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Long Beach mayor, city manager, council and department heads set to get more pay as city proposes deep cuts and layoffs
Mayor Rex Richardson and City Manager Tom Modica say they’ll donate their increases. NBC4 asked councilmembers whether they would decline or delay theirs.
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As Long Beach weighs cuts to close a $60 million budget gap, past projects show how the city has managed money
Some of Long Beach’s major city projects have cost millions more than expected and raised questions about oversight and accountability.
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Trump's ‘big, beautiful bill' is bringing a big set of student loan changes
Starting July 1, many student borrowers may tackle higher repayment requirements, fewer program options and greater loan limits.
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How to save on medical & dental costs without skipping care
Budgeting expert Andrea Woroch joins California Live’s Jessica Vilchis to share simple strategies to reduce prescription costs, catch billing errors, and take advantage of benefits like FSAs and preventive care to help keep healthcare expenses down.
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Mayor Bass unveils her proposed $14.8 billion spending plan for Los Angeles
A proposed $14.8 billion spending plan aimed at addressing homelessness, housing, public safety and other priorities for city of Los Angeles was unveiled Monday by Mayor Karen Bass. Bass, facing challengers in the June primary election, provided details about the spending plan for fiscal year 2026-2027 in a presentation Monday at City Hall. Bass’ office said the proposal reflects stronger…
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Mayor Bass grants NBCLA access to Inside Safe operation in Koreatown
The mayor says they are bringing in people off the street faster than the county can provide services for drug abuse and mental health. John Cádiz Klemack reports for the NBC4 News at 6 p.m. on Friday, April 17, 2026.
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Beverly Hills police warns of thieves intercepting mail checks to IRS
Scammers are intercepting large checks made out to the IRS and when that happens, those stolen funds are typically unable to be recovered.
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State Farm announces insurance payouts for drivers. Here's how much policyholders can get
Millions of drivers with State Farm could soon see payouts on average of $100 per vehicle, according to a recent announcement from the company.
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Finance Fix 2026: Let AI Be Your Money BFF
California Live’s Amber Pfister sits down with finance expert, entrepreneur, and UCLA lecturer Neha Kumar to learn how AI tools can help you take control of your money in 2026. Neha shares tips for analyzing spending habits, creating smart budgets, and finding ways to save while still enjoying the things you love.
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What are the ‘Trump Accounts' for children and who are eligible?
These are tax-deferred investment accounts for babies born in the U.S. starting them each with $1,000, beginning in 2026.
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Google will integrate Kalshi and Polymarket predictions into its finance AI tools
Both companies operate in legal gray areas and both have faced allegations that they are vulnerable to market manipulation.
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Millions of Capital One customers could soon receive money under $425M settlement
Anyone who had a particular account through Capital One could soon be receiving money as part of a multi-million dollar class action settlement.
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Signs of Financial Abuse and ways to stop the cycle
California Live’s Jessica Vilchis chats with Sharisse Kimbro, Relationship Abuse Program Officer at the Allstate Foundation, about how to recognize and prevent financial abuse.
To learn more about the Allstate Foundation’s work, visit allstatefoundation.org or contact the National Domestic Violence Hotline at thehotline.orgPromoted By California Live -
UC president: Canceled UCLA research grants total $584 million
UCLA has lost an estimated total of $584 million in funds after the Trump administration announced it’s freezing medical and science research grants.
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What is the ‘crypto bill'?
The fate of the legislation, which would regulate how stablecoin issuers operate in the U.S., had been uncertain in recent weeks despite early bipartisan support.
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What is Chapter 11 bankruptcy protection?
Chapter 11 bankruptcy provides a procedure by which an individual or a business can reorganize its debts while continuing to operate.
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Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year
Warren Buffett shocked an arena full of his shareholders by announcing that he wants to retire at the end of the year. Buffett said he will recommend to Berkshire Hathaway’s board that Greg Abel should become CEO at the end of the year. Previously the 94-year-old investor has always said he had no plans to retire. But Abel has been...
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LA's budget shortfall may cut hundreds of jobs within LAPD
After Mayor Karen Bass said over 400 civilian jobs within the LAPD would need to be eliminated amid the $1 billion deficit, police and other city leaders are pushing back. Conan Nolan reports for the NBC4 News at 4 p.m. on Wednesday, April 30. 2025.
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Some LA council members warn of ripple effects from proposed LAPD civilian employee layoffs
Mayor Karen Bass unveiled a spending plan for the city of Los Angeles that includes more than 1,600 layoffs, budget cuts and increases, the consolidation of municipal departments and other efforts to confront a nearly $1 billion deficit. The Fiscal Year 2025-2026 proposed budget was released Monday after the mayor addressed a broad range of challenges facing Los Angeles, including…
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Budget cuts may cost jobs within LAPD
Mayor Karen Bass is proposing to lay off 1,600 employees due to Los Angeles facing a nearly $1 billion shortfall. Some of them will impact jobs within the Los Angeles Police Department. Robert Kovacik for NBC4 at 11 p.m. on April 29, 2025.