Economy

Republican House Speaker Kevin McCarthy told reporters he had a "productive" phone call with Democratic President Joe Biden as he travels back to Washington. Negotiators for the pair will resume talks Sunday evening.

The Oregon Employment Department said Wednesday that the jobless rate fell to an even 4% last month, down from 4.4% the previous month.

The failure of Silicon Valley Bank and Signature Bank has led to ripple effects across the entire financial system. Angela Jackson, co-managing director of Portland Seed Fund, spoke to OPB Weekend Edition host Lillian Karabaic about how the Portland startup community is responding.

Close to 40% of surveyed Americans, a record high, put off medical care last year because of finances. Americans are delaying or skipping doctor's visits, dental and vision care, and medications.

Oregon’s unemployment rate remained at 4.8% in January, according to job numbers released Tuesday by the state’s Employment Department. Oregon’s jobless rate hasn't exceeded that since July 2021 when unemployment was at 5.1%.

The global retailer is closing its Delta Park and Southeast 82nd Avenue Locations, according to a public notice.

A new report on the region's economy reflects slow job growth and increase in migration out of Multnomah County, especially to Washington's Clark County.

Oregon is starting a new meat inspection process with a view to boosting local slaughterhouse business and allowing local people to eat local beef.

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.

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.