What is stagflation? Why the Fed is facing tough decisions this week
As the Federal Reserve meets this week, officials are facing growing concerns about stagflation—a mix of high inflation and a slowing economy. With interest rate cuts expected, the Fed must navigate uncertainty about rising prices, tariffs, and consumer confidence.
As the Federal Reserve meets this week, officials are facing growing concerns about stagflation—a mix of high inflation and a slowing economy. With interest rate cuts expected, the Fed must navigate uncertainty about rising prices, tariffs, and consumer confidence.
Several states seek end to property taxes: Shouldn't have to 'rent from the government'
Levies on migrants' wires to foreign countries could help fill the gap, one lawmaker said.
Levies on migrants' wires to foreign countries could help fill the gap, one lawmaker said.
Number of Downtown Seattle daily workers approaching pre-pandemic levels
The number of visitors and daily workers is rebounding in Downtown Seattle, beginning to close the gap on foot traffic seen before the pandemic.
The number of visitors and daily workers is rebounding in Downtown Seattle, beginning to close the gap on foot traffic seen before the pandemic.
Time is running out for taxpayers to claim $1B in refunds from 2021
The IRS is warning the public that $1 billion in unclaimed 2021 tax refunds remain because about 1 million taxpayers haven't filed tax returns for that tax year as an April 15 deadline looms.
The IRS is warning the public that $1 billion in unclaimed 2021 tax refunds remain because about 1 million taxpayers haven't filed tax returns for that tax year as an April 15 deadline looms.
Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax
Because of Trump’s threat, a previously untariffed $15 bottle of Italian Prosecco could possibly increase in price to $45.
Because of Trump’s threat, a previously untariffed $15 bottle of Italian Prosecco could possibly increase in price to $45.
DOGE proposes cutting US IRS workforce by another 20%
The US DOGE Department is proposing to cut the IRS workforce by an additional 7,000 employees, on top of the 10,000 that have already been fired or taken voluntary buy outs.
The US DOGE Department is proposing to cut the IRS workforce by an additional 7,000 employees, on top of the 10,000 that have already been fired or taken voluntary buy outs.
DOGE cuts threaten IRS free tax-filing program: What to know
IRS Direct File is only in its second year of letting taxpayers file directly with the IRS online, but it may be a casualty of Elon Musk’s DOGE.
IRS Direct File is only in its second year of letting taxpayers file directly with the IRS online, but it may be a casualty of Elon Musk’s DOGE.
University of Washington announces hiring freeze
With federal and state budget cuts continuing, the University of Washington is looking to reduce costs.
With federal and state budget cuts continuing, the University of Washington is looking to reduce costs.
Trump's 25% tariffs on all steel and aluminum imports take effect
President Donald Trump has officially increased tariffs on all steel and aluminum imports to 25%. Canada announced retaliatory tariffs in response. Here's what to know.
President Donald Trump has officially increased tariffs on all steel and aluminum imports to 25%. Canada announced retaliatory tariffs in response. Here's what to know.
CPI February update: Egg prices up another 10% though inflation cools
February's CPI report showed egg prices were once again the most volatile, increasing by an average of 10.4% last month. Here's what else it showed.
February's CPI report showed egg prices were once again the most volatile, increasing by an average of 10.4% last month. Here's what else it showed.
House Republicans pass spending bill
In a narrow vote, House Republicans approved a stopgap measure to keep the government funded, at least through the summer.
In a narrow vote, House Republicans approved a stopgap measure to keep the government funded, at least through the summer.
WA Senate GOP proposes answers to budget shortfall
Washington Senate Republicans say they have a way to close the state's multi-billion dollar budget gap without raising any new taxes.
Washington Senate Republicans say they have a way to close the state's multi-billion dollar budget gap without raising any new taxes.
‘Recession brunette’ hair trend grows amid rising financial concerns
More women are embracing their natural hair color, sparking a ‘recession brunette’ trend driven by financial concerns and a shift toward low-maintenance beauty.
More women are embracing their natural hair color, sparking a ‘recession brunette’ trend driven by financial concerns and a shift toward low-maintenance beauty.
Renting is now cheaper than owning, data shows: See the list of top markets
A new analysis shows that renting is cheaper than owning a home in all of the 100 largest US metros. See the cities where the gap is widest and what this means for renters and buyers.
A new analysis shows that renting is cheaper than owning a home in all of the 100 largest US metros. See the cities where the gap is widest and what this means for renters and buyers.
Southwest charging for bags, and other airline changes in recent months
Southwest has made major changes to its policies in recent months, including the most recent of charging for checked bags. Here’s a look.
Southwest has made major changes to its policies in recent months, including the most recent of charging for checked bags. Here’s a look.
Late car payments rise to highest level in over 30 years
High car prices and elevated interest rates have strained auto loan borrowers.
High car prices and elevated interest rates have strained auto loan borrowers.
Tariffs update: Ontario raises electricity tax for US, China targets American farm products
China has imposed new tariffs on US farm products, while Ontario is hiking electricity prices for Americans in retaliation for President Trump’s escalating trade war. Here’s what it means for consumers.
China has imposed new tariffs on US farm products, while Ontario is hiking electricity prices for Americans in retaliation for President Trump’s escalating trade war. Here’s what it means for consumers.
Tesla stock hit hard as market drops
Tesla’s stock dropped 15% on Monday, deepening 2025 losses. The broader market also faces uncertainty from tariffs.
Tesla’s stock dropped 15% on Monday, deepening 2025 losses. The broader market also faces uncertainty from tariffs.
Almost 40% of Americans receive financial help from family to buy a house: Survey
A new survey reveals that nearly 40% of Americans rely on family financial help for home purchases, most often through parents and grandparents gifting money for a deposit.
A new survey reveals that nearly 40% of Americans rely on family financial help for home purchases, most often through parents and grandparents gifting money for a deposit.
What is a recession? Here's the criteria and where the U.S. stands
Thanks to reporting lags and number revisions, recessions typically aren’t declared until well after they have begun.
Thanks to reporting lags and number revisions, recessions typically aren’t declared until well after they have begun.