Tagged: Economy

"After negotiating through the night," NPR's Yuki Noguchi reports, states attorneys general, federal officials and five major banks have agreed on a plan that will provide about $26 billion in mortgage relief and aid to homeowners who got crushed when the housing bubble burst.

OLYMPIA, Wash. – The number of people who are out of work in Washington is falling. It’s a sign the economy is recovering – albeit slowly. But it’s only been in the last two months that the government sector has started hiring again.

Tacoma’s 31-million-dollar predicted budget shortfall might be even worse than expected.  An outside review done by Herbert Research has found that Tacoma actually faces a 32-million dollar deficit of the current budget. 

But officials from the research firm say that they did not take into account any of the recent actions taken by the city to generate revenue. 

WASHINGTON, D.C. – A special budget panel lead by Washington Senator Patty Murray remains gridlocked as it nears its deadline next week. Some Northwest lawmakers are urging the so-called “super committee” to exceed its goal of cutting $1.2 trillion from the nation’s debt.

If the “supercommittee” fails to reach a bipartisan solution by next Wednesday, deep spending cuts are slated to fall on nearly all of the federal budget. That puts a lot of pressure on Murrray, a co-chair of the panel.

Strategic News Service publisher Mark Anderson is predicting the technology sector will end the year on a relatively high note. But, as he tells KPLU's Dave Meyer on The Digital Future, he's worried about the first quarter of 2012.

Our high school teachers always said that a college education was a sure fire way to ensure financial stability down the road but now there’s mounting evidence that no one is immune to financial disaster.

A new study found college graduates are the fastest growing group of consumers filing for bankruptcy in the nation.  And Washington State is no exception.

NEAR CLE ELUM, Wash. – Anti-poverty activists tried to crash a meeting of business leaders at a resort in Central Washington. The action – dubbed “Showdown at Suncadia” – happened today as the state’s chamber of commerce held its annual policy summit.

Seattle Mayor Mike McGinn wants Congress to put aside partisanship and pass President Obama's $450 billion American Jobs Act.

If passed, it could mean big bucks for the state of Washington; The federal government could fund up to $1.8 billion worth of public works projects that it says, would create jobs and improve infrastructure.

VANCOUVER, Wash. — It can be hard to find a job these days – especially with a felony conviction on your record.

That's the position offenders in the Clark County work release program have found themselves in. The inmates, who are serving the last few months of their sentence, are tasked with finding work to help them build up savings and gain work experience to help them reenter society.

A Northwest brand is finding women's apparel and jewelry a tough sell in the current economy. Idaho-based Coldwater Creek has announced it will close dozens of stores in the face of a 28 percent drop in sales.