08-05-2020  12:31 pm   •   PDX and SEA Weather
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NORTHWEST NEWS

Inslee, Culp Advance to November Ballot in Governor's Race

In early returns, with nearly 17% of the vote, Loren Culp, the police chief of Republic, had the largest share among 35 other candidates.

Portland Police Declare Unlawful Assembly During Protest

Oregon Sen. Jeff Merkley and Portland City Commissioner Jo Ann Hardesty addressed event organised by NAACP focused on Black Lives Matter

Shootings Increase During Portland Protests

Between June 1 and end July 31, 2020 there were 125 reported shootings compared to a total of 59 shootings in 2019

Portland Protest Scene Relatively Calm After US Drawdown

Under the deal announced by Governor Kate Brown, the federal agents will withdraw in phases.

NEWS BRIEFS

New Rule by The U.S. Department of Education Would Misdirect $11M from Oregon Public Schools

U.S. Rep. Suzanne Bonamici, Sens. Ron Wyden and Jeff Merkley, and Reps. Peter DeFazio and Earl Blumenauer called a...

Barbara Bush Foundation Partners with Barbershop Books and Penguin to Provide Child-Friendly Reading Spaces in Baltimore and Detroit Barbershops

Developed in Harlem, Barbershop Books is a community-based program that leverages the cultural significance of barbershops in...

All Classical Portland Awards Grant to Support Emmanuel Henreid's 'Livin' in the Light'

Livin’ in the Light documents Onry’s experience as a Black, male, professional opera and crossover singer in Portland, Ore. ...

House Approves Legislation to Stop Trump Attack on Fair Housing

Ocasio-Cortez, Blumenauer amendment would block rollback of anti-discrimination rule ...

Louis Mair Named as New Principal at Harriet Tubman Middle School

Louis comes to Harriet Tubman from Georgia, where he was a leader in building an inclusive and supportive learning community. ...

Police declare riot in Portland as unruly protests continue

PORTLAND, Ore. (AP) — A riot was declared early Wednesday during demonstrations in Portland after authorities said people set fires and barricaded public roadways.Unruly protest have happened in Oregon's largest city every night for more than two months since George Floyd was killed in...

Inslee, Culp advance to November ballot in governor's race

OLYMPIA, Wash. (AP) — Democratic incumbent Gov. Jay Inslee and Republican challenger Loren Culp advanced Tuesday night through Washington's top-two primary to the November ballot.In early returns, Inslee had 52% of the vote. With nearly 17% of the vote, Culp, the police chief of Republic,...

Missouri's Drinkwitz takes side in mask-or-no-mask debate

COLUMBIA, Mo. (AP) — Eli Drinkwitz has been the head coach at Missouri for just over seven months. He has yet to lead the Tigers onto the football field, much less win a game, yet his role in the community already has forced him to take some important stands.First, it was supporting his new...

Iowa defensive back Jack Koerner hurt in jet ski accident

IOWA CITY, Iowa (AP) — Iowa defensive back Jack Koerner sustained serious injuries when he and a passenger on a jet ski collided with a boat on the Lake of the Ozarks in Missouri.According to a police report, Koerner and Cole Coffin were hurt at about 6:30 p.m. Friday when their watercraft...

OPINION

Da 5 Bloods and America Abroad

Even before I returned to the United States from my combat tour in Vietnam, I had decided that we were fighting an unjust war. ...

Falling Behind: COVID, Climate Change, and Chaos

Multiple Crises, Multiple Obstacles ...

Bill Deiz urges Oregonians to Defend their Constitutional Rights

Elements of federal police, sent in by our president, are nightly tormenting our citizens with tear gas, impact munitions, kidnappings and beatings, and other criminal acts, in order to suppress our rights of free speech and free assembly ...

The Power of Love

Powerful lessons for me today on forgiveness. ...

AFRICAN AMERICANS IN THE NEWS

Creavalle makes a statement with Black Lives Matter design

Those Black Lives Matter T-shirts that have featured so prominently throughout the MLS is Back tournament were designed by one of the league's players, Philadelphia Union midfielder Warren Creavalle. Passionate about design, Creavalle created the distinctive shirts — with bold text on the...

Maloney, Torres win after delayed count in NY House primary

NEW YORK (AP) — After six weeks of delays and fights over disputed ballots, New York City Council member Ritchie Torres and U.S. Rep. Carolyn Maloney have been certified as the winners of Democratic congressional primaries in New York City. Vote tabulation in the June 23 primary stretched...

Couple in Confederate flag flap finds Scandinavian solution

ST. JOHNS, Mich. (AP) — A couple who came under attack for displaying the Norwegian flag outside their mid-Michigan inn because some observers mistook it for a Confederate flag have found another way to show their Scandinavian pride.Greg and Kjersten Offenbecker, who own The Nordic Pineapple...

ENTERTAINMENT

Book Review: Deceit and desire await in White's new novel

“A Saint from Texas,” Edmund White (Bloomsbury Publishing)There is a lot to appreciate in Edmund White’s “A Saint from Texas:” the artful prose, the vivid storytelling, the darkly whimsical tone. It is the story of twins Yvonne and Yvette, two young heiresses...

Disney to release 'Mulan' on streaming service, for a price

“Mulan” is no longer headed for a major theatrical release. The Walt Disney Co. said Tuesday that it will debut its live-action blockbuster on its subscription streaming service, Disney+, on Sept. 4. But this is no “Hamilton”: Customers will have to pay an additional...

