Stories tagged: economy
Mon., Sept. 12, 2016, 7:56 p.m.
Obama, McConnell strike hopeful tone on budget, Zika
Striking a conciliatory tone after an Oval Office sitdown, President Barack Obama and the top Senate Republican declared themselves hopeful Monday that an agreement can be reached to keep the …
Mon., Sept. 12, 2016, 11:55 a.m.
Move cautiously before hiking interest rates, Fed offical says
Federal Reserve board member Lael Brainard indicated Monday that she’s in no hurry to raise interest rates again, comments that were greeted with relief on Wall Street.
Fri., Sept. 9, 2016, 6:44 p.m.
Burritos in the sky: Chipotle tests drone deliveries
Flying burritos will soon be a reality over Virginia Tech. Chipotle is taking part in a test this month that will let some of the university’s students and staff have …
Fri., Sept. 9, 2016, 5:19 p.m.
Yahoo CEO could reap $44 million if she leaves after sale
Yahoo CEO Marissa Mayer stands to collect a $44 million severance package if she leaves after Verizon completes its purchase of the once-mighty internet company.
Fri., Sept. 9, 2016, 4:12 p.m.
Samsung Galaxy Note 7 too dangerous to use, U.S. agency says
The U.S. Consumer Product Safety Commission says owners of the Galaxy Note 7 smartphones should turn them off and stop using them because of the risk that their batteries can …
Fri., Sept. 9, 2016, 3:49 p.m.
U.S. stocks slide the most since Brexit amid rate speculation
U.S. stocks fell in the worst selloff since Britain voted to leave the European Union, with the Dow Jones Industrial Average falling almost 400 points after a Federal Reserve official …
Fri., Sept. 9, 2016, 10:40 a.m.
MasterCard faces $18.6 billion UK lawsuit over fees
MasterCard is being sued for 14 billion pounds ($18.6 billion) on behalf of British consumers for allegedly charging excessive fees on millions of transactions over a 16-year period.
Thu., Sept. 8, 2016, 12:42 p.m.
Consumer borrowing grows by $17.7 billion in July
American consumers increased their borrowing in July, though the category that includes credit cards grew at the slowest pace since February.
Thu., Sept. 8, 2016, 12:33 p.m.
Miners rally for bill to protect health, pension benefits
Thousands of unionized mine workers and supporters rallied at the Capitol Thursday to push for a bill that would protect health-care and pension benefits for about 120,000 former coal miners …
Thu., Sept. 8, 2016, 11:12 a.m.
Equity fund buys majority stake in Jimmy John’s
CHICAGO – Jimmy John’s Sandwiches said Thursday it sold a majority stake to an affiliate of Atlanta-based private equity group Roark Capital Group. Terms of the deal were not disclosed. …
Thu., Sept. 8, 2016, 11:07 a.m.
Wal-Mart: Coke display stacked like twin towers removed
Wal-Mart says a display of Coke cans stacked to look like the World Trade Center has been removed from a Florida store, and was not meant to be disrespectful near …
Wed., Sept. 7, 2016, 6:06 p.m.
Pending oil pipeline ruling prompts beefed up police presence
North Dakota authorities are recruiting law enforcement officers from across the state to guard the site of a protest in anticipation of an impending federal ruling on whether to block …
Wed., Sept. 7, 2016, 5:41 p.m.
Cars.com spinning off on its own
Cars.com is spinning off on its own as a publicly traded company.
Wed., Sept. 7, 2016, 3:28 p.m.
Britain’s economy is stable – and people are surprised
Fear of an economic meltdown was the biggest weapon in the campaign to stop Britain from leaving the European Union.
Wed., Sept. 7, 2016, 2:49 p.m.
Stock indexes mixed; Nasdaq ekes out another record high
Even on a day when the major U.S. stock indexes barely budged, the market notched another milestone. The Nasdaq composite eked out a gain, pushing the tech-heavy index to its …
Wed., Sept. 7, 2016, 2:41 p.m.
U.S. growth weakened slightly this summer, Fed report shows
The economy grew at a moderate or modest pace this summer in eight of the Federal Reserve’s 12 U.S. districts, a slowdown from previous reports that may make Fed policymakers …
Wed., Sept. 7, 2016, 2:39 p.m.
HP Enterprise spins off software businesses in $8.8B deal
Hewlett Packard Enterprise Co. will spin off software units in an $8.8 billion deal that it says will help it focus on faster-growing businesses.
Wed., Sept. 7, 2016, 11:49 a.m.
Deny Vancouver Energy oil terminal, state official urges
Arguing that the proposed Vancouver Energy oil terminal creates “unprecedented and unacceptable” risks to the environment and Washington residents, Assistant Attorney General Matthew Kernutt in his closing brief recommended that …
Wed., Sept. 7, 2016, 11:33 a.m.
PayPal, Mastercard expand partnership
PayPal and Mastercard signed a deal Tuesday that aims to make it easier for PayPal users to pay with a Mastercard.
Tue., Sept. 6, 2016, 2:26 p.m.
Judge grants short work stop on 4-state oil pipeline
A federal judge has granted the Standing Rock Sioux tribe’s request to temporarily stop work on some, but not all of a portion of the $3.8 billion Dakota Access Pipeline …
Tue., Sept. 6, 2016, 11:54 a.m.
European proposal to ban American lobsters to move forward
An arm of the European Union says there’s enough scientific evidence to move forward with a review of Sweden’s request to declare the American lobster an invasive species.
Tue., Sept. 6, 2016, 11:28 a.m.
New York attorney general investigates EpiPen manufacturer
New York’s attorney general says his office is investigating Mylan Pharmaceuticals, which has been criticized for steep price increases for its emergency allergy treatment EpiPen.
Mon., Sept. 5, 2016, 1:59 p.m.
General Motors settles 2 bellwether ignition switch cases
General Motors Co. has settled two cases related to its defective ignition switches.
Mon., Sept. 5, 2016, 1:52 p.m.
Ailing Korean shipper Hanjin moves to resolve cargo chaos
Moving to unsnarl the chaos in its container cargo after it filed for bankruptcy protection, Hanjin Shipping Co. will seek stay orders in dozens of countries, the Financial Services Commission …
Mon., Sept. 5, 2016, 12:59 p.m.
U.S. holiday keeps a lid on European markets
European stock markets closed a tad lower Monday following mixed economic data. Trading activity was dented by the Labor Day holiday in the U.S.
Mon., Sept. 5, 2016, 12:28 p.m.
Protesters block Calais roads seeking migrant camp closure
Truckers, farmers, dockers and merchants angry at the disruption caused by thousands of migrants in their midst in the northern French city of Calais blocked the main access route to …
Mon., Sept. 5, 2016, 12:11 p.m.
Eurozone economy ‘losing momentum’ as Germany falters
The 19-country eurozone lost some economic momentum in August, largely because of a slowdown in Germany, a closely watched survey showed Monday, days ahead of another possible stimulus package from …
Mon., Sept. 5, 2016, 12:07 p.m.
China promises cooperation on steel at global summit
China agreed to cooperate more closely with its trading partners on its politically volatile steel exports as leaders of major economies ended a summit Monday with a forceful endorsement of …
Sun., Sept. 4, 2016, 6:43 a.m.
G-20 economic summit opens amid sluggish growth, trade disputes
Chinese President Xi Jinping called Sunday for leaders of the United States, Germany and other major economies to resist pressure to raise trade barriers as they opened a summit amid …
Sun., Sept. 4, 2016
Spokane County employment nearly back to pre-recession levels
With Labor Day upon us, here are some indicators of the state of labor in Spokane County.