Lynnwood's City Bank says it was reprimanded by FDIC For the third time this year, a Snohomish County-based community bank has been reprimanded by the federal government. [More] Michelle Dunlop
Herald Writer | July 2 Boeing has single net jet order through first half of 2009 Through the first half of 2009, Boeing has lost almost as many orders as it has received new ones. The jet maker has a single net order through the end of June, according to the company’s orders and deliveries Web page updated Thursday. [More] Michelle Dunlop
Herald Writer | July 2 467,000 jobs cut in June; jobless rate at 9.5 percent WASHINGTON — Employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 percent. Workers also saw weekly wages fall, suggesting Americans will have little appetite to spend and the... [More] By Jeannine Aversa
Associated Press | July 2 Scams preying on economic fears targeted by feds WASHINGTON -- The Federal Trade Commission announced a major crackdown Wednesday on scammers trying to take advantage of people worried about the tough economy by promising jobs that don't exist, get-rich-quick schemes, debt-reduction scams and... [More] Associated Press | July 2 June auto sales numbers
show signs of stabilization DETROIT -- U.S. car and truck sales showed signs of stabilizing in June after a year of sharp declines, but every major automaker except Honda Motor Co. reported lower sales than in May. [More] Associated Press | July 2 Jackson displayed folly of overspending on epic scale Long before his death, we heard more about Michael Jackson's financial troubles than his incredible music. [More] By Michelle Singletary
Washington Post columnist | July 2 Office bullies thrive in recession The recession is creating a blank check for office bullies, said Gary Namie, director of the Workplace Bullying Institute, an advocacy group. The "absolute control of an employer is more apparent in a recession," he said. [More] July 2 Credit debt writeoffs continue rise Credit card reform may be looming in the headlines, but for now the fine print is still hitting consumers hard. Banks keep raising minimum payments, interest rates and fees, continuing the credit tightening that began last year, even as cardholders... [More] July 2