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Special Report

—Staff photo by Linn Parish

Stability returns to Inland Northwest waterfront

Sales activity near lakes, rivers here so far this year mirrors 2012
August 29, 2013
Linn Parish
Once troubled waters surrounding the Inland Northwest waterfront real estate market have calmed, and current sales data suggests consistency has returned to that high-profile niche market.Realtors who market property say they're witnessing an in
Read More

Exploring U.S.'s lingering middle-class financial woes

Sociologist cites policy, well-being factors that could be partly to blame
August 15, 2013
News Wise
Since the mid-1980s, unrestrained household spending has damaged American family finances, despite the fact that globalization and technological change have caused consumer prices to fall widely, asserts a sociologist at Queens College in New York
Read More

Mortgage delinquency rate has risen

Early summer increase is typical, though more pronounced this year
August 15, 2013
The June Mortgage Monitor report released earlier this month by Jacksonville, Fla.-based Lender Processing Services found a nearly 10 percent spike in the national delinquency rate in a month-to-month comparison. The company's mortgage report in
Read More

'Unbanked' people might face health insurance hurdle

ACA calls for consumers receiving benefit to pay from checking accounts
August 15, 2013
News Wise
A new report co-authored by Vanderbilt University health policy expert Dr. John Graves, assistant professor of preventive medicine, has found that as many as a quarter of people eligible for subsidized health insurance under the Affordable Care Act
Read More

Sarbanes-Oxley rule fosters gender bias, expert asserts

Simple wording change urged to boost diversity on corporations' boards
August 15, 2013
News Wise
In 2002, the federal government mandated that corporate boards of directors include at least one audit committee financial expert to help avert future accounting scandals. The title and description of that position, however, might have an on of
Read More
—Photo courtesy of Whitworth University

Whitworth investment club set to explore equity world

Students entrusted with $100,000 in endowment money eye good returns
August 15, 2013
Kim Crompton
A student investment club formed at Whitworth University north of Spokane in April 2012 got its feet wet during the last school year and will become more fully immersed in the world of stock trading when the new academic year begins this club, the
Read More

Predicting public company bankruptcies said tougher

Financial statement data less helpful than 40 years ago, Stanford analysts say
August 15, 2013
Business Wire
With the second-quarter corporate earnings season nearly over, new research from theStanford University Graduate School of Businessexamines the usefulness of financial statement and market data for investors who want to ascertain the likelihood 1
Read More
—Rendering courtesy of ProSign Inc.

Numerica moves ahead with downtown branch-Art only

August 15, 2013
Spokane Valley-based Numerica Credit Union plans this fall to open a downtown Spokane branch in a 3,000-square-foot space on the ground floor of the former First National Bank Building, at 502 W. Riverside. The credit union plans to employ six at
Read More

Washington Federal eyes Spokane market entrance

After big branch acquisition, Seattle-based bank likely to pursue further expansion
August 15, 2013
Linn Parish
Washington Federal Inc.'s acquisition of 51 Bank of America branches will give the Seattle-based bank a presence in the Inland Northwest for the first time in its 96-year history.After it takes ownership of branches in small markets in Eastern a
Read More

Wheatland Bank launches wealth-management division

Spokane-based, 13-branch institution hires adviser to lead newly created unit
August 15, 2013
Wheatland Bank, of Spokane, says it has added wealth management services and has hired veteran financial adviser to lead the launch of the new business line.Newly created Wheatland Wealth Management is an in-house brokerage and financial of Bank
Read More
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