Skip to main content

Top Stories

Support local news you can trust.  We depend on the support of our loyal subscribers to produce meaningful journalism every day. Help us continue this important work: subscribe today.

A surprising burst of US hiring in January: 517,000 jobs

For nearly a year, the Federal Reserve has been on a mission to cool down the job market to help curb the nation’s worst inflation bout in four decades

For nearly a year, the Federal Reserve has been on a mission to cool down the job market to help curb the nation’s worst inflation bout in four decades. The job market hasn’t been cooperating. Consider what happened in January: The government reported Friday that employers added a sizzling 517,000 jobs last month and that the unemployment rate dipped to 3.4%, the lowest level since 1969. The job gain was so large it left economists scratching their heads and wondering why the Fed’s aggressive interest rate hikes haven’t slowed hiring at a time when many foresee a recession nearing. Read moreA surprising burst of US hiring in January: 517,000 jobs

New-look Logano leads NASCAR back to the L.A. Coliseum

Reigning NASCAR champion Joey Logano opened last year with a win in the inaugural Busch Light Clash at the Los Angeles Memorial Coliseum

Reigning NASCAR champion Joey Logano opened last year with a win in the inaugural Busch Light Clash at the Los Angeles Memorial Coliseum. It started a season in which he won his second Cup title. NASCAR is now back for the exhibition Clash for the second consecutive year and Logano said he considers the inaugural race one of the biggest wins of his career. The race Sunday does not count for points and is a warm-up for the season-opening Daytona 500. But nearby Auto Club Speedway in Fontana revealed it won't host racing in 2024 as it undergoes a renovation, so the Coliseum could be auditioning for a spot as a points-paying race as the Southern California representative next year. Read moreNew-look Logano leads NASCAR back to the L.A. Coliseum

Strong wind has stopped play in the AT&T Pebble Beach Pro-Am. That means a Monday finish with no amateurs. Peter Malnati is atop the leaderboard at 12-under par. Keith Mitchell and Joseph Bramlett were two behind. Mitchell faced the strongest wind on the worst part of Pebble Beach along the ocean. He made it through and then the horn sounded to stop play. The culprit was Monterey Peninsula. Officials say two holes are so exposed that golf balls were blowing around on the green. Once play stops at one course, it has to stop on all three. Read moreStrong wind suspends third round at Pebble Beach

Videos

Friends2Follow