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Los Angeles, CA - June 27: Gritz N Wafflez owner Jurni Rayne at Gritz N Wafflez in Los Angeles Thursday, June 27, 2024. High interest rates have affected consumers and small businesses. Gritz N Wafflez is a brunch diner, started two years ago by owner Jurni Rayne. She began with a ghost kitchen offering delivery service, and moved to this location, 1.5 miles west of the Staples Center, about a year ago. It'll be moving again this fall to a bigger space in Koreatown as the restaurant has become very popular. She says she might have moved even sooner had interest rates and financing been more favorable. (Allen J. Schaben / Los Angeles Times)

High interest rates are hurting people. Here’s why it’s worse for Californians

The surge in borrowing costs hasn’t been a knockout blow for consumers and small businesses, but the pain is real and very personal.
FILE - Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and chief medical adviser to the president, speaks during a Senate Health, Education, Labor, and Pensions Committee hearing Tuesday, Jan. 11, 2022 on Capitol Hill in Washington. Speaking Tuesday night, April 26, 2022, on PBS’ “NewsHour,” Fauci said the global pandemic isn’t over but the U.S. currently is “out of the pandemic phase.” But it doesn’t mean the coronavirus threat to Americans has ended. (Greg Nash/Pool via AP)

Column: Anthony Fauci’s memoir strikes a crucial blow against the disinformation agents who imperil our health

Saks Fifth Avenue Beverly Hills.

Saks owner said to be nearing deal to buy Neiman Marcus for $2.65 billion

MAMMOTH LAKES, CA - JANUARY 13: Sierra Club organizer Kris Hohag walks across an irrigation pipe used to move water from Hot Creek to adjacent wetlands and pastures near Mammoth Lakes on Wednesday, Jan. 13, 2021 in Mammoth Lakes, CA. For seven decades, LADWP has provided free allotments of water for irrigation purposes in the area and now they want to send the water south to Los Angeles instead. (Brian van der Brug / Los Angeles Times)

Sierra Club strike averted after deal with union to reinstate some laid-off workers

FILE - In this Nov. 10, 2016, file photo, people walk past a Microsoft office in New York. Microsoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools that can generate readable text, images and computer code. The tech giant on Monday, Jan. 23, 2023 described its new agreement as the third stage of a growing partnership with San Francisco-based OpenAI that began with a $1 billion investment in 2019. (AP Photo/Swayne B. Hall, File)

Microsoft to pay $14.4-million settlement over alleged parental, disability leave discrimination

The Ambassador Auditorium at 131 S. St. John Ave. in Pasadena.

Pasadena’s Ambassador Auditorium, ‘Carnegie Hall of the West,’ goes up for sale

Watts, CA - February 9: A sign is displayed saying "Fast Food Justice. Ahora!," during a California Fast Food Workers Union meeting at Watts Labor Community Action Committee on Friday, Feb. 9, 2024 in Watts, CA. (Michael Blackshire / Los Angeles Times)

L.A. fast-food workers may get a helping hand from City Council

John Roberts, chief justice of the US Supreme Court, from left, Elena Kagan, associate justice of the US Supreme Court, Brett Kavanaugh, associate justice of the US Supreme Court, Amy Coney Barrett, associate justice of the US Supreme Court, and Ketanji Brown Jackson, associate justice of the US Supreme Court, ahead of a State of the Union address at the US Capitol in Washington, DC, US, on Tuesday, Feb. 7, 2023. President Biden is speaking against the backdrop of renewed tensions with China and a brewing showdown with House Republicans over raising the federal debt ceiling. Photographer: Jacquelyn Martin/AP/Bloomberg via Getty Images

Column: With its ‘Chevron’ ruling, the Supreme Court claims to be smarter than scientific experts

State Farm seeks major rate hikes for California homeowners and renters

Column: How a surgeon general’s warning and a Supreme Court ruling may place gun control on the front burner

Hollywood Inc.

A girl with braces schemes with her minions.

‘Despicable Me 4’: Mega Minions bring mega bucks to holiday box office

Universal Pictures’ ‘Despicable Me 4’ enjoyed a solid opening day at the domestic box office to kick off the Fourth of July weekend.
Shari Redstone

So the Paramount and Skydance deal is back on track. What happened and what’s next?

