Joe Pags

ON AIR NOW

Joe Pags

6:00pm - 9:00pm

Contact
Business News


The stock markets dramatic reversal yesterday from a gain of as much as 1.5% to big losses reflected the lack of conviction and confidence among investors as crude oil’s unabated slide stoked fears of global deflation. The steep downdraft came as the market was enjoying a rally underpinned by better-than-expected earnings from Alcoa, and hopes that ECB is close to providing quantitative easing. (CNBC)

JPMorgan Chase, the biggest U.S. bank, reported a 6.6% drop in quarterly profits, hit by legal costs of nearly $1 billion. The bank's profits fell to $4.93 billion in Q4 from $5.28 billion last year. Revenue fell 2.8% to $22.51 billion. (Reuters)

The National Federation of Independent Business’s small-business optimism index increased in December to its highest point since October 2006.

The gain in December was broad-based with the only subindex to decline was expected business conditions. It fell after a big November gain. (Wall Street Journal)

News
Traffic

 

 

  • NE 27th Street between NE Butler Market and Jill Avenue for roadwork related to roundabout construction, full road closure with detour, 4/13/20 - 7/27/20 
  • 15th Street between Knott Road and the new collector road for infrastructure installation, full closure of the roadway, 12/26/20 - 7/31/20 
  • Murphy Road between Brown Trout Place and Country Club Drive for roadwork related to Murphy Corridor project, bypass road constructed to provide Westbound/Eastbound traffic with minimal impacts to traffic, 4/17/20 - 06/12/20 

 

KBND ON FACEBOOK
 
FOLLOW US ON TWITTER