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How to prepare for a TikTok ban, including how to save your content

By HALELUYA HADERO, AP Business Writer TikTok has cemented itself as a quintessential entertainment app, offering everything from funny skits and makeup tutorials to social commentary and news. Without a sale to an approved buyer, the platform is expected to vanish from U.S. app stores by Sunday now that the Supreme Court unanimously upheld the the…
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Kamala Harris made history as vice president. The rest didn’t go as planned

By CHRIS MEGERIAN WASHINGTON (AP) — With Donald Trump’s return to the White House only days away, Kamala Harris ‘ staff packed into her ceremonial office to watch her sign the desk, a tradition performed by her predecessors for decades. Her husband, Doug Emhoff, stood behind her to take a photo as she wielded her…
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Why are interest rates rising when the Fed has been cutting them?

By STAN CHOE, Associated Press NEW YORK (AP) — What’s shaking Wall Street seems so backwards. Swings in the bond market recently sent the yield on the 10-year Treasury above 4.80% and its highest level since 2023. That’s injected nervousness into the U.S. stock market and knocked indexes off their records. The bond market’s moves…
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Bitcoin soars past $100,000 ahead of possible early action on crypto by Trump

By ALAN SUDERMAN, Associated Press WASHINGTON (AP) — The price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he’s sworn in as president next week. Once a skeptic who said a few years ago that bitcoin “ seems like a scam,” Trump has…
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What happens to all the debris after the massive wildfires? The cleanup process is a complex one

By Amancai Biraben, correspondent How will all the tons of debris left behind by Los Angeles County’s unprecedented wildfires be dealt with? Where will it go? The answer is complicated, but the process is coming together and much of the work is under way. Aiming to stem the flow of toxic materials in the aftermath…
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Southern California homebuying at 2nd-slowest pace on record

Southern California homebuying will have suffered its second-worst year on record when the final tally for 2024 is done. My trusty spreadsheet reviewed 37 years of CoreLogic’s regional transaction data and found 160,585 closed sales of existing and new residences in 2024’s first 11 months. Going back to 1988, that’s the second-slowest sales pace in…
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Wittingly or not, LA city, county officials chose fewer firefighters, more OT pay

Before we elicit insults and outrage, let’s acknowledge the givens: Firefighters do dangerous, difficult work and they should be paid well for it. It’s unlikely heaven itself could have gotten in front of the wind-whipped fires that have ravaged L.A. Problems with electricity and water pressure likely played a part in the devastation, as did…
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Capital One dealing with service disruption, mostly related to deposits

By MICHELLE CHAPMAN, Associated Press Business Writer Capital One is continuing to experience a disruption to its service on Friday, with some customers frustrated that they are unable to see their deposits. As of 8:04 a.m. Eastern, there were nearly 3,400 reports of outages, according to Downdetector. That’s up from around 2,100 reports early Thursday.…
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Tony Award-winning British actor Joan Plowright, widow of Laurence Olivier, dies at 95

By MARK KENNEDY and PAN PYLAS, Associated Press LONDON (AP) — Award-winning British actor Joan Plowright, who with her late husband Laurence Olivier did much to revitalize the U.K.’s theatrical scene in the decades after World War II, has died. She was 95. In a statement Friday, her family said Plowright died the previous day…
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Biden says the Equal Rights Amendment should be considered ratified

By CHRIS MEGERIAN, Associated Press WASHINGTON (AP) — President Joe Biden announced Friday that the Equal Rights Amendment should be considered a ratified addition to the U.S. Constitution, inserting himself into a long-running legal battle over gender equality. “It is long past time to recognize the will of the American people,” Biden said in a statement. “In…
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