Stories tagged: economy
Mon., July 3, 2017, 8:14 a.m.
GM, Ford U.S. sales down, but Japanese automakers report gains
U.S. sales at General Motors and Ford each fell about 5 percent last month, but the three largest Japanese automakers reported sales increases.
Mon., July 3, 2017, 8:12 a.m.
Construction spending flat in May
U.S. construction spending was flat in May with homebuilding falling again, even as buyers face climbing prices and a shortage of available properties on the market.
UPDATED: Mon., July 3, 2017, 6:39 p.m.
In Europe, Trump may discover if first impressions stick
President Donald Trump will learn this week whether he gets a second chance to make a first impression as he returns to Europe and has his first encounter with Russia’s …
Thu., June 29, 2017, 9:25 a.m.
Applications for jobless aid rise to still-low 244,000
Slightly more people sought U.S. unemployment benefits last week, but the number of applications remained at a historically low level suggesting a strong job market.
Thu., June 29, 2017, 9:11 a.m.
U.S. economic growth in Q1 upgraded to 1.4 percent
The U.S. economy got off to a lackluster start during the first three months of 2017, though it enjoyed more momentum than earlier estimates indicated.
Thu., June 29, 2017, 9:04 a.m.
Wheat virus reaching epidemic levels in Nebraska Panhandle
A wheat virus outbreak has reached epidemic levels and has been damaging fields and yields in the southern Nebraska Panhandle, authorities said.
Thu., June 29, 2017, 8:34 a.m.
Mortgage rates flat to lower; 30-year at new low
Long-term U.S. mortgage rates were unchanged to lower this week, as the benchmark 30-year rate reached a new low for the year.
Wed., June 28, 2017, 12:40 p.m.
Trump’s promise of jobs from Saudi deals may fall flat
President Donald Trump can’t stop boasting about nearly $400 billion in military and business deals his administration made during his two-day visit to Saudi Arabia last month.
Wed., June 28, 2017, 7:52 a.m.
U.S. pending home sales slip for third straight month
Americans signed fewer contracts to buy homes in May, the third straight monthly decline and evidence that a shortage of homes for sale has suppressed home-buying.
Wed., June 28, 2017
Health care bills imperil regional economy
Congress should work on improving the ACA, not returning the country to a time when millions more Americans lacked health care coverage.
Tue., June 27, 2017, 10:57 a.m.
IMF trims economic forecast for U.S.
The International Monetary Fund has trimmed its outlook for the U.S. economy, citing the number of uncertainties that surround President Donald Trump’s plans to boost economic growth.
UPDATED: Tue., June 27, 2017, 9:40 a.m.
Consumer confidence rises in June
U.S. consumers became more confident in June –with more Americans pleased by current conditions but slightly less hopeful about what the next six months hold.
Tue., June 27, 2017, 8:21 a.m.
Report: Sale of Eddie Bauer considered as retailer struggles with debt
The owners of Eddie Bauer, the Bellevue-based active outdoor apparel company, are reportedly exploring a sale of the company.
Tue., June 27, 2017, 7:37 a.m.
Russia-Iran sanctions measure hits new snag in Congress
As congressional negotiators attempt to clear a key technical hurdle preventing a popular Russia and Iran sanctions bill from final passage, some lawmakers are expressing new concerns over the breadth …
UPDATED: Tue., June 27, 2017, 9:46 a.m.
Robust U.S. home price gains cool slightly in April
U.S. home prices rose at a healthy clip in April, though the increase slowed a bit from the previous two months.
Mon., June 26, 2017, 9:51 a.m.
Coal on the rise in China, US, India after major 2016 drop
The world’s biggest coal users – China, the United States and India – have boosted coal mining in 2017, in an abrupt departure from last year’s record global decline for …
Mon., June 26, 2017, 8:35 a.m.
EU weighs retaliatory measures as U.S. eyes steel tariffs
The European Union’s top trade official says the bloc is preparing retaliatory measures in case the United States goes ahead with plans to impose steel tariffs on imports.
Mon., June 26, 2017, 8:33 a.m.
Durable goods orders fell in May by the most in 18 months
Demand for long-lasting U.S. factory goods fell by the most in 18 months, and a key category that tracks business investment also slipped, evidence that manufacturing output is barely growing.
Fri., June 23, 2017, 8:43 a.m.
New homes sales rebounded 2.9 percent in May
Sales of new homes rebounded in May, helped by strong sales gains in the South and West.
UPDATED: Fri., June 23, 2017, 8:41 a.m.
Sears closes another 20 stores
Sears is closing another 20 stores as the ailing retailer tries to turn around its business.
Thu., June 22, 2017, 11:52 a.m.
Democratic senators urge President Trump to study Russia’s capability to hack power grid
On Thursday, 19 Democratic senators sent President Donald Trump a letter urging him to direct the Energy Department to conduct an analysis of Russia’s capability to hack into and disrupt …
Thu., June 22, 2017, 9:39 a.m.
Sears Canada says it is seeking court protection
Sears Canada Inc. said Thursday it plans to close 59 locations across Canada and cut approximately 2,900 jobs under a court-supervised restructuring.
UPDATED: Tue., June 20, 2017, 3:08 p.m.
Despite secrecy, McConnell says GOP getting ready for Senate health care vote
Senate Republicans steered toward a potential showdown vote on their long-awaited health care bill next week, despite indications that they’ve yet to solidify the 50 GOP votes they’ll need to …
Tue., June 20, 2017
Restructured economy triggers blue-collar disappointment
Through the 1960s, all workers’ incomes advanced fairly evenly, and people’s relative economic positions didn’t change much. That’s no longer true, say Rose and Reeves.
UPDATED: Mon., June 19, 2017, 2:55 p.m.
Boeing launches MAX 10 at Paris Air Show
Boeing launched the new 737 MAX 10 on the opening day of the Paris Air Show, reporting that it has 240 orders and commitments to announce this week.
Mon., June 19, 2017, 8:54 a.m.
Big names descend on White House for Trump’s technology summit
Executives from many of the world’s largest technology companies will gather Monday at the White House to meet with President Donald Trump and his senior advisers during a summit aimed …
UPDATED: Fri., June 16, 2017, 2:05 p.m.
Trump restores some Cuba penalties, rejecting ‘oppressors’
President Donald Trump declared Friday he was restoring some travel and economic restrictions on Cuba that were lifted as part of the Obama administration’s historic easing. He challenged the communist …
Fri., June 16, 2017, 9:35 a.m.
Hiring up in 9 states, jobless rate at record low in Washington, 3 other states
Employers added a significant number of jobs in nine states last month, and unemployment rates in four states fell to record lows.
Fri., June 16, 2017, 7:03 a.m.
Decades-old work-study program faces major cuts
Hannah Zwick put herself through college by working as a fundraiser for her university under the federal work-study program. She liked the job so much that she decided to pursue …
UPDATED: Thu., June 15, 2017, 7:33 p.m.
This is peak investing: Stocks, bonds and concerns are up
If it feels precarious to have so many investments doing so well, particularly when the economy itself is still growing only modestly, markets are giving few indications of worry.