Tag: local econ

Once the Cutting Edge of Cool, Portland Is Now Taking Lessons From Milwaukee  
World

Once the Cutting Edge of Cool, Portland Is Now Taking Lessons From Milwaukee  

PORTLAND, Ore.—Fed up with vandalism and rampant drug use in Portland’s struggling downtown, Steven Lien set out this summer to find a new location for the self-described largest men’s underwear store in North America.The 67-year-old Oregon native even put down a deposit on an appealing vacant storefront across the river for his business, underU4men. But unlike major retailers such as Target or REI that are fleeing downtown, Lien ultimately decided to stay, striking a last-minute deal to renew his lease in September. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Alaska Fishermen Struggle as Rules to Save King Salmon Limit Their Catch
World

Alaska Fishermen Struggle as Rules to Save King Salmon Limit Their Catch

KENAI, Alaska—Sockeye salmon are plentiful in the waters off this peninsula south of Anchorage, but Brent Johnson isn’t allowed to catch them.In an effort to save the king salmon, whose numbers have been decimated by factors including warming waters, state regulators this year banned the use of fishing nets in the Kenai area—the latest in a series of restrictions that have angered local fishermen.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
As It Rebuilds From Floods, Vermont Plans for More Disasters
World

As It Rebuilds From Floods, Vermont Plans for More Disasters

Sept. 23, 2023 9:00 am ETListen to article(1 minute)MONTPELIER, Vt.—After floodwaters devastated Vermont’s capital in July, Melissa Whittaker returned to a chaotic scene downtown at her Italian restaurant, Positive Pie.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Rates Are Up. We’re Just Starting to Feel the Heat.
Money

Rates Are Up. We’re Just Starting to Feel the Heat.

Updated Sept. 1, 2023 12:04 am ETListen to article(2 minutes)In the decade before the Covid-19 pandemic, governments, businesses and households became addicted to low interest rates, gorging on debt to fund everything from expensive new cars to crisis-fighting stimulus and leveraged buyouts.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8