| Jul 8, 2014
| 8:04 PM
The wealthy playboy behind American Apparel Inc.'s latest crisis isn't ousted Chief Executive Dov Charney. It's a London financier named Lyndon Lea.
American Apparel told securities regulators Tuesday that Lea's private equity firm, Lion Capital, has...
| Jul 10, 2014
Tribune Publishing may have the flexibility to carry more than $350 million in debt after its planned spinoff from Tribune Co., which sources say is expected to happen in early August.
In an amendment filed with the Securities and Exchange Commission...
| Jul 17, 2014
| 7:31 AM
The cost of getting a mortgage has leveled off, with Freddie Mac saying lenders were offering 30-year fixed-rate home loans this week at an average interest rate of 4.12%. That rate is little changed from the average of 4.15% over the last 10 weeks.
| Jul 10, 2014
| 2:14 PM
Ever wonder how much home you can afford, if there's room in your budget for a new car or how big of a nest egg you need to retire?
The answers to these questions are rarely exact, but an abundance of online financial calculators promises to help you get...
| Jun 17, 2014
| 2:30 PM
Those of us who've managed to see our children graduate from college without student loans should consider ourselves as lucky as a Powerball jackpot winner. We've given the next generation the best present ever: a debt-free launch into adulthood.
| May 29, 2014
| 8:30 PM
Perhaps the most dynamic part of the race for an entertainment-heavy California congressional district is the cast of competitors: They include a spiritual teacher and author, a radio talk host, an Iraqi war veteran and criminal gang prosecutor, a...
| Jun 9, 2014
| 5:36 PM
When interest rates go down, many people with outstanding loans — house, car, home equity — start looking around at refinancing options. Unless your debt is a student loan, in which case federal law places you in a different category from...
| Jun 5, 2014
| 2:53 PM
Your first glance at your student loan debt after college is likely to be a nauseating encounter.
So if you are like a lot of graduates, you may stick the paperwork in a drawer and try not think about it. Or you might sign up for payments without giving...
| May 26, 2014
| 10:00 PM
Neophyte restaurateurs Beverly Kim and Johnny Clark ran through calculations on their Excel spreadsheet, something they've done plenty in the last year. They knew early on that the margin of error at their new Avondale restaurant, Parachute, was thin....
| May 30, 2014
| 2:04 PM
The city of Los Angeles accused JPMorgan Chase & Co. of steering minority borrowers into risky home loans they couldn’t afford, triggering a foreclosure wave that hammered property values and city coffers.
In a lawsuit filed Friday in U.S....
| Jun 10, 2014
| 4:16 PM
[UPDATE: The Warren- and Durbin-backed bill to refinance student loans at lower rates has failed to pass the Senate.]
The student loan fight has found a battleground state: Illinois.
U.S. Sen. Dick Durbin (D-Ill.) has made student debt one of his...