A healthier U.S. housing market and economy helped to winnow foreclosures in 2014 to levels not seen since before the housing bust.
The end of the holiday shopping season led to more Americans seeking unemployment benefits last week, raising the number of applications to an 18-week high. Still, the number remains near historically low levels.
Average long-term U.S. mortgage rates fell for the third straight week, with the benchmark 30-year rate again marking its lowest level since May 2013.
U.S. wholesale prices fell in December by the largest amount in more than three years, reflecting the biggest monthly decline in the cost of gasoline in six years.
California is the country's No. 3 oil-producing state, with most coming from aging fields in the Central Valley's Kern County. Fracking entails forcing fluid, sand and chemicals underground to break rock formations and extract oil and gas from tough oil reservoirs that defy more conventional drilling techniques.
Americans actually cut back last month after ramping up spending in November, perplexing analysts who had expected strong retail sales in December in light of rising job growth and sinking gas prices.
The U.S. economy was growing at a moderate pace in December and early January, helped by gains in sales of autos and other consumer products, increased factory production and a pickup in tourism in various parts of the country, the Federal Reserve reported Wednesday.
General Motors says it expects pretax earnings and profit margins to increase this year over last, after adjusting last year for recall costs.
U.S. businesses added to their stockpiles by a modest amount in November, even though sales were weak for a fourth consecutive month.
Wells Fargo & Co. reported a slightly higher fourth-quarter profit as the country's biggest mortgage lender generated more income from interest payments.
Tulare County authorities say nobody was hurt when fire ripped through a citrus packing operation, causing an estimated $1 million in damage.
Even though they were supposed to be done with the State Route 58 Gap Closure Project by 2015, Luis Topete of the Thomas Roads Improvement Program thinks drivers should be optimistic.
Work for the State Route 99/Hosking Avenue Interchange Project will require full highway closures over some upcoming nights.
County supervisors have named a new chief financial officer for Kern Medical Center.
It includes $1.2 billion to design and build the 60-mile segment from Fresno to north of Bakersfield and $160 million for Pacific Gas & Electric to relocate existing gas and electricity lines there.