Business & Economy

A boom in American consumers’ online shopping during the pandemic has prompted a boost in imports from Asia. But that left U.S. agriculture products without a ride back. Many ships aren’t waiting to be loaded with agricultural goods at West Coast ports before heading back across the ocean with empty containers. Plus, the Trump administration’s trade war hit apples hard. Read More
Washington’s 105-day legislative session has crossed the halfway point and a key deadline for policy (non-budget) bills to clear their chamber of origin has passed. Majority Democrats are moving swiftly to enact a pandemic-era agenda focused on issues like tax reform, police accountability, racial equity and global climate change. Minority Republicans, meanwhile, are Read More
Seattle’s technology billionaires are many things: innovators, visionaries, philanthropists and some less polite descriptors, depending on whom you ask. But thanks to some scrupulous digging by industry journal The Land Report, which tracks land ownership across the country, we now know that Microsoft co-founder Bill Gates has another feather in his multi hyphenated career Read More
WallStreetBets started as an investment forum — and its moderators continue to insist it is just that as the group has now grown to boast nearly 9 million members. But interviews with some of its members and an examination of its threads also show something else — that it's morphed into a movement of sorts, riding a giant wave of unresolved anger from the Great Recession. Read More
Washington billionaires would pay a “wealth tax” under a proposal in the state House that will get a public hearing on Tuesday. The bill is sponsored by Democratic state Rep. Noel Frame, who chairs the House Finance Committee, and would impose a one percent tax on intangible financial property, such as stocks and bonds, futures contracts and publicly traded options. A Read More
President Trump on Sunday night signed a massive coronavirus relief and spending package, relenting on a measure he had called a "disgrace" days earlier. The legislation, which combines $900 billion in COVID-19 aid with government funding through September 2021, was passed by large majorities in both houses of Congress on Dec. 21 — only to see Trump blindside legislators Read More
Congress plans to pass on Monday a bipartisan $900 billion COVID-19 relief bill after intense negotiations over its final details. Leaders of both parties are lauding the agreement, claiming victory for provisions they were able to get in — and keep out. The measure includes up to a $600 relief check for many Americans as well as an assortment of aid for small businesses Read More
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