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California homeowners get to pass low property taxes to their kids. It's proved highly profitable to an elite group
LOS ANGELES -- Actors Jeff and Beau Bridges, along with their sister, own a four-bedroom Malibu home with access to a semi... Read More
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Motormouth: Could the windshield on a Subaru Outback be scrambling GPS signals?
Q: I recently bought a Garmin DriveSmart GPS. I have a 2013 Subaru Outback. When the Garmin is mounted on the dashboard, it keeps losing satellite reception. When it is lying on the passenger seat, it works perfectly. ...Read more
Is Walmart's tech investment in San Diego a sign of bigger things to come?
SAN DIEGO -- A technology company moving from a dated 9,000 square-foot office to a modern 30,000 square-foot space usually doesn't portend a major shift in San Diego's corporate dynamics. But when that company is the ...Read more
US and China to resume trade talks amid tariff battle
WASHINGTON -- U.S. and Chinese officials said the two nations will resume lower-level trade talks this month in hopes of resolving an escalating battle over tariffs that threatens to damage both economies.
China's vice ...Read more
Consumers shopped their way to higher U.S. retail sales than expected in July
American shoppers stepped up their spending more than expected in July amid rising consumer confidence, a tight labor market and this year's federal tax cut.
Higher spending on food, gasoline and clothing led a 0.5 ...Read more
Best Buy spends $800 million on health technology company
Best Buy Inc. said Wednesday that it will spend $800 million to purchase GreatCall Inc., one of the nation's largest providers of emergency response technology for older adults.
It is the first acquisition for the ...Read more
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House Calls: What Mortgage Should They Look For?
Edith: We are planning to buy our first home. Between us we have good income and pretty good credit, but not all that much cash for a down payment. Also, we are not married. Does that make a difference? What kind of ...Read more
Venezuela to devalue currency in financial crisis
CARACAS, Venezuela –– Many Venezuelan shops closed as a precaution as confusion reigned Saturday following measures announced by President Nicolas Maduro aimed at fighting an economic crisis in the oil-exporting ...Read more
Trump backed space force after months of lobbying by officials with ties to aerospace industry
WASHINGTON -- When President Donald Trump spoke to Marines at the Miramar Air Station in San Diego March 13, he threw out an idea that he suggested had just come to him.
"You know, I was saying it the other day, because ...Read more
Tesla in turmoil over Musk's interview with New York Times
Speculation mounted Friday that Tesla Inc.'s board will hire an executive to run the electric-car maker's daily operations after the erratic behavior of Elon Musk, its billionaire founder and chief executive, roiled the ...Read more
Google confession: Yes, we track your location, even when you turn off Location History
Google clarified that it does in fact collect users' location data, even if the user's Location History setting is turned off. The admission comes days after a report uncovered the Silicon Valley giant stored the data from...Read more
California adds nearly 47,000 jobs in July; unemployment stays at record low
California payrolls grew by 46,700 jobs in July, a significant gain that came as the unemployment rate held at a record low of 4.2 percent, according to data released Friday by the state's Employment Development Department...Read more
Federal appeals court tosses out $1.4B tax ruling favorable to Medtronic
A federal appeals court has tossed out a $1.4 billion U.S. Tax Court ruling that found in favor of Medtronic, saying that the lower court failed to analyze several relevant factors related to the Minnesota-run medical ...Read more
Trump seeks SEC study of 6-month reporting instead of quarterly
WASHINGTON -- President Donald Trump said he's asked the Securities and Exchange Commission to study ending quarterly reporting for U.S. businesses in order to ease regulations and spur growth.
"In speaking with some of ...Read more
The Mortgage Professor: Adjusting the home mortgage to meet the retirement funds crisis: the role of deductibility
Most economists are negative or ambivalent about the provision in the U.S. tax code that allows homeowners to deduct mortgage interest from their taxable income. The major concern is that the provision is regressive. Up to...Read more
The Week Ahead: After a lull, more tariffs and talks
On Thursday, a new round of tariffs is due to go into effect between the U.S. and China. The two countries continue crafting financial trade barriers in the back and forth over business.
In the week ahead, each country ...Read more
Restaurant named after Jimmy Buffett served protected game fish
FORT LAUDERDALE, Fla. -- When a fishing captain walked into JWB Prime Steak and Seafood in the Margaritaville Hollywood Beach Resort last week, he was on the hunt for a good meal.
But as soon as he picked up the menu, ...Read more
Free passes and canoe races: Wages may be low but little-known perks make working at a theme park more attractive
Theme parks offer some unusual benefits to employees that help keep them working despite pay that isn't much higher than minimum wage. A recent labor dispute between workers and the Disneyland Resort was prolonged because ...Read more
Stanley Black & Decker relaunches Craftsman tool brand in stores besides Sears
Soon after Stanley Black & Decker bought the well-known Craftsman brand from Sears Holdings last year, it embarked on what it says is a ground-up remake of the tool line, hoping to revitalize a name that had languished ...Read more
In the market for a minivan? Consider these crash test results
The Toyota Sienna "stumbled" as the Honda Odyssey and Chrysler Pacifica both captured solid overall ratings in the latest crash tests from the Insurance Institute for Highway Safety for 2018 and 2019 model year minivans.
...Read more
Tough Talks With Boss Must Be Made
Q: I returned to a full-time professional job after working as an independent contractor for the last 20 years. The owner, who has turned out to be a micromanager, and I am not accustomed to working in this type of ...Read more
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- Motormouth: Could the windshield on a Subaru Outback be scrambling GPS signals?
- Tesla in turmoil over Musk's interview with New York Times
- Trump backed space force after months of lobbying by officials with ties to aerospace industry
- California homeowners get to pass low property taxes to their kids. It's proved highly profitable to an elite group
- Stanley Black & Decker relaunches Craftsman tool brand in stores besides Sears
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