names, account details, addresses, contact information, date of birth, Social Security numbers and other government IDs of customers were all exposed.
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Dow sees 1,000 point drop before closing down 889 points after Trump declines to rule out recession
The Dow Jones Industrial Average on Monday took about 1,000 point tumble after President Donald Trump on Sunday declined to rule out a possible recession but ended up closing down 889 points, or a 2.08% drop.
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Walgreens seals $10 billion deal to go private with equity firm Sycamore Partners
Walgreens said that Sycamore Partners has agreed to pay $11.45 a share in cash, a deal that could equal up to $23.7 billion after paying off debt and other potential future payouts.