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  • Astros Beat Seattle 5-2

    mariners logo5Collin McHugh struck out a career-high 12 in his season debut, and Jason Castro, Chris Carter and Matt Dominguez homered to lift the Houston Astros to a 5-2 win over the Seattle Mariners on Tuesday night. McHugh (1-0), called up from Triple-A Oklahoma City for the start, struck out the first three batters of the game to set the tone for his first win in 10 career starts.

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Gap Between Interest Rates and Savings Rates Widens

b_250_0_16777215_00_images_obgrabber_2013-08_178a8b15b1.jpgHemera/Thinkstock (NEW YORK) -- The cost of a 30-year fixed rate home loan has jumped from 3.5 percent in February to about 4.7 percent in the past three months.  But the gap between the rate banks charge borrowers and what savers get is growing. "While it has become more expensive to borrow money, when it comes to actually growing wealth there's still no opportunity there in terms of interest rates offered," says Casey Bond of gobankingrates.com.

People who rely on bank savings accounts are getting virtually no return.

"Right now the average interest rate on say a savings account in the U.S. is 0.11 percent," says Bond.  

That's well below the rate of inflation.

Copyright 2013 ABC News Radio

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wspd2pio
wspd2pio - has minor damage and there are no injuries. The two car collision that she originally responded to has minor injuries.

5 hours ago

wspd2pio
wspd2pio - The trooper was responding to a blocking disabled while also en route to a two car collision. Serious multi-tasking! The trooper's car...

5 hours ago

wspd2pio
wspd2pio - The first vehicle hit the trooper's car after being hit by the car that fled the scene. Second time in three nights that a WSP car was hit.

5 hours ago

wspd2pio
wspd2pio - Update: it appears the first vehicle was slowing as it approached the trooper and was struck by another car which fled the scene.

5 hours ago

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