KKCO - Money

Gas Prices on the Rise
Last Updated: 5:40 PM 06/15/09 - If you are thinking about taking a road trip this summer you might need to reevaluate how much it will cost you. Monday marked the 48th day in a row that gas prices went up.
0 Comments
Valley Investments Under Fire
Last Updated: 4:51 PM 05/22/09 - We're uncovering details about a probe into Valley Investments in Grand Junction.
0 Comments
Grand Junction Woman's Home Sold Out from Under Her
Last Updated: 6:30 PM 05/20/09 - Only on 11 News--A Grand Junction woman's house sold right out from under her and the mortgage company's attorneys admit they messed up.
1 Comment
April retail sales disappointing
Last Updated: 7:11 AM 05/13/09 - The government is reporting disappointing retail sales figures for April.
0 Comments
Leading economic indicators dip more than expected
Last Updated: 7:55 AM 04/20/09 - A private sector group's Index of Leading Economic Indicators fell more than expected in March.
0 Comments
Stocks continue slide as leading indicators fall
Last Updated: 7:51 AM 04/20/09 - Stocks are still sliding following a conference board report that its March Index of Leading Economic Indicators has fallen 0.3 percent.
0 Comments
Mini Rallies Against Taxes Slated Today
Last Updated: 9:04 AM 04/15/09 - Today is the income tax filing deadline and some people are marking the day with protests.
0 Comments
Update: Wall Street Set for Modestly Lower Open
Last Updated: 9:01 AM 04/15/09 - Wall Street is heading for a modestly lower opening amid fresh signs the economy is still struggling.
0 Comments
New: Consumer Prices Dip Unexpectedly in March
Last Updated: 8:47 AM 04/15/09 - Consumer prices dipped unexpectedly in March, leaving inflation over the last year falling at the fastest clip in more than a half-century.
Gasoline Expected to Remain Cheap this Summer
Last Updated: 8:52 PM 04/14/09 - Despite the dismal economy, motorists may want to take to the road this summer. The federal government says gasoline prices are expected to stay relatively low.
0 Comments
Governor: Michigan `Can Live with' GM Bankruptcy
Last Updated: 8:38 AM 04/14/09 - Michigan's Governor says talk about General Motors Corp. declaring bankruptcy “is unhealthy” but says such a filing is something the state “can live with” if it strengthens the automaker.
0 Comments
Update: Stocks Headed for Mostly Lower Open
Last Updated: 8:06 AM 04/14/09 - Wall Street appears headed for a mostly lower open after disappointing March retail sales figures and a surprising drop in inflation.
0 Comments
New: Bernanke Sees 'Tentative Signs' of Improvement
Last Updated: 8:00 AM 04/14/09 - Federal Reserve Chairman Ben Bernanke says there have been flickering signs that the recession may be easing.
0 Comments
Gas Prices Climb 10 Cents over Past Three Weeks
Last Updated: 9:10 AM 04/13/09 - The U.S. price of gasoline increased nearly 10 cents a gallon during the past three weeks, but remains well below year-ago prices.
0 Comments
New: Trade Deficit Falls for Seventh Straight Month
Last Updated: 8:58 AM 04/09/09 - The government says the U.S. trade deficit plunged unexpectedly in February to the lowest level in more than nine years as the steep recession pushed imports down for a seventh straight month while U.S. exports managed a small rebound.
0 Comments
New: New Jobless Claims Fall More Than Expected
Last Updated: 8:50 AM 04/09/09 - New jobless claims fell more than expected last week, while those continuing to receive unemployment insurance set a record for the 11th straight week.
0 Comments
Some Hopeful Signs in Retail Sales Numbers
Last Updated: 8:46 AM 04/09/09 - Even though retailers are still shopping cautiously, there are some signs that the slump in consumer spending is stabilizing.
0 Comments
International Stock Rally Continues
Last Updated: 8:59 AM 04/06/09 - As the world stock market rally continues today, analysts warn that unexpectedly bleak economic data could quickly deflate confidence.
Mortgage Rates at Record Low for 2nd Week
Last Updated: 8:09 AM 04/03/09 - Rates on 30-year mortgages have fallen for the second consecutive week and remain at the lowest level on record.
0 Comments
Layoffs Rise Despite Hope Recession is Easing
Last Updated: 8:05 AM 04/03/09 - Employers are laying off workers at a faster pace.
0 Comments
Is the Rally Real?
Last Updated: 7:50 AM 04/03/09 - Wall Street is riding a winning streak into the end of the trading week, but opinions vary on whether it's real.
House, Senate Poised to Adopt Pared-Back Budget
Last Updated: 8:37 AM 04/02/09 - Democrats in the House and Senate are on track to give President Barack Obama a key victory by adopting slightly pared-back versions of his $3.6 trillion budget.
0 Comments
New Jobless Claims Jump Unexpectedly to 669K
Last Updated: 7:39 AM 04/02/09 - The number of people filing new jobless claims rose unexpectedly last week, while those continuing to receive benefits hit a record for 10th straight week.
0 Comments
Update: Stocks Begin 2nd Quarter with a Drop
Last Updated: 8:01 AM 04/01/09 - After the Dow Jones Industrials' worst first quarter in 70 years, Wall Street is starting the second three months of the year with a sharp drop.
0 Comments
Obama Presses for Action on Global Economy
Last Updated: 7:41 AM 04/01/09 - President Barack Obama has been trying to rally world leaders to fix the global economy. Ahead of the G-20 summit of nations, he's pushing to restore confidence among the world's consumers and unity among its leaders. He says, “we can only meet this challenge together.”
0 Comments
Stock Futures Rise after Yesterday's Plunge
Last Updated: 8:07 AM 03/31/09 - Wall Street is set to resume its rise on hopes that it will get more budding signs of economic recovery.
