economy

Canada, Culture And Commerce

Apr 17, 2013
Canadian flag
Flickr Photo/Arlo Bates

Vancouver Sun political correspondent Vaughn Palmer brings us the latest news from Canada. Film critic Robert Horton reviews what's happening on the silver screen. Then, Michael Parks wraps up the region's recent economic news.

Peter Blair Henry
Courtesy/NYU

A handful of third-world countries have turned themselves around from numerous hardships in the past 30 years: China rose from seemingly hopeless poverty, Mexico bounced back from the Third World Debt Crisis, Brazil overcame hyperinflation. 

It’s estimated that about 8.2 percent of US households don’t use bank accounts. Not only that — 20.1 percent of households are considered “underbanked,” meaning they use bank accounts but still opt for payday loans, check-cashing services and other alternatives. This is according to a recent survey by the Federal Deposit Insurance Corporation.

So why aren’t people using banks? Ross Reynolds talks to some of the un- and underbanked.

Canada, Culture And Commerce

Apr 3, 2013

Vancouver Sun political correspondent Vaughn Palmer brings us the latest news from Canada. Everett Herald film critic Robert Horton contemplates "Room 237," a look at the theories about the hidden meaning of Stanley Kubrick's "The Shining." Plus, Seattle Times columnist Jon Talton considers a Puget Sound economy without Boeing and the lessons of the canceled Lake Union Fourth of July fireworks.

KUOW Photo/Derek Wang

It’s 3:00 p.m. on a recent workday, and Buddy Yates sets off on the first leg of his long commute home. He and his guide dog, Palmer, step through the fast-food containers that litter the street on the way to Rainier Avenue South where he will catch his first bus.

The Creative Class: Dismissed?

Mar 25, 2013
Downtown Tacoma
Flickr Photo/Scott Hingst

More than a decade ago, Richard Florida’s best-selling book, “The Rise of the Creative Class,” was a cultural phenomenon. Florida argued that young, educated, single folks would reinvent American cities. Today, Florida's critics say the wealth of the creative class hasn't trickled down to the working class. What’s the evidence? Some places, like Tacoma, used Richard Florida’s ideas as a blueprint for reinventing their downtown areas. What was the outcome? We’ll explore these ideas with journalist and geographer Joel Kotkin and Tacoma arts administrator Amy McBride.

Flickr Photo/Chuck Taylor

Boeing has announced it will lay off 800 machinists in the Puget Sound area this year. The company says workforce needs on two of its newest jet programs have been reduced.

Is It Time To End Oil Subsidies?

Mar 21, 2013
Flickr Photo/Gage Skidmore

While policymakers debate the government’s budget, the Brookings Institute, a private nonprofit research organization, decided to host their own brainstorming session. They asked experts from all different fields to submit ideas for responsible deficit reduction.

One expert, Harvard professor Joseph Aldy, drafted a proposal eliminating oil and gas tax subsidies. A move Aldy estimates would save the US government $41 billion over 10 years.

BREWSTER, Wash. - There's one word that politicians almost always use when they talk about the U.S. immigration system. That word is “broken.” But what does that really mean? Residents of the small town of Brewster, Wash., know. For decades, immigrants have come from Mexico, often illegally, to work the surrounding apple and cherry orchards. Bewster, it turns out, is a microcosm of how the immigration debate is playing out.

The Power Of Emerging Economies

Mar 19, 2013
Freight shipment
Flickr Photo/Evan Leeson

In 2010, emerging economies accounted for almost 40 percent of the world's gross domestic product — twice as much as they did in 1990. Today, one in four Fortune 500 firms comes from emerging markets. How far can growth carry nations out of poverty and toward a strong economic foundation? We hear what the economic successes of developing countries can teach the developed world from Peter Blair Henry of NYU’s Stern School of Business.

Ask Americans to point out Cyprus, and most would have to spin a globe several times before noticing the small island nation, east of Greece and south of Turkey.

But whether or not you have ever given a thought to the 1.1 million people living there under the warm Mediterranean sun, Cyprus might send a chill up your spine this week.

Flickr Photo/Jiuck

You've heard the phrase, "It's not personal, it's business." But as people start to share everything from their bedroom to their dog it can, and often is both. So what is the sharing economy? A personal exchange of goods and services, sometimes for free, sometimes for money.

Think couch surfing, where homeowners allow people to sleep on their couch or in their spare bedroom for free. Or AirBnB where you can rent out your house or apartment. Or the Phinney Neighborhood Association's tool library that allows you to borrow tools without a fee. Or new services that allow you to rent out your car. There is even a co-op to share dogs. Ross Reynolds talks to listeners about their experiences, both good and bad, in this new sharing economy.

Flickr Photo/Ryan Sitzman

Vancouver Sun political correspondent Vaughn Palmer brings us the latest news from Canada. And it turns out Canada doesn’t want a coal port either. Then, film critic Robert Horton asks the question: What does it mean when something is “directed” in a movie? Also, Seattle Times economy columnist Jon Talton explores how the sequester cuts will affect our local economy.   

There were 236,000 jobs added to payrolls in February — many more than expected — and the jobless rate unexpectedly dropped by two-tenths of a point, to 7.7 percent, the Bureau of Labor Statistics reported Friday.

Canadian flag
Flickr Photo/Arlo Bates

Vancouver Sun political correspondent Vaughn Palmer brings us the latest from Canada. Film critic Robert Horton has a look at what's happening at the movies. Then, Michele Matassa Flores wraps up the region's recent economic news.

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