economy

Economy
3:12 pm
Thu January 23, 2014

How Rising Taxes For Wealthy Americans Will Impact Economic Inequality

A household earning more than $1 million will see their taxes rates rise on average by $41,000.
Flickr/401 (K) 2012 (CC BY-NC-ND)

David Hyde talks with economist Dean Baker about why tax rates for wealthy Americans are going up and how that could impact economic disparity.

Boeing And Microsoft
2:45 pm
Fri January 3, 2014

Puget Sound Business News To Watch In 2014

Flickr Photo/Henry Alva (CC BY-NC-ND)

David Hyde discusses with economics columnist Jon Talton Boeing and Microsoft's big decisions and how they will effect the Puget Sound economy in 2014.

Low Birthrates
11:43 am
Thu January 2, 2014

Portugal's Baby Bust Is A Stark Sign Of Hard Times

Nurse Carina Araujo gives care to a child in the neonatal intensive care unit at Maternidade Doutor Alfredo da Costa Hospital in Lisbon, Portugal, on June 6. Portugal's birthrate has dropped 14 percent since the economic crisis hit.
The Washington Post The Washington Post/Getty Images

Originally published on Mon January 6, 2014 2:11 pm

In Lisbon, the waiting area of Portugal's biggest maternity hospital is empty. You can hear the hum of soda machines across the hall. There's just one expectant father, pacing the room.

Mario Carvalho, 40, has a toddler son and now awaits the birth of his baby girl.

"Today, I hope!" he says with a nervous smile.

The birth of a new baby is a joyous occasion. But in Portugal, it's an increasingly rare one. Since the economic crisis hit, the country's birthrate has dropped 14 percent, to less than 1.3 babies per woman — one of the lowest in the world.

Read more
Economy
7:30 am
Thu December 19, 2013

Washington Unemployment Drops, But Economic Weaknesses Remain

Originally published on Wed December 18, 2013 3:45 pm

The unemployment rate in Washington dropped a notch in November.

Read more
Co-Living
12:04 am
Thu December 19, 2013

Bay Area's Steep Housing Costs Spark Return To Communal Living

Residents of the Embassy House, a communal home near San Francisco's Haight-Ashbury district, eat dinner together every Sunday.
Elise Hu NPR

Originally published on Thu December 19, 2013 9:08 am

This week, we're exploring the San Francisco Bay Area and the way income inequality is affecting the region. Check out the other pieces of the week, aggregated on this page.

Read more
Europe
3:56 pm
Sun December 15, 2013

Ireland Exits Bailout Program, But Economy Still On The Mend

On Sunday, Ireland became the first country to formally exit the bailout program funded by the International Monetary Fund and the European Union.
Peter Muhly AFP/Getty Images

Originally published on Mon December 16, 2013 5:24 am

Ireland was one of the countries hardest hit by Europe's debt crisis. On Sunday, it passed a big milestone when the nation became the first country to formally exit the bailout program funded by the International Monetary Fund and the European Union.

After three years of the bailout program, it isn't hard to find signs of improvement in Ireland and of an economy coming back from the dead.

"Don't get me wrong, it's been bad in a lot of ways, but there's a silver lining in every cloud," says Conor Mulhall, a 41-year-old father of three.

Read more
Trade Agreement Anniversary
4:26 pm
Mon December 9, 2013

How Washington State Ended Up A NAFTA Winner

Marcie Sillman talks with Seattle Times economics columnist Jon Talton about the impact of NAFTA on Washington state's economy.

Education
9:02 am
Wed December 4, 2013

Improving Economy Means Lower Enrollment At Community Colleges

File photo of Portland Community College's Willow Creek Center in Hillsboro, Ore.
M.O. Stevens Wikimedia

Originally published on Tue December 3, 2013 4:15 pm

The improving employment picture in the Northwest isn't good news if you teach at a community college.

Read more
Middle East
11:52 pm
Sun November 24, 2013

Crippled By Sanctions, Iran's Economy Key In Nuclear Deal

A man pushes his cart loaded with fuel containers in Tehran, Iran. Sanctions on Iran's oil have put a serious dent in the country's economy, pushing up the inflation rate to 40 percent.
Vahid Salemi AP

Originally published on Mon November 25, 2013 10:11 am

Some of the sanctions against Iran will be eased under an agreement reached between Iran and six world powers over the weekend. In return, Iran promises to temporarily curb part of its nuclear program.

There's widespread agreement that sanctions have worked, squeezing Iran financially and bringing its leaders to the negotiating table. Iran's economy is, by any measure, in terrible shape.

Read more
Economy And Politics
3:59 pm
Thu November 21, 2013

The Metropolitan Revolution: How Cities Are Becoming Powerhouses

Flickr Photo/Henry Alva (CC BY-NC-ND)

Ross Reynolds talks to Bruce Katz, vice president of the Brookings Institution and co-director of the Brookings Metropolitan Policy Program, about how cities are becoming a fix to the economy and to politics.

Economy
11:58 am
Thu November 21, 2013

Washington Sees 'Soft Patch' In Hiring, Slow Overall Growth

Originally published on Wed November 20, 2013 3:25 pm

Washington state hit a 'soft patch' in hiring and is looking at slow overall growth. That news comes from two new data points on the Washington economy out Wednesday.

Read more
Aerospace
4:52 pm
Thu November 14, 2013

Boeing Analyst: Advantages To Keeping 777X In Puget Sound Area

Boeing said Thursday it has no further plans to negotiate with its Machinists after the union voted against a  contract extension Boeing said was key to its decision to build the 777X in the Puget Sound region. Now the company said it is looking at other locations. It said it would continue to consider the Puget Sound region, but as part of a competition with other places.

Read more
Economy
1:13 pm
Thu October 17, 2013

The Cost Of The Partial Government Shutdown

The shutdown cost the economy $24 billion according to research from Standard and Poor’s . Other analysts peg it at a few billion higher or lower. But what is certain is that the shutdown had a major economic impact, curtailing  annual growth in the fourth quarter to 2.4 percent , down from 3 percent , according to S&P.

The shutdown is over, for now. The agreement passed by the Congress and signed by the President keeps the government open until January 15. The debt ceiling has been raised through February 7. Jon Talton writes a column on business and the economy for the Seattle Times, he explains what we have gained and lost from the partial government shutdown.

Read more
Housing
8:43 am
Fri October 11, 2013

Fighting Foreclosure: Home Is Where The Bank Says It Is

Natalie Johnson in front of her new home.
KUOW Photo/Kendra Hanna

Natalie Johnson and her family lived in their rental home in Edmonds, Wash., for seven years. It was the longest they had lived anywhere.

Read more
Seattle Budget
8:46 am
Tue September 24, 2013

Seattle Mayor Proposes Spending Increases In 2014 Budget

Seattle Mayor Mike McGinn delivering his 2014 budget address in Seattle City Council chambers.
Flickr Photo/Mayor McGinn

Seattle Mayor Mike McGinn presented his 2014 budget proposal yesterday. In a speech before the Seattle City Council, he outlined a plan to boost spending for a host of government programs — from police staffing to universal preschool.

McGinn said the city is in a position to spend more because tax revenues are coming in stronger than expected. “Construction remains strong, our sales tax and real estate excise tax are exceeding forecasts," he said. "That means we can make new investments in our people and our infrastructure.”

Read more

Pages