MONEY NEWS FROM THE ASSOCIATED PRESS

Money

king county retail theft...
Frank Sumrall

Does King County have the most retail theft? Nordstrom believes so

Is King County the worst region for retail theft in the entire nation? It is according to Erik Nordstrom, the CEO of Nordstrom.
2 years ago
Cooks, service workers...
Bill Kaczaraba

New Seattle minimum wage, non-taxable tips for 2025 announced

Starting January 1, 2025, all businesses in Seattle, regardless of size, will be required to pay employees a minimum wage of $20.76 per hour.
2 years ago
Image: The exterior of a Bank of America location can be seen in Austin, Texas, on July 16, 2024....
Steve Coogan

Bank of America customers in Seattle area, US report account issues, $0 balances

Tens of thousands of Bank of America customers across the country reported major issues accessing their bank accounts Wednesday.
2 years ago
Tacoma Public Utilities truck...
Bill Kaczaraba

Tacoma Public Utilities rates to go up for the next 2 years

Tacoma Public Utilities (TPU), following the lead of its Seattle counterpart, is set to raise its monthly power rates in both 2025 and 26.
2 years ago
Fictitious html pages and hacker programs are seen on screens while a man has his hands on the keyb...
Bill Kaczaraba

Can you really protect yourself from identity theft?

Americans lost $12.5 billion to online scams last year, according to the FBI. But there are ways you can protect yourself.
2 years ago
Washington State Ferry San Juan Island cancelled...
Bill Kaczaraba

It will now cost you more to ride Washington ferries

It has become an annual cost of passage. The 4.25% fare increase for Washington ferries goes into effect Tuesday.
2 years ago
Elysian Brewing Company plans to shut down operations at its Seattle Georgetown brewery. (Photos: E...
Bill Kaczaraba

Is a strike brewing at Elysian?

Employees at Elysian Brewing are inching closer to a strike as contract negotiations stall with parent company Anheuser-Busch.
2 years ago
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