Economy

275 Stories

How downtown Seattle's forsaken real estate could bring good fortune

Some real estate experts say downtown Seattle has hit rock-bottom, or will soon. And there’s nowhere to go but up.
Joshua McNichols
A snowball that became an avalanche. Lessons from the financial struggles of the Bellevue Arts Museum

What started as an art fair made it big in 2001, when the Bellevue Arts Museum opened its brand-new building on the corner of 6th Street and Bellevue Way. But in the decades since opening its doors, BAM has struggled financially, and in recent reporting, the Seattle Times’ Margo Vansynghel found that a recent fundraiser was just one symptom of larger financial struggles.
Libby Denkmann

Alec Cowan
Striking Seattle electrical workers demand better pay, improved safety

Striking electrical workers from IBEW Local 46 have shut down eight work sites after negotiations broke down with the Puget Sound Chapter of the National Electrical Contractors Association (NECA).
Kamna Shastri
Do basic income programs cause people to work less? Let's ask Alaska

Since the early 1980s, Alaska has sent checks to residents every October, generally for around $1,000 or $2,000. In 2020, they were for more than $3,000. A typical household could get up to $10,000.
Alec Cowan

Libby Denkmann
The rise and fall of ecommerce giant Zulily

When you need new stuff, odds are you reach for your phone instead of your car keys. Buying things online is just a way of life for many of us. But the market is changing, and there have been local casualties. Seattle Times Business reporter Lauren Rosenblatt tells the story of Zulily… a local internet retail company that boomed, and busted. It points to the way ecommerce is changing.
Patricia Murphy

Clare McGrane
Balancing the books: Financial education could become a graduation requirement in Washington

A bill to make financial education a high school graduation requirement is making its way through the legislature in Olympia.
Katie Campbell
Republicans, Democrats, carbon, and you: Debating Washington's cap and trade
Dyer Oxley
Boeing takes responsibility for 737 Max 9 failure: 'We caused the problem'

During a call with investors Wednesday, Boeing CEO David Calhoun didn't focus on financials, and instead took responsibility for a recent in-flight airplane malfunction.
Monica Nickelsburg
How can Seattleites benefit from economic booms and weather the busts? KUOW podcast 'Booming' launches Jan. 24

"Booming" is an economy podcast from a city that (almost) never stops growing.
Joshua McNichols

Monica Nickelsburg
Seattle now has highest minimum wage of any major city in the United States

As of Jan. 1, Seattle hiked its minimum wage to $19.97 an hour for workers at larger companies like Starbucks. That’s the highest minimum wage of any major city in the U.S. .”
David Hyde

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