Rush Limbaugh

ON AIR NOW

Rush Limbaugh

9:00am - 12:00pm

Contact
Business News


It’s the last trading day of August and then it is on to fall trading. U.S. stocks are higher this morning shrugging off concerns about the Ukraine. The S&P 500 is poised for its first four-week win streak of the year. (CNBC)

The July numbers on personal income and consumer spending show a 0.2% increase in income following a 0.4% rise in June, and a 0.1% decline in spending after June’s 0.4% increase. Both of these numbers were weaker than economists expected. (Associated Press)

U.S. home buyers signed more contracts to buy existing homes in July. Interest rates are lower than they were a year ago, price growth continues to moderate and total housing inventory is at its highest level since August 2012. Sales in the West rose 4.0% from June, but remain 6.0% below July 2013. (CNBC)

The Securities and Exchange Commission has launched a broad examination of alternative mutual funds, one of the hottest and most controversial investment products being offered to small investors. Alternative funds, describe a class of mutual funds that employ hedge-fund-like strategies, including betting on some stocks and against others, trading futures contracts and using derivatives to increase leverage. (Market Watch)

News
Traffic

 

 

  • Hwy 20, Santiam Pass, 1-mile East of Suttle Lake to ORE 22 junction, up to 20 min DELAYS, Paving and Striping. 9am-5pm through 10/17
  • NE 3rd Street between NE Greenwood Avenue and NE Franklin Avenue for Citywide Pedestrian Safety Improvements, periodic lane closures with local access, 9/16/19 - 10/25/19, night work from 10 p.m. - 10 a.m.
  • 61st St CLOSED between Young Ave & Canal Blvd as part of the “Six Corners” Improvement (through 11/8)
  • SE 3rd between Hwy 97 and Murphy Road CLOSED 8pm – 5am (8/25-10/18)

 

 

KBND ON FACEBOOK
 
FOLLOW US ON TWITTER