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Latest News

Middle class plans to work in retirement

Wells Fargo study finds most people haven't saved nearly enough for future
January 27, 2011
For middle-class Americans, retirement simply means a new phase of their working years, according to results from the sixth annual Retirement Fitness Survey from Wells Fargo & Co.The survey found that 72 percent of middle-class Americans between
Read More

Elder-care advocates fear effects of deep cuts to programs

Proponents say eliminating crucial services to seniors will cost more in long run
January 27, 2011
Chey Scott
Retirement-industry professionals say they have serious concerns about the potential results of Gov. Christine Gregoire's proposed 2011-2013 biennial budget, which could eliminate entirely or drastically reduce funding for a variety of programs of
Read More
—Staff photo by Linn Parish

An experiment in living

Agent to stay in different retirement facilities for one week each month during 2011
January 27, 2011
Linn Parish
Spokane Realtor Kathy Bryant markets herself as a real estate specialist for seniors—one who helps people explore their options when looking to move from a house to a retirement facility. Now, Bryant wants to become an expert on living in a
Read More

Ag Expo and Farm Forum slated for Feb. 1-3

January 27, 2011
The annual Ag Expo and Pacific Northwest Farm Forum will be held Feb. 1-3 in the Spokane Convention Center's Group Health Exhibit Hall and is expected to attract about 5,000 visitors, with an estimated $3 million economic impact here, says Myrna
Read More

Groups team up to improve cybersecurity

Public-private partnership wants to get innovations to financial sector faster
January 27, 2011
News Wise
The National Institute of Standards and Technology has joined in a new public-private partnership to spur cybersecurity innovation in the financial-services sector.Through a memorandum of understanding signed last month, NIST, the Department of
Read More

New laws about credit reports, identity theft take effect

Red Flags rule requires credit grantors to put safeguards into place
January 27, 2011
Financial Planning Association
On Jan. 1, new federal consumer protections went into effect on issues ranging from transparency on credit reports to safeguards against identity theft. The provisions affecting credit reporting actually are the result of a law passed seven Fair
Read More

Emerging-market investments expected to grow in '11

Mutual funds representing that segment grew briskly in '10; diversification vital
January 27, 2011
Andrew Leckey
DELHI, INDIA—Traffic in India's capital city is intense. Modestly powered three-wheel "tuk-tuk" taxis compete daily for space on streets crowded with trucks crammed full of passengers, motorcycles with small children sandwiched between their a
Read More

Credit unions said bouncing back from losses in lending

Local execs say the 20 here all are doing well, despite a closure last year
January 27, 2011
Chey Scott
Despite the mandated closure of The Union Credit Union here last fall, which was the first credit union failure in 15 years in Washington state, industry executives here and state regulators say the 20 credit unions continuing to operate in the are
Read More

Avista's Scott Morris appointed to Seattle Federal Reserve board

January 27, 2011
The Federal Reserve Bank of San Francisco has appointed Avista Corp. Chairman, President, and CEO Scott L. Morris to its Seattle branch board of directors. The three-year term started Jan. 1. An employee of Spokane-based Avista since 1981 and
Read More

M&A outlook for Spokane area looks positive for 2011

Despite shaky economy, resurgence in activity is expected here, nationally
January 27, 2011
Christian Schiller
My latest trip to Spokane in December was enlightening. I tried to get together with a couple of deal attorney friends, but they were too busy.One was working on closing a handful of transactions, a sharp contrast to his slow December of 2009. a
Read More
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