Fed to end ultra-low interest rates if hiring keeps improving, Powell says

Should hiring continue to improve, Chair Jerome Powell said the Federal Reserve will dial back its ultra-low interest rates policies later this year.

Infrastructure bill 2021: What does it mean for Washington state?

The infrastructure bill passed in the Senate earlier this week and is now being considered in The House of Representatives — if it passes, Washington state would receive up to $5 billion dollars in federal aid for highway programs.

Shipping snags prompt US firms to mull retreat from China

Game maker Eric Poses last year created The Worst-Case Scenario Card Game, making a wry reference to the way the coronavirus had upended normal life.

One million dollars up for grabs for innovative ideas to boost the economy in Everett

The City of Everett is putting up one million dollars in grant money for businesses and other organizations to come up with unique ideas to boost the economy.

COVID-19 pandemic recession ended in April 2020, shortest on record

The recession that broke out with the onset of the coronavirus pandemic lasted just two months, officially ended in April 2020. That makes it the shortest downturn on record, according to the committee of economists that determines when recessions begin and end.

Report: Full-time minimum wage workers can only afford rent in 7% of US counties

A recent report from the National Low Income Housing Coalition found that full-time minimum-wage workers can’t afford rent in most areas of the U.S.

American unemployment claims fall to 360,000, another pandemic low

The United States set another pandemic low in this week's jobs report, showing only 360,000 first-time filers for unemployment.

Consumer prices saw largest inflation spike in June since 2008

Consumer prices in June rose 0.9% from May and 5.4% over the past year — the sharpest 12-month inflation spike since June 2008.

June jobs report: US adds 850,000 jobs as economy extends its gains

U.S. employers added 850,000 jobs in June 2021, well above the average of the previous three months, the Labor Department said.

Washington unemployment rate dipped to 5.3% in May

Washington’s unemployment rate dipped slightly to 5.3 % last month, and the state added 8,300 jobs, officials announced Wednesday.

2020 teen summer employment was lowest since Great Recession

The number of teens who were able to get jobs during the summer of 2020 saw its lowest level since the Great Recession in 2008.

Chipotle raising prices to offset its $15 minimum wage hike

Chipotle announced it would be raising menu prices by as much as 4% to offset the cost of the employee pay raises announced last month.

Washington asks state high court to uphold tax on big banks

The Washington Attorney General’s Office on Tuesday asked the state Supreme Court to uphold a new tax on big banks, a year after a lower court judge sided with the industry in finding it unconstitutional.