WHSV - Money

More Than 2M Can Use Va's Free Online Tax Filing
Last Updated: 10:56 AM 02/07/12 - Gov. Bob McDonnell says more than 2 million low- to moderate-income Virginia taxpayers can use the state's free online program to prepare and file their state and federal returns electronically.
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Report: 21 Percent of Va Residents Lack Nest Egg
Last Updated: 1:11 PM 02/06/12 - A nonprofit group says one in five Virginia residents have almost no savings or other assets to weather a financial crisis.
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Report: Virginia College Tuition Outpaces Income
Last Updated: 2:40 PM 01/31/12 - Tuition and fees at Virginia's colleges and universities are outpacing the rise in family incomes, and administrative costs also are rising faster than instructional spending.
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McDonnell Takes $99,000 in Travel, Gifts in 2011
Last Updated: 2:03 PM 01/30/12 - Gov. Bob McDonnell reported more than $43,000 worth of travel underwritten last year by taxpayers pursuing his administration's priority, economic development.
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Va. Exports Holstein Bulls to Russia
Last Updated: 11:02 AM 01/24/12 - Virginia has embarked on a new frontier in its ever-expanding agricultural export program, sending the first direct export of Holstein bulls to Russia.
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Gas Prices Up in Va., Will Continue to Increase Through 2012
Last Updated: 10:34 AM 01/16/12 - Virginia motorists are paying more at the gas pump and prices are expected to rise.
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State Grant Put to Use in Shenandoah County
Last Updated: 10:59 AM 01/05/12 - Shenandoah County has been chosen as one of twenty counties in Virginia to get a grant helping to bring in and keep more volunteers.
Public Hearings Set on Va Budget
Last Updated: 11:32 AM 01/03/12 - Virginia residents are getting an opportunity to review and comment on Gov. Bob McDonnell's proposed two-year state budget.
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W.Va. Marks Start of 2012 with $56M in Tax Cuts
Last Updated: 7:02 PM 01/02/12 - West Virginia consumers and businesses can expect to save a combined $56 million in state taxes this year, thanks to several new rate cuts.
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Va. Lottery Raffle Ticket Availability Limited
Last Updated: 12:17 AM 12/30/11 - Virginia Lottery officials less than a third of the tickets for the New Year's Millionaire Raffle are still for sale.
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$4 A Gallon in 2012? Financial Advisor Says Its A Real Possibility
Last Updated: 1:57 PM 12/29/11 - A local financial advisor says recent developments in Iran will likely cause gas prices to rise.
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Survey: Home Prices Down in Most Major US Cities
Last Updated: 10:42 AM 12/27/11 - U.S. home prices fell in most major cities for the second straight month, further evidence that the housing recovery will be bumpy.
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Va Drivers Wrongly Charged Under Insurance Law
Last Updated: 4:45 PM 12/26/11 - Virginia motorists are being ticketed and convicted of a violation that is not a crime under state law: driving without proof of insurance.
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Public Hearings Set on Va Budget
Last Updated: 9:58 AM 12/26/11 - Virginia residents are getting an opportunity to review and comment on Gov. Bob McDonnell's proposed two-year state budget. The House Appropriations and Senate Finance Committees of the Virginia General Assembly will hold regional public hearings on the proposed state budget in the beginning of January.
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Amazon Setting Up Shop in Virginia
Last Updated: 12:09 PM 12/22/11 - Online retailer Amazon plans to invest $135 million in two distribution centers in Virginia that will employ 1,350 people.
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Obama Pushes Boehner to Pass Tax Cut Extension
Last Updated: 12:07 PM 12/22/11 - President Barack Obama has told House Speaker John Boehner he is committed to starting work immediately on a full-year extension of payroll tax cuts if the House passes a short-term compromise.
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W.Va. Enters Holidays with Lower Gas Prices
Last Updated: 12:03 PM 12/22/11 - West Virginia motorists are getting an early Christmas gift. Gas prices in the state are down 3 cents compared to last week.
