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The national search for Nancy Guthrie enters third week, Washington tax revenue predicted $800M higher, reports of AI hallucinations with company data increasing, Oregon business bankruptcies ticking up, Costco launching app for cake and deli orders, snow fall back in the forecast.

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PNW Market Look

As of 2.16.26

Headline Roundup

  • Powerful Labor Leader Tells Lawmakers to Keep Their Hands Off Prevailing Wage Laws (WW)

  • Seattle Children's completes Odessa Brown Clinic expansion in the CD (DJC)

  • What does an $85M railroad merger have to do with Montana? (MTFP)

  • Montana State announces record spring enrollment of 16,373 students (HelenaIR)

  • Oregon strikes a frightening worker-to-job-opening imbalance (PBJ)

  • OHSU wins $3.3M federal grant to study psilocybin (PBJ)

  • What’s the Deal With: The cranes on Bellingham’s waterfront? (CascadiaDaily)

  • Hyatt executive chairman Pritzker steps down, cites 'terrible judgment' in Epstein ties (Ground)

  • ‘Absolutely good news’: WA financial outlook brightens as budget talks heat up (WSS)

  • (WA) Small business owners squeezed by Trump tariffs await Supreme Court decision (WSS)

  • Lawsuit: Amid health care worker shortage, Montana blocks out-of-state nursing students (Missoulian)

  • Oregon lawmakers consider adding 300+ acres into urban growth boundary for tech jobs (KOIN)

  • Lawsuit claims large Portland homeless service provider grossly mismanaged public funds (Katu)

  • Oregon business bankruptcies hit a 12-year high (ORLive)

  • A ‘gateway’ to the Greenbelt: Boise signs off on new West End hotel (IDStatesman)

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Rip’s Spotlight

Oregon bill rejecting some Trump tax cuts clears state Senate (OPB)

“The bill would sever Oregon’s tax code from three of the breaks included in H.R. 1. One offers a tax deduction for interest paid on loans for new cars. Another creates a tax exemption for profits made from selling the stocks of some kinds of private companies. The final – and largest – is a benefit allowing businesses that make big machinery purchases from immediately claiming tax deductions for all that equipment on their taxes.

SB 1507 would send some of the new money back to Oregon taxpayers. It would increase how much lower-income Oregon taxpayers can receive in their state Earned Income Tax Credit. That would cost about $26 million in the current budget.

The bill would also create a tax credit for new jobs that businesses create in Oregon, a move expected to cost roughly $4.5 million.

In total, the bill is expected to increase tax collections by $311.6 million in the current budget.”

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