Big cities lost population early in COVID pandemic

<p><p>Ko Im always thought she would live in New York forever. She knew every corner of Manhattan and had worked hard to build a community of friends.</p></p><p><p>Living in a small apartment, she found her attitude shifting early in the coronavirus pandemic. After her brother accepted a job in Seattle in the summer of 2020, she…Continue Reading

Pay for female CEOs rose 26% in 2021, but ranks remain small

<p><p>NEW YORK – Pay packages for the women who run S&amp;P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared.</p></p><p><p>Median pay for the women occupying the corner office rose to nearly $16 million, according to the annual survey done by Equilar for the Associated Press.</p></p><p><p>Still, experts say there’s much…Continue Reading

Worry about stagflation, a flashback to '70s, begins to grow

<p><p>WASHINGTON – Stagflation. It was the dreaded “S word” of the 1970s.</p></p><p><p>For Americans of a certain age, it conjures memories of painfully long lines at gas stations, shuttered factories and President Gerald Ford’s much-ridiculed “Whip Inflation Now” buttons.</p></p><p><p>Stagflation is the bitterest of economic pills: High inflation mixes with a weak job market to cause a…Continue Reading

Fire damages old North Side Lowe's building

<p><p>An early morning fire damaged the old Lowe’s building on Spokane’s North Side Thursday. </p></p><p><p>Reports of a fire at the building, 6902 N. Division St., came in at about 2:20 a.m., the Spokane Fire Department said in a news release. </p></p><p><p>Spokane Fire crews along with firefighters from Spokane County Fire District 9 responded within minutes to find security…Continue Reading

More Memorial Day travel expected, despite high gas prices

<p><p>LOS ANGELES — To drive, or not to drive? This Memorial Day weekend, with surging gas prices that are redefining pain at the pump, that is the question for many Americans as a new COVID-19 surge also spreads across the country.</p></p><p><p>For Marvin Harper, of Phoenix, his family’s weekend travel plans are a double punch to the…Continue Reading

Early morning kitchen fire leaves resident with significant burns

<p><p>An early morning kitchen fire left the resident of a South Hill home with significant burns. </p></p><p><p>A neighbor reported smoke coming from a home on the 800 block of East 33rd Avenue, according to a news release from the Spokane Fire Department. Firefighters were dispatched just before 7 a.m. Thursday. </p></p><p><p>Crews arrived to find a fire in…Continue Reading

Macy's raises annual profit outlook on strong Q1 results

<p><p>NEW YORK — Shoppers’ return to occasion dressing helped to power Macy’s fiscal first-quarter results, and the department store chain raised its annual earnings outlook even as surging inflation is crimping Americans’ budgets.</p></p><p><p>The performance, announced Thursday, was among the few bright spots in a pile of reports from retailers that showed the impact of rising…Continue Reading

Stocks rise broadly on gains from retailers including Macy's

<p><p>NEW YORK — Stocks rose broadly in morning trading on Wall Street Thursday as investors cheered a strong set of quarterly results from Macy’s and other retailers.</p></p><p><p>The S&amp;P 500 rose 1.3% as of 10:11 a.m. Eastern and is solidly in the green for the week following a choppy few days of trading.</p></p><p><p>The Dow Jones Industrial…Continue Reading

Big tech deals keep coming: Broadcom buys VMware for $61B

<p><p>Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising inflation and economic uncertainty.</p></p><p><p>The proposed deal comes just weeks after billionaire and Tesla CEO Elon Musk offered to spend $44 billion on Twitter and…Continue Reading