The leading edge of the Baby Boomers reached traditional retirement ages at the height of the Great Recession and its aftermath. Not only did the Early Boomers face a very different set of macroeconomic conditions than prior cohorts did, but they were also more exposed to market forces as a result of a decades-long shift away from defined-benefit pension plans to defined-contribution plans, like 401(k)s. To what extent did these changes alter their retirement patterns?
Housing developers unveil a challenge to build 50,000 new housing units in Seattle in 10 years -- 20,000 of them earmarked for affordable housing. Some say this is impossible. Some say this won't curb soaring housing costs in the Emerald City. What do you think?
In November 2014, Oregon voters decided to legalize and regulate cannabis. ECONorthwest conducted a comprehensive analysis that estimates that first year of sales would generate $38.5 million in tax revenue.