http://www.kjct8.com/-/163252/14268262/-/itckql/-/index.html en-US © 2011 Internet Broadcasting Systems, Inc. Home Home en-US © 2011 Internet Broadcasting Systems, Inc. http://www.kjct8.com/news/money/Tornado-victims-may-face-long-haul-with-insurers/-/194312/20250114/-/q7wqmcz/-/index.html The tornado that struck the Moore, Okla., area Monday afternoon left an almost 2-mile wide path of destruction, flattening homes and businesses and taking at least 24 lives. Thu, 23 May 2013 09:41:33 GMT 20250114 2013-05-23T09:41:33Z http://www.kjct8.com/news/money/Tesla-repays-federal-loan-nearly-10-years-early/-/194312/20260708/-/r585i6z/-/index.html Tesla Motors announced Wednesday that it has repaid a $465 million loan from the government nearly a decade before it was scheduled to do so. Thu, 23 May 2013 09:31:04 GMT 20260708 2013-05-23T09:31:04Z http://www.kjct8.com/news/money/Stocks-slip-as-Fed-sends-mixed-message/-/194312/20252558/-/o8sdaj/-/index.html After touching new all-time highs earlier Wednesday, the Dow and S&P 500 ended firmly in the red as investors wrestled with mixed messages from the Federal Reserve. The Dow Jones industrial average fell 0.5% while the S&P 500 lost 0.8%. The Nasdaq san... Wed, 22 May 2013 20:27:12 GMT 20252558 2013-05-22T20:27:12Z http://www.kjct8.com/news/money/How-Tesla-s-rivals-support-Tesla/-/194312/20232516/-/oxdlrrz/-/index.html Upstart electric car maker Tesla Motors is receiving a huge windfall from an unlikely source: competing automakers. Wed, 22 May 2013 20:06:28 GMT 20232516 2013-05-22T20:06:28Z http://www.kjct8.com/news/money/Bernanke-warns-against-hitting-the-brakes-too-soon/-/194312/20253034/-/v0dspqz/-/index.html The U.S. economy is on stronger footing than a year ago, but Ben Bernanke wants to be careful not to squelch the recovery now. "A premature tightening of monetary policy could lead interest rates to rise temporarily, but would also carry a substantial... Wed, 22 May 2013 18:24:43 GMT 20253034 2013-05-22T18:24:43Z http://www.kjct8.com/news/money/Vatican-moves-to-clean-up-finances/-/194312/20256252/-/10cdq3sz/-/index.html Pope Emeritus Benedict had made cleaning up the Vatican's reputation for shady money a top priority, and Pope Francis is continuing the effort. Wed, 22 May 2013 18:19:31 GMT 20256252 2013-05-22T18:19:31Z http://www.kjct8.com/news/money/Crowdfunding-sites-raise-thousands-for-Oklahoma-victims/-/194312/20250150/-/8ex0ju/-/index.html Crowdfunding websites are seeing donations pour in following the deadly tornado that ravaged Moore, Okla. More than a dozen separate campaigns popped up on crowdfunding site, Fundly, less than 24 hours after the tornado swept through the Oklahoma Cit... Wed, 22 May 2013 16:36:08 GMT 20250150 2013-05-22T16:36:08Z http://www.kjct8.com/news/money/Home-sales-continue-to-climb/-/194312/20253632/-/rmk5spz/-/index.html Home sales continued to climb in April, according to the latest reading on the housing recovery from an industry trade group. Wed, 22 May 2013 14:47:19 GMT 20253632 2013-05-22T14:47:19Z http://www.kjct8.com/news/money/Apple-grilled-about-tax-havens/-/194312/20236938/-/gcr4g6/-/index.html Apple executives defended the company's tax strategy on Capitol Hill Tuesday, claiming that it pays one of the highest effective tax rates of any major corporation. Wed, 22 May 2013 14:27:32 GMT 20236938 2013-05-22T14:27:32Z http://www.kjct8.com/news/money/data-huge-disparity-in-medicare-payment-rates/-/194312/20250098/-/adrflw/-/index.html Get a hip replaced at Olympia Medical Center in Los Angeles, and Medicare will pay the small, doctor-owned hospital $15,585, or about 13% of what Olympia charged in the bills it submitted. Wed, 22 May 2013 13:26:00 GMT 20250098 2013-05-22T13:26:00Z