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Shelton, WA

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  • Inclement Weather Makes A Long Night For PUD3 Linemen

    PUD3 2014JAfter a full day of rainfall which totaled over an inch-and-a-half, and included wind gusts over 30MPH, some areas of Mason County were left in the dark.  Rainwater soaked delicate electrical equipment, and sent flooded-out critters scrambling up power lines to escape the wet. Linemen for Mason PUD3 were themselves… Read More +

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  • Police Monitor Bellevue Mall Protest; No Arrests

    die-inPolice kept a close eye on about 30 people who staged a protest inside the Bellevue Square Mall during a busy holiday shopping time Saturday, but made no arrests. The group protested the recent killings of unarmed black men by police. They chanted and staged a "die-in" in the mall's center courtyard.

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  • Oregon State Rolls Past Depaul

    sports3Victor Robbins scored a career-high 27 points as Oregon State dominated DePaul 90-59 on Thursday night. Olaf Schaftenaar added a career-high 21 points and Gary Payton II had 15 points and five steals for the Beavers (8-2). Jamee Crockett had 14 points for the Blue Demons (6-4). Schaftenaar scored 11 of the Beavers' first 13 points to give Oregon State a 13-6 lead at the 15:47 mark. A Robbins 3-pointer stretched the margin to 42-21 with 3:23 remaining in the half.

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Fed Sparks Broad Losses on Wall Street

b_250_0_16777215_00_images_obgrabber_2014-01_a9a1cad704.jpgiStock/Thinkstock (NEW YORK) -- When the head of the Federal Reserve speaks, the markets listen. Stocks tanked on what they heard from the Central Bank this time. The Dow Jones Industrial Average closed down 190 points Monday, after trading down by more than 200 points. The blue chips index finished the session at 15,738.79. The Nasdaq Composite gave up 47 points to close at 4,051.43. The S&P 500 lost 18 points for the session, ending at 1,774.20.

The Central Bank has decided to continue to taper its economic stimulus programs by an additional $10 billion dollars as the economy continues to improve.  The bond-buying had helped push stocks to record levels last year.

It was Ben Bernanke's last official act as Fed chairman.  Janet Yellen will take over as chairwoman on Saturday.

Shares of Facebook are up close to 7 percent in after-hours trading after reporting better-than-expected earnings.
 
In 2013, the social network earned $7.87 billion, an increase of 55 percent year-over-year. Net income for the year was $1.50 billion. The company reported that for December 2013, an average of 757 million daily active users (DAUs) logged on to Facebook, an increase of 22 percent year-over-year. Mobile DAUs were 556 million on average for December 2013, an increase of 49 percent year-over-year. Mobile MAUs were 945 million as of December 31, 2013, an increase of 39 percent year-over-year.

Copyright 2014 ABC News Radio

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