Recession fears rise after US economy shrinks for second straight quarter
The latest figures are raising fears that the nation may be approaching a recession.
The latest figures are raising fears that the nation may be approaching a recession.
Manchin says deal reached with Schumer on tax and climate bill
In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.
In a startling turnabout, Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached an expansive agreement that had eluded them for months on health care, energy and climate issues, taxes on higher earners and corporations and trimming the federal debt.
Fed hikes interest rate by 0.75 percentage points in bid to curb inflation
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
The Federal Reserve raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in its most aggressive drive in three decades to tame high inflation.
US new home sales drop to lowest level in 2 years
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
New single-family home purchases tumbled 8.1% to a seasonally adjusted annual rate of 590,000 units, the lowest level since April 2020.
Fed set to impose another big rate hike to fight inflation
Federal Reserve Chairman Jerome Powell Wednesday will address the Fed's plans to raise interest rates until inflation falls, even if it possibly slows economic growth.
Federal Reserve Chairman Jerome Powell Wednesday will address the Fed's plans to raise interest rates until inflation falls, even if it possibly slows economic growth.
Used cars costing consumers $10,000 more than 'normal' as inflation rages
It's a bad time for consumers looking to buy a used car.
It's a bad time for consumers looking to buy a used car.
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.
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.
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.
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.
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.
U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.
Costco raises prices on food court soft drinks, chicken bake
Wholesale retailer Costco reported June net sales of $22.78B.
Wholesale retailer Costco reported June net sales of $22.78B.
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.
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.
'We've done something about it': Biden touts rule which aims to rescue pensions for millions
President Joe Biden has used an Ohio visit to showcase federal action aimed at shoring up pensions for millions of workers.
President Joe Biden has used an Ohio visit to showcase federal action aimed at shoring up pensions for millions of workers.
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.
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.
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.
Revenue projections for Washington state increased by about $1.46 billion more than expected through the current two-year budget period.
Federal Reserve Chair Jerome Powell says rate hikes to be decided 'meeting by meeting'
Concerns are growing among some that the Federal Reserve may tighten credit so much that it may cause a potential recession.
Concerns are growing among some that the Federal Reserve may tighten credit so much that it may cause a potential recession.
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.
An appellate court judge has upheld Seattle’s payroll tax, affirming a decision made in King County Superior Court last year.
American Airlines ending service in three cities due to pilot shortage
American Airlines is ending service in three cities this fall in response to the industry-wide pilot shortage.
American Airlines is ending service in three cities this fall in response to the industry-wide pilot shortage.