Money | MyFOX Spokane

Feds show cash trail at Detroit ex-mayor's trial

Submitted by Fox First at Ten on September 24th

By ED WHITEAssociated Press DETROIT (AP) - Large amounts of cash that Kwame Kilpatrick deposited into bank accounts may have been gifts or money that he had saved for years and stored at home, the former Detroit mayor's lawyer suggested Monday. Prosecutors went right to the money in the

UN: 1.5 million Syrians in need of food aid

Submitted by Fox First at Ten on September 24th

By KARIN LAUBAssociated Press BEIRUT (AP) - The number of Syrians in need of food aid has jumped from 250,000 in April to 1.5 million today, the head of the U.N.'s food agency said Monday, as more civilians are driven from their homes by an escalating civil war. Separately, the

WHY IT MATTERS: Debt

Submitted by Fox First at Ten on September 24th

By TOM RAUMAssociated Press The issue: A sea of red ink is confronting the nation and presidents to come. The budget deficit - the shortfall created when the government spends more in a given year than it collects in taxes and fees- is on track to top $1 trillion for the fourth straight year.

WHY IT MATTERS: Debt

Submitted by Fox First at Ten on September 24th

More motherly McMahon aims for GOP upset in Conn.

Submitted by Fox First at Ten on September 24th

By ANDREW MIGAAssociated Press NAUGATUCK, Conn. (AP) - Wealthy former professional wrestling executive Linda McMahon is shifting her image from groin-kicking CEO to grandmother in her second bid for Senate in Connecticut. The makeover seems to be working against three-term Democratic Rep. Chris

Vote early: Skip the lines, maybe the debates, too

Submitted by Fox First at Ten on September 24th

By CONNIE CASSAssociated Press WASHINGTON (AP) - Now it's for real. Every time Mitt Romney or Barack Obama hits a rhetorical high note or commits another blunder, millions of voters watching and listening out there have the power to fill out a ballot, drop it in the mail and be done with the

Palestinians say two-state solution in jeopardy

Submitted by Fox First at Ten on September 24th

By EDITH M. LEDERERAssociated Press UNITED NATIONS (AP) - The Palestinian finance minister warned Sunday that the two-state solution is in jeopardy if the Palestinian Authority doesn't get a major infusion of cash to alleviate its severe fiscal crisis. Nabeel Kassis said the authority needs

Romney says he'll spend less time fundraising

Submitted by Fox First at Ten on September 23rd

DENVER (AP) - Mitt Romney says he's going to spend less time raising money and more time with voters. The Republican presidential nominee says President Barack Obama's decision in 2008 to bypass traditional spending limits has forced him to spend more time courting donors than he'd like

News Summary: Should you buy after Fed stimulus?

Submitted by Fox First at Ten on September 23rd

By The Associated Press FED UP: One goal of the Federal Reserve's stimulus is to make you so frustrated with the puny yields from conservative assets, like Treasurys, you'll buy stocks and other risky assets, driving up prices. That should make you richer and willing to spend more money

Bernanke wants you to buy stocks, but risk is high

Submitted by Fox First at Ten on September 23rd

By BERNARD CONDONAP Business Writer Ben Bernanke hopes his latest plan to stimulate the economy will get you to buy stocks and other risky assets. Maybe you should. People who did that after two similar Federal Reserve efforts are sitting on big gains today. But the odds of fat profits aren