Money | MyFOX Spokane

NYC bans big, sugary drinks at restaurants

Submitted by Fox First at Ten on September 14th

By DAVID B. CARUSO and JENNIFER PELTZAssociated Press NEW YORK (AP) - Over a decade, New York City has outlawed smoking in bars and offices, banned trans fats, and forced fast-food restaurants to list calorie counts on their menus. Now, the Big Apple has set its sights on sugary beverages with

Spain inches closer to financial help request

Submitted by Fox First at Ten on September 14th

By NICHOLAS PAPHITIS and PAN PYLASAssociated Press NICOSIA, Cyprus (AP) - Spain revealed Friday that it will present a new set of economic reforms by the end of the month, in a move that raises hopes that the struggling country will soon ask for financial help. The economic reform plan,

Calif. officials reach accord in pepper-spray case

Submitted by Fox First at Ten on September 14th

SAN FRANCISCO (AP) - The University of California Regents reached a proposed settlement with UC Davis students and alumni hit with pepper spray during a campus protest that gained nationwide attention in November. Neither the University's lawyers nor the plaintiffs' lawyers would comment

10 Things to Know for Friday

Submitted by Fox First at Ten on September 14th

By The Associated Press Your daily look at late-breaking news, upcoming events and the stories that will be talked about Friday: 1. FED BOND ANNOUNCEMENT SENDS STOCKS ROCKETING But economists caution the moves may have little effect; more action could be on the horizon. 2. UPHEAVAL OVER ANTI-

Money market fund assets rose to $2.578 trillion

Submitted by Fox First at Ten on September 13th

NEW YORK (AP) - Total U.S. money market mutual fund assets rose $8.04 billion to $2.578 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds rose $670 million to $886.86 billion, the Washington-based

Cash pulled from stock funds for 6th month in row

Submitted by Fox First at Ten on September 13th

By MARK JEWELLAP Personal Finance Writer BOSTON (AP) - Another month of a rising stock market, another month of retreat for mutual fund investors who exited stocks and moved into bonds. A net $11 billion was withdrawn from U.S. stock funds in August, the sixth month in a row that withdrawals

Questions and answers on the US Fed's latest moves

Submitted by Fox First at Ten on September 13th

By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP) - The Federal Reserve launched a new mortgage bond-buying program Thursday and said it plans to keep short-term interest rates at ultra-low levels until the middle of 2015. The goal is to encourage more borrowing and spending. Here

Crop insurance losses begin to mount amid drought

Submitted by Fox First at Ten on September 13th

By ROXANA HEGEMANAssociated Press WICHITA, Kan. (AP) - Thousands of farmers are filing insurance claims this year after drought and triple-digit temperatures burned up crops across the nation's Corn Belt, and some experts are predicting record insurance losses - exacerbated by changes that

What financial reports reveal about TV networks

Submitted by Fox First at Ten on September 13th

By The Associated Press Companies with television networks have been releasing their earnings reports for the latest quarter. It generally covers the April-June period, though some companies have fiscal quarters that depart from that. Here's a look at reports for selected television network

Prices of Facebook stock since long-awaited IPO

Submitted by Fox First at Ten on September 13th

By The Associated Press Facebook's stock has been down on 47 trading days, up on 33 and unchanged on two since its initial public offering. Facebook began trading publicly in mid-May following one of the most anticipated stock offerings in history. The IPO priced at $38, at the top of a