Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Saturday, August 24, 2019  Spokane, Washington  Est. May 19, 1883
Cloudy 61° Cloudy

Tags


Stories tagged: economy


UPDATED: Wed., Aug. 21, 2019, 5:39 p.m.

U.S. home sales rose 2.5% in July, aided by low mortgage rates

U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying.


UPDATED: Wed., Aug. 21, 2019, 11:50 a.m.

Solid earnings from major U.S. retailers drive stocks higher

U.S. stocks marched broadly higher in midday trading Wednesday as investors welcomed a batch of strong earnings reports from several big retailers.


U.S. has 501,000 fewer jobs than first reported

The U.S. job market isn’t quite as strong as originally believed – with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported.


Robert J. Samuelson: Learning from the Great Depression

There are parallels between the present financial turmoil and past episodes of economic disruption, including the Great Depression of the 1930s.


UPDATED: Mon., Aug. 19, 2019, 4:13 p.m.

Technology companies drive a broad rally on Wall Street

The surge in tech stocks followed a decision by the U.S. to give Chinese telecom giant Huawei another 90 days to buy equipment from American suppliers. Chipmakers including Qualcomm, Intel …


UPDATED: Mon., Aug. 19, 2019, 10:51 a.m.

Trump dismisses worries of recession, says economy is strong

President Donald Trump dismissed concerns of recession on Sunday and offered an optimistic outlook for the economy after last week’s steep drop in the financial markets.


California’s 113-month job growth ties record set in 1960s

California’s unemployment rate has again fallen to an historic low of 4.1% as the world’s fifth-largest economy continues to add jobs following the Great Recession.


U.S. home building fell 4% in July, slowing housing market

The pace of U.S. home construction fell a sharp 4% in July despite strong demand from would-be buyers, held back by a shortage of skilled labor and affordable land.


Recession signs worry Trump ahead of 2020

President Donald Trump has been warning of an economic crash if he loses reelection, but recession may be coming before that.


UPDATED: Fri., Aug. 16, 2019, 6:35 p.m.

U.S. stocks end turbulent week with broad gains

Stocks around the world jumped Friday to cap another tumultuous week.


UPDATED: Thu., Aug. 15, 2019, 3:43 p.m.

U.S. stock indexes end mostly higher after volatile day

Stocks around the world remained stuck in the spin cycle Thursday, as worries about a possible recession collided with hopes that the strongest part of the U.S. economy – shoppers …


UPDATED: Wed., Aug. 14, 2019, 2:39 p.m.

Dow slumps 800 points after bonds flash recession warning

Stocks fell sharply Wednesday after the bond market threw up another warning flag on the economy.


U.S. consumer prices rose 0.3% amid widespread cost increases

The consumer price index increased 1.8% compared with a year earlier, up from 1.6% in June, the Labor Department said Tuesday. Excluding the volatile food and energy categories, core prices …


UPDATED: Tue., Aug. 13, 2019, 7:18 p.m.

Stocks rebound on U.S. plan to delay some China tariffs

Investors flipped back into buying mode Tuesday after the U.S. said it would hold off on tariffs of Chinese imports of mobile phones, toys and several other items typically on …


Robert J. Samuelson: Is the economy turning against Trump?

There is growing evidence of a possible recession. If one materializes, President Trump could lose his most powerful argument for reelection: a strong economy.


Froma Harrop: Economy not so rosy for the middle class

Good economic times don’t last forever. Jobs can disappear. When things go in the other direction, many Americans will learn yet another lesson in the economic risk of piling on …


U.S. wholesale prices rise just 0.2% in July

U.S. wholesale prices rise just 0.2% in July, as inflation remains tame


UPDATED: Fri., Aug. 9, 2019, 4:20 p.m.

Stocks stumble on trade-war worries, capping wild week

Stocks stumbled Friday as worries flared yet again that President Donald Trump’s trade war with China may be worsening.


Stocks move higher as investors push through trade anxiety

Stocks moved broadly higher on Wall Street Thursday as investors tried to shake off several days of volatile trading brought on by escalations in the U.S.-China trade war.


UPDATED: Wed., Aug. 7, 2019, 3:58 p.m.

Consumer credit up $14.6 billion, slowest in 3 months

Consumer borrowing slowed in June to the smallest increase in three months as a jump in auto loans and student loans was offset by a big drop in borrowing on …


UPDATED: Tue., Aug. 6, 2019, 3:26 p.m.

U.S. stocks notch solid gains as China stabilizes currency

Stocks closed broadly higher Tuesday as Wall Street regained its footing a day after the market had its biggest decline in a year.


Survey: US services sector slips to worst growth in 3 years

The pace of expansion for U.S. services companies fell to its slowest pace in nearly three years, as gauges of business activity and new orders weakened.


Trump accuses China of manipulating currency as yuan weakens

President Donald Trump accused China of manipulating its currency after Beijing let the yuan fall to a politically sensitive level against the U.S. dollar for the first time in 11 …


UPDATED: Thu., Aug. 1, 2019, 6:13 p.m.

Survey: U.S. manufacturing growth slows again in July

U.S. factory activity expanded at a slower rate in July for the fourth consecutive month as the Trump administration squares off with other countries on trade.


UPDATED: Thu., Aug. 1, 2019, 6:50 p.m.

Richer U.S. households fueling a hot job sector: ‘wealth work’

A rising number of American workers may be feeling nearly as dazzled on the job. One of the fastest-growing job categories of the past decade has been in what David …


U.S. business economists see slower growth and profits ahead

U.S. business economists expect economic growth to slow this year, and a rising proportion of them think corporate sales and profits will decline.


Treasury secretary, trade rep headed to China for more talks

Treasury Secretary Steven Mnuchin is returning to China next week to further talks aimed at resolving a trade battle between Washington and Beijing.


UPDATED: Wed., July 24, 2019, 5:09 p.m.

U.S. new-home sales increase 7% in June after 2 months of decline

U.S. new home sales rose at a modest pace in June but remained below sales levels earlier this year, suggesting low mortgage rates and a healthy job market aren’t encouraging …


U.S. home sales fall 1.7% with prices high and supply low

U.S. home sales tumbled 1.7% in June, with rising prices and a scarce supply locking out many Americans from ownership.


IMF sees a weaker global economy but upgrades U.S. forecast

The IMF said Tuesday that it expects the global economy to expand by a “sluggish” 3.2% in 2019, down from 3.6% in 2018 and from the 3.3% growth it forecast …