KBND Logo

 

On Air Now

KBND Morning News
ON AIR NOW
KBND Morning News
5:00am - 9:00am
Contact

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Listen to Heather Roberts, Jay Reese, Troy Reinhart and daCount weekdays on the KBND Morning News!
Business News


Tax day was a wild one for equity markets as prices went from high too low and back too high again.  Volatility is back after what seemed like a long absence. (CNBC)  

While we slept China posted better than expected GDP growth of 7.4% during the first quarter of the year.  That number is slightly lower than the 7.7% to end 2014 but shows their economy is not falling apart. (Fox Business News)

Bank of America lost $514 million last quarter as litigation by the Fed’s over mortgage issues took a big bite out of the bottom-line.  Last year the nation’s second largest bank posted a $1.1 billion profit. (Reuters)

PC sales totaled 73.4 million during the first three months of 2014, down 4.4% from last year. That could have a big impact on Oregon’s largest employer, Intel, whose chips dominate the PC market.  Intel is projecting its third straight year of flat sales in 2014. (Oregon Live)

Now that that your taxes are in the mail we can assess the damage.  The top 1% of wage earners will pay an average tax bill of $525,231 up $36,000 from last year.  The top 1% will pay over 53% of all federal taxes in 2014. (CNBC)
 

 

Traffic & Weather

 

 

 

King Solomon Lane closed between Ferguson Road and King David. (7/25)

 

Jones Road closed between Butler Market Road and Bennington Lane. (8/18)

 

Round-About Construction:

 

Murphy Road and Parrell Road closed with detours. (9/30)

 

Powell Butte Highway at Neff and Alfalfa Market Roads (8/31)

 
LinkedUpRadio Envisionwise Web Services