Economy
Latest Stories

What hitting the debt ceiling might mean for people in the Pacific Northwest
Hitting the national debt limit could force the federal government to stop or limit payments to federally supported programs or even direct payments to citizens.

Biden’s offshore wind plan could create thousands of jobs but challenges remain
When U.S. President Joe Biden talks about tackling climate change, he talks about economic opportunities. Offshore wind promises to provide many opportunities, but it's not for everyone.

Google axes 12,000 jobs, layoffs spread across tech sector
Google is laying off 12,000 workers, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs.

Inaugural census will track Oregon music industry’s economic impact
Through Jan. 15, commercial music workers including musicians, producers and venue owners, can make some noise in the first Oregon Commercial Music Census. The goal is to present policymakers with hard data on how well the music economy is doing across the state.

S&P 500 closes out dismal year with worst loss since 2008
Wall Street capped a quiet day of trading with more losses Friday, as it closed the book on the worst year for the S&P 500 in over a decade.
Oregon food banks forced to tighten belts as hunger swells across the state
Rising prices and soaring demand show no sign of subsiding.

More older Americans become homeless as inflation rises and housing costs spike
In Montana and across the nation, homeless shelters report the worrisome trend that seniors are a growing proportion of their residents.

Early retirement took off during the pandemic. An economic downturn could change that
Millions of workers left the labor force during the pandemic. Older workers have been slow to return, in part because many found themselves financially secure enough to retire.

Oregon housing market cools, but only slightly
Even as interest rates rise, and prices start to level out, Oregon's housing market is still “red hot,” Realtors say.

Stocks and bonds both get clobbered this time. Here’s what’s behind the double whammy
Stocks are down more than 20% this year. Usually when that happens bonds hold their value. But right now both are down sharply, hurting retirees and people saving for college in 529 plans.