News
Record U. S. household debt highlights importance of choosing lenders carefully, BBB says
1+ hour, 58+ min ago (336+ words) SEATTLE " Americans now owe more money than ever before, with total U. S. household debt reaching a record $18. 8 trillion, according to a new report from the Federal Reserve Bank of New York. Local Better Business Bureau (BBB) data suggests that where consumers…...
Community feedback looms large as Sound Transit considers scaling back projects
1+ week, 3+ day ago (265+ words) SEATTLE " Sound Transit leaders will hear from the public as they continue to weigh major changes to the region's voter-approved light rail expansion plans, while confronting a multibillion-dollar budget gap. The Sound Transit Board of Directors Executive Committee is holding…...
Inflation accelerates to fastest rate in three years on higher energy prices
1+ week, 4+ day ago (756+ words) WASHINGTON (TNND) " Inflation accelerated in April at its fastest pace since May 2023 as rising gas prices ties to the war with Iran pushed up costs. Inflation climbed to 3. 8% in April from a year earlier, up from a 3. 3% increase in March…...
Trump admin targets 'big 4' meat packers in antitrust crackdown over beef prices
2+ week, 5+ day ago (666+ words) WASHINGTON (TNND) " The Justice Department said Monday it is intensifying its investigation into the beef industry, accusing the nation's largest meatpackers of contributing to higher prices, weaker competition and risks to food security. At a news conference, Acting Attorney General…...
Powell poised to keep rates unchanged in what might be his last meeting; Warsh advances
3+ week, 4+ day ago (341+ words) The Federal Reserve is widely expected to leave interest rates unchanged at its latest policy meeting on Wednesday afternoon, as Chair Jerome Powell oversees what will likely be his final decision leading the central bank. Policymakers are expected to keep…...
Nonprofits, Sound Transit talk Pierce County light rail future
3+ week, 5+ day ago (22+ words) Transportation group to host Pierce County light rail forum as funding concerns grow'KOMO Nonprofits, Sound Transit talk Pierce County light rail future...
Washingtonians brace for price hikes as Trump's new tariffs hit imported goods
9+ mon, 2+ week ago (601+ words) SEATTLE " The delays and extensions are done as the U. S. officially began levying higher taxes on imports from dozens of countries on Thursday. Starting just after midnight, products from more than 90 countries would face increased tariff rates. Goods from the European…...
Seattle businesses react to Trump's Liberation Day tariffs reaching 1-year mark
1+ mon, 3+ week ago (475+ words) SEATTLE " Some Seattle-based businesses are looking to recoup the added costs of Trump-era tariffs, as Thursday marks one year since the president announced his sweeping Liberation Day tariffs and duties on many U. S. trade partners. Inside the King's Oriental Foods warehouse…...
Small business optimism falls as energy costs rise, NFIB report shows
1+ mon, 1+ week ago (439+ words) (TNND) " Small business optimism took a hit last month as energy prices rose, according to the National Federation of Independent Business. The NFIB's optimism index for March, released Tuesday, fell 3 points from February to register a 95. 8. That pulled the index…...
Report warns Washington's affordability crisis is accelerating as climbing costs persist
1+ mon, 2+ week ago (315+ words) SEATTLE " As prices rise for everything from everyday household items to groceries and gas, a new report suggests that Washington's affordability crisis is persistent and accelerating. According to a March report released by the Washington Roundtable, a nonprofit comprised of…...