Tuesday, February 27, 2024
Business News

Major strikes in 2023 set 20-year record, Labor Department says

American workers led 33 major strikes in 2023, the most in more than two decades, the Labor Department reported Wednesday, as a booming labor market fueled a strong year of activity for unions. …

U.S. consumer sentiment increases for a third straight month

(Bloomberg) -- US consumer sentiment improved for a third month in February as Americans grew more optimistic about the outlook for the economy and inflation. The sentiment index edged up 0.6 …

WENATCHEE - The Wenatchee Valley College (WVC) Foundation is hosting a Business After Hours networking event at the WVC Music and Art Center (MAC) from 5:00 – 7:00 p.m. on Feb. 29. This event …

Wall Street caught off guard by ‘sticky’ CPI signs

Wall Street got a reality check on Tuesday, with hotter-than-estimated inflation data triggering a slide in both stocks and bonds. Equities pushed away from their all-time highs as the consumer …

Inflation eased further in January as Fed weighs when to cut rates

The path to getting inflation down has not been steady. On Tuesday, another bump got in the way. Fresh data from the Bureau of Labor Statistics showed prices rose 3.1 percent in January compared …

AI companies agree to limit election ‘deepfakes’ but fall short of ban

SAN FRANCISCO - Leading artificial intelligence companies are planning to sign an “accord” committing to developing tech to identify, label and control AI-generated images, videos and …

U.S. CPI revisions confirm inflation progress at end of last year

(Bloomberg) -- US inflation was about the same at the end of last year as initially reported after incorporating annual revisions, according to new data published Friday. Consumer prices …

Boeing’s next crisis: Aerospace workers demanding 40% pay raise

(Bloomberg) -- Boeing Co. executives have spent the past month grappling with the aftermath of a near-catastrophe on an airborne 737 Max jet. As the US planemaker works through its latest crisis tied …

If it’s broke, fix it – Waste Loop will show you how

LEAVENWORTH – Don’t throw away that broken blender or those torn jeans just yet. Waste Loop might be able to help. The nonprofit is bringing back Repair Cafes starting at the end of the …

Washington gas prices slightly rise

WASHINGTON - Average gasoline prices in Washington have seen a slight increase of 0.5 cents per gallon over the past week, with the current average at $3.88 per gallon, as reported by GasBuddy's …

Artificial Intelligence (AI) has been at the forefront of many national and state-level conversations over the last year, but the launch of a new resource in January is noteworthy for community …

Brookside Funeral Home & Crematory opens new location in Wenatchee

Brookside Funeral Home & Crematory announced the opening of its new location in Wenatchee on January 1, 2024. Expanding from its Ellensburg and Yakima bases, Brookside aims to address the growing …

Brewster Bait & Tackle evolves with sportfishing crowd

The key to business success is often finding a niche idea, nurturing it, and following each progressive development as it leads to the opportunities that customers and markets demand. Such has …

CASHMERE - With sustainability, affordability, and community in mind, some businesses in the Upper Valley are ditching the traditional linear economy model of take, make, and dispose and adopting circular economy practices, such as reuse and repair.

In the heart of downtown Leavenworth, new shop owners create a respite from the crowds

The shops on the downstairs floor of 217 9th Street in downtown Leavenworth are not an easy find for the untrained eye. For new shop owners Sara Jones and Desiree Stein , that’s preferred. …

Community Foundation Seeking Nominations for Excellence in Community Philanthropy Award

The Community Foundation of NCW is seeking nominations for the Robert L White Excellence in Community Philanthropy Award for Professional Advisors in Chelan, Douglas, and Okanogan Counties. Last …

Consumer Price Index climbs in December, marking continued economic pressure

The Consumer Price Index for All Urban Consumers (CPI-U) witnessed a 0.3 percent increase in December, a notable rise from November's 0.1 percent, as the U.S. Bureau of Labor Statistics reported. …

Washington maintains steady job openings in November amid national labor trends

The U.S. Bureau of Labor Statistics released its latest report, revealing that job openings in Washington state held steady in November 2023, with 172,000 positions available, mirroring the figures …

Western land values navigate economic uncertainties

In a landscape marked by high-interest rates, fluctuating farm incomes, and evolving water regulations, land values in the Western United States exhibit a complex pattern of stability and change. …

Tsillan Cellars Winery achieves success in San Francisco Chronicle wine competition

The 2024 San Francisco Chronicle Wine Competition, the largest wine competition in the United States, recently concluded in San Francisco, featuring over 5,500 wines from 1,000 wineries. Tsillan …

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