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Hyak avalanche damages homes

Hyak avalanche damages homesHYAK, Wash. (AP) -- Kittitas County authorities are evacuating homes in the Hyak area after an avalanche of mud and snow damaged several homes just east of Snoqualmie Pass....

Oil prices fall under $US43

Oil prices fall under $US43OIL prices fell overnight after a much larger than expected energy stockpile buildup in the United States, the world's biggest crude consuming nation.

Dollar weaker as commodities slump

Dollar weaker as commodities slumpTHE dollar has opened 1.73 per cent lower as data showing the US jobs market is weakening further caused equities on Wall Street to slump.

Learning the lessons of corruption

Learning the lessons of corruptionDaniel Kaufmann of the Brookings institution in Washington discusses the Madoff fraud and larger issues of corruption and regulation with Reuters Jen Rogers.

Dollar outlook for 2009

Dollar outlook for 2009Steven Johnson, Reuters foreign exchange correspondent, discusses the recent dollar rally and the outlook for 2009 with Jen Rogers.

Officials ask Orting residents to evacuate

Officials ask Orting residents to evacuateORTING, Wash. (AP) -- Emergency officials are asking residents of Orting to evacuate because of the fast-rising flood waters. Pierce County sheriff's spokesman Ed Troyer told KOMO Radio that fire trucks are driving through town with speakers urging people to leave....

Stocks skid on jobs data and techs

Stocks skid on jobs data and techsNEW YORK (Reuters) - Stocks tumbled on Wednesday in their worst decline in more than a month after a grim private-sector jobs report coupled with a revenue warning from chip maker Intel Corp revived concerns about the economy.

Budget deficit to hit $1.2 trillion in FY2009

Budget deficit to hit $1.2 trillion in FY2009WASHINGTON (Reuters) - The U.S. budget deficit will swell to a record $1.186 trillion in fiscal 2009, congressional forecasters said on Wednesday, presenting President-elect Barack Obama with a daunting economic challenge.

GM, Chrysler, credit unions expand loans

GM, Chrysler, credit unions expand loansGeneral Motors and Chrysler say they’re both expanding deals that offer low-cost loans and special pricing incentives to credit union members to all 50 states.

U.S. says Madoff sent diamonds in violation of bail

U.S. says Madoff sent diamonds in violation of bailNEW YORK (Reuters) - One of the packages accused swindler Bernard Madoff sent in violation of a court order contained about 13 watches, a diamond necklace and other valuables worth more than $1 million, prosecutors said in court papers released on Wednesday.

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