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MONEY / FINANCE

Money

Ford issues recall for 850,000 vehicles

Money

Why gas prices could drop below $3 a gallon

Money

Palmer farm growing a new generation of farmers

Money

'Accepting PFDs now!' deals and your credit

Money

Division of Insurance approves health plan rate hikes

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  • Money

    Ford issues recall for 850,000 vehicles

    by CBS/AP on Sep 26, 17:54

    Last Updated Sep 26, 2014 1:48 PM EDT The Ford Motor Company (F) is recalling approximately 850,000 vehicles due to a potential issue with the restraints control module. The company said in a press release Friday the recall affects some 2013-14 Ford C-Max, Ford Fusion, Ford Escape and Lincoln MKZ models. Ford said the module can experience […]

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    Why gas prices could drop below $3 a gallon

    by Bruce Kennedy/CBS News on Sep 25, 17:57

    Don’t look now, but there’s good possibility the average price for a gallon of gasoline in the U.S. might drop below the $3 threshold in the near future. AAA reports the average national price for a gallon of regular unleaded gas fell for 16 straight days earlier this month, with the average price as of Monday […]

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    Palmer farm growing a new generation of farmers

    by Lauren Maxwell on Sep 19, 19:47

    At Spring Creek Farm in Palmer they’re growing more than just beautiful vegetables. The farm – owned by Alaska Pacific University – is trying to grow a new generation of farmers. Getting more people interested in understanding how to grow their own food is particularly important for Alaskans, according to Farm Educator Joshua Faller. “I […]

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    ‘Accepting PFDs now!’ deals and your credit

    by on Sep 19, 8:09

    In a less than a month, qualifying Alaskans will have an extra $1,884 to spend and local businesses are working to cash in on that windfall now. In lieu of this, finance experts are cautioning consumers against instant gratification that could result in long-term credit problems. While the 2014 Permanent Fund Dividend amount was just […]

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    Division of Insurance approves health plan rate hikes

    by Associated Press on Sep 08, 12:52

    The state Division of Insurance has approved rate increases of up to 39 percent for individuals who bought health insurance plans on the federally run online marketplace. For individuals receiving federal subsidies to help pay their premiums, any increases are expected to be largely offset, according to division director Lori Wing-Heier. She says about 10,000 […]

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    In Anchorage, July employment numbers lowest in years

    by Sierra Starks on Aug 26, 15:33

    Anchorage’s unemployment rate has fallen to 5.1 percent, according to the latest report released by the Anchorage Economic Development Corporation Tuesday. With unemployment down half a percent from June’s revised rate, Anchorage remains well below the national rate of 6.5 percent and the statewide rate of 6.1 percent. “Anchorage unemployment last month was at the lowest […]

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    Federal data outlines spending in Alaska, Hawaii

    by Associated Press on Aug 07, 15:01

    Remember the tag lines at the end of restaurant commercials that say the food advertised might be higher in Alaska or Hawaii? New government data proves it is. The U.S. Bureau of Economic Analysis on Thursday released data showing spending by the average in each of the 50 states from 1997 to 2012, including how […]

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    Low-wage workers could be hit hardest by national sales tax

    by Kate McPherson on Aug 01, 7:09

    Paying more for what we consume is a tough sell, but 75 House Republicans and nine Republican senators are backing a bill that would implement a national sales tax. If signed into law, the Fair Tax Act 2013 sets the sales tax rate at 23 percent in 2015 and repeals the income and employment tax. It […]

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    Should you buy a protection plan for your electronics?

    by Ray Martin / CBS News on Jul 17, 12:44

    Most of us have either lost or damaged a phone, or know someone who has. This can be more disruptive than ever given that we use our smartphones and tablets for email, social networking, banking, shopping and even to control home security systems and appliances. With so much of our lives connected through these electronic gadgets, […]

