KBND Logo

 

On Air Now

Lars Larson
ON AIR NOW
Lars Larson
6:00pm - 9:00pm
Contact

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Business News


Our government may seem currently dysfunctional, but we lead the world in creating millionaires.  A report shows 1.7 million of the 1.8 million new millionaires added to that rank in the last year came from the US.  The US now boost 13.2 million millionaires, 42% of the world’s total.  The American Dream is still alive. (Credit-Suisse Report)

The second-largest US oil company, Chevron, is warning third quarter earnings will be “significantly lower” due to a squeeze on refining margins. They project refining margins will continue to be under pressure. (Reuters)

The trend continues. Global PC shipments dropped like a rock, down 9%, year-over-year in the third quarter. That is the lowest shipment volume since 2008. Shipments have declined for the last 6 quarters. (Gartner)

US foreclosures are down 33% from a year ago as US lenders completed 48,000 actions in August.  Currently 1.9 million homes are at risk of foreclosure and already in the process.   About 5.3% of mortgages are 90 days or more delinquent, the lowest since December of 2008. (Corelogic)

 

Traffic & Weather

  • Brookswood Blvd CLOSED >< Pinebrook and Lodgepole Dr. (5/14 - 9/4)
  • Skyline Ranch Road CLOSED behind Summit High School (4/22 - 7/22)
  • Brosterhous Road CLOSED between Windsor Drive and Knott Road  (4/27 - 6/1)
 
LinkedUpRadio Envisionwise Web Services