Amid anxiety over rising costs from the federal healthcare law, California received better-than-expected insurance rates for a new state-run marketplace, but many consumers still won't be spared from sharply higher premiums.

READ MORE FROM LA TIMES

WE ALSO SPOKE TO PETER LEE OF " COVERED CALIFORNIA"...

Peter V. Lee, Executive Director of Covered California, spoke with us about how we will deal with the Affordable Care Act, what your options are, and how you may qualify for a subsidy.

GET MORE DETAILS HERE 

Is the highest-paid mayor in the United States broke?

With just over a month left in his second and final term, Mayor Antonio Villaraigosa will leave office in June reportedly without a place to live or a car of his own to drive, according to a report published Thursday.

Jill Stewart, L.A. Weekly’s managing editor, told KNX 1070 NEWSRADIO that Villaraigosa faces an uncertain political – and financial – future when he steps down June 30.

In order to maintain his current lifestyle, which includes frequent cross-country travel, a mayoral mansion at the taxpayer-supported Getty House, an Los Angeles Police Department security detail for his personal SUV, courtside seats to Lakers games, and several other perks, associates estimate Villaraigosa’s next gig would need to pay about $750,000 a year, according to Stewart.

READ MORE FROM CBS LA

10News went looking for answers after a local woman snapped photos of an unidentified object flying over Santee.

Ellen Henry told 10News her camera stopped working after snapping photos at a historical barn.

Henry said she is convinced that whatever she saw hovering over Santee's Edgmoore Barn is not from this world. She did not want to show her face on camera because she said she was still spooked by what she captured.

"I was like what was it doing there," said Henry. "Why was it there? What was it doing? And I said, the next time I come here, the barn will be beamed up."

READ MORE FROM 10 NEWS

An Arizona jury Thursday said it was unable to reach a unanimous agreement and would be unable to decide what penalty Jodi Arias should receive for killing her ex-boyfriend.

Judge Sherry Stephens declared a mistrial for the penalty phase of the trial. That means a new jury will be chosen, but the first-degree murder conviction still stands.

A new penalty phase in the case will begin on July 18, Stephens said.

Since Tuesday, jurors had been deliberating whether Arias, 32, should get a death sentence for murdering her ex-boyfriend in 2008.

READ MORE FROM CNN

Two men accused of butchering a British soldier had featured in previous investigations by security services, a British official said Thursday, as investigators searched several locations and tried to determine whether the men were part of a wider plot to instill terror on the streets of London.

The men, suspected of hacking the off-duty soldier to death while horrified bystanders watched, boasted of their exploits and warned of more violence in images recorded on witnesses' mobile phones. Holding bloody knives and a meat cleaver, they waited for the arrival of police, who shot them in the legs, according to a passerby who tried to save the dying soldier.

Prime Minister David Cameron vowed that Britain would not be cowed by the horrific violence, and that it would reject "the poisonous narrative of extremism on which this violence feeds." Indeed, there were few signs of alarm in the capital city, which has been hit by terrorist attacks during a long confrontation with the Irish Republican Army and more recently by al-Qaida-inspired attacks.

READ MORE FROM HUFFINGTON POST

Los Angeles Local News, Weather, and Traffic

Eric Garcetti will be LA's first elected Jewish mayor and the youngest person in  more than a century to hold the post. Garcetti shares a Latino heritage with the  outgoing mayor...he has Italian and Mexican roots from his father.

READ MORE FROM FOX LA

Jurors say the LAUSD must pay a fourth-grade special needs student $1.4 million after she was sexually assaulted five times by a male classmate during an after-school program in Chatsworth.

READ MORE FROM LA TIMES

Drone strikes are a necessary evil, but one that must be used with more temperance as the United States' security situation evolves, President Barack Obama said in a counterterrorism speech Thursday.

America prefers to capture, interrogate and prosecute terrorists, but there are times when this isn't possible, Obama said in his remarks at the National Defense University in Washington. Terrorists intentionally hide in hard-to-reach locales and putting boots on the ground is often out of the question, he said.

Thus, when the United States is faced with a threat from terrorists in a country where the government has only tenuous or no influence, drones strikes are the only option -- and they're legal because America "is at war with al Qaeda, the Taliban and their associated forces," Obama said.

He added, however, "To say a military tactic is legal, or even effective, is not to say it is wise or moral in every instance. For the same progress that gives us the technology to strike half a world away also demands the discipline to constrain that power -- or risk abusing it."

READ MORE FROM CNN

The Chicago Board of Education on Wednesday voted to close 49 elementary schools, in what is believed to be the biggest single mass shutdown of schools in U.S. history. Initially, a total of 53 elementary schools were on the chopping block, but four of them were spared.

The closings are part of a plan for the Chicago Public Schools to plug a $1 billion budget deficit. The schools to be shut down were identified by CPS as having too few students or failing to meet academic standards. 

One of the school closings will be delayed for a year, another will be delayed for two years, and a school not on the closing list will be spared from a major staff overhaul known as a “turnaround.”

The closings represent 10 percent of the 472 elementary schools in the CPS system.

READ MORE FROM CBS LA