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    Remington to replace triggers on some rifles

    by Associated Press on Jul 10, 14:43

    The gun manufacturer Remington Arms Co. will replace trigger mechanisms on Model 700 bolt-action hunting rifles, or provide economic relief for purchasers, as part of a settlement of class-action lawsuits. Remington announced the agreement Thursday. Suits filed in Missouri and Washington state claimed the rifle has a defective trigger mechanism that can cause injury and […]

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    Could we benefit from a four-day workweek?

    by Kim Peterson / MoneyWatch on Jul 10, 10:44

    Why don’t more bosses implement a four-day workweek? Doctors, executives and human resource experts say it would be great for the American workforce. People would have more time to see the dentist, hang out with their children and get errands done. Workers would be happier, and morale would improve. Instead, much of America is still […]

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    Sunshine helps Anchorage farmers’ markets flourish

    by Shannon Ballard on Jul 06, 10:28

    The sun was shining bright Saturday in Anchorage, making it a perfect day to get outside and attend the local farmers’ markets. Farming has always been in Kyla Dinkel’s roots. And the farmers’ market is where she has always spent her summers. “We do nine markets a week as a family,” Dinkel said. “I have […]

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    Don’t use your 401(k) as a piggy bank

    by Ray Martin / CBS News on Jun 30, 22:14

    During the housing boom earlier this century, when folks were strapped for cash they often borrowed against their homes. But since the financial crisis of 2008, it’s a lot harder to tap into the value of your home. Now many people are turning to another source of quick cash — their own 401(k) fund. According […]

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    The toughest places to live in America

    by Aimee Picchi/CBS News on Jun 28, 8:15

    Almost every county in the U.S. has its share of haves and have-nots. But there are some regions where it’s just plain harder for Americans to thrive, places where the poor far outnumber those living in middle-class comfort. Ten counties in America stand out as the most challenging places to live, based on a survey […]

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    BBB warns of rental scams

    by KTVA CBS 11 News on Jun 16, 9:25

    When it comes to rental properties, scams are an unfortunate but common reality. According to the Better Business Bureau, there are several things potential renters can do to avoid losing money. “You need to contact a legitimate agencies, ones that have been around,” said Michelle Tabler, the bureau’s Alaska Regional Manager. “You want to go […]

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    This town boasts the priciest real estate in U.S.

    by Aimee Picchi/CBS News on Jun 10, 12:45

    Chances are, if asked to name the most expensive real estate markets in the U.S., you might answer Beverly Hills, New York City’s Upper East Side or Palm Beach, Florida. While those markets remain among the country’s highest priced, there’s one small California town that’s now ranked above the tried-and-true outposts of America’s high earners. […]

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    Port wouldn’t reduce high costs in Western Alaska

    by Associated Press on Jun 10, 8:09

    A deep water port wouldn’t significantly reduce the high cost of living in Western Alaska or create jobs unless the oil and gas industry commits to the port as a main base. KNOM reports (http://is.gd/WbM26C) these are the findings of a study by the Bering Straits Native Corp. on a proposed deep water port at […]

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    H&M plans Dimond Center store

    by KTVA CBS 11 News on Jun 07, 10:42

    Another major retail chain is coming to Alaska. Representatives from the Dimond Center announced H&M is making plans to set up shop on two floors in the southeast corner of the mall. The Municipality of Anchorage’s Planning and Zoning Commission is considering a $4.2 million renovation proposal at an upcoming meeting. If the plans are […]

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    Bass Pro Shop readies for opening day

    by Lauren Maxwell on Jun 04, 19:39

    One of Alaska’s newest retail giants is getting set to open its doors in the Mountain View neighborhood. Opening day was pushed back more than once for the Bass Pro Shop, but the store is finally set to open on July 9. The 80,000-square-foot store has a boating department as well as an emphasis on […]

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    Most Americans struggle to save for retirement

    by Alain Sherter/CBS News on Jun 04, 12:48

    The idea of retirement in the U.S. often conjures up images of fit seniors strolling along the beach, enjoying a leisurely round of golf or perhaps sharing a meal in an exotic locale. For most people, however, the reality is far less glamorous. Seven of 10 Americans who haven’t retired yet find it hard to […]