Business

Southern California airport passenger decline marks first drop since 2021

Passenger traffic at major Southern California airports fell year over year in September 2024, marking the first decline since 2021, when the pandemic’s early...

California Consumer Spending Cools as Homes, Cars Put on Hold

High interest rates, inflation, and uncertainty around the Trump administration’s economic policies are weighing on California consumer spending, as many residents postpone big-ticket purchases...

Grocery Price Inflation Pushes Consumers Toward Budget Shopping

Grocery price inflation is prompting consumers to adopt new savings habits as food costs continue to rise. As grocery price inflation persists, many shoppers...

Samsung lags behind TSMC in chips. So why is Musk making a $16.5B bet on it?

Elon Musk split AI5 and AI6 chip orders between Samsung Electronics and TSMC to boost capacity and control costs, while advancing a mega-fab vision. The current Samsung contract totals $16.5 billion, with mass production of AI5 targeted for 2027 and AI6 for 2028.

Hyundai Palisade XRT PRO Designer Reflects on 35-Year Career

Designing the Hyundai Palisade XRT PRO for the North American market was one of the final projects completed by Soomin Choe, a Korean American...

Oven Cleaning Ranked Most Hated Chore by 44% of Adults

A new survey found that oven cleaning is the household task adults most want to avoid, even during holidays when many finally have time...

Infant Formula Recall After Potential Botulinum Toxin-Producing Bacteria Found

An infant formula recall has been issued after testing found bacteria capable of producing a nerve toxin in products distributed nationwide under the ByHeart...

California Home Affordability Rises as 17% Can Buy Homes

California home affordability improved slightly in the third quarter, with 17% of households able to buy a median-priced single-family home, according to the California...

California Home Affordability Worsens Despite $41 Average Wage

Even with one of the nation’s highest pay levels, California home affordability remains out of reach for many buyers. New figures show the average...

Home Repair Advice from AI Cuts Costs 47%, Experts Warn of Risks

As inflation and labor costs drive up home maintenance expenses, two in five homeowners are turning to AI home repair tools for help. A...