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A record of car buyers are underwater and turning to 84 month loans, April marks historically good in stock market, jobless claims decrease, Idaho leads the way on affordable housing development, Q1 GDP growth reported at 2%, Washington Gov fined $4k for ethics violation, Amazon considering rebooting ‘The Apprentice’
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PNW Market Look
As of market close 4.30.26
Aaon, parent company to Redmond, OR based Basx, up nearly 8% on the day (yahoo)
Headline Roundup
US weekly jobless claims decrease as labor market conditions remain stable (Reuters)
U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook (AP)
Three shutdowns later, Trump signs bill that finishes funding the government (IDS)
Kraemer picked for Grand Connection Crossing over I-405 (DJC)
Central Oregon town named best place in the state to retire (SJ)
Seattle leads all U.S. cities in bike commuting with 3.3M miles logged last year (KIRO)
Idaho’s Big Housing Breakthrough Year (SL)
Tigard officials urge bond for $150 million public safety building (ORL)
Meridian OKs 70-acre annexation of sought-after farmland. Here’s what to know (IDS)
Portland mayor proposes $100K grants to spur new grocery stores (ORL)
Idaho's far-reaching private property rights law brings changes to law enforcement action (IDP)
‘An impossible choice’: Trans Idahoans file lawsuit over bathroom ban (IDS)
Amazon says it’s the 2nd-largest grocer in U.S. (ST)
WA Gov. Ferguson agrees to $4,000 settlement in ethics probe (ST)
nLight growing in Italy to bring drone-killing lasers to Europe (PBJ)
Bankruptcy court orders Portland scrapyard owner to surrender property amid DEQ investigation (KPTV)
US says first refunds from Trump tariffs expected around May 11 (Ground)
Missoula tourism bureau to send $100K to UM to boost athletics, promote tourism (Missoulian)
Intel’s stock more than doubles in April for best month in chipmaker’s 55 years on Nasdaq (CNBC)
Microsoft puts $900 million price tag on buyouts for thousands of workers (PBJ)
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Community Highlight
Go By Bike Day: Sunday, May 3, 2026 • 12-7 PM (OS)
Rip’s Spotlight
Plan to sweep $4B from WA police and firefighter pension fund spurs lawsuit (KUOW)
“Retired police officers and firefighters in Washington, including former Congressman Dave Reichert, sued the state Thursday to block an attempt to raid their pension fund to help with ongoing budget shortfalls.
The retired first responders argue the maneuver leaves their pensions vulnerable to market downturns and is unconstitutional.
The new law, signed this month by Gov. Bob Ferguson, terminates the overfunded pension account at the end of June 2029. It would then reinstate the fund, leaving 110% of what the state expects to owe its members. As of June 2024, the fund was 160% funded. By 2029, it’s expected to reach more than 200%.
This move is expected to sweep nearly $4 billion from the Law Enforcement Officers’ and Firefighters’ System Plan 1, or LEOFF 1, with that surplus put into a separate pot where it could potentially cover general state expenses.”
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