MONEY NEWS FROM THE ASSOCIATED PRESS

Money

Image: A Boeing worker wears a mask with a digital "strike" sign as employees picket outside the co...
Steve Coogan

‘Same pile of chili:’ Union won’t vote on Boeing’s ‘final’ offer, will meet mediator

Boeing announced its "best and final" offer to striking machinists. But the union said it won't bring the latest contract offer to a vote.
2 years ago
Photo: Lachandretta Williams reaches for a pill bottle at MAC Pharmacy, Wednesday, May 29, 2024, in...
Bill Kaczaraba

Can’t afford your prescription drugs? You are not alone

Even though prescription drug prices in the U.S. are significantly higher than in other countries, there are ways to save.
2 years ago
Seattle homebuyers...
Bill Kaczaraba

Are new mortgage rates moving the needle when it comes to Seattle real estate?

While lower mortgage rates increase purchasing power for homebuyers, a rate around 6% is still too high for many in Washington.
2 years ago
Photo: Seattle City Council member Cathy Moore announced Friday her plan to introduce a similar tax...
Julia Dallas

WA Employment Security Dept. wants to hire nearly 100 workers as paid leave applications skyrocket

Staff at the Washington State Employment Security Department have been overwhelmed with applications for the Washington Paid Family and Medical Leave program.
2 years ago
Photo: An Amazon Prime delivery person lifts packages while making a stop at a high-rise apartment ...
Bill Kaczaraba

Prime time at Amazon: Warehouse workers get free subscription, raise

Amazon employees are getting a new perk: a free Prime subscription. The service usually costs $140 a year.
2 years ago
Image: Alaska Airlines planes are shown parked at gates with Mount Rainier in the background at sun...
The MyNorthwest staff with wire reports

Alaska Airlines completes acquisition of Hawaiian Air, which will remain a separate brand

Alaska Airlines closed its purchase of Hawaiian Airlines Wednesday, a day after the government removed the last major regulatory obstacle.
2 years ago
federal reserve interest rates...
Chris Rugaber, The Associated Press

Federal Reserve cuts key interest rate by sizable half-point; first cut since 2020

In a dramatic shift, the Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point.
2 years ago
Photo: As workers are on strike for another day, Boeing furloughs could be seen in the coming weeks...
Julia Dallas and Sam Campbell

Boeing CFO announces cost cuts, including hiring freeze and potential furloughs

As Boeing's strike continues on, the company's CFO has announced cost cuts, including potential furloughs.
2 years ago
seattle public schools saferwatch...
Julia Dallas

Seattle Public Schools announces two options for school closures

Seattle Public Schools released two proposals on Wednesday regarding school closures meant to help its expensive deficit.
2 years ago
Bill Kaczaraba

New directions from Starbucks CEO Brian Niccol

One day into his new job as Starbucks CEO, Brian Niccol is already beginning to set a tone for his stewardship.
2 years ago
cryptocurrency fraud...
Frank Sumrall

Washington among states most affected by cryptocurrency fraud

The FBI recorded and logged more than 69,000 complaints from the public regarding cryptocurrency fraud -- resulting in more than $5.6 billion lost.
2 years ago
Seattle residents will see utility rate hikes in the coming years.(Photo by Stephen Osman/Los Angel...
Bill Kaczaraba

Seattle residents get hit with rising utility, electricity bills

Seattle residents will pay more for utilities and electricity in the coming years, now that the City Council approved service company plans.
2 years ago
Bill Kaczaraba

Nordstrom considers taking the company private

Pete and Erik Nordstrom want to take their luxury department store chain private. Their investment group wants 50.1% ownership.
2 years ago
Image: In this Aug. 19, 2014, file photo, a sign stands at Aetna headquarters in Hartford, Connecti...
Sam Campbell

Providence, Aetna reach agreement; coverage for 35,000 Washingtonians stays in tact

Providence and Aetna announced Tuesday they reached an agreement that will no loner affect Washingtonians with Aetna insurance.
2 years ago
Image: A Boeing 777X airplane takes off on its inaugural flight at Paine Field in Everett....
Bill Kaczaraba

Big banks bearish on Boeing

Boeing shares took a hit Tuesday after Wells Fargo & Co. downgraded the company and warned investors to get out.
2 years ago
Image: A cart wrangler works in front of a Costco warehouse on July 16, 2024, in Sheridan, Colorado...
Steve Coogan

What’s open and closed on Labor Day in Washington?

Most stores will be open Labor Day, some chains will close early on the holiday and some of those chains' locations may be closed entirely.
2 years ago
Photo: Marysville School District....
Julia Dallas

State cites ‘serious concerns’ as Marysville School District fails to compile viable budget

The Marysville School District has been dealing with budget issues for years and now the state has stepped in.
2 years ago
Photo: Seattle City Council member Cathy Moore announced Friday her plan to introduce a similar tax...
Sam Campbell

‘A lot of my income is already being taken:’ Seattleites pay US’ highest sales tax, report says

A report shows two Washington cities have the highest sales taxes in the nation -- Seattle and Tacoma.
2 years ago
Photo: Seattle at night. Washington families can apply for a $200 electricity utility credit throug...
Julia Dallas

How Washington residents can get $200 toward their electric bills

Washington families can apply for a $200 electric credit through the Washington Families Clean Energy Credits Grant Program.
2 years ago
Image: Alaska Airlines planes are shown parked at gates with Mount Rainier in the background at sun...
Associated Press

Alaska Airlines clears a big hurdle in its proposed merger with Hawaiian Airlines

Alaska Airlines is one step closer to acquiring Hawaiian Airlines after the DOJ chose not to challenge the $1 billion deal.
2 years ago
Brian Niccol, Starbucks CEO...
Bill Kaczaraba

Starbucks CEO could make $100M while working remotely

When Starbucks named Brian Niccol its new chairman and CEO, the company hoped he could revive fading sales and re-establish the coffee giant.
2 years ago
Alaska Airlines...
Bill Kaczaraba

Alaska Airlines flight attendants reject tentative contract

Alaska Airlines flight attendants have rejected their union’s tentative contract. The union represents 6,900 Alaska employees.
2 years ago
Smith Tower was the tallest building on the west coast until it was passed by the Space Needle. (Ge...
Bill Kaczaraba

Seattle’s Smith Tower sold to a local Seattle ownership group

Seattle's iconic Smith Tower and Butler Garage have been acquired by a group of local investors led by Seattle-based GT Capital.
2 years ago
Image: A television screen is seen on the floor of the New York Stock Exchange on Monday, Aug. 5, 2...
Sam Campbell and Steve Coogan

Despite sagging stocks, analysts allay recession fears, suggest investors hold steady

A stunning Monday pummeled Wall Street with more steep losses, as fears, for investors and others, worsened about a slowing U.S. economy.
2 years ago