Stories tagged: economy
FRIDAY, APRIL 15, 2016, 9:13 A.M.
Pullman-Moscow Regional Airport nears money goal
The Pullman-Moscow Regional Airport is preparing for construction this summer on the realignment of its main runway and is inching closer to its high-end local match goal of $9.6 million …
FRIDAY, APRIL 15, 2016, 8:37 A.M.
Farmers struggling as markets overflow with milk, grain, livestock
As farmers gear up for spring planting, those who sell crops on the commodities markets stand to lose buckets of money from low prices that are beyond their control.
FRIDAY, APRIL 15, 2016, 7:44 A.M.
Russia’s Putin seeks to charm, insists economy on the mend
Mixing wry jokes with economic statistics, Russian President Vladimir Putin sought to reassure the nation during his annual marathon call-in TV show Thursday, promising that its troubled economy will rebound …
THURSDAY, APRIL 14, 2016, 3:51 P.M.
Limited reduction of mortgage principal for stressed homeowners extended
A top federal regulator on Thursday announced a long-awaited initiative to allow some homeowners facing foreclosure to reduce the principal on their mortgages.
THURSDAY, APRIL 14, 2016, 3:44 P.M.
Half of U.S. households belong to Amazon Prime, study says
Amazon Prime is now a staple in 70 percent of high-income homes in the country.
THURSDAY, APRIL 14, 2016, 1:48 P.M.
BP chief suffers shareholder revolt over $20M pay package
British energy producer BP has suffered a revolt by shareholders who objected Thursday to increasing Chief Executive Bob Dudley’s pay package by 20 percent after profit plunged last year.
THURSDAY, APRIL 14, 2016, 1:45 P.M.
Poll: Americans prefer low prices to items ‘Made in the U.S.A.’
The vast majority of Americans say they prefer lower prices instead of paying a premium for items labeled “Made in the U.S.A.,” even if it means those cheaper items are …
THURSDAY, APRIL 14, 2016, 9:23 A.M.
Symantec resumes layoffs due to corporate restructuring
Software security firm Symantec has resumed layoffs at its Springfield office amid a corporate restructuring.
WEDNESDAY, APRIL 13, 2016, 4:38 P.M.
Some big U.S. banks have 6 months to present disaster plans
Five of the biggest U.S. banks have six months to get their disaster plans in shape. That’s the message regulators issued Wednesday after giving the banks failing grades for the …
WEDNESDAY, APRIL 13, 2016, 1:48 P.M.
Washington jobless rate holds steady at 5.8 percent
Washington state added 9,000 new jobs from February to March, but its unemployment rate remains at 5.8 percent for the fourth straight month.
WEDNESDAY, APRIL 13, 2016, 1:08 P.M.
Airlines boost on-time performance, cancel fewer flights
The government says more flights are arriving on time, airlines are canceling fewer flights, but passengers’ complaints are still rising.
WEDNESDAY, APRIL 13, 2016, 12:33 P.M.
Eight states ask retailers about ‘unfair’ on-call scheduling
Attorneys general from eight states and the District of Columbia have written letters to several national retailers expressing concern about on-call scheduling, which allows companies to assign shifts to workers …
WEDNESDAY, APRIL 13, 2016, 12:32 P.M.
Peabody, largest US coal miner, seeks bankruptcy protection
Peabody Energy, the nation’s largest coal miner, filed for bankruptcy protection Wednesday as a crosscurrent of environmental, technological and economic changes wreak havoc across the industry.
WEDNESDAY, APRIL 13, 2016, 12:22 P.M.
Bernie Sanders joins striking workers at Verizon office
In Brooklyn, Bernie Sanders joined striking union workers on a picket line outside a Verizon office. He was showing solidarity with 39,000 workers on the East Coast who walked off …
WEDNESDAY, APRIL 13, 2016, 12:14 P.M.
Fed survey finds U.S. economy still expanding
The Federal Reserve said Wednesday that the economy kept expanding in late February and March, despite weakness in the energy sector and a slowdown in exports of some factory and …
TUESDAY, APRIL 12, 2016, 9:15 A.M.
