MONEY NEWS FROM THE ASSOCIATED PRESS

Money

Photo: The Seattle City Council is discussing adding to Seattle's budget deficit....
Matt Markovich

Seattle’s budget woes just got worse with new labor agreements

Despite a hiring freeze and budget belt-tightening, the Seattle City Council may soon vote to increase the city's budget deficit.
24 hours ago
Photo: Xfinity store...
Julia Dallas

Affordable internet program may end for millions; these are other local options

Over 300,000 Washington residents have been notified that an affordable internet program will end after April.
6 days ago
Photo: A hiring sign for tree care service work is posted in Wheeling, Ill., Sunday, March 19, 2023...
Julia Dallas

Washington unemployment rate rises for 5th month in a row

Numbers from the Washington State Employment Security Department show the state's unemployment rate has risen for the fifth month in a row.
8 days ago
Photo: Federal Reserve Board Chair Jerome Powell speaks during a news conference about the Federal ...

Federal Reserve still foresees 3 interest rate cuts this year despite bump in inflation

Federal Reserve officials signaled Wednesday they still expect to cut their key interest rate three times in 2024.
8 days ago
Photo: The Seattle area is seeing more buyers than sellers as home prices surge....
Heather Bosch

Surging home prices prolong Seattle’s ‘bidding wars’ era

Home prices are surging again in the greater Seattle area which means the era of the "bidding wars" is not over.
8 days ago
Photo: A $100 bill...
Julia Dallas

How will the Edmonds School Board cover a $10M shortfall?

Edmonds School Board is holding a meeting Tuesday night to discuss how it plans to scale back over $10 million.
9 days ago
Image: Prices at the gas pump in Washington have dipped. But they remain the among the highest in t...
Steve Coogan

Seattle area average energy prices: Gasoline, utility gas prices dip, electricity rises

Looking at energy prices, gasoline in the Seattle area in February fell, while households pay more for electricity, federal numbers report.
11 days ago
Image: Medford Jet Center staff investigate underneath a United AirlinesBoeing 737-824 that landed ...
Steve Coogan

Boeing plane found to have missing panel after flight lands in Oregon

A United Airlines plane Boeing manufactured was grounded in Medford, Oregon, after it was found to be missing a panel after landing Friday.
13 days ago
Zulily Seattle...
Julia Dallas

Zulily back from the dead? The latest on the Seattle-based company’s comeback

It appears the end of Seattle-based online retailer Zulily may not have been the end. A social media post hinted at the company's rebirth.
21 days ago
Image: Alaska Airlines planes are pictured at Seattle-Tacoma International Airport the day after Ho...
Micki Gamez

Gamez asks: Do you need rental car insurance?

The cost was the same as if we rented a basic economy car for four. So it begs the question -- did we really need rental car insurance?
23 days ago
Image: A Boeing 737 Max 7 is displayed during a debut for employees and media of the new jet in Ren...
Associated Press

Boeing says it’s in talks to buy Spirit AeroSystems, key supplier on troubled 737 Max

Boeing said Friday that it is in preliminary talks to buy Spirit AeroSystems, which builds fuselages for Boeing 737 Max jetliners.
27 days ago
FILE - A sign stands over a Wendy's restaurant . (AP Photo/Charlie Neibergall, File)...
Heather Bosch

Wendy’s ‘surge-pricing’ strategy scrubbed after viral backlash

Dynamic pricing would allow restaurants to quickly raise prices in reaction to rush hour or inclement weather.
29 days ago
An entrance to a Macy's store in the mall. (File photo: Ted Shaffrey, AP)...
Associated Press

Macy’s to close 150 stores as sales slip, pivot to luxury with Bloomingdale’s locations

Macy’s will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday.
1 month ago
The logo for Boeing appears on a screen above a trading post on the floor of the New York Stock Exc...
Associated Press

Boeing ousts head of 737 jetliner program weeks after panel blowout on flight

Boeing said the head of its 737 program is leaving the company in an executive shake-up weeks after a door panel blew out on a flight over Oregon.
1 month ago
Image: A sign is on display above an ATM at a Capital One Café in Miami on Monday, Feb. 19, 2024. ...
Associated Press

Capital One to buy Discover for $35B in deal combining major US credit card companies

The deal would bring together two of the nation's credit card companies as well as potentially shake up the payments industry.
1 month ago
gen-x generation moving...
Micki Gamez

Gen-X said goodbye to Seattle in 2022, making room for a younger generation

According to the data, Nashville, Tennessee, was the second most popular destination for millennial migration, followed by San Antonio, Texas.
1 month ago
Image: A photo looking toward downtown Kirkland and Lake Washington...
Lisa Brooks

Thousands of Raterlabs employees laid off 1 year after pay raise

RaterLabs employees are responsible for evaluating Google’s search results by testing and rating how accurately the algorithm responds to various prompts.
2 months ago
kroger albertsons merger...
Heather Bosch

Union: History is doomed to repeat itself if Kroger-Albertsons merger happens

"Kroger and Albertsons currently control over half the grocery sales in the state of Washington," Marshall stated.
2 months ago
microsoft rei layoffs...
Frank Sumrall

Seattle-area layoffs: Microsoft, REI start 2024 with workforce reductions

Microsoft has decided to lay off 1,900 employees working for Activision Blizzard and Xbox -- two videogame workforces within the company -- this week.
2 months ago
IRS form. (Getty Images)...
Micki Gamez

IRS is trying a new tactic in 2024, but not everyone qualifies

The IRS starts processing returns on Jan. 29, but the agency is trying something new, a free program called Direct File.
2 months ago
A customer shops for milk at a grocery store in San Anselmo, California, on Dec. 12, 2023. (Photo: ...
Lisa Brooks

Seattle has some of the highest grocery prices in the country

A new analysis shows residents of Washington have to pay an average $287.67 weekly, more than $17 higher than the average U.S. household.
2 months ago
Food workers are among those who will reap the benefits of Seattle's new minimum wage. (Getty Image...
Bill Kaczaraba

Minimum wage in Seattle goes into effect, among highest in country

The hourly minimum wage in Seattle is going up over 6% for employers with more than 501 workers.
3 months ago
Image: Vicki Phillips, right, and her friend Wendy Priest take advantage of senior shopping hours a...
Steve Coogan

What’s open on New Year’s Eve and New Year’s Day in Washington?

While a handful of major chains operate normally on New Year's Eve, many others close early. Also, some chains will be closed on New Year's Day.
3 months ago
Image: A Santa Claus display can be seen ahead of the opening of the Seattle Christmas Market in No...
Steve Coogan

Seattle is a top 10 US city for Christmas celebrations, analysis states

For those who love Christmas, Seattle is one of the best cities in the U.S. to live in or visit, according to one recent study.
3 months ago