Nun who ran Catholic school in Torrance accused of embezzling $835K

The retired principal of a Catholic elementary school in Torrance, who as a nun took a vow of poverty, confessed to fraud and money laundering charges involving the theft of more than $835,000 in school funds to pay for personal expenses, including gambling trips, federal prosecutors announced.

California construction workers in short supply

California's economy is poised for a post-COVID comeback even faster than the rest of the nation. But one obstacle could be standing in the way: a lack of available workers. The construction industry, in particular, is feeling that shortfall. 

Getting a mortgage is getting easier than ever

The past year brought many hardships to the housing market as home prices skyrocketed and inventory was hard to come by. However, securing a home loan got much easier.

US economy shows growth despite lacking enough workers, supplies

Barely more than a year after the coronavirus caused the steepest economic fall and job losses on record, the speed of the rebound has been so unexpectedly swift that many companies can’t fill jobs or acquire enough supplies to meet a pent-up burst of customer demand.

Restaurant labor shortage may force higher wages for workers

Critics claim unemployment benefits are keeping people out of the restaurant workforce. But workers and labor organizers say that the reality is more complex, and that food service workers haven't been paid a living wage.