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The Spokesman-Review Newspaper

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
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News >  Business

Deadly winter storm exposes deep flaws of U.S. energy system

UPDATED: Tue., Dec. 27, 2022

The deep freeze that blanketed most of the U.S. in the past few days killed dozens and temporarily plunged millions into darkness. Yet the country narrowly escaped an even worse calamity as natural gas and power supplies buckled across several states, laying bare just how vulnerable the electric grid has become to a full-on catastrophe.
News >  Business

Recession, rate hikes, diversity: What’s ahead for banks in 2023

UPDATED: Tue., Dec. 27, 2022

The end of 2022 can't come soon enough for many in the banking industry. Sputtering capital markets, job cuts, raging inflation, the crypto meltdown and rising interest rates marked a year of upheaval. Whether 2023 brings revival or more of the same hinges to a large extent on the Federal Reserve.

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