This image release by Illumination & Universal Pictures shows a scene from "Despicable Me 4," (Illumination & Universal Pictures via AP)

How the power of the Minions and Gen Z propelled the ‘Despicable Me’ franchise

Skydance Media founder and CEO David Ellison attends the premiere of Apple Original Films' "Ghosted" at AMC Lincoln Square on Tuesday, April 18, 2023, in New York. (Photo by Evan Agostini/Invision/AP)

David Ellison agrees to buy Redstone family firm that controls Paramount

Barry Diller expresses interest in Redstone family firm (and Paramount controlling shareholder)

Hunter Biden sues Fox News over mock trial program

What’s in the new IATSE deal? Wage increases, AI rules and more

Blumhouse’s latest strategy to scare the hell out of you: video games

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Taggers seen in action at graffiti-covered L.A. skyscraper
For Subscribers

Forget the graffiti. L.A.’s most notorious skyscrapers have a much bigger problem

Graffiti artists made Oceanwide Plaza in downtown Los Angeles infamous. But a far more complex question looms over the real estate catastrophe: Can it be salvaged?
SANTA MONICA CA - MAY 10, 2024 - Dr. Peter Diamandis participates in a zoom meeting while receiving a therapeutic plasma exchange treatment at the Neurological Associates clinic in Santa Monica on May 10, 2024. Diamandis, entrepreneur, futurist, technologist, says the procedure is like an oil change for your body. Diamandis, a New York Times Bestselling Author and the founder of over 25 companies. He is the Founder and executive chairman of the XPRIZE Foundation. In the last few years, he has turned his attention to the fast-growing longevity movement, directing millions of dollars into anti-aging research and experimenting with cutting-edge therapies in an attempt to live longer and healthier. "No one wants to be 150 drooling in a wheelchair," he says. "Life is short until you extend it," is his motto. (Genaro Molina/Los Angeles Times)
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Can money conquer death? How wealthy people are trying to live forever

City National Bank collage
For Subscribers

City National, ‘Bank to the Stars,’ aided a Ponzi scheme, lawsuit says

LOS ANGELES CA APRIL 30, 2024 - Figueroa Eight, a 41-story apartment tower designed by one of L.A.'s most prominent architects, features a rooftop saltwater pool with furnished cabanas and poolside bar in downtown Los Angeles. This luxury residential building is coming to market at a time when downtown is suffering from a loss of office tenants, fear of crime and persistent homelessness. (Brian van der Brug / Los Angeles Times)
For Subscribers

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

SANTA MONICA, CA - APRIL 5, 2024 - - Shoppers make their way into the 99 Cent Only store in Santa Monica on April 5, 2024. The stores will be closing soon. (Genaro Molina/Los Angeles Times)
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99 Cents Only was an L.A. icon. Inside the fall of the popular chain

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FILE - This Monday, Jan. 8, 2017, file photo shows a "For Rent" sign outside an apartment building in Sacramento, Calif. California Gov. Gavin Newsom reached a deal with apartment owners and developers Friday, Aug. 30, 2019, on legislation that would cap how rapidly rents can rise as the state grapples with a housing crisis. (AP Photo/Rich Pedroncelli, File)

Californians won’t pay more than one month’s rent for security deposits under new law

On Monday, Assembly Bill 12, authored by San Francisco Assemblymember Matt Haney, took effect, limiting security deposits to one month’s rent for all but the smallest of landlords.
LOS ANGELES, CA - MARCH 6: The living room was renovated under the guidance of designer Jared Frank on Monday, March 6, 2024 in Los Angeles, CA. (Emanuel Hahn / For The Times)

Restoring a midcentury Valley home to ‘its original glory,’ with tiki flair

CARMEL-BY-THE-SEA, CA - JUNE 18, 2024 - Bellman and valet Blake Vogelpohl enters the L'Auberge Carmel hotel in Carmel By The Sea on June 18, 2024. L'Auberge Carmel hotel is one of many properties that Monaco billionaire Patrice Pastor has purchased. Pastor has been on such a buying spree in and around Carmel-by-the-Sea dropping more than $100 million dollars on at least 18 properties over the last decade - that his presence has become a major source of intrigue in this moneyed one-square-mile town of 3,200 people. (Genaro Molina/Los Angeles Times)

Why is a Monaco billionaire buying so many properties in Carmel and Big Sur?

Owning Manhattan. Ryan Serhant in episode 103 of Owning Manhattan. Credit: Courtesy of Netflix/© 2024 Netflix, Inc.

‘Owning Manhattan’ is Ryan Serhant’s latest mash-up of reality drama and luxury real estate

Marilyn Monroe's Brentwood home

L.A. City Council declares Marilyn Monroe house a cultural landmark, saving it from destruction

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Illustration of a craftsman home with a key and ribbon below.

The Great SoCal House Hunt

Buying a home for the first time is one of life’s sweet milestones.

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