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Latest News

—File

Treasury4 secures more than $3.5M in seed funding

Fintech startup here said to be moving to commercialization
November 17, 2022
Virginia Thomas
Treasury4 Inc., a Spokane-based fintech startup formed last year, has secured more than $3.5 million so far in its second round of fundraising, which will be used to launch the commercialization phase of the company's software products.
Read More
—Virginia Thomas

Cybersecurity becomes boutique industry cluster in Spokane

Startups, remote staff increase presence as colleges prep workforce
November 17, 2022
Virginia Thomas
The Inland Northwest has become a minor hub for cybersecurity and is poised for further growth and recognition in the field as regional universities create programs for future cybersecurity workers, some experts in the field here say.
Read More
—Erica Bullock

Innovation on the horizon: Ag tech company Qualterra expands its operations into Spokane County

Pullman company to start research farm near Spangle
November 17, 2022
Erica Bullock
Nearly a year after Pullman, Washington-based NuPhy Inc. acquired Spokane-based Ag Energy Solutions Inc., the company's expansion plans have brought operations into Spokane County under a new company name, Qualterra Inc.
Read More
—Karina Elias

Health care insurance rates soar in Spokane

Small businesses hit with double-digit hikes in some instances
November 17, 2022
Karina Elias
Small employers in Washington state face double-digit increases in health-care insurance rates for 2023, in some cases.
Read More

VOA could close Hope House women's shelter

Nonprofit cites lack of funding; affordable housing units in building will remain open
November 8, 2022
Virginia Thomas
Volunteers of America of Eastern Washington & North Idaho will close its Hope House women's shelter in downtown Spokane at the end of January due to a lack of funding.
Read More

Residence halls designed to help students succeed

Efficiently packed dorms are replaced by centers that emphasize well-being
November 3, 2022
Jeff Hyslop and Rob Kuffel
Living on a college campus is no longer just about a place to sleep between classes. Dormitories, once celebrated for their ability to pack students together efficiently, have been replaced by residence halls.
Read More

Downturn might be good time for Roth conversion

Bear market may make tax trade-off worthwhile
November 3, 2022
Rick Biel
One silver lining in the current bear market is that this could be a good time to convert assets from a traditional individual retirement account to a Roth IRA.
Read More

It's time to prepare for rising cost of borrowing

Higher interest rates can affect consumer behavior
November 3, 2022
Joseph Lanham
The Federal Reserve is expected to continue raising interest rates to counteract inflation. The prospect of rising rates may seem daunting for small business owners, but the reality so far may have been less worrisome.
Read More

Emotion can be inverse sign of next market trend

Daily headlines shouldn't shake long-term strategy
November 3, 2022
Michael Maehl
Last time we had a bad market was almost 15 years ago. And here we are again. The year 2022 may be known for more than just the size of the losses in the stock market. According to Morningstar, this may be the first time that all 20 types of taxable bond
Read More

SNAP commercial loan volume on track for record year

Organization hasn't recorded any defaults in past two years,financial stability director says
November 3, 2022
Erica Bullock
Increased demand for financial assistance at SNAP Financial Access led to a record $1.1 million in loans last year. This year, another record volume is within reach, says Karen Campbell, the organization's director of financial stability.
Read More
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