2 arrested in Seattle in Fed's first-ever crypto insider trading case

A former Coinbase product manager and his brother, along with a Houston man, were charged Thursday in what federal authorities described as the U.S. government’s first cryptocurrency insider trading case.

WA Supreme Court rules that trust lands are to fund schools

The Washington state Supreme Court on Thursday ruled the Department of Natural Resources must manage state trust lands for the financial benefit of schools and other institutions, rejecting a claim by environmental groups that such lands should be managed to benefit all residents.

Local doula in Burien offers free baby formula to Black families

A doula in downtown Burien is offering free baby formula to Black families across Washington state to help them during the nationwide shortage.

Washington Supreme Court to decide capital gains tax case

The Washington Supreme Court has agreed to review a decision by a lower court that overturned a new capital gains tax on high-profit stocks, bonds and other assets.

US inflation reached 9.1% in June, a new 40-year high

U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.

Inflation, expenses rise sharply as priorities for most Americans, poll finds

Most Americans expressed little confidence in Republicans and Democrats to focus on issues important to them or an ability to work together and get things done.

Washington the lone Democrat-controlled state not considering inflation tax rebate relief

Pressure is mounting on Gov. Jay Inslee and Democratic lawmakers in the state House and Senate to follow the lead of other Democratically-led states and provide meaningful tax relief in light of rising inflation.

Seattle, Tacoma rank among worst-run largest cities in U.S., study suggests

Tacoma and Seattle rank among the worst-run largest cities in the U.S., according to data from WalletHub. The report weighs the quality of city services—infrastructure, safety, economy, education, health—against the total budget per capita spent on them.

Washington state revenue forecast up $1.46 billion

Revenue projections for Washington state increased by about $1.46 billion more than expected through the current two-year budget period.

Seattle tax on big businesses upheld by state appeals court

An appellate court judge has upheld Seattle’s payroll tax, affirming a decision made in King County Superior Court last year.

Seattle facing $117 million revenue shortfall in 2023

Seattle is facing a projected $117 million gap between revenues and expected expenditures in 2023, and the city’s budget chief says there’s no easy way to bridge the gap.

Fed raises key interest rate in largest hike since 1994

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades.

Biden tells oil refiners: Produce more gas and diesel, fewer profits

In a draft letter to refiners, Biden said their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record-high gas prices.