• Oil industry donating to Rauner's campaign

    Updated: Thu, Aug 28, 2014

    SPRINGFIELD, Ill. (AP) — Oil producers, drilling companies and geologists frustrated with the slow process of implementing rules for high-volume oil and gas drilling are putting their money behind Republican candidate for governor Bruce Rauner. The Springfield bureau of Lee Enterprises reports (http://bit.ly/VTmlkn ) that the Winnetka businessman received nearly $240,000 from oil company officials looking to get the process up and running during a July 9 fundraiser in Mt. Vernon. Most of those funds come from companies who want the permit process to be up and running as soon as possible. Democratic Gov.

  • Workers cheer restored Market Basket CEO

    Updated: Thu, Aug 28, 2014

    BOSTON (AP) — As Arthur T. Demoulas made a triumphant return Thursday to lead the Market Basket supermarket chain, it was the words of his employees that summed up their fierce loyalty to him that led to a remarkable workers' revolt that nearly crippled the New England chain but eventually put him back on top. "We did it for you!" one employee yelled back at Demoulas as he addressed a crowd of supporters outside the company's headquarters. "We love you!" shouted another. It was a moment few thought would happen six weeks ago, when employees walked off their jobs after Demoulas was fired. Not only did the workers stick together, but customers soon followed by boycotting the stores in solidarity.

  • Listing of the Week: 2804 SE 39, Moore

    Published: Sat, Aug 16, 2014

    The 1,824-square-foot house has three bedrooms, two baths, one living room, two dining areas and an attached three-car garage.

  • U.S. job openings in June hit 13-year high

    By JOSH BOAK, AP Economics Writer | Published: Wed, Aug 13, 2014

    U.S. employers in June advertised the most monthly job openings in more than 13 years.

  • Fake $100 bills eluded Secret Service because of their quality

    By Del Quentin Wilber, Bloomberg News | Published: Wed, Aug 13, 2014

    Agents describe ring as sophisticated, saying the counterfeiters appeared close to mimicking the latest currency security features, including 3D ribbons.

  • What information is needed for Supplemental Security Income claim?

    Social Security Q&A: What information do I need for SSI? | Published: Sun, Aug 10, 2014

    What information do I need for SSI claim?

  • Boeing share price could gain altitude

    Published: Sun, Aug 10, 2014

    Malcolm Berko recommends buying Boeing stocks. This 99-year-old company has a backlog of $453 billion, which is about five years’ worth of future revenues. And those revenues are expected to rise about 8 percent annually.

  • Orange juice prices squeezed; wheat grows

    Published: Sat, Aug 9, 2014

    Wheat prices rise on uncertainty in Ukraine, where wheat crop finds itself in war zone.

  • Reel in excess back-to-school spending with these five tips

    By ALEX VEIGA, Associated Press | Published: Sat, Aug 9, 2014

    Students may not be thrilled about their summer break drawing to a close, but retailers couldn’t be happier. That’s because back-to-school shopping traditionally brings in a windfall that’s second only to the December holiday season. The average family with kids in kindergarten through 12th grade will spend $669.28 on clothes, electronics and other school-related needs this back-to-school season, according to a survey by the National Retail Federation. That amounts to a 5 percent increase from last year. To help gin up sales, many stores roll out discounts and some states even get in on the act, offering sales tax holidays for clothing, backpacks, even computers. Hit the stores without a plan, and you

  • Oil boom, housing bust alter U.S. spending trends

    FROM STAFF AND WIRE REPORTS | Published: Fri, Aug 8, 2014

    Oklahomans spend the least, per person, on food, according to new government figures.

  • Bank of America may settle for as much as $17 billion

    By ERIC TUCKER and JOSH BOAK, Associated Press | Published: Thu, Aug 7, 2014

    Bank of America is nearing a settlement for $16 billion to $17 billion to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, The Associated Press has learned.

