AP Money and Business News

Heather Bosch

WA ranked No. 3 economy in U.S., but underemployment remains high

Washington's economy is among the strongest in the nation, but not every Washingtonian is benefiting from that.

6 days ago

Frank Sumrall

WA gas prices hold steady for Memorial Day weekend despite national prices falling

Gas prices have fallen to their lowest levels nationally this Memorial Day weekend since 2021, but Washington won't be able to enjoy the spoils.

22 days ago

Frank Sumrall

Bill Gates to donate 99% of wealth to Gates Foundation, which will shut down by 2045

Bill Gates, the billionaire co-founder of Microsoft and philanthropist, announced he is donating nearly his entire net worth鈥攁pproximately $113 billion鈥攖o the Bill & Melinda Gates Foundation over the next 20 years.

1 month ago

MyNorthwest Staff

Microsoft scales back on AI after more than two years of aggressive spending

After 10 consecutive quarters of increasing its spending on artificial intelligence (AI), Microsoft is deciding to slightly pull back its financial commitment to the burgeoning technology.

1 month ago

Frank Sumrall

Progressive group’s study debunks myth that ‘wealth tax’ drives rich residents out of WA

One progressive think tank is combating the belief that, if a wealth tax is established in budget plans aimed at closing a $16 billion shortfall, the wealthiest Washingtonians still wouldn't leave the state in droves in response.

2 months ago

Frank Sumrall

AT&T leaves Redmond Town Center as companies shrink their Seattle-area footprint

AT&T Inc. is departing its corporate office in Redmond in the latest major company exodus from the region.

2 months ago

MyNorthwest Staff

Disney downsizes its Seattle office space in latest corporation exodus from region

The聽Walt Disney Company decided to downsize the office space the company occupies in Seattle last quarter, according to a report from CBRE Commercial Real Estate last week.

2 months ago

Heather Bosch

This will cost ‘half of my total anticipated profit’: Seattle businesses fight to survive turbulent tariffs

The Trump administration's shifting tariffs are wreaking havoc on Seattle businesses' bottom lines and, in some cases, threaten their survival and the jobs they provide.

2 months ago

Egg prices increase to record high despite Trump’s predictions and bird flu outbreak slowing

In defiance of President Donald Trump's predictions, U.S. egg prices increased again last month to reach a new record high of $6.23 despite a drop in wholesale prices and no egg farms having bird flu outbreaks.

2 months ago

Michelle Chapman and Anne D鈥橧nnocenzio, The Associated Press

Forever no more. Operator of mall staple Forever 21 files for bankruptcy protection

Forever 21 has filed for bankruptcy protection聽for a second time聽and plans to close down its U.S. business as traffic in U.S. shopping malls fades and competition from online retailers like Amazon, Temu and Shein intensifies.

3 months ago

Brooke Griffin, 成人X站 7 News

Gas pumps around Washington could be giving different amounts of fuel than what you paid for

Have you ever wondered if your local gas pumps are really giving you the amount of fuel you鈥檙e paying for?

3 months ago

Mae Anderson, The Associated Press

Egg prices continue to hit records as Easter and Passover approach, but some relief may be coming

Egg prices聽again reached a record high in February, as the聽bird flu聽continues to run rampant and Easter and Passover approach.

3 months ago

Deborah Horne, 成人X站 7 News

Local concern rising after stock market plunge

The U.S. stock market saw a deeper sell-off on Monday as investors reacted to ongoing economic uncertainties, including trade policies and concerns over tariffs.

3 months ago

Anne D'Innocenzio and Haleluya Hadero, The Associated Press

Economic Blackout: Will a 24-hour boycott make a difference?

A grassroots organization is encouraging U.S. residents not to spend any money Friday through an "economic blackout" to protest what the group鈥檚 founder sees as the malign influence of billionaires, big corporations and both major political parties.

4 months ago

MyNorthwest Staff

Seattle-based Expedia confirms more layoffs despite profitable 2024

While the specific number of employees has yet to be revealed, Expedia Group has confirmed that it is going to lay off more workers.

4 months ago

Louie Tran, 成人X站 7 News

Starbucks CEO Brian Niccol awarded $96 million pay package after 4 months on the job

Starbucks CEO Brian Niccol's compensation package makes him one of the highest-paid executives in corporate America.