Money in Washington news on Tuesday, October 13, 2026
In Money in Washington on Tuesday, October 13, 2026: Min wage to $17.76, Seattle prices rise, Lynnwood layoffs. Also: Washington's minimum wage rises to $17.76 an hour, drawing debate over rising business costs; Seattle home prices rose about $25,000 as listings reached their highest level since 2011.
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Headlines
- Washington's minimum wage rises to $17.76 an hour, drawing debate over rising business costs.Statesman-Examiner
- Seattle home prices rose about $25,000 as listings reached their highest level since 2011.Seattle Red
- Lynnwood's mayor proposed a 2027-28 budget that includes 14 layoffs.HeraldNet.com
- A report says two rooms in Washington, D.C. cost over $4,000, in a city where many residents live alone.El Mundo America
- New data shows Washington renters are staying put rather than moving.NonStop Local KHQ
- US home sales rose in September but slowed from a year earlier as mortgage rates and prices climbed.WTOP News
- The Washington Post argues buying a home can still make sense even with mortgage rates near 7%.The Washington Post
- The US fined Bank of America $1.2 billion for violating money laundering and sanctions laws.WOAI
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