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  • I-5 Traffic Woes In Olympia Again This Weekend

    waroadworkI5Drivers are once again being asked to avoid Interstate 5 in Olympia this weekend as crews finish concrete work on the second half of an aging expansion joint spanning the roadway. Many people took the Washington State Department of Transportation’s advice… Read More +

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  • Millions Expected In Pot Taxes Through 2019

    maryjanemoneyEconomic forecasters are predicting that the state's legal recreational marijuana market is expected to bring in about $636 million to state coffers through the middle of 2019. The forecast by the Economic and Revenue Forecast Council showed that just over $25… Read More +

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  • Morrison's HR In 9th Puts M's Past Angels 3-1

    mariners400Logan Morrison hit a three-run homer with two outs in the ninth inning that broke a scoreless tie, and the Seattle Mariners boosted their wild-card hopes with a 3-1 victory over the Los Angeles Angels on Thursday night. With just their third win in nine games, the Mariners pulled within one game of the slumping Oakland Athletics for the second AL wild-card spot.

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Wall Street: Dow Loses 186 Points, Nasdaq and S&P Also Down

b_250_0_16777215_00_images_obgrabber_2013-09_bd1318deb2.jpgHemera/Thinkstock (NEW YORK) -- Stocks ended the week on a sour note. The Dow fell 186 points to finish the week at 15,451, the Nasdaq was down 14 points and closed at 3,775, and the S&P 500 closed down 12 points at 1,710. After setting its 31st record-high of the year on Wednesday, Wall Street’s good vibes didn’t last.

Many investors are concerned that dysfunction and fighting in Washington, D.C., will lead to a government shutdown. Investors are also worried that Congress and the White House won’t be able to come to terms on agreement about the approaching debt ceiling.

Hurting stocks Friday were comments from St. Louis Federal Reserve President James Bullard. He hinted that the Fed, as soon as next month, could start pulling back on its $85 billion bond buying program.

Despite the sharp drop Friday, all of the markets’ major averages finished higher for the week – the third straight week of gains. One of the biggest losers of the day Friday was BlackBerry, which announced late in the session that it will slash 4,500 jobs and post a much wider loss than expected. BlackBerry shares finished the day down 17 percent. The stock has now dropped more than 80 percent in the last three years.

Copyright 2013 ABC News Radio

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Tweets

cityofolympia
cityofolympia - HEADS UP. It's slow going on Harrison/4th into DT again as people avoid #I5Olywork. You know the drill-be patient, only a couple more days.

2 hours ago

SoundersFC
SoundersFC - Congrats to @runwithwes for winning this STM Weekly Rave Reward. Thank you Museum Quality Framing! pic.twitter.com/vY641UbZm5

2 hours ago

secstatewa
secstatewa - .@BradShannon2 WA Investment Board accounts include coal & oil. tinyurl.com/q98e6n4

2 hours ago

wsdot_tacoma
wsdot_tacoma - Cleared: Disabled vehicle on I-5 SB near East L St at mp 135

2 hours ago

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