economy

Author Interview
10:18 am
Fri May 23, 2014

Nomi Prins On The History Of Wall Street And The White House

Credit Nomi Prins' new book, "All the Presidents' Bankers"

In Nomi Prins' new book "All the Presidents' Bankers," she delves into over a century of close ties between the White House and Wall Street. Using archival correspondence, she explores the ways a small group of influential people, elected and not, has shaped American policy at home and abroad. The book details economic expansion, contraction and crises from the panic of 1907 to today, in the context of what Prins calls America’s genealogy of power.

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Economics
2:34 pm
Fri May 9, 2014

Americans Don't Understand The Budget, And It's Partially The Media's Fault

Flickr Photo/BC Gov Photos

Ross Reynolds talks with economist Dean Baker about why the way we talk about numbers is wrong, and how we can do it better.

News From Canada
4:12 pm
Wed April 30, 2014

Canada's Middle Class Surpasses U.S. Middle Class

Credit Flickr Photo/Robert Fairchild (CC BY-NC-ND)

David Hyde talks with Vaughn Palmer, columnist for the Vancouver Sun, about the latest news from Canada.

Agriculture
7:25 am
Wed April 30, 2014

High Milk, Beef Prices Spur A Northwest Cattle Rush

Dean Hibbs, with All West Select Sires, could be called the date doctor for dairy and beef cows. He’s tallying their traits and seeing which bull might be the best match to produce the highest-quality dairy calf.
Anna King Northwest News Network

Originally published on Fri May 2, 2014 10:24 am

We’ve all heard of the Western Gold Rush. But how about the Northwest cattle rush?

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Local Economy
2:52 pm
Mon April 28, 2014

Finding Business Outside Of Boeing In Snohomish County

Boeing's Everett factory.
Credit Flickr Photo/David Prasad (CC BY-NC-ND)

Marcie Sillman speaks with Seattle Times business columnist Jon Talton about the economic climate of Snohomish County — with and without Boeing's business.

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Lending Down
11:20 am
Fri April 25, 2014

Housing Market Sputters, Defying Expectations

Originally published on Fri April 25, 2014 12:02 pm

In what’s usually the busiest home-buying season, mortgage lending dropped to its lowest level in 14 years and purchases of new homes sank 14.5 percent.

Some of the factors: mortgage rates have ticked up and investors who snapped up homes last year have retreated. What’s in store for the near future of the housing market?

Tom LaMalfa, an economist and contributor to Mortgage Banking Magazine, discusses this with Here & Now’s Jeremy Hobson.

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Economic
2:59 pm
Mon April 21, 2014

The Growing Wage Gap Between Executives And Workers

Credit Flickr Photo/Tax Credits (CC BY-NC-ND)

Marcie Sillman talks with Seattle Times economics columnist Jon Talton about the growing income gap between CEOs and workers.

Unemployment
3:52 pm
Wed April 16, 2014

Washington State Jobs Picture Shows Slow Growth

Sign on the U.S. Chamber of Commerce building, Washington, D.C., January 1, 2012.
Credit Flickr Photo/Victoria Pickering

The latest figures show the unemployment rate in Washington state is holding steady at 6.3 percent. The Employment Security Department said the state added an estimated 6,700 jobs in March. The biggest job gains last month were seen in professional and business services.

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Economy
3:09 pm
Tue April 15, 2014

How Collaborative Commons Is The Beginning Of The End For Capitalism

Credit Jeremy Rifkin's latest book, "The Zero Marginal Cost Society."

Marcie Sillman talks with Jeremy Rifkin about his new book, "The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism."

Economy
3:21 pm
Mon April 7, 2014

The Challenges Of The Northwest's Maritime Industry

Credit Flickr Photo/Charles Spurr (CC BY-NC-ND)

Steve Scher talks with Seattle Times columnist Jon Talton about the challenges facing the maritime industry in the Pacific Northwest.

Thinning Of Middle Class
12:30 pm
Wed March 26, 2014

US Will Return To Historic Levels Of Inequality Says One Economist

Tyler Cowen's book "Average is Over."

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 Tyler Cowen says the U.S. will return to historic levels of inequality and in turn, we'll see a thinning out of the middle class.

His latest book is called “Average Is Over: Powering America Beyond The Age Of The Great Stagnation.” Cowen talked with Marcie Sillman.

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Economy
4:10 am
Thu March 20, 2014

Unemployment Rate Holds Steady In Washington, Dips In Oregon

Washington Employment Security Department

Originally published on Wed March 19, 2014 3:31 pm

Washington state's unemployment rate held steady in February at 6.4 percent according to fresh numbers from the state Employment Security Department.

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Sports Industry
12:19 pm
Wed March 19, 2014

Has Seattle Sounders’ Success Trickled Down Into Pioneer Square?

Salvatore Savago, "The Hot Dog King," sells about $1,000 worth of tube steaks on Sounders game days. That's more than three times his regular haul.
Credit KUOW Photo/Joshua McNichols

The Sounders FC soccer team played their first Major League Soccer game five years ago Wednesday. In that time, the team’s fans have broken attendance records over and over.

But has the team’s financial success trickled down into the community? It depends on who you ask.

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Minimum Wage
3:46 pm
Thu March 13, 2014

David Neumark: Low-Income Family And Low-Wage Worker Are Related 'Very Loosely'

Flickr Photo/401(K) 2012 (CC BY-NC-ND)

Marcie Sillman talks with economist David Neumark at the University of California, Irvine, about what key issues Seattle needs to address before raising its minimum wage.

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Economy
3:55 pm
Fri March 7, 2014

Zachary Karabell: Unemployment Rate Doesn't Tell Us Much

Zachary Karabell's "The Leading Indicators."

David Hyde talks with Zachary Karabell, head of Global Strategy at the financial services firm Envestnet, about why we shouldn't use the unemployment rate to inform public policy.

Karabell is also the author "The Leading Indicators: A Short History of the Numbers That Rule Our World."

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