  • U.S. trade gap falls to lowest level in 5 months

    By CHRISTOPHER S. RUGABER, Associated Press | Published: Wed, Aug 6, 2014

    The U.S. trade deficit fell in June to its lowest level since January as imports dropped sharply, led by lower shipments of cellphones, petroleum, and cars.

  • Oklahoman columnist offers finance tips during vacation of a lifetime to Italy

    By Paula Burkes, Business Writer | Published: Wed, Aug 6, 2014

    Forty-five years after she dreamed of it, Oklahoman columnist Paula Burkes toured Rome, Florence and Italy last month.

  • Wealth gap seen as slowing U.S. recovery

    By JOSH BOAK, Associated Press | Published: Wed, Aug 6, 2014

    Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great Recession. Now, an analysis by the rating agency Standard & Poor’s lends its weight to the argument: The widening gap between the wealthiest Americans and everyone else has made the economy more prone to boom-bust cycles and slowed the 5-year-old recovery from the recession.

  • Rates on U.S. Treasury bills fall at weekly auction

    Published: Tue, Aug 5, 2014

    The Treasury Department auctioned $28 billion in three-month bills at a discount rate of 0.025 percent, down from 0.030 percent last week.

  • Affordable housing draws middle class to inland cities, like Oklahoma City

    Published: Mon, Aug 4, 2014

    OKLAHOMA CITY — The country’s fastest-growing cities are now those where housing is more affordable than average, a decisive reversal from the early years of the millennium, when easy credit allowed cities to grow without regard to housing cost and when the fastest-growing cities had housing that was less affordable than the national average, says The New York Times. Rising rents and the difficulty of securing a mortgage on the coasts have proved a boon to inland cities that offer the middle class a firmer footing and an easier life. In the eternal competition among urban centers, the shift has produced some new winners. Oklahoma City, for example, has outpaced most other cities in growth since 2011, becoming the 12th-fastest-growing city last year. It has also won over a coveted demographic, young adults age 25 to 34, going from a net loss of millennials to a net gain. Other affordable cities that have jumped in the growth rankings include several in Texas, including El Paso and San Antonio, as well as Columbus, Ohio, and Little Rock, Ark.

  • U.S. job growth slows but tops 200K for a sixth month

    By CHRISTOPHER S. RUGABER, Associated Press | Published: Sat, Aug 2, 2014

    Employers added 209,000 jobs last month. Though that was fewer than in the previous three months, the economy has now produced an average 244,000 jobs a month since February — the best six-month string in eight years.

  • Southwest Airlines ends partnership with SeaWorld

    By MIKE SCHNEIDER, Associated Press | Published: Thu, Jul 31, 2014

    Southwest Airlines and SeaWorld Entertainment will end their 25-year-old marketing partnership after their contract expires. The airline had been urged by animal rights activists to terminate the relationship.

  • Analysts say U.S. economy gaining new vigor

    By MARTIN CRUTSINGER, Associated Press | Published: Thu, Jul 31, 2014

    Analysts say the economy has been showing new strength Wednesday after the government estimated it grew at a fast 4 percent annual rate in the April-June quarter. The government also said growth was more robust last year than it had previously estimated.

  • U.S. judge fines Bank of America

    By KEN SWEET , AP Markets Writer | Published: Thu, Jul 31, 2014

    In brief BOA nets $1.3B fine NEW YORK — A federal judge imposed a $1.3 billion civil penalty against Bank of America on Wednesday for its role in selling risky mortgages to Fannie Mae and Freddie Mac that were advertised as safe investments. The fine was against Countrywide Financial, which Bank of America purchased in 2008 as the financial crisis was unfolding. It is the latest legal ruling against Wall Street. A jury found in October 2013 that BofA was liable for Countrywide’s role in selling risky loans to the government housing agencies through a program nicknamed the “Hustle” from August 2007 to May 2008. The jury found the executives misrepresented the mortgages being sold.