recession http://kuow.org en Citigroup Agrees To Pay $7 Billion To Resolve Mortgage Probe http://kuow.org/post/citigroup-agrees-pay-7-billion-resolve-mortgage-probe <a href="http://www.citigroup.com/citi/news/2014/140714a.htm">Citigroup said Monday</a> it had agreed to pay $7 billion to settle a federal investigation into subprime mortgages it sold in the run-up to the financial meltdown of 2008.<p>The deal covers mortgage-backed securities and collateralized debt obligations issued, structured or underwritten by Citi between 2003 and 2008, the company said in a statement on its website.<p>Citi said it would pay $4.5 billion in cash and $2.5 billion in consumer relief, which will be in the form of financing for affordable rental housing, principal reducti Mon, 14 Jul 2014 11:40:00 +0000 editor 38172 at http://kuow.org Citigroup Agrees To Pay $7 Billion To Resolve Mortgage Probe US Will Return To Historic Levels Of Inequality Says One Economist http://kuow.org/post/us-will-return-historic-levels-inequality-says-one-economist <p>Here in the Puget Sound region and across the country, the economy is making slow and steady progress in recovering from the Great Recession of 2008. But moving forward, many questions still remain. A crucial one involves the growing inequality gap. Economist <a href="http://www.gmu.edu/centers/publicchoice/faculty%20pages/Tyler/">Tyler Cowen</a> says the U.S. will return to historic levels of inequality and in turn, we'll see a thinning out of the middle class.</p><p>His latest book is called <a href="http://www.us.penguingroup.com/nf/Book/BookDisplay/0,,9780525953739,00.html">“Average Is Over: Powering America Beyond The Age Of The Great Stagnation.”</a> Cowen talked with Marcie Sillman. Wed, 26 Mar 2014 19:30:18 +0000 Marcie Sillman & Andy Hurst 20564 at http://kuow.org US Will Return To Historic Levels Of Inequality Says One Economist Construction Is Everywhere, But Industry Still Fragile http://kuow.org/post/construction-everywhere-industry-still-fragile <p>Construction is now the fastest-growing industry in Washington state. Construction cranes fill the skyline. Public works projects like light rail lines and the tunnel project snarl our streets. But despite appearances, construction has not yet fully recovered from the 2008 recession. Thu, 26 Sep 2013 11:00:00 +0000 Carolyn Adolph 21002 at http://kuow.org Construction Is Everywhere, But Industry Still Fragile Luke Timmerman On Finding Biotech Work http://kuow.org/post/luke-timmerman-finding-biotech-work <p>The biotech industry took a big hit during the recession, and it can <a href="http://kuow.org/post/scientist-shortage-not-seattle">still be difficult in this area to find and keep work in that field</a>. But for those looking to enter the industry there are a few things you should keep in mind. Luke Timmerman, the national biotech editor at Xconomy, an online business and technology blog, explains what you should consider before taking a job in biotech and the challenges of the industry. Wed, 25 Sep 2013 17:56:14 +0000 Ross Reynolds & Kara McDermott 20978 at http://kuow.org Luke Timmerman On Finding Biotech Work Passing The Torch To A New Generation Of Welders http://kuow.org/post/passing-torch-new-generation-welders <p></p> Thu, 19 Sep 2013 08:00:00 +0000 Ann Dornfeld 20338 at http://kuow.org Passing The Torch To A New Generation Of Welders Rents Rising In Seattle And Portland As Wages Stay Flat http://kuow.org/post/rents-rising-seattle-and-portland-wages-stay-flat <p>If you’re on the hunt for an affordable apartment in Seattle, Bellevue or Tacoma – good luck. Rents in these urban areas continue to climb higher while people’s earnings remain stagnant, according to a new annual census report released Thursday. Thu, 19 Sep 2013 08:00:00 +0000 Liz Jones 20589 at http://kuow.org Rents Rising In Seattle And Portland As Wages Stay Flat Health Care Sector Jobs Slowly Rebounding From Recession http://kuow.org/post/health-care-sector-jobs-slowly-rebounding-recession <p>Nursing schools around the country have seen a jump in enrollment in the last few years. Many students were hoping to get in on what was supposed to be a recession-proof field: the growing health care sector. Instead, new graduates faced a tough market. Tue, 17 Sep 2013 15:20:07 +0000 Ruby de Luna 20258 at http://kuow.org Health Care Sector Jobs Slowly Rebounding From Recession Put Your Money Where Your Mouth Is: The Conversation Talks Economics http://kuow.org/post/put-your-money-where-your-mouth-conversation-talks-economics <p>We discuss the economy a lot on <em>The Conversation</em>. From the effects of the recession to financial planning, money is always in the news. Today, we rebroadcast some of our best interviews with economists and financial reporters, including a talk with Paul Krugman in front of a live studio audience.</p><p> Wed, 21 Aug 2013 13:00:00 +0000 The Conversation With Ross Reynolds 17827 at http://kuow.org Put Your Money Where Your Mouth Is: The Conversation Talks Economics Western Idaho Resort Muddles Through Extended Limbo http://kuow.org/post/western-idaho-resort-muddles-through-extended-limbo <a href="http://cpa.ds.npr.org/northwestnews/audio/2013/02/020713TB_Tamarack_web.mp3" class="asset-audio"></a><p>DONNELLY, Idaho - The real estate crash triggered some big bankruptcies in the Northwest, but few are as spectacular and convoluted as the foreclosure of the unfinished Tamarack Resort in western Idaho. What was supposed to be the Northwest's newest destination resort remains in extended legal limbo, but plucky homeowners are keeping it alive until a new buyer arrives.<p>A foreclosure auction on the courthouse steps is an outcome most people want to avoid. Fri, 08 Feb 2013 15:08:17 +0000 Tom Banse 7908 at http://kuow.org Western Idaho Resort Muddles Through Extended Limbo