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Unofficially summer is over and kids head back to school. August was the second best monthly performance of 2014 for stocks and Wall Street bulls are hoping for more of the same as September gets underway. The S&P 500 was up over 4% in August and is up almost 8.5% for the year. (CNBC)

The US Dollar reached its highest level in almost a year against the euro as signs of U.S. economic growth and tensions in the Ukraine boosted demand for the currency. This move makes imported goods cheaper for consumers, but makes our exports more expensive and makes life difficult for our manufactures. (Bloomberg)

Oregon outdoor wear maker Columbia Sportswear and the Dallas Cowboys have entered an apparel licensing partnership starting in late spring 2015 through early 2018.  This is the first time Columbia has partnered with an NFL team. They do have relationships with 33 colleges, including Oregon and Oregon State.  (Oregon Live)

A growing number of homeowners are reaching retirement still owing money on their houses. The share of Americans 65 and older with mortgage debt rose to 30% in 2011 from 22% in 2001. Loan balances have also increased, with the median amount owed climbing to $79,000 from $43,400 over the decade. (Bloomberg)

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Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.