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Saturday, February 16, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: bonds

UPDATED: Mon., Sept. 10, 2018, 10:21 p.m.

City Council passes resolution supporting multimillion dollar library and school bonds

The Spokane City Council threw its support Monday behind two propositions which will ask voters in November to fund millions in school and library construction.

In one Washington state immigration court, bonds are among the highest in the country and asylum is granted less often

Judges in Tacoma’s immigration court denied bond to seven parents separated from their children. When other parents were released, their bonds often ran higher than elsewhere. Why? “It’s arbitrary,” but …

Cost of legislative inaction mounts

Those who are annoyed need to speak up and let legislators know adjourning before getting the job done is unacceptable.

Fed announces a start to modestly reducing its bond holdings

The Federal Reserve will begin shrinking the enormous portfolio of bonds it amassed after the 2008 financial crisis to try to sustain a frail economy. The move reflects a strengthened …

UPDATED: Wed., Aug. 9, 2017, 5:30 p.m.

Fed official supports September start for bond reductions, predicts December rate increase

A member of the Federal Reserve’s interest-setting committee said Wednesday it would be appropriate for the central bank to announce next month that it will begin trimming its $4.5 trillion …

Samuelson: Fed chair walks political tightrope

It’s hard to imagine President Trump reappointing her if she can’t navigate the Fed through the approaching shoals.

UPDATED: Thu., June 15, 2017, 7:33 p.m.

This is peak investing: Stocks, bonds and concerns are up

If it feels precarious to have so many investments doing so well, particularly when the economy itself is still growing only modestly, markets are giving few indications of worry.

UPDATED: Wed., June 14, 2017, 3:45 p.m.

Fed raises key rate, unveils plan to reduce bond holdings

The Federal Reserve has raised its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. The Fed …

SEC probes rental home values in private-equity bond deals

U.S. securities regulators are investigating whether bonds backed by single-family rental homes and sold by Wall Street’s biggest residential landlords used overvalued property assessments.

Dow passes 21,000, dollar jumps as rate hike looms

The Dow Jones Industrial Average surged 300 points to top 21,000 for the first time, the dollar advanced and Treasuries fell as investors grew increasingly confident global economic growth is …

Bill would lower supermajority requirement for Idaho bonds

The threshold for approving municipality and school bonds would be lowered slightly under a new proposal recently introduced in the Idaho Statehouse.

Spokane County saves millions by refinancing bonds for wastewater treatment system

Spokane County officials have saved more than $7 million by refinancing bonds that the county sold in 2009 to pay for its wastewater treatment system.

Ford said to issue $2 billion in auto debt for tech spending

Ford plans to issue about $2 billion in debt, the company’s first automotive borrowing in almost four years, as it boosts spending on self-driving cars, mobility services and electrified vehicles.

Fed rate-hike odds approach 100 percent in Anticipation of Trump

Analysts spent early November warning a Trump victory in the U.S. presidential election would make the Federal Reserve less likely to raise interest rates. What happened instead is that it …

Christian school hopes to buy old University High School

The old University High School building is for sale after a flurry of school construction, remodeling and relocation in the Central Valley School district, and a small Christian school hopes …

Bonds plunge by $1 trillion this week as Trump seen as game changer

More than $1 trillion was wiped off the value of bonds around the world this week as U.S. President-elect Donald Trump’s policies are seen boosting spending and quickening inflation.

Global money is fleeing Japan stocks at fastest pace since 1987

After dumping their Tokyo stock holdings for four of the past five months, foreigners are on track for their biggest annual exodus since 1987. Back then, they were fleeing bubbly …

Liberty Lake, Airway Heights asking for bonds to build recreation centers

Airway Heights and Liberty Lake residents will soon vote on $25 million worth of construction bond measures. Airway Heights voters will decide on $13 million recreation center, and voters in …

Record-low U.S. Treasury yield points to rising economic fears

Fear and uncertainty about the global economy are leading investors to embrace the relative safety of U.S. government debt and slashing yields to record lows.

Pending home sales hit highest level since 2006

Americans signed more contracts to buy homes in April for the third straight month, driving pending home sales to the highest level in more than a decade.

Average 30-year mortgage rate ticks up to 3.58 percent

Long-term U.S. mortgage rates were little changed this week at or near their lows for the year.

Puerto Rico skips bond payments, says Congress must help

Puerto Rican officials say the island’s default on a $422 million bond payment is only the beginning if the U.S. Congress doesn’t help resolve the situation soon.

Froma Harrop: Puerto Rico offers lesson in risk

Turning the language around, the big financial interests are now calling the bankruptcy route a “bailout.”

Moody’s puts Mexico on ‘negative’ outlook, keeps A3 rating

Moody’s credit rating agency has changed the outlook for Mexico’s debt rating to negative from stable, citing low oil prices and slow economic growth.

Bond money fuels school construction in Central Valley

The renovation of the old Yoke’s supermarket on 16 N. Progress Road prompted a complicated game of musical schools in the Central Valley School District. The renovations, as well as …

Fed voices concern about global economic pressures

The Federal Reserve is keeping a key interest rate unchanged while pledging to closely monitor developments in the global economy and financial markets.

Election Preview: Proposed Liberty School District bond to pay for infrastructure renovations

The Liberty School District is hoping to pass a $12.9 million bond this November to replace aging equipment.

Orchard Prairie School District, taxpayers wrestle with financial realities of preserving rural benefits

Plenty of room for her twin boys to play and a small rural school drew Teri Tucker from Spokane’s South Hill to the pastoral Orchard Prairie. “It was the lifestyle …

Nine Mile Falls, Cheney school districts try again on bonds

Voters in the Cheney and Nine Mile Falls school districts will be asked a second time to approve construction bonds for major renovations in their high schools. Both districts proposed …

Tax exemption puts Spokane and county at odds

When city leaders encouraged Spokane voters to pass last year’s street levy, they promised that existing property tax rates wouldn’t change. Now that promise is in jeopardy.