Stories tagged: economy
Tue., Aug. 30, 2016, 11:04 a.m.
EU orders Apple to pay up to $14.5 billion in back taxes
Apple has to pay up to $14.5 billion – plus billions more in interest – in back taxes to Ireland after the European Union found Tuesday that the U.S. technology …
Tue., Aug. 30, 2016, 10:43 a.m.
Christie nixes bill to raise New Jersey minimum wage to $15
Republican Gov. Chris Christie on Tuesday shot down an attempt to raise New Jersey’s minimum wage to $10.10 an hour in the next year and to at least $15 over …
Mon., Aug. 29, 2016, 3:28 p.m.
Ammo makes plans to expand Lewiston operations
Vista Outdoor Inc. plans to expand its ammunition manufacturing capacity in Lewiston, creating up to 137 new jobs, to meet increasing market demand.
Fri., Aug. 26, 2016, 4:40 p.m.
Sports Authority customer data sold to Dick’s, but customers can opt out
As Sports Authority was holding going out-of-business sales and auctioning off store leases, it also sold its customers’ data to rival Dick’s Sporting Goods.
Fri., Aug. 26, 2016, 12:13 p.m.
US economy grew at tepid 1.1 percent pace in spring
The U.S. economy expanded at a sluggish 1.1 percent pace this spring as businesses sharply reduced their stockpiles of goods and spent less on new buildings and equipment. Yet most …
Fri., Aug. 26, 2016, 12:09 p.m.
Case for interest rate hike ‘has strengthened in recent months,’ Fed chair says
Federal Reserve Chair Janet Yellen signaled Friday that an increase in a key interest rate was on the table at the central bank’s next meeting in September but that a …
Thu., Aug. 25, 2016, 7:32 a.m.
Average U.S. 30-year mortgage rate unchanged at 3.43 percent
Long-term U.S. mortgage rates didn’t budge this week, remaining at historically low levels that continue to lure prospective home buyers.
Thu., Aug. 25, 2016, 7:27 a.m.
Applications for U.S. unemployment benefits were down last week
Slightly fewer people filed for U.S. unemployment benefits last week, a sign the American job market remains healthy.
Thu., Aug. 25, 2016, 7:18 a.m.
Orders for U.S. durable goods rebounded in July
Orders to U.S. factories for big-ticket manufactured goods surged in July, lifted in part by the biggest increase in orders in a key investment category since January.
Tue., Aug. 23, 2016, 5:49 p.m.
Traffic fatalities continued to surge in first half of 2016
Traffic fatalities were up 9 percent in the first six months of this year compared with the same period last year, continuing a surge in deaths that began two years …
Tue., Aug. 23, 2016, 3:36 p.m.
Low milk prices newest challenge to family farms
Arden Tewksbury has been a dairy farmer in northeast Pennsylvania for most of his 83 years. He’s also an agricultural activist who’s part of a movement to try to stop …
Tue., Aug. 23, 2016, 2:09 p.m.
Spiked EpiPen prices has lawmakers calling for FTC investigation
Lawmakers are demanding more information on why the price for lifesaving EpiPens has skyrocketed.
Tue., Aug. 23, 2016, 2:06 p.m.
Modest but steady gains for stocks
Stocks posted modest gains on Tuesday, bringing indexes nearly back to the record levels they reached last week. Homebuilders rose sharply following a big jump in sales of new homes …
Tue., Aug. 23, 2016, 12:47 p.m.
U.S. new-home sales climb to best level since late 2007
Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, the latest sign that low mortgage rates and a solid job market …
Tue., Aug. 23, 2016, 12:22 p.m.
Deficit increase after years of declines, new estimate indicates
A new government report released Tuesday blames lower-than-expected tax revenues for a spike in this year’s budget deficit to $590 billion. That’s an increase of about one-third over last year’s …
Mon., Aug. 22, 2016, 4:50 p.m.
Oregon collects $25.5M in marijuana taxes
Oregon has processed $25.5 million in tax payments from recreational marijuana from January through the end of July.
Mon., Aug. 22, 2016, 4:17 p.m.
California court upholds ban on dredges to extract gold
California’s ban on the use of suction dredges to extract gold from rivers is legal and not overridden by a 19th century federal law that allows mining on federal land, …
Mon., Aug. 22, 2016, 2:22 p.m.
Stocks end mostly lower; oil prices decline
Stocks closed slightly lower in quiet trading Monday after drifting most of the day between gains and losses. Energy companies fell along with the price of oil while biotechnology and …
Fri., Aug. 19, 2016, 2:10 p.m.
Kootenai County’s unemployment rate at 4.6 percent in July
Kootenai County’s unemployment rate dropped to 4.6 percent in July, down from 5 percent a year ago, according to the Idaho Department of Labor.
Wed., Aug. 17, 2016, 12:07 p.m.
Fed minutes: Conditions could ‘soon warrant’ a rate hike
Federal Reserve officials believed last month that near-term risks to the U.S. economy had subsided and that an interest rate increase could soon be warranted. But they did not indicate …
Tue., Aug. 16, 2016
Robert J. Samuelson: Can the private sector save economy?
Unfortunately, the locomotive is faltering. The economy didn’t pick up after the stimulus wore off. What ails the private sector? Can we do anything about it? Those are the crucial …
Fri., Aug. 12, 2016, 11:27 p.m.
Tepid retail sales lower expectations for U.S. economic growth
A sluggish month of retail spending has tempered expectations for the U.S. economy’s growth in the coming months.
Thu., Aug. 11, 2016, 3:18 p.m.
IMF, Egypt agree on $12B loan to fix ailing economy
The International Monetary Fund said Thursday it will grant Egypt a $12 billion loan over three years to help the Arab world’s most populous country mend its ailing economy following …
Tue., Aug. 9, 2016, 3:02 p.m.
Seattle officials propose sweeping law to protect workers from erratic schedules
Under a sweeping new scheduling law being considered by the city of Seattle, large retailers and many food-service companies with more than 500 employees would be required to give their …
Tue., Aug. 9, 2016, 2:13 p.m.
U.S. stocks eke out small gains; Nasdaq sets record close
U.S. stocks recovered from a late-afternoon slide to eke out small gains Tuesday, nudging the Nasdaq composite to its second record close in less than a week.
Tue., Aug. 9, 2016, 10:42 a.m.
Whitman County accounting errors create $150K shortfall
The Whitman County Commissioners must find a way to deal with a 2016 budget shortfall of about $150,000 that is the result of a series of recently discovered accounting errors.
Fri., Aug. 5, 2016, 11:10 a.m.
Five things we learned from the surprisingly strong July jobs report
U.S. employers added a healthy 255,000 jobs in July, a sign of confidence amid sluggish economic growth that points to a resilient economy.
Thu., Aug. 4, 2016, 2:09 p.m.
U.S. stocks barely budge ahead of monthly jobs report
U.S. stocks wavered Thursday and finished barely higher as an interest rate cut by the Bank of England, a move intended to shore up the British economy, wasn’t enough to …
Tue., Aug. 2, 2016, 8:38 p.m.
Seattle rental prices overtake Honolulu cost of living
You may not have the surf, Seattle, but you did just beat Honolulu when it comes to renting an apartment. Zumper, an apartment rental website, released its national rent report …
Tue., Aug. 2, 2016, 2:55 p.m.
U.S. consumer spending grew a solid 0.4 percent in June
American consumers turned in another strong month of spending in June despite a decline in spending on autos.