Business & Economy
Business & Economy
An inauspicious milestone was achieved on Sunday: the yield curve remained inverted for three months, which has for almost half a century preceded economic recessions. Continue Reading A Yield Curve Inversion Just Happened. It’s Done So Before The Last 7 U.S. Recessions
Last year, investors accounted for 1 in 5 starter-priced homes, according to data released by CoreLogic on Thursday. The rate of investor purchases of starter homes has been rising and has nearly doubled since 1999. Continue Reading 1st-Time Homebuyers Are Getting Squeezed Out By Investors
This year U.S. women who graduated from college will likely make up a majority of adults with degrees in the labor force. The increase could signal greater earning potential for women in the future. Continue Reading New Report Says College-Educated Women Will Soon Make Up Majority Of U.S. Labor Force
Footwear companies face big costs in potential new tariffs on more Chinese imports. Almost all shoes sold in the U.S. are made overseas. Only about 200 factories remain. One man tried to change that. Continue Reading Why The American-Made Shoe Disappeared, And Why It’s So Hard To Bring Back
Just in the last year, the wine-in-can category has grown by more than 100 percent across the nation, measured by volume of units sold.
The third largest winery in the nation is Ste. Michelle Wine Estates, based in Woodinville, Wash. Now, it’s pouring huge amounts of juice into aluminum cans under its 14 Hands brand. Continue Reading Cracking The Tab On Summer: Northwest Wine Brands Increasingly Pour Into Cans
When you think of made-in-the-Northwest products, diamonds are probably not on your list. But soon, they could be. A contract signed Thursday for Columbia River hydropower clears the way for a foundry to make lab-created diamonds in Wenatchee. Continue Reading Apple Capital And Jewel Of Columbia? Hydropower Deal Clears Way For Wenatchee Diamond Making
A sweeping proposal by the state Department of Labor and Industries could grant overtime pay to thousands more workers in Washington. Currently, workers are guaranteed overtime pay if their salary is under $24,000 a year. The proposal would gradually raise that threshold to about $80,000 by 2026. Continue Reading Washington May Extends Overtime Rules To Thousands Of Previously Exempt Workers
President Trump announced that he will begin imposing tariffs on all goods imported from Mexico beginning June 10 unless that country does more to help reduce illegal immigration from Central America. Continue Reading President Trump Announces New Tariffs On Mexico To Force Cooperation On Illegal Immigration
Oregon is awash in pot, glutted with so much legal weed that if growing were to stop today, it could take more than six years by one estimate to smoke or eat it all. Now, the state is looking to curb production. Continue Reading Oregon Has A Big Oversupply Of Legal Marijuana. Now It’s Curbing Production
The Office of the U.S. Trade Representative published a list of Chinese goods that would be hit with new duties, from artists’ brushes to watches. Continue Reading U.S. Prepares Tariffs On Additional $300B Of Imported Chinese Goods
If the Trump administration follows through with its plan to hike tariffs on $200 billion worth of Chinese imports at midnight Friday, it would likely hurt not only China’s economy but American consumers and businesses, too. Continue Reading Who Would Pay For President Trump’s New Tariff Hike?
The Department of Education is expanding a fix to its troubled TEACH Grant program, giving millions of dollars of grant money back to public school teachers working in the country’s neediest schools. Continue Reading Teachers Begin To See Unfair Student Loans Disappear