The U.S. trade deficit narrowed in May as a rebound in global growth boosted foreign demand for U.S. exports of automobiles, consumer products and other goods and services to their highest level in more than two years.
A Washington State University study has found a 25 percent decline in potato acreage in a significant portion of land atop the Odessa Aquifer between 2005 and 2015, due primarily to a drop in both water quality and water quantity.
It’s not been a great couple of weeks for those advocating an increase in minimum wages. Late last month, the National Bureau of Economic Research published a working paper based on research conducted by economists at the University of Washington. The report found that the costs to low-wage workers in Seattle (where the minimum wage is gradually being raised to $15 per hour) outweighs the benefits by three to one, concluding that the average low-wage worker in the city lost $125 a month due to the hike.
While many were caught unawares by a new paid family leave program passed in Olympia Friday night, some Spokane businesses weighed in with tentative optimism this week, while others cast a worried eye toward their bottom lines.
Eight years after the Great Recession ended, the economy is steadily churning out jobs, and the unemployment rate is at a 16-year low. Yet for most Americans, a key measure of economic health – pay growth – still lags behind pre-recession norms.
Upscale jeans maker True Religion Apparel Inc. said Wednesday that it filed for bankruptcy reorganization, making it the latest Southern California apparel firm to falter as people embrace online shopping.
The European Union and Japan have agreed “in principle” on a free trade deal that will affect an overwhelming majority of commerce between the two economic giants and will be officially endorsed at a summit of their leaders Thursday.