Member Center:Create Account|Log InManage Account|Log Out HOMEContact KTTCABOUT USKTTC JobsShare photos and videos with usKTTC Viewer SurveyQuincify Digital AdvertisingAdvertiser ServicesNEWSMinnesota HeadlinesIowa HeadlinesHealth BeatThrowback Thursday Your MoneyLifestyleNewsCenter ExtrasLinksObituariesDownload the KTTC news appWEATHERKTTC Interactive RadarStormCenter Closings and DelaysTraffic & Road ConditionsSkycamsKTTC Weather BlogGet the KTTC Precision Weather appSign up for KTTC's new weather email SPORTSAthlete of the WeekWeekly Sports ScoresSLIDESHOWSVIDEORequest VideoTHINGS TO DOBring Back Clock Tower & Bell10 Who Make A Difference 2018Community CalendarContestsKTTC Pet of the WeekKTTC 'On the Road'KTTC Young LeadersMr. FoodBusiness SpotlightBirthday SpotlightGas BuddyWHAT'S ONHeroes & IconsProgram GuideNBC Programming State Farm cutting auto insurance rates in Minnesota Posted: Friday, April 20, 2018 8:39 AM EDT (KTTC) - If you have State Farm as your auto … [Read more...] about State Farm cutting auto insurance rates in Minnesota
Saving rate in us
Billionaire Isaac Larian is making a bid to save toy giant Toys R Us.Two weeks ago, some intrepid partiers set in on an abandoned Toys R Us location on Bull's Bridge Industrial Estate on Hayes Road, according to tweets from Hounslow MPS.The head of USA toy company MGA Entertainment Inc. revealed Friday that he has made a formal bid to acquire the Toys "R" Us stores in both Canada and the United States.Larian, CEO of privately held MGA Enterprises that makes the popular LOL Surprise dolls, said other toy companies initially were interested in joining the crowdfunding effort but backed down.Toys "R" Us, once the largest USA toy retailer, abandoned last month a plan to emerge from bankruptcy.Toys "R" Us has struggled with debt since private-equity firms Bain Capital, KKR & Co. and Vornado RealtyTrust took it private in a $6.6 billion buyout in 2005. "I am however very grateful that I get to be a part of such an awesome team and company where I can call the people I've worked with … [Read more...] about Billionaire Toy Tycoon Bids $890 Million To Save Toys “R” Us
Last Updated Jun 26, 2009 12:36 PM EDT The personal savings rate jumped to 6.9 percent in May, according to the Bureau of Economic Analysis. While there is much debate about how to accurately measure household savings, clearly people are spending less. The question is, are you actually saving more? It's one thing to stop spending, but it's another to have a strategy for the cash you aren't spending. Without a strategy, you'll likely find that your thrift hasn't translated into a higher net worth. What often happens is people cut back on spending, accumulate some cash and then end up spending it later. To make any meaningful difference in your finances, you've got to implement a practical and long term strategy for increasing your net worth. There are two basic ways to do it: pay down debt or add to your retirement accounts. Both approaches offer the opportunity to permanently and positively alter the course of your finances.Pay Down Debt. Since debt is the biggest challenge for many … [Read more...] about Personal Savings Rate Jumps: Did Yours?
