Coming up on #KTLA: California is the world's fourth-largest wine producer, bottling about 80% of all U.S. vino. But now the industry is struggling as young people increasingly opt for other alcoholic beverages
@davidlaz.bsky.social
@davidlaz.bsky.socialComing up on #KTLA: California is the world's fourth-largest wine producer, bottling about 80% of all U.S. vino. But now the industry is struggling as young people increasingly opt for other alcoholic beverages
@davidlaz.bsky.socialComing up on #KTLA: How expensive is healthcare in this country? A new report finds that to pay for the typical hospital stay, you'd have to work nearly three months (or significantly more if you live in California)
@davidlaz.bsky.socialComing up on #KTLA: More signs of trouble for California's once-mighty wine industry. A 20-year-old winery is shuttering its tasting room amid falling demand, especially from younger people who'd rather drink a canned alcoholic beverage than a nice glass of vino
@kirkhawkins.bsky.socialHappy Thursday! Friday Eve! I’m working alongside Frank Buckley, Jessica Holmes, Ginger Chan and Melvin Robert on the KTLA Morning News until 11am #KTLA
@davidlaz.bsky.socialComing up on #KTLA: The Trump administration keeps claiming it inherited sky-high inflation from Biden. In reality, inflation was 3% and trending lower when Trump took office. As of today, it's 3.7%, due almost entirely to war and tariffs
@davidlaz.bsky.socialComing up on #KTLA: Skydance wastes no times in jacking up streaming rates. The cost of ad-free Discovery+ now runs $12, up 20%, or five times the current inflation rate. This raises questions about the eventual combo of Paramount+ and HBO Max
@davidlaz.bsky.socialComing up on #KTLA: Inflation was running at 3.7% last month, higher than expected, as gas prices continue weighing heavily on consumers. And already next year's 3.6% increase in Social Security payments is lagging the inflation rate
@davidlaz.bsky.socialHow can we save Social Security? Here's my #KTLA report on a first step that could get us much closer to financial stability www.youtube.com/watch?v=bVN_...
@davidlaz.bsky.socialComing up on #KTLA: The head of Social Security says the program will be around for another 90 years. But it won't meet its full obligations without some major financial fixes. I'll explain how doing away with the earnings cap would be a good first step
@davidlaz.bsky.socialComing up on #KTLA: What are key factors when picking a new home? Good schools? An easy commute? Increasingly, what home hunters most want is proximity to a Costco
@davidlaz.bsky.socialComing up on #KTLA: Seniors are having a tough time making ends meet on fixed incomes as consumer prices keep rising. Tomorrow's Social Security cost-of-living increase for 2027 may not solve the problem
@davidlaz.bsky.socialComing up on #KTLA: If (or when) AI goes rogue and does damage, who's responsible? Not us, says the AI industry, which insists AI has a mind of its own. I'll explain how that rationale doesn't pass the 'tiger test'
@davidlaz.bsky.socialComing up on #KTLA: For days, Starbucks shareholders have been pondering reports that the coffee chain was working up a takeover bid for Chipotle. Today the coffee chain said there are no burrito bowls in its future
@davidlaz.bsky.socialComing up on #KTLA: The IMF warns of AI acting as a 'slow-moving tsunami' washing over global job markets, wiping out entry-level positions. Meanwhile, Netflix reportedly is set to say sayonara to hundreds of workers
@davidlaz.bsky.socialComing up on #KTLA: Debt is growing, not just for consumers but also for Uncle Sam. As the federal budget deficit nears $2 trillion, more Americans are falling behind on loan payments. But not to worry -- the Fed says rich people are getting richer
@davidlaz.bsky.socialComing up on #KTLA: PepsiCo says it's jacking up the cost of Doritos, Ruffles and other munchables just months after cutting prices to assist cash-strapped consumers. It blamed the war with Iran and President Trump's tariffs
@davidlaz.bsky.socialComing up on #KTLA: A recipe for financial trouble -- the budget deficit is now almost $2 trillion, more Americans are behind on debt payments and according to the Federal Reserve, the rich just keep getting richer
@davidlaz.bsky.socialComing up on #KTLA: The percentage of white families owning homes is far greater than that for Black families. The Trump administration is investigating California's Wells Fargo for allegedly discriminating against white home buyers by promoting 'racial equity in home ownership'
@davidlaz.bsky.socialComing up on #KTLA: While the White House continues to insist President Trump's tariffs are paid by foreign entities, a new report from the Federal Reserve says the import taxes resulted in higher prices for U.S. consumers
@davidlaz.bsky.socialComing up on #KTLA: The Trump administration has accused San Francisco's Wells Fargo, one of America's largest mortgage lenders, of discriminating against white home buyers by seeking to boost Black home ownership