Money | MyFOX Spokane

Foreign policy at forefront is a Romney hurdle

Submitted by Fox First at Ten on September 14th

By STEVE PEOPLES and THOMAS BEAUMONTAssociated Press BOSTON (AP) - With protests at U.S. embassies and four Americans dead, Mitt Romney is suddenly facing a presidential election focused on a foreign policy crisis he gambled wouldn't happen. It did - and at a bad time for the GOP hopeful.

Fed seeking to create wealth, not just cut rates

Submitted by Fox First at Ten on September 14th

By MARTIN CRUTSINGER and PAUL WISEMANAP Economics Writers WASHINGTON (AP) - The Federal Reserve wasn't just trying to drive down interest rates when it announced a third round of bond purchases Thursday. It also wants to make people feel wealthier - and more willing to spend. The idea is

Fed seeking to create wealth, not just cut rates

Submitted by Fox First at Ten on September 14th

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