MONEY NEWS FROM THE ASSOCIATED PRESS

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L&I...
Frank Sumrall

Wash. Department of Labor proposes 4.9% rise in workers’ compensation rates

The increase would mean employers and workers would jointly pay an additional $65 each year per employee for workers' compensation insurance.
6 months ago
gas prices high...
Kate Stone

State officials spar over impact of climate act on gas prices as drivers pay up

Calls are growing for changes to the state of Washington's Climate Commitment Act (CCA), as gas prices remain above $5 a gallon on average statewide.
7 months ago
Image: A sign over the entry at Homegrown in Seattle's Fremont neighborhood (Photo: Jamie Griswold,...
James Lynch, Kate Stone and Bill Kaczaraba

Workers from multiple Seattle-area Homegrown stores go on strike

About 150 employees from six Seattle-area Homegrown restaurants are out on strike.
7 months ago
Image: A 2020 Nissan Leaf is on display at the 2020 Pittsburgh International Auto Show on Feb. 13, ...
Micki Gamez

We’re open books on the open road: Car brands are awful at privacy, security

"Cars are the worst product category we have ever reviewed for privacy," according to one group.
7 months ago
Image: A school sign is seen at Bothell High School on Feb. 27, 2020 in Bothell, Washington....
Max Gross

Gross: Candidate fights for Bothell’s ‘character’ after state’s housing density law

Bothell City Council candidate Mark Swanson has a platform centered around housing density. The city is filled with cookie-cutter apartments.
7 months ago
Image: A Kroger grocery store sign promotes its pharmacy and fuel center at its Flowood, Mississipp...
The MyNorthwest staff with wire reports

Kroger, Albertsons selling QFC brand name, over 400 stores in $1.9B deal

Kroger and Albertsons will sell more than 400 stores and other assets as they seek to clear a path for a merger with antitrust regulators.
7 months ago
elysian brewing unionize...
L.B. Gilbert

Elysian Brewing workers at Georgetown brewery vote to unionize

Workers at Elysian Brewing in South Seattle have unionized their brewery production, as 33 employees working in the brewery, packaging, quality assurance, and warehouse join Teamsters Local 117. 
7 months ago
Image: A cashier handles money during a recent transaction....
Bridget Chavez, KIRO 7 News

Despite improving inflation, more Americans are living paycheck to paycheck

Despite improving inflation numbers, a new study from Fortune found that 61% of Americans are still living paycheck to paycheck.
7 months ago
puget sound gas bill...
Kate Stone

Gas bill rates to increase for Puget Sound customers

The increase stems from Washington’s Climate Commitment Act, more commonly known as the "cap and invest" program.
7 months ago
workweek...
Heather Bosch

Survey: 90% of working Americans want 4-day work week, flexibility

"Most of those workers are willing to make a sacrifice of some kind to have that additional flexibility," analyst Mark Hamrick said.
7 months ago
A pause on student loan payments that's been in place since the start of the COVID pandemic will en...
Heather Bosch

Student loan payments will come due soon as grace period is set to end

After more than three years, the COVID-19 pandemic grace period for student loans is ending soon. A new survey sheds light on how Americans feel about the loans.
7 months ago
FILE - The Amazon logo is displayed in Santa Monica, Calif., Sept. 6, 2012. Amazon is adding video ...

Amazon reports better-than-expected revenue and profits for 2Q, sending its stock higher

Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading.
8 months ago
Starbucks revenue...

Starbucks reports record revenue as China booms, but sales still fall short

Starbucks reported record revenue in its fiscal third quarter as its China business roared back to life, but shares were still down Wednesday.
8 months ago
FILE - An unsold 2023 Model X sports-utility vehicle sits outside a Tesla dealership Sunday, June 1...

After raising prices sharply, corporate profits get squeezed as inflation eases

After enjoying a strong run where they could keep raising prices to boost their profits, companies are now stuck in a vise. On one end, revenue is under pressure as the global economy remains fragile. On the other, companies are having to pay higher wages for workers, among other costs.
8 months ago
A  troller fishes in Sitka Sound, Alaska on February 2, 2021. A U.S. appeals court on Wednesday, Ju...
Associated Press

Alaska salmon season back on after court halts closure that sought to protect orcas

A U.S. appeals court on Wednesday halted a lower court ruling that would have shut down southeast Alaska’s chinook salmon troll fishery for the summer to protect endangered orca whales that eat the fish.
9 months ago
FILE - A statue of a bear still stands by a home burned by the Beachie Creek Fire on Sept. 12, 2020...

Oregon Jury: PacifiCorp must pay punitive damages for wildfires

A jury in Oregon says the electric utility PacifiCorp must pay punitive damages for causing devastating wildfires in 2020 — on top of an earlier verdict already expected to amount to billions of dollars.
10 months ago
FILE - In this file photo, a GameStop sign is displayed above a store in Urbandale, Iowa, on Jan. 2...

GameStop terminates CEO, former Amazon executive brought for modernization

Shares of GameStop are plunging before the opening bell after the company fired CEO Matthew Furlong, the former Amazon executive that was brought in two years ago to turn the struggling video game retailer around.
10 months ago
Amazon agreed Wednesday to pay a $25 million civil penalty to settle Federal Trade Commission alleg...
Associated Press

Amazon fined $25M for violating child privacy with Alexa

Amazon agreed Wednesday to pay a $25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law
10 months ago
FILE - Candles are lit on a memorial wall during an anniversary memorial service at the Holy Trinit...

Pain and terror felt by passengers before Boeing Max crashed can be considered, judge rules

Families of passengers who died in the crash of a Boeing 737 Max in Ethiopia can seek damages for the pain and terror suffered by victims in the minutes before the plane flew nose-down into the ground, a federal judge has ruled.
10 months ago
FILE - The Capitol stands in Washington D.C. (AP Photo/J. Scott Applewhite, File)Credit: ASSOCIATED...
Associated Press

What it would mean for the economy if the US defaults on its debt

If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone.
10 months ago
Sumsub releases Travel Rule guide to help crypto businesses solve the compliance puzzle. (Graphic: ...

Seattle startup’s ex-CFO accused of diverting $35 million, losing it in crypto crash

The former chief financial officer of a Seattle-based startup took $35 million without permission and lost it by investing in cryptocurrency
11 months ago
FILE - The logo for Boeing appears on a screen above a trading post on the floor of the New York St...

Ryanair to order between 150 and 300 Boeing 737 Max jets

Ryanair will order 150 Boeing 737 Max planes with an option for 150 more, marking the biggest aircraft purchase in the Irish airline's history and a boost for Boeing.
11 months ago
File - A potential buyer looks over an 2023 Cooper S sedan on the floor of a Mini dealership Friday...

A key inflation gauge tracked by Fed remained high in March

A key index of inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates
11 months ago
Image: The logo for Boeing appears on a screen above a trading post on the floor of the New York St...

Boeing loses $425 million but plans production boost for Max

Boeing lost $425 million in the first quarter — more than Wall Street expected — but said Wednesday that it plans to boost production of its best-selling plane later this year.
11 months ago