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MONEY NEWS FROM THE ASSOCIATED PRESS
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National News
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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