Largest port on East Coast begins preparations for a strike

Largest port on East Coast begins preparations for a strike

Port of New York/New Jersey executives tell CNBC they have begun preparations for a potential complete work stoppage by the International Longshoreman’s Association, the largest union in North America. The ILA represents over 85,000 longshoremen and a strike would shut down five of the 10 busiest ports in North America, and a total of 36 … Read more

Frustrated millennials across the U.S. struggle to afford homes

Frustrated millennials across the U.S. struggle to afford homes

Kelcie Lesko and Tim Khalil remember the moment when they gave up on buying their first home. It was June 2023, when U.S. homebuyers were scrambling to beat out rising mortgage rates and snatch up what they could from a limited number of units on the market. Amid soaring house prices, many buyers made all-cash … Read more

Mortgage rates are dropping, but homes aren’t expected to get cheaper

Mortgage rates are dropping, but homes aren’t expected to get cheaper

Mortgage rates are falling, but that doesn’t guarantee homes will be more affordable in 2025. The average 30-year fixed mortgage rate dropped to 6.2% as of Thursday, down from a peak of 7.79% in May. For many buyers, that means saving hundreds on mortgage payments. But those savings are bringing buyers back into the market. … Read more

After success in Paris, Los Angeles looks to elevate Olympic Games in 2028

After success in Paris, Los Angeles looks to elevate Olympic Games in 2028

Karen Bass, Mayor of Los Angeles, waves the Olympic flag as Thomas Bach, President of International Olympic Committee, applauds during the Closing Ceremony of the Olympic Games Paris 2024 at Stade de France on August 11, 2024 in Paris, France. Carl Recine | Getty Images Sport | Getty Images After a successful 2024 Olympics and … Read more

‘Perfect Couple’ Premiere Event Gets Tiny Uninvited Guests

‘Perfect Couple’ Premiere Event Gets Tiny Uninvited Guests

Stars of the new Netflix drama “The Perfect Couple” got relentlessly bugged by uninvited guests at the show’s Los Angeles premiere Wednesday. Insects were seen swarming the area around the red-carpet event for the limited series, which features Nicole Kidman, Liev Schreiber, Eve Hewson and Meghann Fahy. Fahy’s interview with Marc Malkin, a senior culture … Read more

Los Angeles Rams worth $2 billion more than LA Chargers

Los Angeles Rams worth  billion more than LA Chargers

Los Angeles Rams owner Stanley Kroenke speaks during the “Football Meets Football” Youth Clinic at the Rams NFL training camp on the Loyola Marymount University campus in Los Angeles on July 26, 2024. Patrick T. Fallon | Afp | Getty Images There is a $2 billion gulf growing in Los Angeles. The National Football League’s … Read more

Rising NFL valuations mean massive returns for owners

Rising NFL valuations mean massive returns for owners

Ryan Flournoy, #18 of the Dallas Cowboys, catches a touchdown pass as Matt Hankins, #23 of the Los Angeles Chargers, defends during the first half of a preseason game at AT&T Stadium in Arlington, Texas, on Aug. 24, 2024. Ron Jenkins | Getty Images Sport | Getty Images A National Football League team today is … Read more

A look at the behind-the-scenes business of Hollywood studio lot tours

A look at the behind-the-scenes business of Hollywood studio lot tours

The Hollywood sign is viewed during a clearing storm. Mario Tama | Getty Images News | Getty Images For over 100 years, Hollywood has transported audiences to worlds outside their own, from the slick streets of New York City to the yellow bricks of Oz.  Hundreds of acres of land in Los Angeles are dedicated … Read more

Will the ‘Car-Free’ Los Angeles Olympics Work?

Will the ‘Car-Free’ Los Angeles Olympics Work?

What’s undisputed is that, starting in the mid-1940s, powerful social forces transformed Los Angeles so that commuters had only two choices: drive or take a public bus. As a result, LA became so choked with traffic that it often took hours to cross the city. In 1990, the Los Angeles Times reported that people were … Read more

‘Hollywood Squares’ Host Peter Marshall Dies At 98

‘Hollywood Squares’ Host Peter Marshall Dies At 98

LOS ANGELES (AP) — Peter Marshall, the actor and singer turned game show host who played straight man to the stars for 16 years on “The Hollywood Squares,” has died. He was 98. He died Thursday of kidney failure at his home in the Encino neighborhood of Los Angeles, publicist Harlan Boll said. Marshall helped … Read more