Special Report

Gold loses luster as hedge against market dip, inflation

Precious metal prices haven't rallied as some had thought they would during a bear market
Michael Maehl
It's no fun paying up for essential goods and services, but what's mostly overlooked is the fact that many people will buy them regardless of price. So they may be suffering from inflation, but by paying much higher prices for discretionary purchases,
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Earnings fall at many banks with Spokane presence

Some institutions blame lack of PPP funds; others fault rising interest rates
Virginia Thomas
More than half of the banks with a presence in the Spokane area report a decrease in earnings for the second quarter of this year. Of 13 institutions with readily available earnings reports that have at least one branch in Spokane County, eight saw second
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Karina Elias

Young Spokane fintech Haploos goes public (sector)

Virtual credit card maker receives approval from federal agencies
Karina Elias
Spokane-based fintech company Haploos Inc. has received clearances from three federal government departments that company CEO Josh Arritola hopes will open up new markets for its virtual credit card. This spring, the U.S. Department of Housing and Urban
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Misery Index regains relevance

Nearly forgotten index returns with climbing inflation, other challenges
Erica Bullock
Fifty years ago, the U.S. economy was facing a combination of high inflation and unemployment, which brought about the creation of the misery index. Used to help measure general economic distress felt by the average citizen, the misery index originally
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Chronic optimism is rational opinion on stocks

Markets said efficient over time, inevitably rebound to new highs
Dave Gordon
As I write this, the U.S. stock market is off by the largest amount since the COVID bottom. The fear index watched by many on Wall Street is currently 'extremely high.” And it just seems the market's current momentum is down. I've been doing this
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—Karina Elias

Learning the publishing business in retirement

Some Spokane seniors intend to supplement income through writing
Karina Elias
This year, Stephen Lalonde, a retired high school teacher, published his fifth book, 'Anissi,” the final in a trilogy for which he says had a waiting list of people ready to purchase it. He is 72 years old.
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Most near retirement have time for market return

Quality investment mix can provide income tailored to savers' needs
Michael Maehl
You've worked diligently and saved and invested for retirement. You put in 40 to 60 hours per week for a whole lot of years. Now, at long last, you'll get to kick back and do whatever pastimes you enjoy.
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—Mike McLean

Numerica Credit Union branch to be built at Five Mile

Four houses on project site will be relocated
Karina Elias
Spokane-Valley based Numerica Credit Union plans to build a new branch at 6281 N. Maple Street, south of W. Francis, near the Five Mile Shopping Center, says, Licia LeGrant, an architect with Bernardo|Wills Architects PC, of Spokane, which is designing
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