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Banking & Finance

Former Woodbury adviser pleads guilty to investment fraud

Ronald Hannes sentenced to repay over $3M restitution
February 29, 2024
Erica Bullock

Former investment adviser Ronald W. Hannes has been sentenced to five years of probation and is required to pay restitution of $3.18 million.


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AI, labor shift, strategic partners to shape 2024

Business leaders should prep for opportunities in current, emerging trends
February 29, 2024
Kurt Walsdorf

The new year provides business owners with an opportunity to review their operations and industry best practices.


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Insurance rate mayhem: Rates soar following years of modest gains

More claims, increased costs lead to double-digit hikes, with some insurers pulling back
February 29, 2024
Karina Elias

Insurance rates for property and auto premiums have risen by double digits in the past year, brought on by higher volume of claims, the higher cost to repair and rebuild, and the increased frequency of extreme weather events with significant damage or loss 


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City looks to raise awareness of tax credit

New Market program hasn't been used in Spokane since 2011
February 15, 2024
Dylan Harris

A city of Spokane event aims educate the community and spread awareness about the federal New Markets Tax Credit program.


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Proposed legislation to compel more retirement savings

To be called Washington Saves, state-run IRA draws some private-sector concerns
February 15, 2024
Dylan Harris

Washington Saves program aims to address lack of retirement savings for many Washingtonians.


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Startup investment landscape seeks post-pandemic balance

INW startup observers are hopeful for 2024 after strong start to year
February 15, 2024
Karina Elias

Venture capitalists are now being diligent and patient with prospective investments following the early COVID years in which the markets were infused with surplus capital.


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Emotion, inflation woes can hinder retirement plans

Underestimating lifespan also may imperil savings
February 15, 2024
Dave Gordon

For those who save well and eventually make work optional, the battle may be to keep up over time with the rising cost of living.



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Roth IRAs may benefit more retirement savers

SECURE Act increases tax bills for some heirs
February 15, 2024
Beau Ruff

Advantages may be growing for more people to saving through Roth individual retirement accounts rather than traditional IRAs.


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Numerica develops manufactured home loan program

Low-income housing program to install 10 homes over two years
February 1, 2024
Karina Elias

Numerica Credit Union has created an affordable loan program for manufactured homes that will be installed over the next two years at Takesa Village, in Mead. 


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'Sails' should catch wind rather than chase it

Investing through emotion is prone to recency bias, inefficient market timing
February 1, 2024
Tim Mitrovich

When it comes to investing in the markets, it's easy to feel like there must be a problem with the boat when you aren’t moving as you had hoped, but more often than not, it's just a temporary environment.

 




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