economy

Washington and Oregon's latest unemployment numbers offer a paradox.

Amazon.com logo
Flickr Photo/Guillermo Esteves (CC-BY-NC-ND)

Ross Reynolds talks with Felix Salmon, financial commentator and senior editor for news network Fusion, about Seattle's e-commerce giant, Amazon, and what happens when one company makes it big time. 

Ross Reynolds talks with Seattle Times economics columnist Jon Talton about what the recent election results could mean for Washington state's economy.

Ross Reynolds talks with Tom Allison, policy and research manager for the Millennial advocacy group Young Invincibles, about youth employment in the United States.

This story is part of the New Boom series on millennials in America.

So your child moved back in with you after graduation, and it seems like she will never leave. Or worse, you're sending rent checks each month while she searches for jobs in the big city.

You often find yourself wondering if she will ever grow up. You're concerned that your child is suffering from delayed adolescence.

Job growth stalled during September in Oregon and Washington according to new numbers from the respective state employment departments.

Ross Reynolds speaks with Jon Talton, economics columnist for the Seattle Times, about factors that could slow down the current Seattle economic boom.

The Chinese real estate developer Landsea plans to invest $1 billion in the U.S. housing market, according to the company. “The Chinese housing market is slowing down. In the U.S., it’s coming up,” said John Ho, managing director of Landsea’s U.S. subsidiary, yesterday.

Michael Regan of Bloomberg News spoke to Here & Now’s Jeremy Hobson about how the developer will start with three projects — one in California’s Simi Valley, another near San Francisco and a third outside of Manhattan.

Ross Reynolds talks to Seattle Times economic columnist Jon Talton about the antitrust probe China has filed against Microsoft. Also, who will move to Federal Way now that Weyerhaeuser is moving to Pioneer Square?

Marcie Sillman talks with St. Lawrence University economist Steven Horwitz about new bartering exchanges and how they compare to bartering of the past.

Buffalo Abandoned Homes Selling For $1

Aug 19, 2014

Like many cities, Buffalo, New York, is facing a glut of abandoned homes and lots. There are roughly 16,000 vacant lots and 4,500 vacant homes throughout the city.

Instead of tearing the homes down, city officials are selling them for $1. They’re calling it the Urban Homestead Program. The program requires that residents have the ability to make necessary repairs, and commit to living in the home for at least three years.

Online rental brokers like Airbnb, VRBO and Flipkey in San Francisco may be finding some success renting to visitors on a nightly basis, but people concerned about a shrinking rental market have turned to legal action and protests.

In the city's North Beach neighborhood, for example, protesters recently gathered around a three-unit apartment with flats an online broker rents to vacationers. This used to be the rent-controlled home of elderly tenants until out-of-town investors bought the building and evicted the residents.

Flickr Photo/Chas Redmond (CC-BY-NC-ND)

California-based biotech firm Amgen announced on Tuesday that it would close its Seattle and Bothell campuses by 2015, resulting in the loss of 660 jobs locally. The closure is part of a company-wide layoff of an estimated 2,400 to 2,900.

From Ubrlocal's Facebook page

Ross Reynolds talks with Kamal Patel, co-founder of Ubrlocal, a marketplace for Seattle gardeners and farmers to share their wares.

Flickr Photo/Wonderlane (CC-BY-NC-ND)

Last week, Microsoft began the biggest layoffs in the company’s history: 18,000 total expected in the next year. So far, about 1,300 local workers have been affected.

Jon Talton, business reporter for the Seattle Times, told KUOW’s Ross Reynolds on The Record that this event is a test for the local economy. He said the Seattle area is in the midst of an economic boom – driven by Amazon, Boeing’s 777X and 737, increased exports and low unemployment.

Pages