0 Comments
Tennessee Senator Raps Obama for Aggressive Intervention in Auto Industry
Last Updated: 8:02 AM 03/31/09 - Senate Republican whose state is home to auto manufacturing plants says the Obama administration's aggressive intervention in the industry sets “a very dangerous precedent.”
0 Comments
International Stock Market Tumble
Last Updated: 8:34 AM 03/30/09 - There's a big tumble today in international stock markets with Hong Kong's key index sinking nearly 5 percent. European shares also opened lower.
0 Comments
Japanese Automakers Worry for GM
Last Updated: 8:20 AM 03/30/09 - Japanese automakers are worried about what might happen to General Motors and Toyota's President says he thinks GM should be kept in business.
0 Comments
Obama Plans to Announce Government Backing for GM, Chrysler Warranties
Last Updated: 8:15 AM 03/30/09 - General Motors and Chrysler haven't convinced the White House they're worthy of more federal bailout money.
0 Comments
Michigan Governor Says Wagoner was 'Sacrificial Lamb'
Last Updated: 8:09 AM 03/30/09 - The Governor of Michigan says Rick Wagoner, the General Motors Chairman and CEO forced out of his job in the Obama administration's final effort to revive the ailing U.S. auto industry, is a “sacrificial lamb.”
0 Comments
Obama to Meet with Top Bankers
Last Updated: 7:43 AM 03/27/09 - President Barack Obama hears from the chief executives of some of the country's biggest banks today.
0 Comments
Update: Stocks Point to Lower Open after Mixed Economic Data
Last Updated: 7:37 AM 03/27/09 - Wall Street is set to pare this week's huge gains as data showed a rise in personal spending but a decline in incomes last month.
0 Comments
New: Consumer Spending up for Second Straight Month
Last Updated: 7:32 AM 03/27/09 - The government says consumers increased spending for a second straight month in February even though their incomes slipped due to continuing massive layoffs.
0 Comments
Senate Committee Expected to Back Obama Plan
Last Updated: 7:54 AM 03/26/09 - The Senate Budget Committee is poised to follow its house counterpart today and adopt president Barack Obama's budget plan.
0 Comments
Geithner Outlining Regulatory Reform
Last Updated: 7:49 AM 03/26/09 - Treasury Secretary Timothy Geithner is scheduled to be back on Capitol Hill this morning to outline the administration's proposed overhaul of financial regulations.
0 Comments
Update: Stock Futures Still Higher
Last Updated: 7:45 AM 03/26/09 - Stock futures are paring their gains following the readings on the nation's economic output and weekly unemployment claims.
0 Comments
New: Total Jobless Benefit Rolls Top 5.5 Million
Last Updated: 7:40 AM 03/26/09 - The government says initial jobless benefit claims rose slightly last week while the number of people continuing to claim benefits set a record for the ninth straight week.
0 Comments
Economy Dips at Slightly Faster Pace
Last Updated: 7:33 AM 03/26/09 - The economy shrank at a 6.3 percent pace at the end of 2008, the worst showing in a quarter-century, as recession-battered Americans reined in spending. It probably isn't doing much better now.
0 Comments
Cantor Says Obama Budget 'Out of the Mainstream'
Last Updated: 7:45 AM 03/25/09 - A leading House Republican is charging that President Barack Obama is pushing a federal budget so far out of the mainstream that even Congressional Democrats are struggling with it.
0 Comments
Asia Rallies, Europe Mixed
Last Updated: 8:07 AM 03/24/09 - Asian stock markets extended a rally on the heels of yesterday's surge on Wall Street. European stocks were mixed in early trading.
0 Comments
Stocks Point Lower after Stocks Surge
Last Updated: 8:03 AM 03/24/09 - Stocks are pointing lower a day after stocks surged by the biggest amount since October.
0 Comments
White House: People Eyeing Long-Term Recovery
Last Updated: 7:57 AM 03/24/09 - President Barack Obama's top spokesman says the administration ultimately will be judged on whether it can restore sustained economic growth, not on the daily gyrations of Wall Street.
0 Comments
Report on Home Sales Due
Last Updated: 8:11 AM 03/23/09 - It's time to recheck the feeble housing industry's vital signs.
0 Comments
Obama Questions Constitutionality of House Bonus Recovery Bill
Last Updated: 9:54 AM 03/23/09 - Congress may be moving to recoup the AIG bonuses, but the effort could run into trouble at the White House.
0 Comments
Stocks Point Sharply Higher Ahead of Bank Plan
Last Updated: 7:52 AM 03/23/09 - Stocks are pointing to a sharply higher open as investors await details of a government plan to help banks remove as much as $1 trillion in bad assets from their books.
0 Comments
Administration Unveils New Bank Rescue Effort
Last Updated: 7:44 AM 03/23/09 - The Obama Administration says it hopes a new bank rescue initiative will generate $500 billion in purchasing power to buy up toxic assets and get them off the books of the nation's banks.
0 Comments
Former AIG Head Denies He Started Exec Bonuses
Last Updated: 7:45 AM 03/20/09 - The former head of insurance giant AIG is asserting that the company under his leadership did not have the type of executive bonus system that has come under harsh criticism across the country.
0 Comments
Federal Appeals Court to Hear Madoff Jail Argument
Last Updated: 7:46 AM 03/19/09 - Bernard Madoff's lawyers are set to make their case this morning for why Bernard Madoff should released on bail until his June sentencing.
0 Comments
Congress to Vote on Tax of AIG Bonuses
Last Updated: 7:41 AM 03/19/09 - House Democrats say executives who got big bonuses while their companies took billions in bailouts should get a visit from the taxman.
0 Comments