Stories tagged: economy
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.
Tue., Aug. 2, 2016, 2:30 p.m.
Freddie Mac posts $993M profit in 2Q; paying $933M dividend
Mortgage giant Freddie Mac reported net income of $993 million for the second quarter, down sharply from the same period of 2015.
Tue., Aug. 2, 2016, 2:09 p.m.
Job alert: State Farm to hire more than 200 in Tacoma
State Farm will hold a job fair next week to fill more than 200 positions at its Tacoma location.
Tue., Aug. 2, 2016, 2:04 p.m.
Japan Cabinet OKs new stimulus package to pump up growth
Japan’s Cabinet approved a fresh economic stimulus package on Tuesday worth more than $275 billion, Prime Minister Shinzo Abe’s latest effort to get the stalling recovery back on track.
Tue., Aug. 2, 2016, 2 p.m.
ADP to pay $1.4 million to settle racial discrimination charges
Payroll processor ADP has agreed to pay nearly $1.4 million to resolve charges alleging it discriminated against black and Hispanic job candidates and employees in Illinois.
Tue., Aug. 2, 2016, 1:58 p.m.
Kennametal to slash 1,000 jobs
Kennametal, a Pittsburgh-based industrial tool maker that Monday reported a loss for the second consecutive year, is cutting 1,000 jobs, or about 8 percent of its global workforce as part …
Tue., Aug. 2, 2016, 1:57 p.m.
Home ownership in U.K. at lowest level in 30 years
A new study has found that the proportion of people owning their homes in England has fallen to its lowest level in thirty years.
Tue., Aug. 2, 2016, 1:28 p.m.
Starbucks recalls stainless-steel straws on reports of cuts
Starbucks is recalling stainless-steel straws it sold in its stores and online after three reports of children suffering “mouth lacerations” while using them.
Fri., July 29, 2016, 2:23 p.m.
Stocks close mostly higher, helped by technology, oil
Stocks ended slightly higher on Friday, helped by better-than-expected quarterly results from Google’s parent Alphabet and retailer Amazon and a modest recovery in oil prices.
Fri., July 29, 2016, 2:20 p.m.
Strike disrupts Air France flights amid summer vacation
Air France has canceled 10 percent of its long-distance flights Friday, during a period of high traffic due to summer vacations, because of a strike by cabin crew.
Fri., July 29, 2016, 11:08 a.m.
U.S.-banned genetically modified wheat found in Washington
Federal authorities say genetically modified wheat that’s banned for sale or production in the United States has been found growing in a field in Washington state.
Fri., July 29, 2016, 10:46 a.m.
U.S. economy grew at weak 1.2 percent annual rate in second quarter
The weak start to 2016 continued through the spring, with the U.S. economy growing at a surprisingly weak 1.2 percent annual rate in the second quarter, the Commerce Department said …
Fri., July 29, 2016, 10:44 a.m.
U.S. wages, benefits see steady rise in second quarter
The wages and benefits paid to U.S. civilian workers rose at a steady pace in the second quarter compared to the first three months of the year, as income growth …
Fri., July 29, 2016, 10:43 a.m.
SABMiller to recommend AB Inbev deal despite value shift
The board of brewer SABMiller says it intends to “recommend” that shareholders accept Anheuser-Busch InBev’s revised takeover offer, clearing the way for a shareholder vote on the mega-deal.
Fri., July 29, 2016, 10:42 a.m.
Eurozone growth halves in Q2 but inflation inches up in July
Official figures show that economic growth across the 19-country eurozone halved in the second quarter of the year, a development that’s probably more likely due to the fading boost from …
Fri., July 29, 2016, 10:41 a.m.
U.S. regulators: Still heavy risk in big bank loans
Federal regulators say risk remains heavy in large loans made by banks and other financial institutions, though lending standards have improved.
Tue., July 26, 2016
Robert Samuelson: Trump leverages false expectations
Americans are now said to be “angry” and to demand “change.” This is misleading. In the past two decades, Americans have had more change than they wanted.