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Brian van der Brug/Los Angeles Times/TNS

A tale of two downtowns in LA: As offices languish, apartments thrive

Consumer / Home and Consumer News /

By many measures, downtown Los Angeles’ newest apartment tower is over the top with such gilded flourishes as stone tiles from Spain lining the elevator cabs and hand-troweled Italian plaster on interior walls. Hummingbirds have somehow found the fruit-laden trees decorating the outdoor lounge on the 41st floor.

For Stuart Morkun, the ...Read more

Las Vegas Review-Journal/Las Vegas Review-Journal/TNS

How much could Trump hotel in Las Vegas sell for? It's complicated

Consumer / Home and Consumer News /

As Republican presidential candidate and former president Donald Trump navigates multiple criminal and civil trials levied against him, his professional net worth and assets have come into the spotlight.

In Las Vegas, Trump — along with business partner Phil Ruffin — is the co-owner of Trump International Hotel, a 64-story, 1,282-room ...Read more

Igor Skryagin/Dreamstime/TNS

Record wave of Americans fled big cities for small ones in 2023

Consumer / Home and Consumer News /

Score a victory for Mayberry. America’s small towns, like the iconic setting of television’s The Andy Griffith Show from the 1960s, saw more in-migration in 2023 than larger areas for the first time in decades.

The remote work boom that prompted Americans to flee urban areas for mountain hamlets and seaside towns during the pandemic ...Read more

Real estate Q&A: What can we do about new apartment's surprise special assessment?

Consumer / Home and Consumer News /

Q: We are in the process of purchasing an apartment. Our closing attorney received the report from the condominium association showing the monthly dues were current, and we were surprised to learn that a special assessment was pending because the sellers told us that none were. The contract also says that no special assessments are pending. We ...Read more

Everyday Cheapskate: Grumpy Unhappy Cheapskates

Consumer / Everyday Cheapskate /

Dear Cheapskate: I have cheapskates in my life. My father is one. My boss, my boss's mom and my boyfriend's mom. All these individuals have the following in common: They are unhappy. They avoid birthday parties, anniversaries or any type of holidays that require gift-giving, such as Christmas, at all costs.

They often choose to be by themselves...Read more

Everyday Cheapskate: Things I Wish I'd Known Sooner

Consumer / Everyday Cheapskate /

Like my garden, my mailbox is showing definite signs of spring. Just this week two beautifully addressed, thick envelopes showed up, both of them announcing graduation ceremonies -- one from high school, the other from college. However, neither even hinted at an invitation for me to give the commencement address. But had I been asked, I do have ...Read more

Luis Sinco/Los Angeles Times/TNS

One of California's largest home insurance companies is raising rates by 15% on average

Consumer / Home and Consumer News /

One of California’s largest home insurers is raising rates for hundreds of thousands of state policyholders by an average of 15.3%, the latest move by a major insurer to boost homeowners’ premiums in the face of growing wildfire risk.

Travelers Insurance, the state’s sixth-largest home insurer as of 2022, plans to update rates for roughly...Read more

Dreamstime/Dreamstime/TNS

US rents climbed 1.5 times faster than wages in last four years

Consumer / Home and Consumer News /

Rents in most major U.S. metropolitan areas have risen some 1.5 times faster than wages in the last four years, according to an analysis by Zillow Group Inc.

Nationwide, rents climbed 30.4% while incomes expanded 20.2% from 2019 to 2023, data from Zillow, StreetEasy and the Bureau of Labor Statistics show. Florida, a migration hot spot, had ...Read more

Everyday Cheapskate: The Life and Times of Leftovers

Consumer / Everyday Cheapskate /

Dear Cheapskate: How long should leftovers be kept in the fridge? I have been debating this with co-workers, as one left her beef stew in the refrigerator for over a week and thought it was OK to eat. -- Angela N., New Brunswick, Canada

Dear Angela: There's no debate here -- you win by at least three days. The shelf life of any food will depend...Read more

Alex Wong/Getty Images North America/TNS

Warren Buffett's Berkshire Hathaway annual meeting: 5 takeaways for investors

Consumer / Home and Consumer News /

Berkshire Hathaway shareholders flocked to Omaha, Nebraska, on Saturday to hear from CEO Warren Buffett and other Berkshire executives. For about 5 hours, Buffett took questions on Berkshire’s many businesses, investing and life in general.