http://www.kjct8.com/news/money/Pet-shelters-tractors-Companies-donate-more-than-cash-for-tornado-relief/-/194312/20250120/-/15gylw8z/-/index.html It's common for companies to make big cash donations after a disaster. But following Monday's tornado in Oklahoma City, several firms are going beyond writing a check, offering help through the use of their equipment, staff, buildings and other in-kind donations. Wed, 22 May 2013 13:01:56 GMT 20250120 2013-05-22T13:01:56Z http://www.kjct8.com/news/money/Stocks-end-at-record-highs-ahead-of-Bernanke/-/194312/20234774/-/3s74nwz/-/index.html Investors pushed stocks higher into record territory Tuesday after comments from a Federal Reserve official raised hopes the central bank will continue to pump money into the financial system. Wed, 22 May 2013 10:23:34 GMT 20234774 2013-05-22T10:23:34Z http://www.kjct8.com/news/money/-Grandparent-scams-steal-thousands-from-seniors/-/194312/20250142/-/8uvq49z/-/index.html Across the country, law enforcement officials are warning seniors to beware of so-called "grandparent scams," in which fraudsters are impersonating a grandchild in distress -- and begging for cash. Wed, 22 May 2013 09:46:30 GMT 20250142 2013-05-22T09:46:30Z http://www.kjct8.com/news/money/Auto-plants-skipping-summer-shutdowns/-/194312/20258388/-/5sohft/-/index.html Many U.S. auto workers won't be getting as much summer break time this year -- and are probably pretty happy about it. Wed, 22 May 2013 09:43:44 GMT 20258388 2013-05-22T09:43:44Z http://www.kjct8.com/by-the-numbers-internal-revenue-service/-/163252/20184458/-/147epld/-/index.html The controversy over the extra scrutiny the Internal Revenue Service imposed on some conservative groups seeking tax-exempt status could take a new turn Wednesday when IRS official Lois Lerner is expected to assert her Fifth Amendment right against s... Wed, 22 May 2013 00:26:19 GMT 20184458 2013-05-22T00:26:19Z http://www.kjct8.com/news/money/FEMA-offers-aid-to-tornado-victims/-/194312/20241006/-/llt262/-/index.html The Federal Emergency Management Agency announced a series of aid programs available to tornado victims who live in one of the Oklahoma counties declared a disaster area by President Obama. Tue, 21 May 2013 20:52:49 GMT 20241006 2013-05-21T20:52:49Z http://www.kjct8.com/news/money/JPMorgan-s-Dimon-wins-by-a-landslide/-/194312/20237070/-/col2olz/-/index.html Once again Jamie Dimon sailed above his detractors, but JPMorgan's board didn't fare as well. One of the most highly anticipated shareholder meetings of 2013 came and went with Dimon seemingly even more entrenched in his roles as chairman and CEO afte... Tue, 21 May 2013 19:31:06 GMT 20237070 2013-05-21T19:31:06Z http://www.kjct8.com/news/money/africanamericans-more-financially-confident-but-underserved/-/194312/20237306/-/lydhpy/-/index.html While the average African-American is feeling more financially secure, many still feel neglected by the financial industry, new research shows. Tue, 21 May 2013 18:01:04 GMT 20237306 2013-05-21T18:01:04Z http://www.kjct8.com/news/money/Make-30-an-hour-no-bachelor-s-degree-required/-/194312/20232868/-/9svr58/-/index.html No college degree? No problem. Become a Web developer. Tue, 21 May 2013 16:10:57 GMT 20232868 2013-05-21T16:10:57Z http://www.kjct8.com/news/money/Seniors-losing-savings-to-pension-advance-firms/-/194312/20233100/-/13d0lriz/-/index.html Federal and state officials are looking into so-called "pension advances," deals they say are digging retirees and military veterans deep into debt, while also putting individual investors at risk. The advances, in which retirees sign away a portion o... Tue, 21 May 2013 16:08:23 GMT 20233100 2013-05-21T16:08:23Z