Weak oil prices prompt Fitch to cut Saudi Arabia’s rating
Saudi Arabia suffered another credit ratings downgrade on Tuesday after Fitch lowered its view on the oil-rich kingdom in light of the fall in energy prices.
TUESDAY, APRIL 12, 2016, 8:56 A.M.
Finance officials facing a chronically weak global economy
World finance officials who meet in Washington this week confront a bleak picture: Eight years after the financial crisis erupted, the global economy remains fragile and at risk of another …
TUESDAY, APRIL 12, 2016, 8:55 A.M.
U.K. inflation rises to highest level in 15 months
Britain’s inflation rate has risen unexpectedly to its highest level in 15 months, driven by higher air fares over the Easter period.
MONDAY, APRIL 11, 2016, 9:19 P.M.
Obama, Fed chair Janet Yellen discuss outlook for economy
WASHINGTON – With the U.S. economy improving, President Barack Obama and Federal Reserve Chair Janet Yellen discussed the outlook for near- and long-term economic growth during a Monday afternoon meeting …
SATURDAY, APRIL 9, 2016
Ann McFeatters: Dear America: It’s not so bad
Let’s take a breather from wallowing in politics, where the mantra seems to be that we are a nation of faded glory with doom all around us. Honestly, a lot …
THURSDAY, APRIL 7, 2016, 3:46 P.M.
U.S. consumer borrowing rises at weak pace again
U.S. consumers borrowed at a modest pace in February for the second month in a row, evidence of ongoing caution that has kept a lid on spending this year.
THURSDAY, APRIL 7, 2016, 8:17 A.M.
Average U.S. rate on 30-year mortgage falls to 3.59 percent
Average long-term U.S. mortgage rates slid this week to their lowest level since February 2015, luring prospective purchasers during the spring home-buying season.
WEDNESDAY, APRIL 6, 2016, 7:40 P.M.
Federal lawsuit seeks to stop deal between oilfield services firms
The Justice Department is suing to stop Halliburton from buying oilfield-services rival Baker Hughes, the latest effort by the Obama administration to block mergers that it believes enrich corporations but …
WEDNESDAY, APRIL 6, 2016, 6:58 P.M.
U.S. becoming top haven for tax cheats
WASHINGTON – The U.S. lambastes and strong-arms countries that help drug lords and millionaire investors hide their money from tax collectors. Critics say it should look closer to home. America …
WEDNESDAY, APRIL 6, 2016, 12:48 P.M.
Poverty in Russia rising at fastest pace since 1990s turmoil
Poverty is rising in Russia at the fastest pace since the dark days of financial and political crisis in the 1990s, the World Bank warned Wednesday.
TUESDAY, APRIL 5, 2016, 10:04 A.M.
Oil freeze deal likely to be reached, Kuwaiti OPEC official says
Kuwait’s OPEC governor is saying members of the oil cartel and other producing countries likely will reach a deal later this month to freeze production as crude prices sit below …
TUESDAY, APRIL 5, 2016, 8:50 A.M.
Subway posting calories nationally as regulation lags
Subway is moving ahead and posting calorie counts on menu boards nationally despite another delay in a federal rule requiring the information.
TUESDAY, APRIL 5, 2016, 8:25 A.M.
U.S. trade deficit rises in February to 6-month high
The U.S. trade deficit rose in February to the highest level in six months as the growth in imports outpaced a modest rise in exports.
TUESDAY, APRIL 5, 2016, 8:23 A.M.
Growth at U.S. services firms rebounds in March
Growth picked up last month at U.S. services companies, which have been a source of strength for the American economy.
TUESDAY, APRIL 5, 2016, 8:16 A.M.
PayPal cancels North Carolina expansion over discrimination law
PayPal says it’s canceling plans to bring 400 jobs to North Carolina after lawmakers passed a law that restricts protections for lesbian, gay, bisexual and transgender people.