ON AIR NOW

America's Morning News

4:00am - 5:00am

Contact
Business News


The Trump rally just keeps rolling. The numbers for February are in and the Dow added almost 4.8%, the S&P 500 climbed 3.7%, and the Nasdaq jumped 3.75%. It was the fourth month in a row all the indices moved higher. (CNBC)

Who said being President was not profitable? Penguin Random House is paying former President Barack Obama  and First Lady Michelle Obama, $65 million for two separately written memoir books.  That sets a new record for U.S. presidential memoirs. (FT)

Costco is expected to raise its membership fees by nearly 10% in the next couple of months. The fee hike could be announced Thursday along with the company's second-quarter earnings report.  The company recently increased its membership fees by 10% in Taiwan, Korea, Japan, Mexico, and the UK. (Business Insider)

Home-improvement retailer Lowe's quarterly profits jumped 34% to 86 cents per share.  That came on sales rising 16% to $15.8 billion. Same-store sales jumped 5.1%. (Investor Business Daily)

Best Buy, the No. 1 U.S. electronics retailer, reported a decline in holiday-quarter same-store sales. Best Buy's same stores sales fell 0.7% in the fourth quarter. Best Buy's net revenue fell 1% percent to $13.48 billion. (Reuters)

S&P 500 is up 17 and the NASDAQ is up 33. MSCI International Index is higher.

Oil is up 25 cents at $54.23 a barrel.

Gold is down $12 at $1242 a Troy ounce.

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)