Stories tagged: economy
Thu., May 19, 2016, 4 p.m.
Idaho board OKs master teacher pay bonuses
Experienced teachers in Idaho looking for a bonus will have to show their work just like their students under a new plan recently adopted by the Idaho State Board of …
Thu., May 19, 2016, 2 p.m.
Fiat Chrysler recalls 500,000 Jeeps; air bags may not work
Fiat Chrysler is recalling about a half-million Jeep Wrangler SUVs worldwide because the driver’s air bag may not inflate in a crash.
Thu., May 19, 2016, 1:58 p.m.
In a dark quarter for retailers, Wal-Mart shines
Surprisingly strong sales at Wal-Mart and an optimistic outlook from the world’s largest retailer lifted a pall that settled over much of the sector in the past two weeks.
Thu., May 19, 2016, 1:45 p.m.
Fewer people sought jobless benefits last week
The number of people seeking U.S. jobless aid fell sharply last week, partially reversing two weeks of big gains that had raised concerns about rising layoffs.
Thu., May 19, 2016, 12:56 p.m.
Average 30-year mortgage rate ticks up to 3.58 percent
Long-term U.S. mortgage rates were little changed this week at or near their lows for the year.
Thu., May 19, 2016, 9:36 a.m.
U.S. widens sanctions on Islamic State, al-Qaida branches
The U.S. is expanding sanctions against groups and individuals associated with al-Qaida and Islamic State group affiliates in the Middle East.
Wed., May 18, 2016, 11:13 a.m.
Washington state jobless rate holds steady at 5.8 percent
OLYMPIA – Washington added more than 11,000 new jobs from March to April, but the state’s unemployment rate continues to hover at 5.8 percent
Tue., May 17, 2016, midnight
Robert J. Samuelson: GDP remains a useful measure
Prosperity can’t be compressed into a single number. The GDP’s mission is more modest, though still difficult: to measure the economy’s production. By this standard, GDP is a wonder of …
Sun., May 15, 2016, 4 a.m.
Pullman’s Schweitzer Engineering Labs keeps the lights on around the world
Schweitzer Engineering Laboratories started in founder Ed Schweitzer’s basement. Now it employs more than 4,300 people, with plans to hire 850 more, and sells products around the world.
Fri., May 13, 2016, 2:33 p.m.
Food stamps would be cut by $23 billion under GOP budget plan
Republican leaders have proposed more than $23 billion in food stamp cuts in a budget plan that could be brought to the House floor in the next two weeks, several …
Fri., May 13, 2016, 12:58 p.m.
Wal-Mart shareholder suit over bribery allegations dismissed
A judge has dismissed a shareholder lawsuit over alleged bribery involving Wal-Mart’s operations in Mexico.
Fri., May 13, 2016, 12:36 p.m.
New cyberattack made on bank, financial supervisor warns
A new cyberattack has been made against an unnamed bank, part of a coordinated campaign that follows February’s theft of $101 million from the Bangladesh central bank, the international money …
Fri., May 13, 2016, 11:58 a.m.
Washington home prices up 8.1 percent over last year
Housing prices across the state continued to rise in the first quarter of 2016, driven by a low supply of homes for sale
Fri., May 13, 2016, 8:51 a.m.
U.S. producer prices rise in April, first time in 3 months
Prices charged by U.S. manufacturers, farmers and other producers rose for the first time since January, lifted by higher costs for gas, steel and medicines.
Fri., May 13, 2016, 8:33 a.m.
JC Penney CEO says future will depend less on apparel
Shares of J.C. Penney tumbled 10 percent before the opening bell Friday after posting an unexpected sales drop, capping a miserable week for retailers.
Fri., May 13, 2016, 8:02 a.m.
Honda reports quarterly loss on strong yen, air-bag recall
Honda Motor Co. is reporting a 93.4 billion yen ($860 million) loss for January-March, as the Japanese automaker is hit by costs for a massive air-bag recall and an unfavorable …
Fri., May 13, 2016, 7:40 a.m.
Subaru tells some Legacy, Outback owners: Don’t drive them
Subaru is telling owners of some newer Legacy and Outback vehicles not to drive them because the steering can fail.
Fri., May 13, 2016, 7:06 a.m.
As online shopping intensifies, outlook dims for mall stores
Americans stepped up their online shopping and bought more autos in April, suggesting that consumers may be spending more than indicated by a slump among major retailers.
Fri., May 13, 2016, 7:02 a.m.
Lowe’s gets approval from Canadian regulators to buy Rona
Lowe’s says it has received approval from Canadian regulators to buy home improvement retailer Rona.
Thu., May 12, 2016, 4:41 p.m.
U.S. poultry workers forced to wear diapers on job, report says
A report from international advocacy group Oxfam says poultry workers in the United States labor in a “climate of fear,” with some forced to wear diapers on the job.
Thu., May 12, 2016, 2:21 p.m.
Nordstrom shares tumble on slashed annual outlook, weak 1Q
Nordstrom’s shares are tumbling in extended trading after the upscale department store slashed is annual sales and profit outlook. The reduced guidance came as the Seattle-based chain reported that its …
Thu., May 12, 2016, 2:20 p.m.
Stocks finish little change after weak employment report
U.S. stocks ended pretty much where they started Thursday after spending the day cycling up and down. Investors bought safe picks like phone companies and food makers after a surprisingly …
Thu., May 12, 2016, 1:20 p.m.
Unemployment aid claims reach highest level since early 2015
The number of Americans applying for unemployment benefits rose last week to the highest level since February 2015, more sobering news for the labor market after a disappointing April jobs …
Thu., May 12, 2016, 1:15 p.m.
Bank of England keeps interest rates steady amid uncertainty
The Bank of England has voted to keep interest rates steady amid signs that the economy is beginning to falter and uncertainty over next month’s vote on whether Britain should …
Thu., May 12, 2016, 1:14 p.m.
Wal-Mart sharpens Amazon attack with 2-day delivery service
Wal-Mart is sharpening its attack on Amazon.com. The world’s largest retailer is trimming its free-shipping pilot program to two days from a three, and it’s cutting a dollar off the …
Thu., May 12, 2016, 1:10 p.m.
Average 30-year mortgage rate falls to 3.57 percent, 3-year low
Long-term U.S. mortgage rates fell this week for a third straight week, posting new lows for the year. The benchmark 30-year rate reached a three-year low.
Thu., May 12, 2016, 8:31 a.m.
Alexa now can help users track Amazon parcels
Shoppers obsessively tracking their Amazon packages can now put the smartphones back in their pocket and ask Alexa, the tech giant’s voice-powered digital assistant, instead.
Thu., May 12, 2016, 5 a.m.
Next U.S. president likely to face a recession
Talk about a poisoned chalice. No matter who is elected to the White House in November, the next president will probably face a recession.
Wed., May 11, 2016, 8:56 a.m.
Staples, Office Depot scrap merger after judge blocks deal
Staples and Office Depot said Tuesday they are scrapping their planned $6.3 billion merger after a federal judge blocked the deal, saying the government had made the case that the …
Wed., May 11, 2016, 8:52 a.m.
Mitsubishi Motors says mileage cheating may be on all models
Mitsubishi Motors Corp., the Japanese automaker under investigation for lying about fuel economy data for some models, said Wednesday such tampering is suspected in all of its vehicles sold in …