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economy

Will Vancouver continue to be a stand-in for Seattle in film and television.
Flickr Photo/Alex Costin (CC BY ND 2.0)/https://flic.kr/p/rTJE31

The Trump presidency is dampening some Canadians’ enthusiasm for travel to the United States.

That’s according to the Conference Board of Canada, a not-for-profit group that tracks economic trends.

Gary Locke is former U.S. ambassador to China and former Governor of Washington State
KUOW Photos / David Hyde

Gary Locke worries the Trump administration is lurching toward a twofold disaster in its China policy.

But he's also hopeful that disaster can be avoided.

Flickr photo/Bill Holmes (CC BY-ND 2.0)/https://flic.kr/p/tujYE

Political scientist Mark Smith says President Donald Trump's tweet against Seattle-based retailer Nordstrom is one form of corruption.

"It's using public office to enrich yourself or your family members," Smith told KUOW's Kim Malcolm.

"We've been able to avoid that for most of our history."


Since its founding in the 1950s, the Indian Health Service has provided medical care for many Native Americans. But the service has been chronically underfunded, so often pays for care only if someone is in immediate danger of losing life or limb.

 David Rolf, president of SEIU 775, which represents home care and nursing home workers in Washington state and Montana.
KUOW Photos / David Hyde

What if you got paid $1,000 month ... for doing nothing? That’s a serious proposal that one prominent Washington state labor leader wants President Donald Trump to consider.


The Dow Jones industrial average cruised past another milestone Wednesday — the 20,000 level, further evidence of the long bull market that has lifted share prices since the depths of the financial crisis.

The index closed at a record 20,068. Since the November elections, the Dow and the broader S&P 500 are up 9.5 percent and 7.4 percent, respectively.

For several years, Oxfam International has released an annual report on global wealth inequity. The numbers were startling: In the 2016 report, Oxfam said the world's richest 62 people owned as much wealth as the poorest 3.6 billion.

Britain's prime minister said Tuesday that the United Kingdom will walk away from the European Union's single market and unified court system, making a sharp break with its largest trading partner.

In a speech delivered about six months after voters passed a referendum requiring Britain to leave the EU, Prime Minister Theresa May laid out a plan for what that split would look like, emphasizing limits on migration into the country.

Amazon announced on Thursday that it’s adding 100,000 jobs nationwide by the middle of 2018.

It's a huge growth spurt for the Seattle-based company. The hiring will boost Amazon's U.S. workforce from 180,000 to 280,000 people in just 18 months time. The company had just 30,000 workers back in 2010.

One of the most stressful questions a new parent confronts is, "Who's going to take care of my baby when I go back to work?"

Figuring out the answer to that question is often not easy. When NPR, along with the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health, surveyed more than 1,000 parents nationwide about their child care experiences, a third reported difficulty finding care.

Are Uber, Lyft and other internet-connected car services the missing link for transit agencies? In the Puget Sound region, we're about to find out.
Flickr photo/Jason Tester Guerrilla Futures (CC BY-ND 2.0) https://flic.kr/p/kAYh8Z

Uber and Lyft drivers will decide this spring on whether to form a union. This week, the city of Seattle finalized which drivers will get to voice their opinion.

Uber officials aren't happy.

The Great Recession ended 7 1/2 years ago, and job gains have been steady since, but greater demand for workers is only starting to increase pay.

The increases are still relatively modest, and the data are still mixed. In October, for example, the Labor Department reported average hourly earnings increased at a 2.8 percent rate — the highest since mid-2009, but wage growth slowed in November. A separate report this month showed the cost of labor — another measure of wage growth — increased especially during the spring of this year.

Patricia Murphy speaks with Seattle Times economics columnist John Talton about how President-elect Donald Trump's economic polices will affect the Puget Sound region. 

The widening gap between rich and poor Americans has pushed the chances of children earning more money than their parents down to around 50 percent, economic researchers say. That's a sharp fall from 1940, when 90 percent of kids were destined to move up the income ladder.

Unemployment dropped by 0.3 percentage points, to 4.6 percent, last month — the lowest rate since 2007 — according to the monthly jobs report from the Bureau of Labor Statistics.

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