Stories tagged: economy
Thu., April 13, 2017, 9:24 a.m.
Bosses, be warned: Your biggest kiss-up could be your biggest backstabber
One of the most widely held – if rarely practiced – ideas in management is that it’s important for chief executives to encourage different opinions from the people who work …
Thu., April 13, 2017, 8:41 a.m.
Producer prices decline for first time since August 2016
Wholesale prices in the U.S. declined in March for the first time since August 2016, a sign broader inflation will accelerate only gradually, a Labor Department report showed Thursday.
Thu., April 13, 2017, 7:53 a.m.
Mortgage rates fall to their lowest levels of the year
According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 4.08 percent with an average 0.5 point. (Points are fees paid to a lender …
Wed., April 12, 2017, 8:14 a.m.
1,470 economists send Trump a letter to support immigrants
Almost 1,500 economists have addressed a letter to President Donald Trump and top congressional leaders stressing the importance of immigrants for economic growth.
Wed., April 12, 2017, 8:08 a.m.
Wal-Mart to discount online-only items delivered to stores
Starting next week, Wal-Mart will offer discounts on thousands of online-only items when customers elect to have them shipped to one of the company’s stores for pickup.
Tue., April 11, 2017, 8:51 a.m.
Toshiba warns of its ability to continue as going concern
Toshiba Corp., the 142-year-old conglomerate, warned on Tuesday it may not be able to continue as a going concern as it grapples with billions of dollars in losses from its …
Tue., April 11, 2017, 8:48 a.m.
U.S. employers posted more jobs in February and quitting fell
U.S. employers posted more open positions in February, but the number of people getting hired and the number quitting jobs fell. The overall figures suggest that the job market remains …
Mon., April 10, 2017, 10:23 a.m.
Retail woes drag takeover premiums to lowest level since 2008
The retail trends that are keeping U.S. shoppers away from malls are also putting a damper on deal-making. The number of mergers involving apparel, shoes and jewelry dropped 12 percent …
Mon., April 10, 2017, 8:05 a.m.
Toyota announces $1.33 billion investment in Kentucky plant
Toyota said Monday it is investing $1.3 billion to retool its sprawling factory in Georgetown, Kentucky, where the company’s flagship Camry sedans are built.
Sun., April 9, 2017, 8:08 a.m.
Cohn vows big push to get ‘cohesive’ tax plan done in 2017
White House economic adviser Gary Cohn said the Trump administration is still committed to passing a plan to overhaul the tax code this year, while acknowledging it may not be …
Fri., April 7, 2017, 8:15 p.m.
Plenty of beauty in jobs data beneath ugly headline number
For the March U.S. employment report, with its ugly headline payrolls number, it’s what’s inside that counts.
UPDATED: Fri., April 7, 2017, 8:17 p.m.
Seattle home prices hit $700,000 for first time after doubling in five years
King, Snohomish and Pierce counties all set records for home prices last month, ushering in the busy spring season with one of the biggest monthly price hikes in years for …
Fri., April 7, 2017, 8:40 a.m.
Oil spikes as U.S. strike against Syria roils global markets
Oil jumped as the U.S. cruise-missile attack against Syria roiled global financial markets.
Fri., April 7, 2017, 8:38 a.m.
U.S. adds 98,000 jobs in March; jobless rate dips to 4.5 percent
The momentum in the U.S. labor market flagged in March, new government data showed Friday, with the private sector and the government adding only 98,000 jobs as winter storms weighed …
Thu., April 6, 2017, 4:16 p.m.
Venezuela opposition keeps up pressure in streets
Tens of thousands of Venezuelans shut down much of the capital on Thursday and clashed with police to protest what they call an attempted coup by the socialist administration.
UPDATED: Thu., April 6, 2017, 9:13 p.m.
Trump kicks off Florida meetings with Chinese president
President Donald Trump and Chinese President Xi Jinping opened their high-stakes summit at Trump’s Florida beach resort Thursday, with the urgent threat of North Korea’s nuclear ambitions and tensions over …
Thu., April 6, 2017, 8:54 a.m.
Average 30-year mortgage rate falls to 4.10 percent
Long-term U.S. mortgage rates fell this week for a third straight week, approaching their low points for the year.
Thu., April 6, 2017, 8:52 a.m.
Comcast enters wireless business with $45-a-month service
Comcast Corp. unveiled a wireless service that offers unlimited data on Verizon Communications Inc.’s network for cheaper than plans from nearly every other competitor.
Thu., April 6, 2017, 8:49 a.m.
U.S. jobless aid applications fell to 234,000 last week
Fewer Americans applied for unemployment benefits last week, a sign of the job market appears to be increasingly secure for workers.
Wed., April 5, 2017, 8:35 a.m.
Senators want more details on Corps’ Dakota Access decisions
Two Democratic U.S. senators want the chief of the Army Corps of Engineers to explain the agency’s decision-making that ultimately paved the way for completion of the disputed Dakota Access …
Wed., April 5, 2017, 8:33 a.m.
U.S. services firms grew at slower pace in March
U.S. services companies saw their growth rate taper off in March, as hiring and business activity remained positive but dipped relative to February.
Wed., April 5, 2017, 8:32 a.m.
Survey: U.S. companies add 263,000 jobs in March, most in 2 years
U.S. private businesses added the most jobs in more than two years last month, a private survey found, a third straight month of robust gains.
UPDATED: Tue., April 4, 2017, 1:27 p.m.
Trump says he’ll only fund shovel-ready infrastructure jobs
With legislation overhauling taxes and health care on an uncertain path, President Donald Trump returned to the familiar. Trump brought 52 business leaders from New York City to the White …
Tue., April 4, 2017, 11:07 a.m.
Local apple leaders go to Washington
Local members of a statewide apple group and area fruit growers recently traveled to Washington, D.C., to meet with congressional legislators about the future of agriculture and the nation’s health.
Tue., April 4, 2017, 9:59 a.m.
Health advocates want soda tax on Portland-area ballot
Voters in Oregon’s most populous county might be voting on a soda tax this fall.
Tue., April 4, 2017, 8:53 a.m.
Olympia is fourth-best place to live in U.S., website says
Olympia has been ranked as the fourth-best place to live in the nation, according to the latest “Top 100 Best Place to Live” by website Livability.com.
Tue., April 4, 2017, 8:36 a.m.
U.S. trade deficit drops sharply to $43.6 billion in February
The U.S. trade deficit declined sharply in February as imports from China fell by a record amount and American exports rose for a third straight month.
Tue., April 4, 2017, 8:31 a.m.
U.S. factory orders up 1 percent in February
Orders to U.S. factories rose in February amid a surge in demand for commercial aircraft, but a key category that tracks business investment spending slipped for the first time in …
Mon., April 3, 2017, 8:41 a.m.
Uncertainty surrounds U.S. trade policy ahead of Trump’s first China meeting
After a campaign defined in large part by a pledge to turn the nation’s trade agenda on its head, President Donald Trump has opened his presidency with a series of …
UPDATED: Mon., April 3, 2017, 2:51 p.m.
Tumbling car sales drag down US auto market in March
Passenger car sales plummeted again in March, dragging U.S. auto sales to their third straight monthly decline, a strong indication that years of sales growth have come to an end.