Mostly cloudy

63°F

Shelton, WA

Mostly cloudy
Humidity: 65%
  • Mason County Pot: More Changes

    medmariChanges were recently made (as early as today) to Title 17 of the Mason County Code regulating recreational Marijuana. This code encompasses building codes requirements for the recreational marijuana production, processing and retail sales. This industry is constantly changing, and the changes… Read More +

  • 1
  • US Judge Tosses Lawsuit By Seattle Police Officers

    gavel1A federal judge has thrown out a lawsuit brought by Seattle police officers who said new guidelines on using force jeopardized their safety. U.S. District Judge Marsha Pechman said in an opinion Monday that the officers' arguments were unsupported by the… Read More +

  • 1
  • Mariners Young Named Comeback Player Of Year

    youngCHRIS YOUNG NAMED AMERICAN LEAGUE COMEBACK PLAYER OF THE YEAR. Young honored by the Sporting News after going 12-9 with a 3.65 ERA in 30 games/29 starts in 2014. Seattle Mariners right-handed pitcher Chris Young has been named the 2014 American League Comeback Player of the Year by the Sporting News.

    Read More
  • 1

Federal Reserve to Announce Reduction in Stimulus Program?

b_250_0_16777215_00_images_obgrabber_2013-09_25ca8b007e.jpgMark Wilson/Getty Images(WASHINGTON) -- The Federal Reserve on Wednesday is expected to make its first move toward slowing the economic stimulus that's been flowing since the financial crisis started five years ago. Following the Great Recession, the Fed implemented a bond-buying program to help give a lift to the economy.  The move kept interest rates as low as possible.

"The Federal Reserve came out and started buying mortgage-backed securities so as to give some sort of help in the housing market," Joe Deaux, an economics analyst for TheStreet.com, explains.

But that may all change on Wednesday, when economists predict the Fed will announce a new money policy.

"I think you're going to finally see some sort of drawdown -- how much, it's difficult to say," Deaux says.

He adds, "There are a number of people, including [Federal Reserve] Chairman Ben Bernanke, who've said, you know, at some point we do need to draw down these purchases, and -- and I think even the more dovish people will tell you that eventually yes, the Fed does have to do that."

Copyright 2013 ABC News Radio

  1. Environment
  2. Recreation

Tweets

wsdot_tacoma
wsdot_tacoma - Collision on I-5 SB near 84th St at mp 129. The right lane is blocked.

23 minutes ago

WaHouseGOP
WaHouseGOP - Maritime industry seeks a little legislative love: ow.ly/D36bX What's good for one business should be good for all. #wabiz

25 minutes ago

Seahawks
Seahawks - Carroll said that Tharold Simon (ankle) and Byron Maxwell (calf) will have a chance to come back to practice this week.

30 minutes ago

secstatewa
secstatewa - .@Reuters Same-sex marriage legal in Wyoming as of Tuesday. 32 states (incl WA, adopted by voters in 2012). tinyurl.com/nrb93yg

37 minutes ago

Public Notices