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Job market is hot, but here's where layoffs keep coming

Job cuts in tech and retail follow a massive ramp-up in hiring during the COVID-19 pandemic — when people spent more time and money online. Now, many companies are reducing headcounts to help lower costs.

Fed's preferred inflation gauge picked up in January

By CHRISTOPHER RUGABER

An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month.


Vacant Fremont offices find full-building tenant

By BRIAN MILLER

Hess Callahan Grey Group can breathe a sigh of relief. After the rapidly shrinking Tableau exited its three-story West Dock building, at 437 N. 34th St. in Fremont, those 52,000 square feet only added to a post-pandemic glut of office space.

Business center sells for over $10M

By JOURNAL STAFF

The Beverly Park Business Center, 12424-12512 Beverly Park Road, recently sold for almost $10.4 million, according to Snohomish County records.


Crown Hill bank trades for $6M

By JOURNAL STAFF

A Bank of America branch at 8550 15th Ave. N.W. sold for a little over $6 million, according to King County records.


Hines crafts its own room fragrance

By JOURNAL STAFF

Commercial real estate company Hines has developed a new signature room scent, which it plans to roll out in its offices and select apartment and office buildings around the U.S.


Community Roots expands services

By JOURNAL STAFF

Nonprofit affordable housing developer Community Roots Housing announced it will begin offering resident services on-site in six of its buildings.


Health care hack delays prescriptions

A massive U.S. health care technology company says it was attacked by the ransomware group ALPHV, also known as Blackcat.


Security flaws found in doorbell cameras

Consumer Reports says some doorbell cameras sold by Amazon and other online retailers have security flaws that could allow bad actors to view footage from the devices or control them completely.


Mortgage rate rises to 6.94%

The average long-term U.S. mortgage rate rose for the fourth week in a row, another affordability setback for prospective homebuyers just as the spring homebuying season gets going.


More records fall as stocks close out month

By STAN CHOE

In the bond market, yields eased after a closely followed inflation report showed prices across the country rose pretty much as expected last month. That calmed worries that had built on Wall Street that the inflation data could show a discomforting reacceleration. Earlier reports had shown prices rose more than expected in January at both the consumer and wholesale levels.


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