WASHINGTON, D.C. (CNN) – Treasury Secretary Janet Yellen said Monday that the U.S. could default on its debt as soon as June 1st if Congress doesn’t act soon. In a letter to House Speaker Kevin McCarthy, Yellen said the federal ...
ASHLAND, Ore. – The City of Ashland submitted its budget proposal for the next two fiscal years. The main priorities in the new budget, according to the city, include the city’s climate/energy action plan and reducing wildfire risk. The budget ...
Author: Devon Haskins (KGW) PORTLAND, Ore. (KGW) — If you’ve filled up your gas or diesel-powered car recently, you’ve likely seen those prices rise since that last fill-up. AAA said that over the last month, gas prices in Oregon have ...
Author: KGW Staff SALEM, Ore. (KGW) — Ask just about anyone in health care and they’ll tell you that these are tough times in the hospital business. The Oregon Association of Hospitals and Health Systems reports that Oregon’s hospitals are ...
Author: Pat Dooris (KGW) PORTLAND, Ore. (KGW) — When you think about a mall, its success is often measured in the number of stores open and operating. If the mall is doing poorly, they close — and the more closed ...
Author: Evan Watson (KGW) SALEM, Ore. (KGW) — Thousands of Oregon state employees are still struggling to get paid correctly, months after the state switched payroll systems at the start of 2023. The payroll problems have sparked multiple lawsuits and ...
WASHINGTON, D.C. (NBC) – The Federal Reserve is considering another interest rate hike Wednesday to keep driving down inflation. The consequential decision comes amid turmoil in the banking industry that analysts say is partially driven by those hikes. Also, new ...
Author: KGW Staff PORTLAND, Ore. (KGW) — Cracker Barrel announced Monday that it is closing three of the remaining four locations in Oregon, seven months after it closed its Jantzen Beach store. Employees at the Beaverton, Tualatin and Bend locations ...
Author: Blair Best (KGW) PORTLAND, Ore. (KGW) — Tents lining the sidewalks alongside empty office space is now an all-too-common sight in downtown Portland. Samantha, who sleeps on the corner of Southwest Alder and 4th, describes it as being akin ...
Author: Katherine Cook (KGW) PORTLAND, Ore. (KGW) — The Oregon Department of Environmental Quality (DEQ) announced it’s temporarily suspending the Oregon Clean Vehicle Rebate Program beginning May 1. Funding for the program comes from the state’s vehicle privilege tax. This year, ...