Money | MyFOX Spokane

Asia stocks extend losses after big sell-off

Submitted by Fox First at Ten on May 24th

By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Asian stocks continued to retreat Friday after being routed the day before by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus. Japan's Nikkei 225 index, which plummeted more

Japan's PM Abe defends policies as markets settle

Submitted by Fox First at Ten on May 24th

By ELAINE KURTENBACHAP Business Writer TOKYO (AP) - Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst

GOP's Walker touts state ties during trip to Iowa

Submitted by Fox First at Ten on May 24th

By THOMAS BEAUMONTAssociated Press WEST DES MOINES, Iowa (AP) - Scott Walker tried to introduce himself to Iowa Republicans Thursday as so many would-be presidential candidates often do - one of their own. After all, the Wisconsin governor weighing a 2016 bid for president spent seven years as a

6 tips on managing your 401(k) plan effectively

Submitted by Fox First at Ten on May 23rd

By ALEX VEIGAAP Business Writer The run-up in stock prices this year could tempt even the most hands-off investor to wade into their 401(k) and make some changes. The Dow Jones industrial average, Nasdaq and Standard & Poor's 500 indexes are each up more than 20 percent over the past 12

Senate votes to cut crop insurance aid for wealthy

Submitted by Fox First at Ten on May 23rd

By MARY CLARE JALONICKAssociated Press WASHINGTON (AP) - The Senate on Thursday voted to limit the amount of government subsidies the wealthiest farmers receive when purchasing crop insurance. The vote was one small victory this week for critics of a massive, five-year farm bill that would cost

Senate votes to cut crop insurance aid for wealthy

Submitted by Fox First at Ten on May 23rd

Senate votes to cut crop insurance aid for wealthy

Submitted by Fox First at Ten on May 23rd

NYPD: Merchant held for ransom, tortured for month

Submitted by Fox First at Ten on May 23rd

By COLLEEN LONGAssociated Press NEW YORK (AP) - A businessman was snatched from a New York City street in broad daylight, then held captive for more than a month in a warehouse where he was bound and burned with acid as he was held for a $3 million ransom his family back in Ecuador did not have,

Sears reports bigger-than-expected 1Q loss

Submitted by Fox First at Ten on May 23rd

By ANNE D'INNOCENZIO AND CANDICE CHOIAP Retail Writers NEW YORK (AP) - It was another ugly quarter for Sears Holdings Corp. The beleaguered department-store chain reported a steeper-than-expected loss for its first quarter on slumping sales. It also announced that it is considering selling its

Smooth confirmation hearing for Pritzker

Submitted by Fox First at Ten on May 23rd

By ANDREW MIGAAssociated Press WASHINGTON (AP) - President Barack Obama's nominee for commerce secretary was questioned briefly about her ties to a subprime mortgage lender that failed in 2001 and her role as a beneficiary of family offshore trusts in the Bahamas, but those were minor bumps in