David Wagner

Business and Economy Reporter

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The Southern California economy is strong, so why are so many people living paycheck to paycheck? I tell the stories of these Angelenos, their struggles and the many creative ways they make a living. I share information on strategies that can put people on the path to greater prosperity.

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Stories by David Wagner

Where do people get money for CA homes? Often, mom and dad

Federal data shows first-time buyers in California increasingly rely on family for help.

LA adopts new rules for banks wanting to hold the city's money

The new requirements come in the wake of scandals involving Wells Fargo, which currently handles most of the city's deposits.

LA voters to decide on new pot tax in November

Proponents say it'll help communities targeted in the War on Drugs. But legal pot shop owners have said existing taxes are already too high.

Minimum wage going up for many SoCal workers

A lot of local workers just got a raise, thanks to a minimum wage increase that went into effect on Sunday July 1st in many parts of Southern California.

What's in your pot? You'll know for sure starting July 1

State-licensed testing labs are about to tell California consumers what's really in their pot — but strict rules could also lead to a sudden shortage on July 1.

California’s high housing costs and its impact on employment

Plenty of workers still move West each year for a new job in California.

Is California’s expensive housing scaring away job seekers?

California employers and job recruiters find it tough to lure out-of-state workers at a time when unemployment rates are falling and housing prices are rising.

Santa Monica decides against a hard cap on electric scooters

Electric scooters have quickly become a popular way to get around in Santa Monica. The city was the first to get scooters from Silicon Beach startup Bird. And now, Santa Monica has decided to take a light touch on regulating them.

Why did Villaraigosa get shut out of the Governor's race?

The former LA mayor was fighting to become California's first elected Latino governor, but he didn't bring out a huge wave of Latino voters.

Bernie Sanders supports higher wages for Disneyland workers

Bernie Sanders is making higher wages the focus of his trip to Southern California on Saturday, meeting with Disneyland workers and LA ports truck drivers.da

Bernie Sanders to meet SoCal workers demanding higher wages

Sanders is scheduled to speak with Disney workers in Anaheim calling for $18 per hour and with truck drivers who say they're facing wage theft at L.A. ports.

Homelessness is down in LA for the first time in four years

But the annual homeless count showed the number of people experiencing for the first time actually going up compared to last year.

LA is cracking down on illegal pot shops

Legal pot stops complain about unfair competition from unlicensed pot shops; now the city attorney and LAPD are prosecuting 36 illegal stores in a widespread crackdown.

LA County to pay nearly $12 million to family of cyclist struck and killed by deputy

Entertainment lawyer Milton Everett Olin, Jr.. 65 of Woodland Hills, was killed while out for a Sunday afternoon bike ride in Calabasas.

Video released of fatal LAPD shooting in Boyle Heights

Body cam footage of a Los Angeles police officer shooting and killing 14-year-old Jesse Romero two years ago is being seen by the public for the first time.