ON AIR NOW

America's Morning News

4:00am - 5:00am

Contact
Business News


The S&P 500, Dow Jones, the Nasdaq and the small cap Russell 2000 hit their all-time peaks simultaneously yesterday for the first time since December 31, 1999. This comes as companies ended a five-quarter profit growth decline.  (Bloomberg)

Since Trumps election, the average 30-year fixed rate home loan has risen roughly 0.5%.  That puts this November as one of the four worst months in more than a decade.  A 30-year fixed rate now stands at 4.125%. (Mortgage Daily News)

The fallout from their scandal of opening two million fraudulent accounts to increase sales continues.    Wells Fargo has been hit with new management restrictions by the Office of the Comptroller of the Currency. The bank is now required to get approval before making some business decisions or giving out executive severance packages. (Zacks)

Jack In The Box reported a quarterly profit of $32 million.  The burger chain posted sales of $398.4 million. Jack In The Box shares are up 33% in 2016. (AP)   

Hormel, makers of Spam and Skippy peanut butter have sold its Farmer John and Saag's Specialty Meats brands to Smithfield Foods for $145 million in cash. (WSJ)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.

Hide Comments

Traffic

 

 

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

 

  • North 3rd St >< Division and O.B. Riley Rd, single lane N-Bound (6/15-8/30)
  • South 3rd St >< Wilson and Reed Ln, single lane closures South Bound 5a-2p (8/30)
  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.
  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)
  • Butler Market East-bound lane closed E of 4th St. for sewer construction. (12/17)