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Stories tagged: economy


Hard-line cleric says social media fed Iran protests, unrest

A hard-line cleric leading Friday prayers in Iran’s capital called on the Islamic Republic to build its own social media, blaming popular international messaging apps for the unrest that accompanied …


UPDATED: Tue., Jan. 2, 2018, 2:24 p.m.

Iran’s top leader blames protests on meddling by ‘enemies’

Iran’s supreme leader on Tuesday blamed the protests roiling the country on “enemies of Iran” who he said were meddling in its internal affairs, as state television reported that overnight …


UPDATED: Sat., Dec. 30, 2017, 3:02 p.m.

New economic protests in Tehran challenge Iran’s government

A wave of spontaneous protests over Iran’s weak economy swept into Tehran on Saturday, with college students and others chanting against the government just hours after hard-liners held their own …


U.S. economy grew at solid 3.2 percent rate in third quarter

The U.S. economy grew at a solid 3.2 percent annual rate from July through September, slightly slower than previously estimated but still enough to give the country the best back-to-back …


Trump defends tax plan, proclaims economy set ‘to rock’

Closing in on the first major legislative achievement of his term, President Donald Trump on Saturday defended the Republican tax cut as a good deal for the middle class while …


UPDATED: Wed., Dec. 13, 2017, 12:06 p.m.

Study: Oregon’s state parks put $1B into economy

A study by the Oregon Parks and Recreation Department finds visitors to the state’s parks contributed more than $1 billion to the economy and supported 16,000 jobs in 2016.


U.S. factory growth slowed in November but still looks strong

American factories grew more slowly in November but still appear healthy.


UPDATED: Wed., Nov. 29, 2017, 8:38 a.m.

U.S. economy expanded at brisk 3.3 percent pace in third quarter

Led by a rise in business investment, the U.S. economy grew at an annual pace of 3.3 percent from July through September, its fastest rate in three years.


World economy growing faster than in years, but not for long

The world economy is growing faster than it has in seven years and more and more people are working – but the high growth isn’t expected to last long, and …


Eurozone economy heading for strongest quarter since 2011

The 19-country eurozone is set for its best quarterly performance since early 2011, according to a closely watched survey Thursday, the latest sign that a robust economy has gained further …


Garth Brooks drums up $14.6 million worth of business in Spokane

A number of Spokane businesses are looking for an increase in revenue during Brooks’ six-day, seven-show run in Spokane. And there is plenty of money to be made. Visit Spokane …


A political shock throws Lebanon’s economy back into crisis

Just when things were starting to look up for Lebanon’s economy, a new political crisis threatens to send it crashing down again.


UPDATED: Thu., Nov. 9, 2017, 10:07 a.m.

Local economists: Regional economy poised for growth

If you believe things have been pretty good for business and households in the Inland Northwest recently, you’re right.


Samuelson: Absent politics, Powell at Fed is fine

It will be Powell’s Fed. Assuming he’s confirmed by the Senate, Jerome (“Jay”) Powell will become the 16th chairman of the Federal Reserve Board in early 2018. Almost by definition, …


UPDATED: Sat., Oct. 28, 2017, 10:46 p.m.

Icelanders go to the polls for 3rd time in 4 years

Icelanders were voting for the third time in four years Saturday as the nation tried to shake off the latest political crisis on an island roiled by divisions since its …


Froma Harrop: Taking stock in the Trump economy

Showman Trump portrays every bit of positive economic news as evidence of his superhero powers, but inconvenient facts remain. One is that stock markets in other countries have also been …


U.S. economy grew at 3 percent rate in July-September quarter

The U.S. economy, bolstered by business investment, grew at a solid annual rate of 3 percent in the third quarter. It marks the first time in three years that growth …


Yellen sounds upbeat note on economy and inflation prospects

Federal Reserve Chair Janet Yellen on Sunday sketched a bright outlook for the U.S. economy and for inflation prospects in coming months, saying the impact of the recent hurricanes will …


As bids for Amazon’s headquarters come due, tech has a chance to spread the wealth

As Amazon ponders where to locate a second headquarters site and 50,000 workers – proposals are due by Thursday – it is raising questions about whether the industry, and America, …


UPDATED: Wed., Oct. 11, 2017, 4:11 p.m.

U.S. demands raise fears that leaving NAFTA could hurt economy

Round 4 of NAFTA talks began Wednesday in Arlington, Virginia. In a sign of how contentious things could get, the countries extended the negotiations for two extra days, through Tuesday.


UPDATED: Tue., Oct. 10, 2017, 3:35 p.m.

IMF: World economy is picking up speed

The International Monetary Fund on Tuesday raised its forecast for global growth to 3.6 percent this year and 3.7 percent in 2018. For both years, the outlook is up 0.1 …


‘Spoils society’ spawns economic resentment

Regardless of where your sympathies lie – redistribution is both good and bad – what connects all these activities and many others is that they don’t result in the production …


Economic worry in Catalonia amid unanswered mediation calls

Political uncertainty over the future of Catalonia’s secession bid has started spreading to the economy, with stock markets falling and big Catalan firms relocating – or considering a move – …


UPDATED: Thu., Sept. 28, 2017, 2:14 p.m.

U.K.’s May slams Boeing for undermining partnership

British Prime Minister Theresa May warned Thursday of growing protectionism in the global economy, slamming plane maker Boeing for its role in the U.S. government proposal to impose a massive …


Claims for U.S. jobless aid rise by 12,000 to 272,000

The number of Americans applying for unemployment benefits rose by 12,000 last week to 272,000 as Florida continued to absorb the economic impact of Hurricane Irma.


UPDATED: Thu., Sept. 28, 2017, 3:56 p.m.

U.S. economic growth revised up to 3.1 percent rate in Q2

The U.S. economy grew at an upgraded annual rate of 3.1 percent in the spring, the fastest pace in more than two years. But growth is expected to slow sharply …


Long-term mortgage rates unchanged: 30-year at 3.83 percent

Long-term mortgage rates are unchanged this week: The 30-year fixed-rate mortgage remained at 3.83 percent; the 15-year home loan, popular among homeowners who refinance their mortgages, stayed at 3.13 percent, …


UPDATED: Wed., Sept. 27, 2017, 11:15 p.m.

Immigration crackdown could hurt Idaho industries

Idaho’s food and agribusiness industry brought in $1.51 billion in 2011, according to the Idaho Department of Commerce.


UPDATED: Wed., Sept. 27, 2017, 2:16 p.m.

U.S. durable goods orders up 1.7 percent in August

Orders for long-lasting manufactured goods rose a modest 1.7 percent in August, reflecting a rebound in the volatile aircraft sector. A gauge of business investment was up for a second …


UPDATED: Wed., Sept. 27, 2017, 8 a.m.

U.S. pending home sales fell 2.6 percent in August

Fewer people signed contracts to buy homes in August, marking the fifth decline in the past six months. The 2.6 percent decline continues to reflect the worsening shortage nationwide of …