<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Friday, September 29, 2023
Sept. 29, 2023

Linkedin Pinterest

Business

Business BriefsClark County BusinessColumnistsTransactionsWorking in Clark County

As Northwest Targets close, shoppers question if crime really is to blame

September 29, 2023, 7:39am Business

In the wake of Target’s announcement Tuesday that it would close two Seattle stores due to safety concerns, questions remain about whether crime was in fact the main driver. Read story

Inslee didn’t abuse power with pandemic eviction moratorium, Washington Supreme Court rules

September 29, 2023, 7:32am Business

The Washington Supreme Court on Thursday rejected claims by landlords that Gov. Jay Inslee abused his power when he created a temporary ban on evictions during the height of the… Read story

United Auto Workers union members strike for improved compensation outside of the Stellantis Toledo Assembly Complex on Thursday, Sept. 28, 2023 in Toledo, Ohio. (Phillip L.

United Autoworkers strikes spread to Chicago and Lansing as 7,000 more workers join the picket line

United Auto Workers union members strike for improved compensation outside of the Stellantis Toledo Assembly Complex on Thursday, Sept. 28, 2023 in Toledo, Ohio. (Phillip L.

September 29, 2023, 8:20am Business

The United Auto Workers strikes against Detroit’s three automakers that spread to dozens of parts distribution centers one week ago could deepen Friday. Read story

FILE - This April 10, 2011, file photo, shows a rig and supply vessel in the Gulf of Mexico, off the coast of Louisiana.  The Biden administration on Friday proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years -- and none in Alaska -- as it tries to navigate between energy companies that have pressed for greater oil and gas production and environmental activists who have urged President Joe Biden to shut down new offshore drilling in the fight against climate change.

Biden calls for up to three oil and gas lease sales in the Gulf of Mexico, disappointing all sides

FILE - This April 10, 2011, file photo, shows a rig and supply vessel in the Gulf of Mexico, off the coast of Louisiana.  The Biden administration on Friday proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years -- and none in Alaska -- as it tries to navigate between energy companies that have pressed for greater oil and gas production and environmental activists who have urged President Joe Biden to shut down new offshore drilling in the fight against climate change.

September 29, 2023, 7:41am Business

President Joe Biden’s administration on Friday proposed up to three oil and gas lease sales in the Gulf of Mexico but none in Alaska as it tries to navigate between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling… Read story

FILE - President Joe Biden delivers remarks on his economic agenda at a training center run by Laborers' International Union of North America, Feb. 8, 2023, in Deforest, Wis. The Biden administration on Friday, Sept. 29, is releasing a playbook on best practices for training workers -- as the low 3.8% unemployment rate and years of underinvestment have left manufacturers, construction firms and other employers with unfilled jobs.

As employers face labor shortages, Biden administration rolls out playbook for training workers

FILE - President Joe Biden delivers remarks on his economic agenda at a training center run by Laborers' International Union of North America, Feb. 8, 2023, in Deforest, Wis. The Biden administration on Friday, Sept. 29, is releasing a playbook on best practices for training workers -- as the low 3.8% unemployment rate and years of underinvestment have left manufacturers, construction firms and other employers with unfilled jobs.

September 29, 2023, 7:40am Business

The Biden administration on Friday is expected to release a playbook on best practices for training workers as the low 3.8% unemployment rate and years of underinvestment have left manufacturers, construction firms and other employers with unfilled jobs. Read story

A monitor displays information about the Federal Reserve interest rate on the floor at the New York Stock Exchange in New York, Wednesday, Sept. 20, 2023. The Federal Reserve left its key interest rate unchanged for the second time in its past three meetings, a sign that it's moderating its fight against inflation as price pressures have eased.

Stock market today: Most of Wall Street rises after inflation report helps soften its sore September

A monitor displays information about the Federal Reserve interest rate on the floor at the New York Stock Exchange in New York, Wednesday, Sept. 20, 2023. The Federal Reserve left its key interest rate unchanged for the second time in its past three meetings, a sign that it's moderating its fight against inflation as price pressures have eased.

September 29, 2023, 7:40am Business

Most of Wall Street is ticking higher on Friday following some encouraging signals on inflation, as it limps to the end of what's been a miserable September. Read story

A prospective customer surveys 2023 QX60 luxury sports-utility vehicles at an Infiniti dealership Sunday, Aug 27, 2023, in Highlands Ranch, Colo. On Friday, the Commerce Department issues its August report on consumer spending.

Higher gas prices lift Fed’s preferred inflation gauge but underlying price pressures remain mild

A prospective customer surveys 2023 QX60 luxury sports-utility vehicles at an Infiniti dealership Sunday, Aug 27, 2023, in Highlands Ranch, Colo. On Friday, the Commerce Department issues its August report on consumer spending.

September 29, 2023, 7:37am Business

An inflation gauge closely tracked by the Federal Reserve rose in August, boosted mainly by higher gas prices. But measures of underlying inflation slowed in the latest sign that overall price pressures are still moderating. Read story

Karin Engstrom, 82, poses for photos at home, Wednesday, Sept. 27, 2023, in Seattle. Engstrom recently had student loans forgiven. She's one of 804,000 borrowers who will have a total of $39 billion forgiven under a one-time adjustment granted by the Biden administration.

804,000 long-term borrowers are having their student loans forgiven before payments resume this fall

Karin Engstrom, 82, poses for photos at home, Wednesday, Sept. 27, 2023, in Seattle. Engstrom recently had student loans forgiven. She's one of 804,000 borrowers who will have a total of $39 billion forgiven under a one-time adjustment granted by the Biden administration.

September 29, 2023, 7:37am Business

Karin Engstrom thought she’d be paying off her federal student loans for the rest of her life. The 82-year-old was shocked when she logged on to check her balance ahead of payments resuming in October and found that more than $175,000 in debt had been erased. Read story

Baltimore Acting Police Commissioner Richard Worley speaks at a news conference with law enforcement and city officials about the arrest of Jason Dean Billingsley on Thursday, Sept. 28, 2023, in Baltimore. Worley said that police had been searching for Billingsley, who is charged with first-degree murder in the death of 26-year-old Pava LaPere, since last week as a suspect in a separate rape and arson.

Man arrested in killing of Baltimore tech entrepreneur Pava LaPere was released from prison in 2022

Baltimore Acting Police Commissioner Richard Worley speaks at a news conference with law enforcement and city officials about the arrest of Jason Dean Billingsley on Thursday, Sept. 28, 2023, in Baltimore. Worley said that police had been searching for Billingsley, who is charged with first-degree murder in the death of 26-year-old Pava LaPere, since last week as a suspect in a separate rape and arson.

September 29, 2023, 7:36am Business

Baltimore police have arrested a man in the killing of a Baltimore tech entrepreneur last week as authorities alleged the suspect was in the midst of a violent rampage that also included a recent rape, arson and attempted murder. Read story

The average long-term US mortgage rate reaches highest point in nearly 23 years, hitting 7.31%

September 28, 2023, 2:22pm Business

Home loan borrowing costs climbed again this week, pushing the average long-term U.S. mortgage rate to its highest level in nearly 23 years, another blow to prospective homebuyers facing an increasingly unaffordable housing market. Read story