Potential CBS mate (yes, again) sees revenue drop 8 percent Tony Maglio, provided by Published 4:10 am, Thursday, February 8, 2018 Image 1of/1 CaptionClose Image 1 of 1 Viacom Beats Q1 Earnings Forecast Despite Declines in US TV Ratings, Paramount’s Box Office 1 / 1 Back to Gallery Viacom outdid Wall Street’s first-quarter earnings expectations, but with declines in domestic TV ratings and at Paramount Pictures’ box office ticket sales, the company didn’t hit media analysts’ revenue mark. The street had forecast earnings per share (EPS) of 94 cents on $3.14 billion in revenue, per a Yahoo Finance-compiled consensus. Viacom actually earned an adjusted $1.03 per share on $3.07 billion in revenue. With the benefits of a big tax cut, Viacom reported nice net earnings growth and GAAP EPS of $1.33 per share. Thanks, government! Also Read: Viacom Begins Layoffs: Read CEO's Internal Memo to Staff Latest … [Read more...] about Viacom Beats Q1 Earnings Forecast Despite Declines in US TV Ratings, Paramount’s Box Office
0 View Comments WASHINGTON (AP) — Americans increased their spending 0.4 percent in December, a solid pace but slower than the big spending burst seen in November, while their saving rate fell to a more-than decade low. The Commerce Department said Monday the spending gain followed a 0.8 percent surge in November. Incomes were up 0.4 percent, helped by a healthy rise in wages that reflects the fact that unemployment is at a 17-year low of 4.1 percent. But the saving rate fell to 12-year low of 2.4 percent, the lowest level since a 2.3 percent rate in September 2005. The low level underscores the fact that wage gains have only recently started to rebound following years of weak gains. That has forced Americans to dip into their savings to support their higher spending. Recent declines in the saving rate probably also reflect the recent rise in net wealth that has been propelled by a surge in the stock market. Households tend to spend more and save less as their assets such … [Read more...] about US consumer spending up in December, while saving rate fell
A typical syringe costs about seven cents, but for Hansel Tookes, it's worth much more. For 13 months, the University of Miami doctor and medical professor and a team of staffers have been exchanging used needles for clean ones as part of a five-year pilot program in Miami-Dade County to cut down on the spread of HIV, hepatitis C and other blood-borne diseases among drug users. Each syringe is more than just pennies: It's one less opportunity to spread disease and one less chance to injure someone who might come across discarded needles in the street, Tookes says. It also means one more opportunity to work with hundreds of drug users who might not otherwise get access to the program's life-saving overdose reversal drugs or substance abuse counseling. Amid a ballooning opioid crisis across the state, advocates in areas including Tampa and Palm Beach County want similar programs. But the same 2016 law that created Miami-Dade's test run underscores a reality for the rest of the state: … [Read more...] about This needle-exchange program is saving lives in Miami-Dade. Now it could be coming to Tampa Bay.
DENVER (AP) — Donny Moore can be the most reviled man in NFL locker rooms. He’s not a coach, a referee or a drug tester. He has never played or coached a game. Still, NFL players — and millions of fans — can’t wait to see what he has to say. Moore is the “ratings czar” for “Madden NFL,” the man responsible for making sure the popular video game’s virtual avatars accurately reflect their real-life counterparts. Moore uses all sorts of metrics and measurements to come up with ratings. Then, he tweaks the numbers weekly after watching all the games and pondering feedback from fans and even the players themselves. Sometimes aging stars first recognize their careers are on the downslopes when the new Madden game arrives in August and their ratings have slipped. They’ll let Moore know they disagree, often using Twitter or even sending him a YouTube video. “It’s usually more tongue-in-cheek versus … [Read more...] about Meet the man who sets the player ratings in EA Sports’ Madden NFL games
The unemployment rate in the West jumped over 10 percent last month, the first time that regional threshold has been broken in about 25 years. On the state level, eight set record-highs and only two - Nebraska and Vermont - did not report increases.The Labor Department reported Friday that 48 states and the District of Columbia saw employment conditions deteriorate last month. The fallout from the longest recession since World War II, was the worst in Michigan as automakers cut tens of thousands of jobs. Its unemployment rate rose to 14.1 percent.The West region reported the highest jobless rate at 10.1 percent. The last time any region had a rate of at least 10 percent was September 1983, when the country was emerging from a severe recession.The region is home to California, where the jobless rate jumped to a record 11.5 percent last month, Nevada, where it's a record 11.3 percent, and other states that have been slammed when the housing boom went bust - snatching jobs and wealth.The … [Read more...] about Jobless rate in Western US tops ten percent
As the debate over a $700 billion bank bailout rages on in Washington, one of the nation's largest banks — Washington Mutual Inc. — has collapsed under the weight of its enormous bad bets on the mortgage market. The Federal Deposit Insurance Corp. seized WaMu on Thursday, and then sold the thrift's banking assets to JPMorgan Chase & Co. for $1.9 billion. RELATED: CHASE PLEDGES BUSINESS AS USUAL FOR WAMU CUSTOMERSSeattle-based WaMu, which was founded in 1889, is the largest bank to fail by far in the country's history. Its $307 billion in assets eclipse the $40 billion of Continental Illinois National Bank, which failed in 1984, and the $32 billion of IndyMac, which the government seized in July. RELATED: WILL WAMU CUSTOMERS ACCEPT CHASE?One positive is that the sale of WaMu's assets to JPMorgan Chase prevents the thrift's collapse from depleting the FDIC's insurance fund. But that detail is likely to give only marginal solace to Americans facing tighter lending … [Read more...] about JPMorgan Chase to buy Washington Mutual assets, after largest bank failure in US history