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U.S. wholesale prices up 0.4 percent in November

Tue., Dec. 12, 2017, 12:14 p.m.

he biggest annual jump in nearly six years in prices at the wholesale level reflected a big spike in the price of gasoline and other energy products. (Associated Press)
WASHINGTON – Prices at the wholesale level rose 0.4 percent in November and 3.1 percent over the past year. It was the biggest annual jump in nearly six years and reflected a big spike in the price of gasoline and other energy products. Last month’s increase in the producer price index, which measures inflation pressures before they reach the consumer, marked the third straight month that wholesale prices have risen by 0.4 percent, the Labor Department reported Tuesday. The 3.1 percent rise from November 2016 was the biggest 12-month gain since a matching 3.1 percent increase for the 12 months ending in January 2012.

U.S. stock indexes mostly higher in early trade; oil falls

UPDATED: Tue., Dec. 12, 2017, 8:35 a.m.

In this Oct. 8, 2014, file photo, people walk to work on Wall Street beneath a statue of George Washington, in New York. (Mark Lennihan / Associated Press)
U.S. stocks edged mostly higher in early trading Tuesday as investors sized up the latest company earnings and deal news. Gains by banks and health care companies outweighed losses among technology companies. Energy stocks also declined as the price of crude oil headed lower.

Comcast reportedly no longer in deal talks with Fox

Mon., Dec. 11, 2017, 5:22 p.m.

A sign outside the Comcast Center in Philadelphia. (Associated Press)
Citing a Comcast statement, the Wall Street Journal reported that the cable company is no longer in discussions to buy pieces of 21st Century Fox . That could open the door to a Disney bid.

Microsoft to fund climate technology

Mon., Dec. 11, 2017, 5:16 p.m.

 (Associated Press)
Microsoft announced Monday that it would invest $50 million in a program that provides cloud-computing services and other resources to organizations working on climate change and environmental technology.

Spokane-area’s strong home-buying streak continues in November

UPDATED: Tue., Dec. 12, 2017, 11:55 a.m.

A home is shown for sale in the Manito Park neighborhood earlier this year. (Jesse Tinsley / The Spokesman-Review)
Spokane-area home sales continued at a strong pace in November, benefiting from mild temperatures and the lack of significant snowfall. Strong demand for homes and inventory shortages will continue in 2018, a Spokane Association of Realtors spokeswoman said.

Talk of a bubble intensifies as price of bitcoin soars

UPDATED: Mon., Dec. 11, 2017, 6:32 p.m.

This Friday, Dec. 8, 2017, photo shows the Chicago Board Options Exchange website announcing that bitcoin futures will start trading on the CBOE on Sunday evening, Dec. 10. (Kiichiro Sato / Associated Press)
That rocketing level of bitcoin appreciation smells a lot like an irrational investor mania to many economists and financial pros, the kind that sent prices for unprofitable startup internet companies soaring in the dot-com boom. Those prices eventually came crashing down.

Soon you can watch the NFL free on your phone on Yahoo

Mon., Dec. 11, 2017, 12:01 p.m.

FILE - In this Dec. 15, 2016, file photo, the Yahoo logo appears on a smartphone in Frankfurt, Germany. Soon anyone will be able to download Yahoos app and watch football games on the go. (Michael Probst / Associated Press)
Watching NFL football games on your phone used to be mainly limited to Verizon customers. Soon anyone will be able to watch football games on the go for free on Yahoo’s app, now that Verizon owns Yahoo.

Front & Center: North Central counselor Mary True

UPDATED: Sun., Dec. 10, 2017, 2:20 p.m.

Mary True, a college and career readiness counselor at North Central High School, has worked in education for almost 40 years. (Colin Mulvany / The Spokesman-Review)
During almost 40 years in education, Mary True has amassed her share of certifications, including principal credentials. “I thought maybe I’d go into administration,” she recalled. “But that just wasn’t in the cards for me. The interviews didn’t go well for whatever reason.

BBB Tip of the Week: Five ways to avoid fake websites and apps

Sun., Dec. 10, 2017

Time and money seem to be two things we always need more of, especially during the holidays. Scammers know consumers are making purchases faster than ever and they want to take advantage of hurried online shoppers. Better Business Bureau reminds consumers to be diligent when shopping online so phony sites and fake apps don’t ruin the holidays. During the 2016 holiday season, Washington victims reported losing nearly $48,000 to 137 online purchase scams. Recently, there has been an uptick in reports to Scam Tracker. The phony sites look more and more real, offer huge discounts, and some even include a logo, products and may even use the brand name in the URL. It is good to know the red flags. Even during great holiday sales, if it sounds too good to be true, it could be a scam.

Business Beat

Sun., Dec. 10, 2017

Education Gonzaga University’s parent and family office has been recognized for its student leader training program by the National Orientation Directors Association.

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