Stories tagged: econo
Thu., June 11, 2009, 3:31 p.m.
Fed says recession wiped out $1.3 trillion in personal wealth
WASHINGTON - The brute force of the recession earlier this year turned back the clock on Americans’ personal wealth to 2004 and wiped out a staggering $1.3 trillion as home …
Wed., April 8, 2009, 11:08 a.m.
Danger of worsening recession drove Fed action
Faced with the danger of a worsening recession, Federal Reserve policymakers at their March meeting took the bold step of plowing $1.2 trillion into the economy to drive down interest …
Wed., Jan. 14, 2009
Fed officials encourage bailout program overhaul
WASHINGTON – Top officials of the Federal Reserve Tuesday pushed for more money and a revamped approach to the rescue of the financial system, arguing that tax cuts and a …
Tue., Dec. 16, 2008, 5:57 p.m.
Liberty Lake tech company to cut 120 jobs
The worsening global economy has done a number on Liberty Lake high-tech company Agilent Technologies. The number: 120 to 150 workers will be laid off over the next year, company …
Wed., Aug. 27, 2008
Condo sales take a hit
When business owner Jim Hanley and his family purchased an old, three-story brick building downtown a couple years ago, they foresaw creating seven upscale condominiums. Part of that vision came …