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SCC OKs $11.3M Rate Hike for Virginia Natural Gas
Last Updated: 6:49 PM 12/21/11 - State regulators have approved an agreement that cuts a rate increase sought by Virginia Natural Gas by more than half.
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Virginia Unemployment Rate Falls for November
Last Updated: 12:03 PM 12/20/11 - Virginia's unemployment rate fell for the second straight month in November as the state added 5,100 jobs over the month.
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Dulles Rail Advisory Committee Meets
Last Updated: 10:35 AM 12/20/11 - State and county leaders will get an update on the cost the first phase of the multi-billion Silver Line project to extend Metrorail through Tysons Corner and eventually to Dulles Airport and Loudoun County.
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New Budget Cuts Health, School Inflation Allowance
Last Updated: 6:43 AM 12/20/11 - Gov. Bob McDonnell's new budget isn't winning any friends in public education.
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McDonnell Proposes Budget Cuts, No Tax Increases
Last Updated: 10:31 AM 12/19/11 - The budget Gov. Bob McDonnell introduced Monday takes nearly $800 million largely from inflation adjustments for health care and school support programs, guts his predecessor's prekindergarten program, and reassigns money to Virginia's underfunded public pension plan, higher education and economic development.
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Gov's Proposes Bonus for Va. State Workers
Last Updated: 8:59 AM 12/16/11 - Gov. Bob McDonnell is proposing a 3 percent bonus for state employees in December 2012.
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Gov's Budget to Include $2.2B for Pension System
Last Updated: 11:28 PM 12/15/11 - Gov. Bob McDonnell is proposing a $2.2 billion state infusion of cash into Virginia's critically underfunded public employee pension system.
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Payroll Tax May Affect Your Wallet
Last Updated: 8:32 AM 12/21/11 - A tax cut you're enjoying right now may come to an end, if Congress can't break a stalemate by January 1st. The House rejected a plan Tuesday to extend the payroll tax cut.
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Two Va. Companies Announce Layoffs; One Adding Jobs
Last Updated: 12:59 PM 12/14/11 - Two companies in Virginia are announcing cuts and closings that will result in job losses, while another is announcing an expansion and new jobs.
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Leaders Block Quick Senate Vote on Payroll Tax
Last Updated: 10:41 AM 12/14/11 - The Senate has wrapped itself into a partisan tangle over its year-end tax and spending business.
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Gov't on Pace to Run Budget Deficit Below $1T
Last Updated: 2:52 PM 12/12/11 - The federal government is on pace to run a deficit below $1 trillion for the first time in four years, modest progress in the face of intense debate in Washington over spending.
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Plan to Boost Employment for Disabled Workers
Last Updated: 6:34 PM 12/08/11 - The Obama administration wants to use the power of government purchasing to help increase the number of disabled people in the workforce.
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Va Workers' Compensation Premiums OK'd
Last Updated: 11:08 AM 12/08/11 - The Virginia State Corporation Commission has approved adjustments in premiums charged for workers' compensation insurance.
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Valley Organizations Awarded Thousands in Tourism Grants
Last Updated: 10:53 AM 12/08/11 - Cities and towns across the Shenandoah Valley received grants for various organizations from the Virginia Tourism Corporation (VTC).
Martinsville Keeps Top Jobless Rate in October
Last Updated: 6:45 PM 12/06/11 - The city of Martinsville's jobless rate remained the highest in Virginia in October.
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Low-Income Families Will Be Hit Hard If No Tax Deal Is Reached
Last Updated: 1:20 PM 12/02/11 - If Congress can't reach a deal to extend payroll tax cuts this month, low-income families in particular could be hit the hardest.
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Lipitor Drug Goes Generic, Pfizer Manuevers to Shield Sales
Last Updated: 10:40 AM 11/30/11 - Pfizer is getting creative to preserve Lipitor's billions in sales as the cholesterol drug gets generic competition in the U.S. market.
