Congressional lawmakers agreed Tuesday to provide $484 billion to refill the coffers of a small business relief fund, expand testing for COVID-19, and send money to hospitals. The bill is… Read More
The $349 billion earmarked to help small businesses stay afloat during the coronavirus crisis ran out of money Thursday, less than two weeks after applications for the program opened. The… Read More
More than 150,000 people in Washington state filed jobless claims for the first time last week as many businesses buckle under the pressure of the coronavirus pandemic and lockdown orders.… Read More
A small business owner in Seattle waited nearly 12 hours to speak with a representative at her credit union, seeking to apply for a federal relief program designed to mitigate… Read More
The U.S. Senate passed the largest stimulus package in American history on Wednesday to cushion the economy from impacts of the coronavirus pandemic. The legislation carves out special relief programs… Read More
Amazon is planning to hire an additional 100,000 warehouse workers to keep up with the volume of orders placed by customers amid a global COVID-19 outbreak. Amazon said Monday it… Read More
Amazon on Wednesday announced it will donate $25 million to help its network of independent delivery drivers, Amazon Flex workers, and seasonal employees deal with disruptions caused by the COVID-19… Read More
Amazon pledged Tuesday to donate $5 million to small businesses around its Seattle headquarters that will be impacted by thousands of tech workers telecommuting in response to the COVID-19 outbreak.… Read More
Tech jobs are concentrating in a handful of “superstar cities” including Seattle and San Francisco, dispelling predictions that the opportunity afforded by the innovation economy would ultimately be dispersed across… Read More
America’s housing crisis is a nationwide problem, but it’s especially acute in San Francisco and Seattle, home to the country’s largest technology industries. The “terrible twins,” as New York Times… Read More
President Donald Trump issued an executive order Friday seeking to crack down on the import of counterfeit goods and contraband that U.S. customers purchase on e-commerce sites like Amazon. The… Read More
Amazon disclosed new details about its U.S. taxes for 2019 in public financial documents and a blog post Friday morning, saying its federal income tax expense for the year was… Read More
Amazon paid nearly $300 million in state and local taxes in 2018, according to a source inside the company with knowledge of the matter. The disclosure comes amid a larger… Read More
Sen. Bernie Sanders’ presidential campaign unveiled an ambitious plan to reform corporate America on Monday. The proposal holds one company up as an example of how a lax regulatory environment… Read More
Amazon is now the biggest Big Tech employer in the Seattle region, surpassing Microsoft, according to new data released Monday. Amazon confirmed it surpassed 50,000 employees in Seattle proper in… Read More
Three of the business leaders who have benefited most from the current economic system sat down Monday morning to discuss the rise of socialism in American politics. There weren’t many… Read More
Special counsel Robert Mueller has finished his investigation, and the 2020 presidential campaign is already heating up. So what’s next on the national political agenda? Yep, healthcare is back. On… Read More
How big is the U.S. trade deficit, in reality, and what are the implications of U.S. trade negotiations with China and other major countries around the world? On this new… Read More
When Amazon announced it would split its second headquarters between New York City and the Washington, D.C., area, it seemed like a glaring example of winner-takes-all urbanism where talent, money… Read More
Many Seattle tech workers are suddenly considering real estate investments, thanks to a new federal tax incentive. SmartCap Group says it’s ready with an opportunity for them. The Redmond, Wash. real… Read More
Apple CEO Tim Cook lowered guidance for his company’s first-quarter earnings on Wednesday, writing a letter to investors that cited China’s weakening economy and trade tensions with the U.S. as… Read More
The Amazon HQ2 hullaballoo threw two important economic trends into sharp relief over the past year. The first is communities across the United States are starving for tech jobs. That… Read More
Just before Amazon announced it will raise employees’ minimum wage to $15 an hour, one of the company’s first investors made some prescient remarks about corporate social responsibility. Nick Hanauer,… Read More
Texas is open for business, according to a new report from CNBC evaluating the economic climate of each state in the nation. Researchers scored each of the 50 states on… Read More
This week on TLDR, we’re looking back at some of the top stories of 2018 so far. Today: the ups and downs of the tech economy, including cutbacks by tech… Read More
Speculation that Seattle’s new head tax could be a boon for neighboring cities has been swirling since before the City Council approved the controversial legislation Monday afternoon. After all, what’s… Read More
Washington state’s technology industry isn’t always considered in the same league as California’s. But a 2017 study getting renewed attention this week suggests that Washington is actually punching well above its… Read More
Jerome Powell, the new Federal Reserve Chairman, believes Amazon may be one cause of slow U.S. inflation. In his first appearance before the Senate Banking Committee, Powell fielded a question… Read More
In this period of political, economic, and technological upheaval, Bruce Katz believes we should look to cities to solve societal challenges. Katz is The Brookings Institution’s first Centennial Scholar and author… Read More
PITTSBURGH — With bone-chilling temperatures dipping into the teens and a light dusting of snow on the ground, Pittsburgh’s bitter cold can freeze nose hairs in minutes. But then you… Read More