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Latest News

Commercial valuations set new record in Spokane County

Multifamily property sales said to lead sector in higher assessments
October 6, 2022
Erica Bullock
Spokane County's assessed property values for new construction this year are $300 million higher than in 2021, fueled by climbing construction-related costs for materials and labor, says Spokane County Assessor Tom Konis.
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Parting Thoughts with Visit Spokane's Meg Winchester

~
October 6, 2022
Karina Elias
Meg Winchester, president and CEO of Visit Spokane, has announced her retirement effective Jan. 1. Winchester joined Visit Spokane in 2019 after nearly 10 years of serving as the director of the Galveston Island Convention and Visitors Bureau, in Galvest
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—Virginia Thomas

Demand for electric vehicles is high as supply woes persist

Delivery delays frustrate dealerships, customers in the Inland Northwest
October 6, 2022
Virginia Thomas
Demand for electric vehicles is high, but some new vehicle dealers here say supply issues stemming from parts shortages and transportation logistics obstacles mean many customers are preordering a vehicle that will take up to a year to be deliver
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Inland Northwest title companies lean into headwinds

Industry leaders say downturn is inevitable, make moves to secure greater market share
October 6, 2022
Erica Bullock
Business for title insurance companies is down this year, caused by declining numbers of purchase and refinance transactions, representatives of title companies here say.
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Finding Fraudsters: Strike force recoups $3.5M in fraudulently obtained PPP funds

Prosecutors say they aren't done yet
October 6, 2022
Virginia Thomas
The office of the U.S. attorney for Eastern Washington has indicted suspects in 10 cases of fraud related to the Paycheck Protection Program since it established a COVID-19 fraud strike force in February.
Read More
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Vega Cloud completes $9M funding round

Liberty Lake company to scale up cloud-storage optimization efforts
September 28, 2022
Staff Report
Liberty Lake Cloud Inc., which does business as Vega Cloud, has completed a $9 million funding round, the company announced this afternoon.
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—Virginia Thomas

Exchange-traded funds grow in popularity for some investors

Few 401(k) plans include pooled investment security
September 22, 2022
Virginia Thomas
Exchange-traded funds are growing in popularity as a part of some retirement strategies, despite a general lack of ETFs in 401(k) plans, some financial advisers here say. Dustin Allbery, vice president of operations at Northwest Planning Inc.
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Prepare for savings adjustments in retirement years

Retaining some stocks can help hedge inflation
September 22, 2022
Michael Maehl
Capital One Group recently surveyed 1,005 adults for its Financial Freedom Study. In the questions regarding retirement issues, the responses suggest that, apparently, it's not a major thing for most pre-retirees. Here's some of what they found.
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Market pullback expected; current downturn isn't historic

Stimulus fueled demand, triggered Fed's actions to curb rise in inflation
September 22, 2022
Staff Report
Market pullbacks are never easy, especially if you are retired and depend on your investments to generate income to pay your expenses. For so many people, this market pullback is especially difficult.
Read More

Guest Commentary: Methane from landfills can become source of electricity

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September 22, 2022
Don Brunell
If you live in Spokane, you know about its waste-to-energy facility, which burns up to 800 tons of solid waste a day and can generate 22 megawatts of electricity-enough to power 13,000 homes. It is part of Spokane's overall system that encourages
Read More
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