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Sunday, November 17, 2019  Spokane, Washington  Est. May 19, 1883
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Stories tagged: recessions and depressions


Los Angeles becomes latest US city to favor $15 minimum wage

LOS ANGELES (AP) — Los Angeles is the latest and biggest city to endorse a hike in the minimum wage, adding to a string of successes for unions and advocates …


Battered, Greece faces years to recoup recession

ATHENS, Greece (AP) — In a tiny, windowless storeroom, elderly women sort through items normally destined for the trash. It’s an unlikely place to be saving lives.


Study: 35 percent in US facing debt collectors

WASHINGTON (AP) — More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban …


Conservatives sweep to Australia election victory

CANBERRA, Australia (AP) — Australia’s conservative opposition swept to power Saturday, ending six years of Labor Party rule and winning over a disenchanted public by promising to end a hated …


Massive Napa do-over prompts grape plant shortage

SAN FRANCISCO (AP) — Napa Valley, one of the world’s premier wine growing regions, has an uncommon problem these days: not enough new grapevine root stock is available to supply …


GOP throws Obama’s old deficit stands back at him

WASHINGTON (AP) — Some of the best Republican arguments against President Barack Obama’s proposals to avoid a “fiscal cliff” come from the president himself, in comments he made months or …


Obama and Boehner discuss fiscal cliff by phone

WASHINGTON (AP) — For the first time in days, President Barack Obama and House Speaker John Boehner spoke by phone Wednesday about the “fiscal cliff” that threatens to knock the …


Millions chase record $500M Powerball jackpot

CHICAGO (AP) — Eight months after a trio of ticket buyers split a $656 million Mega Millions jackpot to set a world lottery record, Powerball is offering up a prize …


Millions chase record $425M Powerball jackpot

CHICAGO (AP) — Eight months after a trio of ticket buyers split a $656 million Mega Millions jackpot to set a world lottery record, Powerball is offering up a prize …


Millions chase record $425M Powerball jackpot

CHICAGO (AP) — Eight months after a trio of ticket buyers split a $656 million Mega Millions jackpot to set a world lottery record, Powerball is offering up a prize …


Economy makes for tougher Thanksgiving journeys

CHICAGO (AP) — Millions of Americans piled their families into cars, hopped on buses and waited out delays at airports Wednesday as they set off on Thanksgiving treks that many …


More Thanksgiving travelers driving to save money

CHICAGO (AP) — Feeling the pinch of the sluggish economic recovery, many Americans setting out on the nation’s annual Thanksgiving migration sacrificed summer vacations, relied on relatives for airfare or …


US abortions fall 5 pct, biggest drop in a decade

NEW YORK (AP) — U.S. abortions fell 5 percent during the recession and its aftermath in the biggest one-year decrease in at least a decade, perhaps because women are more …


Economy means sacrifice for Thanksgiving travelers

CHICAGO (AP) — Feeling the pinch of the sluggish economic recovery, many Americans setting out on the nation’s annual Thanksgiving migration had to sacrifice summer vacations, rely on relatives for …


Survey: New grads can expect modest rise in hiring

Modest good news for college students: An annual survey predicts employers will increase hiring of new 4-year college graduates about 5 percent in the coming year. Demand for graduates with …


Obama presses GOP on taxing rich to avert ‘cliff’

WASHINGTON (AP) — President Barack Obama challenged congressional Republicans Wednesday to let taxes rise on the wealthiest Americans on both economic and political grounds, noting he campaigned successfully for re-election …


Fiscal cliff: Impasse on tax rates is big hurdle

WASHINGTON (AP) — House Republicans’ hard line against higher tax rates for upper-income earners leaves re-elected President Barack Obama with a tough, core decision: Does he pick a fight and …


US employers post fewest jobs in 5 months

WASHINGTON (AP) — U.S. employers posted fewer job openings in September after advertising more in August than first estimated. The report suggests hiring will likely remain modest in the coming …


Romney adds Election Day stops in Ohio, Pa.

FAIRFAX, Va. (AP) — Republican presidential candidate Mitt Romney added Election Day campaign stops in Ohio and Pennsylvania as he spent Monday warning voters of another recession if Democratic President …


US Oct. jobs report likely to show modest hiring

WASHINGTON (AP) — The October employment report the government will release Friday will likely solidify the picture of the U.S. job market that’s emerged this year: Companies are hiring steadily …


Census: Jump in young adults moving out of state

WASHINGTON (AP) — Their lives on hold for years, young adults are now making big moves in the fledgling economic recovery, leaving college towns or parents’ homes and heading out …


Big jump in young adults moving out of state

WASHINGTON (AP) — Their lives on hold for years, young adults are now making big moves in the fledgling economic recovery, leaving college towns or parents’ homes and heading out …


Centrist Sen. Specter died fighting for moderation

HARRISBURG, Pa. (AP) — Arlen Specter, a pugnacious and prominent former moderate in the U.S. Senate who developed the single-bullet theory in President John F. Kennedy’s assassination and played starring …


Ex-centrist Specter died fighting for moderation

HARRISBURG, Pa. (AP) — Arlen Specter, a pugnacious and prominent former moderate in the U.S. Senate who developed the single-bullet theory in President John F. Kennedy’s assassination and played starring …


A month before vote, ‘eclectic’ county deliberates

DOYLESTOWN, Pa. (AP) — When the recession cost Jerry Krone his longtime accounting job several year ago, he turned to his hobby — making gourmet jam in his Fountainville kitchen. …


Baby bust continues: US births down for 4th year

NEW YORK (AP) — U.S. births fell for the fourth year in a row, the government reported Wednesday, with experts calling it more proof that the weak economy has continued …


Auto sales, home prices help buoy weak US economy

WASHINGTON (AP) — The U.S. economy is looking more resilient, thanks in part to encouraging signs for the two most expensive purchases most Americans make: cars and homes. Cheap loans …


Census data another sign economy has bottomed out

WASHINGTON (AP) — More young adults are leaving their parents’ homes to take a chance with college or a job. Across the nation, people are on the move again after …


Has US economy bottomed out? Census suggests yes

WASHINGTON (AP) — The U.S. economy is showing signs of finally bottoming out: Americans are on the move again after record numbers had stayed put, more young adults are leaving …


Fed unveils bold, open-ended steps to aid economy

WASHINGTON (AP) — Alarmed by the chronically weak U.S. economy, the Federal Reserve launched an aggressive new effort Thursday to boost the stock market and make borrowing cheaper for years …