Stories tagged: economy
UPDATED: Mon., March 25, 2019, 7:30 p.m.
The nation’s business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration’s predictions that growth will accelerate this …
Fri., March 22, 2019, 10:44 p.m.
The federal government posted a record budget deficit in February, pushing the overall deficit for the first five months of the budget year up 39 percent from a year ago.
UPDATED: Fri., March 22, 2019, 6:55 p.m.
One of the most closely watched predictors of a potential recession just yelped even louder.
UPDATED: Wed., March 20, 2019, 6:33 p.m.
The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes this year, reflecting a dimmer view of the economy as growth weakens in the United …
UPDATED: Mon., March 18, 2019, 2:39 p.m.
Noting risks, Fed is likely to signal no expectation of rate hikes in the coming months.
Sun., March 17, 2019, 9:41 p.m.
For generations dating back to the 1930s, throughout Mexico, the young would head north to seek out their own version of the American Dream: Jobs. No more.
UPDATED: Mon., March 11, 2019, 4:52 p.m.
U.S. retail sales rose slightly in January after a sharp drop in December, reflecting caution taken by consumers amid a government shutdown and volatile stock market.
UPDATED: Fri., March 8, 2019, 8:54 p.m.
The pace of hiring in the United States fell last month to its lowest point in nearly a year and a half, a surprise drop likely reflecting harsh weather and …
Tue., March 5, 2019
Just how much praise Donald Trump deserves for the economy’s performance is unclear – remember that in the last two years of the Obama presidency, the economy also generated 200,000 …
UPDATED: Tue., Feb. 5, 2019, 9:34 p.m.
President Donald Trump will address a very different Congress than he did a year ago, but many of the issues are the same. Lawmakers remain at odds on funding for …
UPDATED: Mon., Feb. 4, 2019, 4:02 p.m.
Just how financially secure you feel depends on your age, your race, your education and – perhaps not surprisingly – your income.
Fri., Feb. 1, 2019, 6:25 p.m.
U.S. employers shrugged off last month’s partial shutdown of the government and engaged in a burst of hiring in January, adding 304,000 jobs, the most in nearly a year.
UPDATED: Mon., Jan. 28, 2019, 4:36 p.m.
Stocks slumped in morning trading on Wall Street after two major U.S. companies warned that slower economic growth in China was hurting their results.
UPDATED: Mon., Jan. 28, 2019, 6:31 p.m.
The federal government shutdown will cause slight permanent harm to the economy – about $3 billion – according to a report Monday by the Congressional Budget Office.
Thu., Jan. 10, 2019, 2:40 p.m.
A day of back-and-forth trading Thursday ended with the fifth gain in a row for U.S. stocks. Industrial companies like Boeing and General Electric rose while retailers fell as Macy’s …
UPDATED: Sat., Jan. 5, 2019, 8:16 p.m.
President Andres Manuel Lopez Obrador launched an ambitious plan Saturday to stimulate economic activity on the Mexican side of the U.S.-Mexico border, reinforcing his country’s commitment to manufacturing and trade …
UPDATED: Fri., Jan. 4, 2019, 5 p.m.
U.S. employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global …
Mon., Dec. 24, 2018, 10:28 a.m.
President Donald Trump lashed out at the Federal Reserve on Monday after administration officials spent the weekend trying to assure the public and financial markets that Jerome Powell’s job as …
UPDATED: Sat., Dec. 22, 2018, 6:40 p.m.
Now in its 10th year, America’s economic expansion still looks sturdy. Yet the partial shutdown of the government that began Saturday has added another threat to a growing list of …
Sat., Dec. 22, 2018
The Commerce Department estimated Friday that the economy, as measured by the gross domestic product, grew at a brisk 3.4 percent annual percent rate in the July-September quarter. That
UPDATED: Fri., Dec. 21, 2018, 5:11 p.m.
Another day of big losses Friday left the U.S. market with its worst week in more than seven years. All of the major indexes have lost 16 percent to 26 …
UPDATED: Tue., Dec. 18, 2018, 6:38 p.m.
Here’s a look at how the movements of the stock market and the barometers of the economy might determine the risks of a recession.
UPDATED: Wed., Dec. 5, 2018, 6:30 p.m.
The Federal Reserve said Wednesday that the U.S. economy was growing in the fall, but there were concerns about higher tariffs from a widening trade war, rising interest rates and …
UPDATED: Wed., Nov. 28, 2018, 5:42 p.m.
Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes …
Sun., Nov. 25, 2018
“We’re in Crazytown,” President Donald Trump’s chief of staff, John Kelly, reportedly said of working with his boss. Is the economy headed there, as well? Actually, it’s already arrived.
UPDATED: Fri., Oct. 26, 2018, 4:43 p.m.
The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a …
UPDATED: Fri., Oct. 19, 2018, 4:34 p.m.
U.S. stocks gave up an early rally Friday and struggled to another mixed finish as investors continued sell former favorites like retailers. Household goods makers rose again as a week …
UPDATED: Wed., Oct. 17, 2018, 10:52 p.m.
Rep. Cathy McMorris Rodgers, Lisa Brown spar on taxes, economy and health care in second Congressional debate
The two candidates took the stage for the second time in the closely watched contest Wednesday night at the Fox Theater in downtown Spokane, in a debate focused on the …
UPDATED: Thu., Oct. 11, 2018, 8:36 p.m.
This week’s dizzying sell-offs in the financial markets have been a rude reminder that the U.S. economy is no longer relying on ultralow interest rates to fuel growth. Yet the …
UPDATED: Fri., Oct. 5, 2018, 8:45 a.m.
New study finds BLM lands contribute billions from recreation to Idaho, Washington, other western states
Amid pressure in some states to transfer federal public land to state management and control, a study commissioned by several wildlife-related groups finds that federal land contributes billions of dollars …