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.
Native American woman being appointed US treasurer, a historic first
The first Native American is set to be nominated for U.S. treasurer, which oversees the U.S. Mint.
The first Native American is set to be nominated for U.S. treasurer, which oversees the U.S. Mint.
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.
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.
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.
US Treasury Secretary Janet Yellen says recession is not inevitable
She also discussed Sunday an openness to lowering the federal gas tax to give drivers some relief at the pump.
She also discussed Sunday an openness to lowering the federal gas tax to give drivers some relief at the pump.
100 million Americans carry medical debt with some owing more than $10K, poll finds
Some people say they have medical debt they owe to a relative or friend for a loan they received to pay a medical or dental bill.
Some people say they have medical debt they owe to a relative or friend for a loan they received to pay a medical or dental bill.
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.
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.
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.
What makes a bear market? Wall Street term explained
Wall Street is back in the claws of a bear market amid worries about inflation and higher interest rates. Here are answers to some common questions about bear markets.
Wall Street is back in the claws of a bear market amid worries about inflation and higher interest rates. Here are answers to some common questions about bear markets.
These electric vehicles are cheaper to own than gas ones now
Building electric vehicles is expensive, which is why their prices are high, and it's mostly about the batteries.
Building electric vehicles is expensive, which is why their prices are high, and it's mostly about the batteries.
Bitcoin, other cryptocurrencies collapse, major crypto lender Celsius Network halts operations
Bitcoin and other cryptocurrencies were collapsing in price Monday, after the major crypto lender Celsius halted all withdrawals citing “extreme market conditions."
Bitcoin and other cryptocurrencies were collapsing in price Monday, after the major crypto lender Celsius halted all withdrawals citing “extreme market conditions."
Average gas price in US jumped nearly 40 cents in recent weeks
The average price at the pump is nearly $2 higher than it was one year ago.
The average price at the pump is nearly $2 higher than it was one year ago.
Biden blames pandemic, Putin as high US inflation persists
In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.
In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.
Out-of-gas calls on the rise, AAA says
In April alone, AAA received 50,787 calls from stranded drivers.
In April alone, AAA received 50,787 calls from stranded drivers.
US inflation hit 8.6% in May, a new 40-year high
Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
No, you're not imagining it — package sizes are shrinking, here's why
Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.
Shrinkflation isn’t new, experts say. But it increases during times of high inflation as companies grapple with high costs for ingredients, packaging, labor, and transportation.
Burien ends emergency hazard pay for grocery workers, citing a shift in the pandemic
Burien City Council leaders announced the end of emergency hazard pay for grocery workers on Monday, citing readily available COVID-19 vaccines and boosters as a major turning point in the pandemic.
Burien City Council leaders announced the end of emergency hazard pay for grocery workers on Monday, citing readily available COVID-19 vaccines and boosters as a major turning point in the pandemic.
Seattle considers measures to address gig worker pay, rights
The Seattle City Council will vote Tuesday on the first in a series of policies that would ask app-based companies like food delivery services to improve wages, transparency and other working conditions for gig workers.
The Seattle City Council will vote Tuesday on the first in a series of policies that would ask app-based companies like food delivery services to improve wages, transparency and other working conditions for gig workers.