Money Matters (December 12, 2012)
Posted: 7:28 AM Today in money matters, we're getting down to the wire for buying those Christmas presents.
Posted: 7:28 AM Today in money matters, we're getting down to the wire for buying those Christmas presents.
Posted: 11:25 AM Arizona Lottery officials have released the name of the man who claimed half of the record Powerball jackpot.
Updated: 8:11 PM Congress and the White House can significantly soften the initial impact of the "fiscal cliff" even if they fail to reach a compromise by Dec. 31. One thing they cannot control, however, is the financial markets' reaction, which possibly could be a panicky sell-off that triggers economic reversals worldwide.
Posted: 8:37 AM Lottery officials say revenue from the Kansas Star Casino's first 10 months in operation has exceeded the revenue earned by the two other casinos in Kansas in about the same period.
Posted: 3:00 PM
Posted: 8:36 AM A measure of U.S. home prices rose 6.3 percent in October compared with a year ago, the largest yearly gain since July 2006. The jump adds to signs of a comeback in the once-battered housing market.
Posted: 9:01 AM A better economy and havoc from Superstorm Sandy kept auto sales brisk in November.
Updated: 11:18 AM Lottery officials say a 52-year-old mechanic from northwest Missouri holds one of the two tickets matching all six numbers in the record $588 million Powerball jackpot.
Posted: 8:55 AM U.S. stock futures are relatively flat after a government report showing that consumers cut back on spending last month with no growth in personal income.
Updated: 3:10 PM Six tickets sold in the state are each worth $10,000, matching four of the first five numbers plus the Powerball.
Updated: 2:09 PM The mammoth jackpot in Wednesday night's Powerball drawing is proving irresistible to thousands of hopeful Kansans.
Updated: 2:25 PM President Barack Obama says he believes that members of both parties can reach a framework on a debt-cutting deal before Christmas.
Posted: 10:12 AM Microsoft is trying to skewer Google as a lousy holiday shopping guide in its latest attempt to divert more traffic to its Bing search engine.
Posted: 9:22 AM U.S. sales of new homes fell slightly in October and the September sales pace was slower than initially thought.
Posted: 1:39 PM Federal law enforcement authorities have announced the seizure of 132 domain names in several countries to stop them from selling counterfeit merchandise online.
Updated: 2:27 PM The Dow Jones industrial average fell 85 points to 12,925 shortly after the opening bell Monday.
Posted: 10:56 AM Despite the flood around the holidays, annual catalog circulation by retailers has actually dipped substantially because of a postage increase, a weak economy and more shoppers making purchases online.
Posted: 9:40 AM The cash-strapped U.S. Postal Service is moving aggressively this holiday season to start a premium service for the Internet shopper seeking the instant gratification of a store purchase: same-day delivery.
Updated: 2:27 PM Put down that turkey leg. It's time to shop. No, really.
Posted: 3:28 PM Stocks are finishing higher in a quiet pre-Thanksgiving trading session.
Posted: 9:55 AM Federal safety regulators are investigating older BMW R-Series motorcycles for gasoline leaks that could cause fires.
Updated: 8:53 PM A Dora the Explorer guitar, dragster cars with small wheels and finger-fidget desktop magnets are among the toys consumer advocates are warning about as the holiday buying season begins.
Posted: 8:42 AM U.S. builders started construction last month on the most single-family homes and apartments since July 2008, more evidence that the housing recovery is gaining momentum.
Updated: 10:54 PM Southwest made the announcement Monday morning.
Posted: 9:31 AM An analysis of consumer-credit data shows that Americans are carrying more credit card debt and being less diligent about making payments on time.