David Wagner

Business and Economy Reporter

Contact David Wagner

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.

Have questions you want me to answer? Ask them below.

Stories by David Wagner

New US Attorney in LA hasn't said anything about the marijuana rule change

Nicola Hanna wouldn't say whether he'll prosecute marijuana distributors after Obama-era restrictions on enforcing federal pot laws were lifted.

Don't expect to celebrate New Year's Day with legal pot in LA

Hoping to buy some legal recreational weed on Jan. 1? You'll have to leave Los Angeles to find a shop ready for sales — or wait until February.

What the GOP tax bill means for California nonprofits

Economists say fewer Californians are likely to itemize their taxes under the GOP plan. Does that mean they'll stop making tax-deductible contributions to charity?

Here's what the final GOP tax plan means for California

Golden Staters typically deduct an average of $18,400 for state and local taxes from their federal tax bill. The GOP plan would limit that to $10,000.

California realtors say tax plan has made some homes hard to sell

"We're seeing many folks waiting to see what will happen before they make a decision on what's good for their family," said one realtor.

Skirball Fire reaches 75 percent containment

The Skirball Fire burning in the Bel Air area was 75 percent contained by Saturday afternoon, with most — but not all — evacuation orders lifted.

Thomas Fire grows slightly; now at 15 percent containment

Southern California's largest fire grew has scorched 155,000 acres, but crews succeeded at keeping containment at 15 percent.

Lilac Fire holds steady overnight

A fire burning in northern San Diego County held steady at 4,100 acres overnight, with crews increasing containment to 20 percent.

Rye Fire containment increases to 80 percent

Containment of a fire in the Santa Clarita area increased overnight, according to an early Saturday morning Cal Fire update.

Creek Fire containment now at 80 percent

The fire destroyed 56 residential buildings and damaged 45 others since breaking out Tuesday morning, four miles east of Sylmar.

LA City Council approves rules for recreational pot

Weeks away from the statewide legalization of recreational sales, L.A. now has rules for businesses planning to provide marijuana to consumers starting in 2018.

One of LA's best places to be a pot entrepreneur is...

Most cities in Southern California aren't ready for legal pot sales or don't want them. But Lynwood already has businesses moving in and getting ready to grow.

Californians don't like the GOP tax plan — even many conservatives

In the words of one Californian: "Thank goodness I haven't had to talk to my tax dude yet...It's going to be such a bummer."

Senate tax plans has huge implications for Californians

After much back and forth, it appears now that the Senate is close to pushing through a massive re-write of the tax bill. After hours and hours of negotiations and deal-making, leading Senate Republicans say they have enough votes to get the job done.

What the Senate's tax vote means for California

This week, Senate Republicans are aiming to pass a number of changes that could significantly affect how much Californians pay in federal taxes.