Spokane Journal of Business

Local News > Finance

1,400-plus organizations seek share of $10 million in CARES Act funds

More than 1,400 small businesses and nonprofits have sought a sliver of $10 million in federal funds made available in Spokane County. Those organizations, which have applied for nonprofit grants through the county’s OpenTogether Small Business...

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Spokane homeowners leave money in bank for now

Despite layoffs and wage reductions, industry observers say homeowners are avoiding using the ...

Low rates drive surge in mortgage, refinance activity in Spokane

Veteran Spokane bankers report strong mortgage growth largely in part due to existing homeowners ...

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Financial software company adds Spokane client

A Spokane Valley software company that caters to credit unions is returning to its roots with the ...

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Inland Northwest executive pay inches upward

Pre-pandemic executive pay increased by just 1% for executives at Inland Northwest-based publicly ...

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Socially distanced, socially conscious

Instead of canceling fundraising events, many Inland Northwest nonprofits have moved them into the digital realm. Donor participation in charity events is lower, but some nonprofits say they’re receiving nearly as many donations as in prior years from ...

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Some employers here make 401(k) adjustments

Americans already were struggling to save for retirement, and the pandemic has only made the situation worse, reports show. Local industry observers say, however, some Spokane employers largely have stayed on track with retirement plans, while others ...

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Salvation Army Spokane sees food requests soar

The Salvation Army Spokane distributed nearly 4 million pounds of food to individuals and families in need last year. As a result of temporary furloughs and permanent layoffs due to economic lockdown imposed in the state’s response to the COVID-19 ...

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Refugee Connection Spokane pivots services

Refugee Connections Spokane’s flexible setup left it well-positioned to pivot its services when the COVID-19 outbreak spread here, says Marijke Fakasiieiki, the nonprofit’s executive director. Over the past year, the organization, which was created ...

Public companies rebound with market

The seven publicly traded companies in the Spokane area rebounded from earlier volatility in the second quarter, according to an analysis by Spokane-based Hart Capital Management Inc. The overall composite value of the seven companies increased ...

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