The meeting included a video tribute to Buffett’s longtime partner and Berkshire vice-chairman ...Read more

Dreamstime/DREAMSTIME/TNS

More than 90% of stablecoin transactions aren't from real users, study finds

Consumer / Home and Consumer News /

More than 90% of stablecoin transaction volumes aren’t coming from genuine users, according to a new metric co-developed by Visa Inc., suggesting such crypto tokens may be far away from becoming a commonly used means of payment.

The dashboard from Visa and Allium Labs is designed to strip out transactions initiated by bots and large-scale ...Read more

Lezlie Sterling/The Sacramento Bee/TNS

California State Farm customers anxious as insurer starts major policy cuts. 'There's panic'

Consumer / Home and Consumer News /

Debbie Lindh leaned forward in a chair on the front porch of her Grass Valley, California, home and pointed at the house directly across a narrow street.

Lindh, 71, and her husband were recently told State Farm will no longer insure their property near the city’s downtown.

Yet the neighbor across the street is not losing coverage. Her ...Read more

Vanguard is boosting fees to urge holdout customers to do their own trades online

Consumer / Home and Consumer News /

Investment giant Vanguard Group is renewing its effort to get customers to embrace online banking, annoying some longtime clients.

The company, which has spent the past decade urging longtime fund investors to move their savings into the company’s brokerage accounts, now plans to raise brokerage fees in a bid to get holdouts to finally start ...Read more

Everyday Cheapskate: Faith in the Face of Darkness

Consumer / Everyday Cheapskate /

Have you ever felt like you're supposed to be learning a lesson but don't know what it is? I know that feeling in a way that I hope I will never forget.

Not once but twice in a single month, the power went out at our home. The first time, a drunken, inexperienced 17-year-old driver plowed into a major utility pole in our neighborhood, turning ...Read more

Lori Borgman: Conversations are growing ear-resistible

Consumer / Home and Consumer News /

My husband and I have experienced some hearing loss. The most frequently heard word at our house is "WHAT!?"

More pressing than our physical hearing loss is our selective hearing loss, something that happens to couples who have been married a long time.

Just the other day, the husband was working on his laptop at the kitchen table with his ...Read more

Real estate Q&A: Do I have to sell condo to another owner in building?

Consumer / Home and Consumer News /

Q: When we decided to sell our apartment, one of our friends wanted to buy it, and we agreed to sell it to him at a discounted price. When he went for his interview with the condo board, he was told that he could not buy it because another owner in the building was going to. Do I need to sell it to my neighbor at the discounted price, or can I ...Read more

Mariah Tauger/Los Angeles Times/TNS

Nix the oven? A skinny fridge? Tips on designing a tiny kitchen in your ADU

Consumer / Home and Consumer News /

LOS ANGELES -- Unlike European kitchens, which are designed for efficiency rather than luxury, American kitchens often emphasize open-concept designs simply because they are larger.

But now that people are adding accessory dwelling units, or ADUs, in their backyards to house family members and generate passive income, the European model is ...Read more

Everyday Cheapskate: Don't Let Mistakes Set You Back

Consumer / Everyday Cheapskate /

I love to watch home remodeling television shows. They give me confidence that I really could remodel a kitchen, build a shed or even install new windows all by myself. Usually, the feeling passes quickly, but I find myself feeling comfortable around power tools, and I do enjoy a good home improvement store.

Recently, the host of one of the ...Read more

Everyday Cheapskate: When You Should Opt Out of a Credit-Card Interest Rate Increase

Consumer / Everyday Cheapskate /

Wouldn't it be great if low interest rates never changed? Sadly, the saying "All good things must come to an end" applies to credit cards too. Credit card companies are known for raising interest rates unexpectedly. They only need to give you a 45-day notice before increasing your rate, which can feel sudden.1

Have you heard from your credit ...Read more

Tea Kvetenadze/New York Daily News/TNS

Millions of New Yorkers facing rent hikes of up to 4% for 1-year lease

Consumer / Home and Consumer News /

Around 2 million New Yorkers living in stabilized apartments will likely see their rents climb for the third year in a row, after the board tasked with setting rates okayed a range of possible hikes at a raucous preliminary vote on Tuesday — as tenants and their board representatives walked out in protest.

The rest of the Rent Guidelines ...Read more