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  • Reclamation Ridge Brush Fire

    fire ridge1Monday, July 28, 2014 around 3:15pm Central Mason Fire & EMS was toned for the report of a small 4 X 4 ft. brush fire on Reclamation Ridge behind Lakeland Village in Allyn, WA. Upon arrival crews found an approximate… Read More +

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  • Robbers Hit 5 Banks In 8 Days

    cop lights dayAuthorities are looking for a trio of robbers they say have hit five banks in eight days this month in Pierce and south King counties. The Tacoma News Tribune reports Tuesday that three men are in their 20's. The… Read More +

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  • Galaxy 3-0 Win Over Sounders

    Sounders logoLandon Donovan assisted on Gyasi Zardes' goal in the eighth minute, then scored off a rebound 10 minutes later and led the Los Angeles Galaxy to an impressive 3-0 win over the Seattle Sounders on Monday night. Donovan and the Galaxy won for the fourth time in six matches and handed the Western Conference-leading Sounders one of their worst home MLS losses in franchise history.

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US Markets Boosted by Home Prices

b_250_0_16777215_00_images_obgrabber_2013-10_ecf032c302.jpgiStock/Thinkstock (NEW YORK) -- A robust report on home prices helped drive the markets to new records Tuesday. The Dow Jones Industrial Average closed up 112 points at 15,683 -- an all-time high. The Nasdaq Composite added 10 points for the day, finishing at a 13-year high of 3,952. The S&P 500 rose 10 points to a new high of 1,777.

The latest S&P/Case Shiller index shows home prices surged nearly 13 percent in August.  That's the biggest increase since February of 2006, when home prices hit their peak.  

Federal Reserve policymakers have begun their latest meeting, and investors are expecting they'll extend the Fed's aggressive economic stimulus program after the government shutdown that's rattled consumer confidence and possibly crimped growth.  

The latest Conference Board's report says confidence in the economy is sagging. Its index dropped to 71.2 this month, down from 80.2 in September.

A sharp drop in auto sales, caused mainly by a calendar quirk, lowered U.S. retail spending last month.  Labor Day weekend sales were considered part of the August numbers.

Copyright 2013 ABC News Radio

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