More Headlines

House GOP Passes Latest Anti-Regulation Bill

Posted: 07/26/2012 - The Republican-led House has passed legislation that would freeze major government regulations until the unemployment rate, now at 8.2 percent, drops to 6 percent or below.

Read More

U.S. Jobless Claims Drop By 35,000

Posted: 07/26/2012 - The number of Americans applying for unemployment benefits dropped by 35,000 last week, a figure that may have been distorted by seasonal factors.

Read More

Rate On 30-Year Mortgage Hits New Record Low

Posted: 07/26/2012 - The average rate on the 30-year fixed mortgage fell again, this time dropping below 3.50 percent for the first time on records dating back 60 years.

Read More

Sprint Loss Widens, But Revenue Beats Estimates

Posted: 07/26/2012 - Sprint Nextel's loss widened in the second quarter as the country's third-largest wireless carrier wrote down the value of its moribund Nextel network.

Read More

Senate Ready For Symbolic Showdown On Tax Cuts

Posted: 07/25/2012 - Senate leaders have reversed course and decided to stage showdown votes on rival Democratic and Republican plans for extending broad tax cuts next year that will otherwise expire in January.

Read More

US New-Home Sales Fall To 5-Month Low

Posted: 07/25/2012 - Americans bought fewer new homes in June after sales jumped to a two-year high in May. The steep decline suggests a weaker job market could make the housing recovery slow and uneven.

Read More

Gas Prices Up Eleven Cents In July

Posted: 07/19/2012 - Since the start of July, the average price at the pump has risen 11 cents, with a gallon of regular gas now averaging $3.44.

Read More

Mortgage Rates Fall Below Three Percent

Posted: 07/19/2012 - Average rates on fixed mortgages fell again to record lows, creating more incentive for buyers to enter the recovering housing market.

Read More

Capital One Repays Consumers To End Card Probe

Posted: 07/18/2012 - Capital One Bank is paying $165 million to settle charges that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring.

Read More

U.S. Congress Conducting Rate-Fixing Inquiries

Posted: 07/10/2012 - Two congressional committees are raising questions about what U.S. regulators knew concerning allegations that a key global interest rate was being manipulated.

Read More

NYC Asking Developers To Test Tiny Apartments

Posted: 07/09/2012 - Mayor Michael Bloomberg is inviting developers to propose ways to turn a city lot into a building filled mostly with micro-units of no more than 300 square feet.

Read More

AT&T Drops Legal Fight Over Man's $1M Bill

Updated: 07/09/2012 - A Massachusetts businessman says someone hacked into his small manufacturing company's phone system in 2009 and made nearly $900,000 in calls to Somalia

Read More

Retailers Accuse Pfizer Of Delaying Generic Drugs

Posted: 07/06/2012 - Five large drug and grocery chains are suing Pfizer Inc. and a second drugmaker, alleging they conspired to delay sales of cheap generic versions of the blockbuster cholesterol drug Lipitor.

Read More

Oil Down To Near $85

Posted: 07/06/2012 - Oil fell below $86 a barrel Friday as concerns over the global economy dominated trading.

Read More

Report: Countrywide Won Influence With Discounts

Posted: 07/05/2012 - The former Countrywide Financial Corp., whose subprime loans helped start the nation's foreclosure crisis, made hundreds of discount loans to buy influence with members of Congress, congressional staff, top government officials and executives of troubled mortgage giant Fannie Mae, according to a House report.

Read More

IMF: U.S. Must Avoid Big Tax Jump, Spending Cuts

Posted: 07/03/2012 - U.S. lawmakers must work quickly to avoid sharp tax increases and spending cuts that could throw the economy into recession next year, an international lending organization said Tuesday.

Read More
KAKE TV 1500 N. West Street Wichita, KS 67203-1323 (316) 943-4221
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability
Gray Television, Inc.