Review: A superb Rylance lifts up languorous 'Barbarians'

Watching Mark Rylance play a man of basic decency getting swallowed up by an evil world — and a sadistic Johnny Depp — in “Waiting for the Barbarians," I absent-mindedly jotted down in my notes: “Nobody does basic decency like Mark Rylance.”Then I remembered:...

U.S. & WORLD NEWS

Wall Street rallies again; S&P 500 pulls within 2% of record

NEW YORK (AP) — Stocks are rising again on Wall Street Wednesday, and the S&P 500 is ticking closer to...

AP PHOTOS: Beirut images show shattered, dust-covered city

The aftermath of a massive explosion in the Lebanese capital of Beirut shows a shattered city covered in dust and...

Tribe, economy, even cemeteries hurt as virus hits Choctaws

PHILADELPHIA, Miss. (AP) — When Sharon Taylor died of coronavirus, her family — standing apart,...

Hiroshima survivors worry that world will forget

HIROSHIMA, Japan (AP) — The atomic bomb that exploded over Hiroshima 75 years ago didn't just kill and...

Colombia's long virus lockdown fuels anxiety and depression

BOGOTA, Colombia (AP) — Like much of the world, Colombia shut down in March as coronavirus cases surged in...

US sending highest official to Taiwan since ties cut in 1979

TAIPEI, Taiwan (AP) — The U.S. secretary of Health and Human Services is scheduled to visit Taiwan in...

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Martin Crutsinger AP Economics Writer

WASHINGTON (AP) -- The economy grew late last year at a pace that in normal times would suggest it's healthy.

But the 2.8 percent annualized growth rate in the October-December quarter - the fastest pace since the spring of 2010 - isn't being cheered by most economists or investors. That's because growth would need to be much stronger to sharply reduce unemployment. And signs in the data point to slower growth ahead.

For all of last year, the economy grew just 1.7 percent. That was barely more than half the growth in 2010. The outlook for all 2012 is slightly better. The Federal Reserve estimates growth of roughly 2.5 percent for the year.

Though the economy has picked up and is far stronger than during the Great Recession, unemployment is still a high 8.5 percent. Many people remain reluctant to spend more or buy homes. Many employers are still hesitant to hire.

For the final three months of 2011, Americans spent more on vehicles, and companies restocked their shelves at a robust pace. But overall growth last quarter - and for all of last year - was held back by the sharpest cuts in annual government spending in four decades, the Commerce Department said Friday.

Several factors are expected to exert more of an economic drag this year: Cuts in military and other federal spending. A slower pace of company restocking. Weak or flat pay increases. Sluggish growth in consumer spending.

Stocks opened lower after the government reported the growth figures at 8:30 a.m. EST. The Dow Jones industrial average was down about 53 points in late-morning trading. Broader indexes were mixed.

"Overall, the pickup in growth doesn't look half as good when you realize that most of it was due to inventory accumulation," said Paul Ashworth, an economist at Capital Economics, who expects growth to slow to below 2 percent in the first three months of this year.

In the final three months of last year, consumer spending grew at a 2 percent annual rate. That's up modestly from the third quarter. Consumer spending is important because it makes up 70 percent of economic activity.

Much of the growth was powered by a 14.8 percent surge in sales of autos and other long-lasting manufactured goods.

Incomes, which have been weak all year because of high unemployment, grew at a modest 0.8 percent annual rate. That followed two straight quarters of declining incomes. But unless pay increases pick up, consumers who have dipped into savings in recent months, may pull back.

Business restocking, which can vary widely from quarter to quarter, was the greatest contributor to growth in the October-December period. It added nearly 2 percentage points to the gross domestic product, or GDP.

Government spending at all levels fell at an annual rate of 4.6 percent in the fourth quarter and 2.1 percent for the year - the biggest decline since 1971. Sweeping federal defense cuts at the beginning and end of 2011 were a major factor.

The economy is measured by GDP, which covers everything from haircuts to hotel bookings to jet fighter planes. Friday's estimate was the first of three for the fourth quarter.

Other data show that in some ways, the economy ended 2011 on a strong note. Companies invested more in equipment and machinery in December. The unemployment rate fell to 8.5 percent last month - the lowest level in nearly three years - after the sixth straight month of solid hiring.

People are buying more cars, and consumer confidence is rising. Even the depressed housing market has shown enough improvement to make some economists predict a turnaround has begun.

Ian Shepherdson, an economist at High Frequency Economics, is among the more optimistic analysts. He said he thought business investment in capital goods would be stronger and consumer spending higher this year.

Richard DeKaiser, a senior economist at Parthenon Group, expects just 2 percent annual growth in the January-March quarter. But DeKaiser says that should be the weakest quarter. He expects the economy to gain strength in each quarter and grow 2.6 percent for the entire year.

Still, many economists worry that a recession in Europe could dampen demand for U.S. manufactured goods, which would slow growth. And without more jobs and better pay, consumer spending is likely to stagnate.

The Fed signaled this week that a full recovery could take at least three more years. In response, it said it would probably not increase its benchmark interest rate until late 2014 at the earliest - a year and a half later than it had previously said.

The central bank also slightly reduced its outlook for growth this year, from as much as 2.9 percent forecast in November down to 2.7 percent. The Fed sees unemployment falling as low as 8.2 percent this year.

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