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Everything tagged
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Idaho jobless rate at 8.9 percent
November 7, 2009 in Business on Page A6 The unemployment rate in October rose to 8.9 percent in Idaho and 11.1 percent in Kootenai County. In some rural corners of North Idaho, one in five working-age persons is …
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Fed again pledges to hold rates at record-lows
November 4, 2009 in Business The Federal Reserve pledged Wednesday to keep a key interest rate at a record low for an “extended period,” in a sign that the economy is growing but remains deeply …
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Microsoft lays off 800 more workers worldwide
November 4, 2009 in Region Microsoft Corp. says it is cutting 800 more jobs. That’s in addition to the 5,000 layoffs it announced in January. 1
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Obama: Hiring last to come as economy rebounds
November 2, 2009 in Business, Nation/World As the prospect of double-digit unemployment looms, President Barack Obama on Monday sought to set expectations for the nation, saying job losses will likely roll on “for weeks and months …
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3 strong economic reports lift recovery hopes
November 2, 2009 in Business, Nation/World Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes.
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Stocks swoon as worries about the economy return
October 30, 2009 in Business Grim signals about consumer spending ripped through the markets Friday, sending stocks tumbling as investors raced for safe havens.
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Wash. stimulus update show more than $1.4B spent
October 30, 2009 in City More than $1.4 billion in federal stimulus money has been spent in Washington state, and the influx of cash has helped pay for tens of thousands of jobs, officials said … 1
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Grants offer relief to poor in region
October 30, 2009 in City on Page A7 The region’s impoverished received help Thursday from public and private sources to ease the effects of the economic downturn. Spokane County received a $622,278 federal grant to help people on …
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Economy grows in 3Q, signals end of recession
October 29, 2009 in Business, Nation/World The economy grew at a 3.5 percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes. It’s the strongest signal … 2
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Stimulus moving nation’s economy
October 29, 2009 in Business on Page A7 WASHINGTON – The government is expected to report today that the U.S. economy resumed growing in the third quarter, which would mark an end to the worst economic contraction since …
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State economist warns of second dip in recession
October 28, 2009 in Business Cautious consumers and regional banks burdened with bad debts could trigger a second “dip” to a double-dip recession in Washington, the state’s lead economic forecaster said today. 2
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All bets off as economy slumps
October 28, 2009 in Business on Page A10 LAS VEGAS – Gamblers are wagering less than a year ago, visiting casinos less often and holding back on extras when they do, continuing trends that left the industry struggling …
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Espresso stand suffers as drinkers cut back
October 25, 2009 in City on Page A1 It’s a tough time to be selling lattes. Long the target of frugal-living gurus, espresso drinks have risen lately to the top of seemingly every list of money-saving tips out … 6
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Home sales rise 9.4 pct in Sept., beats forecast
October 23, 2009 in Nation/World Home resales in September clocked the largest monthly increase in 26 years as buyers scrambled to complete their purchases before a tax credit for first-time owners expires.
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Jobs recovery will likely take years
October 20, 2009 in Business on Page A8 WASHINGTON – Even with an economic revival, many U.S. jobs lost during the recession may be gone forever and a weak employment market could linger for years. That could add …
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Milestone raises hopes for investors
October 15, 2009 in City on Page A1 The horse may be heading back to the barn. At least Bob Nelson might put it that way. Nelson, owner of Nelson Securities, said Wednesday’s news that the Dow Jones …
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Economists hopeful expansion has begun
October 13, 2009 in Business on Page A8 NEW YORK – More than 80 percent of economists believe the recession is over and an expansion has begun, but they expect the recovery will be slow as worries over …
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Idaho tops $500 million in unemployment payouts
October 12, 2009 The state has paid out nearly $504 million in regular, extended and supplemental unemployment insurance benefits so far this year. 1
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Retail creeps upward
October 9, 2009 in Business on Page A10 WASHINGTON – Consumers last month began loosening the grip on their wallets, increasing spending slightly for the first time since the summer of 2008 mainly at discount retailers and on …
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Senate Democrats reach deal on extending benefits
October 8, 2009 in Nation/World Senate Democrats said Thursday they have reached a deal to extend unemployment insurance benefits to the nearly 2 million jobless workers across the country who are in danger of running …
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