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Senator Asks West Virginians to Buy State-Made Gifts
Last Updated: 5:47 PM 11/29/11 - U.S. Sen. Jay Rockefeller is asking West Virginians to buy local when they go shopping for holiday gifts.
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McDonnell to End 2 Va Agencies, Merge Dozens of Boards
Last Updated: 2:31 PM 11/29/11 - Gov. Bob McDonnell says he will eliminate two state agencies and 19 boards and commissions and consolidate more than two dozen more through mergers as part of his two-year government reform initiative.
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Va Gets $2.1M for Storm-Damaged Roads, Bridges
Last Updated: 10:53 AM 11/29/11 - Virginia is getting federal help to pay for repairing roads and bridges damaged by Hurricane Irene and Tropical Storm Lee.
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Fitch Keeps AAA US Credit Rating But Dims Outlook
Last Updated: 5:09 PM 11/28/11 - Fitch says it will keep its rating for long-term U.S. debt at the top AAA level, despite a congressional panel's failure to agree on long-term deficit cuts. But it is lowering its outlook to negative.
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Staying Safe on Cyber Monday
Last Updated: 7:05 AM 11/28/11 - Cyber Monday will be the busiest day of the year for online shopping. It's also a big day for thieves who will try to steal your financial information.
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W.Va. PSC Rejects Bluefield Gas Rate Hike
Last Updated: 5:05 PM 11/24/11 - State regulators have denied Bluefield Gas' request to raise rates by 6.89 percent.
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Winchester Company 'American Woodmark' Reports Quarterly Loss
Last Updated: 2:27 PM 11/22/11 - Cabinetmaker American Woodmark Corp. says it lost money in its second fiscal quarter as higher material and fuel costs offset increased sales.
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Va Unemployment Rate Falls to 6.4 Pct in October
Last Updated: 11:11 AM 11/22/11 - Virginia's unemployment rate fell slightly in October after three months of increases as the state added 14,000 jobs over the month.
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Supercommittee Fails to Make Deal to Cut Back Trillions in Spending
Last Updated: 7:41 AM 11/22/11 - The bipartisan leadership of a special congressional deficit supercommittee has officially announced that the panel has failed to reach an agreement.
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Congress May Try Blocking Cuts if Debt Panel Fails
Last Updated: 12:34 PM 11/21/11 - Failure by Congress' debt-cutting supercommittee to recommend $1.2 trillion in savings by Wednesday is supposed to automatically trigger spending cuts in the same amount to accomplish that job.
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Va Looks to Grow Ag Exports to India
Last Updated: 10:19 AM 11/21/11 - Gov. Bob McDonnell hopes a new initiative will increase agricultural and forestry product exports from Virginia to India.
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Exporting Plans Could Mean Good News for Valley Farmers
Last Updated: 3:58 PM 11/17/11 - Local farming officials say poultry products in particular could see an increase in deliveries to other countries, and Valley farmers could benefit.
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Stocks Sink After Fitch Warns on US Bank Exposure
Last Updated: 4:36 PM 11/16/11 - Stocks are closing sharply lower after Fitch Ratings put out a report saying U.S. banks could take a big hit if Europe's debt crisis spreads.
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State Offers Guide for Buying VA-grown Christmas Trees
Last Updated: 4:27 PM 11/16/11 - State agricultural officials have released a guide for finding Christmas trees grown in Virginia. It includes information on Christmas tree farms across the state and lists them by city or county.
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USDA: Funding Cut Could Kill Meat Industry Reforms
Last Updated: 6:22 PM 11/15/11 - The U.S. Department of Agriculture says it will drop some sweeping reforms proposed for the meat industry if Congress cuts money for enforcing the changes.
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Fed Loans Available for Tropical Storm Lee Victims
Last Updated: 10:28 AM 11/15/11 - Gov. Bob McDonnell says low-interest federal loans are available to help individuals and businesses in several northern Virginia localities recover from Tropical Storm Lee.
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