Silicon Valley private equity firm Oval Partners has acquired a stake in Newport, Washington-based managed-service provider Exbabylon IT Solutions. In the transaction, which the companies characterize as a partnership, Exbabylon will have access to

A delay in launching a state-run, long-term care insurance program has brought private insurance carriers back into the Washington market. Signed into law last April, the Long-Term Services and Supports Trust Act, also known as the Washington Cares

Bankers in Spokane haven't noticed a sharp change in behavior from prospective borrowers, panicked by the looming threat of rising interest rates set to occur in 2022, but say they are keeping a constant eye on rising rates and anticipating the needs

Some real estate professionals here say anticipated increases in mortgage interest rates this year could price median-income homebuyers out of the market, while others say they don't anticipate immediate widespread disruption in the current market.

To serve minority-owned businesses seeking commercial loans more equitably, financial institutions should update lending guidelines, increase awareness of available loans, and serve in a mentorship capacity, some business owners and community observers

Liberty Mutual Insurance Co. plans to shed more than 100,000 square feet of office space in Liberty Lake this year as a portion of the company's 1,150-person workforce here shifts to working from home permanently.