The Wenatchee World

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Winter Weather Advisory issued January 18 at 2:51PM PST until January 19 at 4:00AM PST by NWS

...WINTER WEATHER ADVISORY IN EFFECT FROM 6 PM THIS EVENING TO 4 AM PST THURSDAY... THE NATIONAL WEATHER SERVICE IN SPOKANE HAS ISSUED A WINTER WEATHER ADVISORY FOR FREEZING RAIN...SLEET AND SNOW...WHICH IS IN EFFECT FROM 6 PM THIS EVENING TO 4 AM PST THURSDAY. * LOCATIONS...MOSES LAKE, EPHRATA, OTHELLO, QUINCY, WENATCHEE,

This Afternoon

Hi27° Wintry Mix Likely

Tonight

Lo26° Wintry Mix Likely then Snow Likely

Thursday

Hi35° Chance Rain/Snow

Thursday Night

Lo24° Chance Rain/Snow

Friday

Hi31° Chance Rain/Snow

Friday Night

Lo26° Rain/Snow Likely then Snow Likely

Saturday

Hi30° Chance Rain/Snow

Saturday Night

Lo24° Chance Rain/Snow

Sunday

Hi33° Rain/Snow Likely

Sunday Night

Lo22° Slight Chance Snow

U.S. banks report stronger profits and more lending

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WASHINGTONU.S. banks are enjoying their best profits in six years and are lending a bit more freely. The gradual improvement suggests that the industry will sustain its healing from the worst financial crisis in decades and help strengthen the economy.

The industry earned $37.6 billion from July through September — a 6.6 percent increase from its earnings in same quarter last year. For the first time since 2009, the stronger earnings were due mainly to higher revenue rather than to less money set aside by the banks to cover losses, data issued by the Federal Deposit Insurance Corp. showed Tuesday. And loans to consumers rose nearly 1 percent from the July-September period of 2011.

Some of the largest banks are cautioning, though, that their earnings are up mostly because they’ve sold less-profitable businesses, shed bad loans and trimmed jobs — not because of a more vibrant economy.