FOX First At Ten Business News

My Fox Spokane Biz

Stocks move higher on home building, low inflation

Stocks move higher on home building, low inflation
NEW YORK (AP) - The stock market is moving higher in midday trading after the government reported gains in home construction and low inflation. Investors are also sending stocks up because they expect the Federal Reserve will keep in place programs meant to prop up the economy. The Dow Jones

Argentine cash controls bring bargains, headaches

Argentine cash controls bring bargains, headaches
By ALMUDENA CALATRAVAAssociated Press BUENOS AIRES, Argentina (AP) - The Brazilian visitors gawk in wonder as they stroll past shop windows along touristy Florida street in the Argentine capital. The jackets, the shoes - they're all so cheap when your purse is stuffed with black-market money.

US video game retail sales fall 25 percent in May

US video game retail sales fall 25 percent in May
NEW YORK (AP) - U.S. retail sales of video games, hardware and accessories declined 25 percent in May as demand for aging game consoles continued to fade and fewer new games launched compared with last year, according to market researcher NPD Group. NPD said late Monday that total video game sales

Waiting for word from Bernanke, stocks move higher

Waiting for word from Bernanke, stocks move higher
By CHRISTINA REXRODEAP Business Writer NEW YORK (AP) - It's all about the Fed. Still. U.S. stocks moved higher Tuesday, helped by news of a pickup in home building and low inflation. But the Federal Reserve loomed large, with investors trying to guess what the central bank will say Wednesday

Stocks open higher as home building advances

Stocks open higher as home building advances
NEW YORK (AP) - Stocks are opening higher on Wall Street after the pace of home construction picked up in May, the latest encouraging sign from the housing market. The Dow Jones industrial average rose 45 points, or 0.3 percent, to 15,229 in the first few minutes of trading Tuesday. The Standard

Kabel Deutschland shares rise on takeover interest

Kabel Deutschland shares rise on takeover interest
BERLIN (AP) - Shares in Germany's biggest cable operator are up after Kabel Deutschland received a preliminary takeover proposal from U.S. firm Liberty Global. Kabel Deutschland confirmed Liberty Global PLC's approach Tuesday, only days after British rival Vodafone PLC said it was also in

US consumer prices rise just 0.1 pct in May

US consumer prices rise just 0.1 pct in May
By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP) - U.S. consumer prices rose slightly in May as higher energy costs were partly offset by cheaper food. The small increase comes after two straight declines, underscoring that American consumers are benefiting from mild inflation. The

US home construction rises 6.8 percent in May

US home construction rises 6.8 percent in May
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - U.S. builders began construction on more single-family homes and apartments in May, encouraged by more buyers and a scarcity of houses for sale. The overall pace of homes started rose 6.8 percent last month to a seasonally adjusted annual

Wake-up call: Starbucks to post calorie counts

Wake-up call: Starbucks to post calorie counts
By CANDICE CHOIAP Food Industry Writer NEW YORK (AP) - Starbucks has a new way to wake up its customers: showing the calories in its drinks. The Seattle-based coffee chain says it will start posting calorie counts on menu boards nationwide next week, ahead of a federal regulation that would require

US home construction rises 6.8 percent in May

US home construction rises 6.8 percent in May
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - U.S. builders stepped up home construction in May and applied for permits to build single-family homes at the fastest pace in five years. The gains show housing remains a key source of growth for the economy. The overall pace of homes

Most Popular Stories

FIRST ON KHQ.COM: Spokane Valley Homeowner Catches Would Be Burglar; Holds Suspect At Gunpoint Until Authorities Arrive

FIRST ON KHQ.COM: Spokane Valley Homeowner Catches Would Be Burglar; Holds Suspect At Gunpoint Until Authorities Arrive
PRESS RELEASE FROM THE SPOKANE VALLEY POLICE DEPT: On Tuesday, June 18, 2013, at 9:15 a.m., Spokane Valley Sheriff's Deputies responded to a person with a weapon call near the area of 13600 E. 20th Ave. Deputies arrived on scene and found the victim homeowner detaining the suspect, later

UPDATE: Wrong-Way Crash On Hwy. 195 At Cheney Spokane Rd.

UPDATE: Wrong-Way Crash On Hwy. 195 At Cheney Spokane Rd.
UPDATE: The female driver has been identified as Jennifer A. Schmidt of Spokane Valley. The male driver has been identified as Sean D. Moss. Both Schmidt and Moss were life-flighted by Medstar to Sacred Heart. The State Patrol says both vehicles were totaled and both drivers were wearing seatbelts

Judge sets Fort Hood suspect trial for July 9

Judge sets Fort Hood suspect trial for July 9
By ANGELA K. BROWNAssociated Press FORT HOOD, Texas (AP) - Nearly four years after the deadly Fort Hood shooting rampage, the Army psychiatrist charged in the case will finally go on trial after a judge Tuesday refused his request for a three-month delay. Jury selection in Maj. Nidal Hasan's