Snohomish family hits pay dirt with auto promotion

Herald staff

SNOHOMISH – Steve Pope and his family are driving a new Jeep today after winning a Gold Rush Days promotion last week sponsored by Les Schwab Tires.

Pope, of Snohomish, picked up his Jeep Thursday at the Snohomish store after his entry was drawn from an estimated 250,000 that were submitted in the Puget Sound area.

TELEVISION

n Bothell firm featured: Officials at Sonosite of Bothell, which makes hand-held ultrasound equipment, say their portable scanners will be featured on The Discovery Heath Channel at 6 p.m. July 23 during a program titled, the "Cyber-Medicine Discovery Special." It will focus on how the device is used to help confirm diagnoses and plan surgeries.

n Bigger "Business Center": CNBC is expanding its one-hour flagship evening business show, "Business Center," by 30 minutes in a bid to widen the lead over its competitor, CNN’s "Moneyline." The longer version will kick off July 31, running from 6:30 p.m. to 8 p.m. The business news channel also said it was opening a Silicon Valley bureau and redesigning its stock ticker to provide later stock quotes and make the figures easier to read.

metals

n Monday’s prices: Gold sold for $284.10 a troy ounce, silver sold for $5.03 and platinum sold for $570.70.

INVESTING

n T-bill rates mixed: Interest rates on short-term Treasury securities were mixed in Monday’s auction. The Treasury Department sold $8.5 billion in three-month bills at a discount rate of 5.900 percent, up from 5.830 percent last week. An additional $7.5 billion was sold in six-month bills at a rate of 5.945 percent, down from 5.975 percent. The new discount rates understate the actual return to investors: 6.071 percent for three-month bills with a $10,000 bill selling for $9,850.90 and 6.215 percent for six-month bills with a $10,000 bill selling for $9,699.40. In a separate report, the Federal Reserve said Monday that the average yield for one-year Treasury bills, the most popular index for making changes in adjustable rate mortgages, fell to 6.08 percent last week from 6.13 percent the previous week.

ECONOMY

May borrowing up: Americans borrowed money freely in May, ringing up the biggest rise in consumer credit since the beginning of the year, the Federal Reserve said Monday. Total consumer credit rose a seasonally adjusted $11.8 billion in May for an annual growth rate of 9.8 percent. That was the largest gain since January, when Americans increased their borrowing by $15.7 billion. May’s bigger-than-expected increase surprised many analysts. They were expecting borrowing to grow by $8 billion.

Talk to us

More in Local News

Arif Ghouseat flips through his work binder in his office conference room Paine Field on Monday, Dec. 10, 2018 in Everett, Wa. (Olivia Vanni / The Herald)
Paine Field Airport director departing for Sea-Tac job

Arif Ghouse, who oversaw the launch of commercial air travel at Paine Field, is leaving after eight years.

NO CAPTION. Logo to accompany news of education.
Public school enrollment still down, even as rural districts grow

Smaller districts in Snohomish County seem to be recovering more quickly — and gaining students — than their urban counterparts.

Angelica Montanari and daughter Makena, 1, outside of the Community Health Center of Snohomish County Everett-Central Clinic on Thursday, Feb. 2, 2023. (Olivia Vanni / The Herald)
Amid patient woes, CHC of Snohomish County staffers push for a union

Doctors and nurse practitioners are worried about providers being shut out from clinical decisions, which hurts patient care.

Students make their way after school at Edmonds-Woodway High School on March 12, 2020. (Kevin Clark / The Herald)
After Edmonds schools internet outage, staff ‘teaching like it’s the 1900s’

“Suspicious activities” on the district’s network delayed classes and caused schedule havoc. “Kids are using pencil and paper again.”

NO CAPTION NECESSARY: Logo for the Cornfield Report by Jerry Cornfield. 20200112
Retooling drug laws, protecting octopus and honoring a cactus

It’s already Day 26. Here’s what’s happening in the 2023 session of the Washington Legislature

April Berg, left, and John Lovick
Snohomish County legislators talk race, policy in Seattle

Rep. April Berg and Sen. John Lovick chatted about Tyre Nichols and education at an event kicking off Black History Month.

A suspect removes a rifle bag from a broken rear window of a Seattle police car on May 30 in downtown Seattle. An Everett man, Jacob D. Little, 24, has been charged with the theft of the high-powered rifle stolen from the car. This image is from the criminal complaint filed in U.S. District Court. 20200904
Everett man sentenced for stealing police gun in Seattle protest

Jacob Little, 26, now faces second-degree murder charges for allegedly killing a man in Renton in August 2020.

Switzerland delegate Markus Herrmann listens while 12th grade students speak with him during a special event set up for their AP Comparative Government class at Glacier Peak High School on Thursday, Feb. 2, 2023 in Snohomish, Washington. (Olivia Vanni / The Herald)
European delegates talk American culture with Glacier Peak students

Representatives from 18 different EU countries made a stop in Snohomish during their US tour.

Community Transit is leasing a 60-foot articulated BYD battery electric bus this year as an early step in the zero emission planning process. (Community Transit)
Community Transit testing 60-foot electric bus

The agency leased the BYD K11M for $132,000 this year as the first step in its zero-emission planning process.

Most Read