Economy

an oil field

Arctic Bitcoin? Hilcorp, tech firm aim to test North Slope data center

A Hilcorp oil field in Alaska’s Arctic is set to host a tech firm that wants to use natural gas-fired power to mine digital currency.
A picture of a building with it's sign out front

Alaskans, tell us about your experience with Amazon. 

Company officials say a new facility in Anchorage has sped up delivery times. But we want to hear from you.
a man

Trump’s threats of mass deportations lead to hard discussions for families

As Donald Trump ramps up promises, 11 million Americans related to immigrants without legal status are having hard talks.
a harbor

Dire condition of Alaska’s seafood industry has many causes and no easy fixes, experts say

A legislative task force is considering many responses to rescue the industry and communities that depend on it.
activists

Trump wants to ‘Drill, baby, drill.’ What does that mean for climate concerns?

President-elect Donald Trump wants to increase oil and gas production and roll back the Inflation Reduction Act.
A man in a plaid blue and orange shirt stands outside.

Meet the new head of the UA Center for Economic Development

Jared Reynolds says the state’s biggest economic challenges are infrastructure and a lack of affordable housing.
a pile of gutted halibut on ice

Federal judge dismisses Alaska trawlers’ lawsuit that sought to overturn halibut limits

The lawsuit was filed by a trade group after the North Pacific Fishery Management Council passed a rule that reduces halibut bycatch limits when there are fewer halibut in Alaska waters.
people with fiber on a vessel

Underwater internet fiber cables bring Bethel a step closer to faster, cheaper internet

After more than two years of planning, branching underwater internet cables have reached their resting place on the seafloor between Dillingham and the mouth of the Kuskokwim River.
a barn on a frosty morning

Traffic and access concerns loom over gravel pit proposed for a historic Mat-Su dairy site

The new 153-acres gravel pit would sit on Havemeister Dairy property off the busy Bogard and Engstrom roads.
the outside of a building, the sign says Kenai Municipal Airport

Kenai airport accepting proposals for new restaurant

“The space is great for restaurants that are already established or somebody looking to break into the restaurant business,” said the airport manager.
yogurt on a shelf

Fed up with high prices? Here’s where things stand with inflation.

Inflation remains substantially lower than it did during its 2022 peak — but Americans are still frustrated with high prices.
Large cranes and stacks of shipping containers

Anchorage port among 6 Alaska coastal projects to split $104M from feds

Other port and maritime projects in Dillingham, Hoonah, Juneau, Kodiak and Saint Paul will receive about half of the funds.
a man

He sold his house. Now, he is struggling to find a home he can afford.

It can be hard to get a foothold in today's tough housing market — even for folks who have been homeowners before.
a processing plant

Silver Bay Seafoods acquires Peter Pan facilities in Dillingham, Port Moller

Silver Bay is set to to take immediate control of the processing plants, sold by former Peter Pan Seafoods co-owner Rodger May.
salmon

Strong sockeye salmon return expected next year in Alaska’s Bristol Bay region, biologists say

The size of the famous Bristol Bay run is forecasted to be above the long-term average, but the economic outlook is unclear.
a building

Alaska-owned corporation approves $750K for legal fights over Ambler Road and ANWR

The Alaska Industrial Development and Export Authority is preparing to bid on an upcoming oil and gas lease sale in the Arctic National Wildlife Refuge.
a power plant

Golovin awaits arrival of 2 delayed power generators

Golovin Power Utility officials say the generators were to be delivered by boat, but will now be flown to the western Alaska village.
a mine

Greens Creek Mine in Southeast Alaska gets feds’ approval to begin expansion

The move will extend the Admiralty Island mine's operations for up to 18 years, with new environmental mitigation and oversight.
a river through tundra

Biden administration plans new limits on oil leasing in Alaska’s Arctic National Wildlife Refuge

A new environmental study recommends additional protections for wildlife, waterways and permafrost, with new rules for a legally mandated lease sale.
a six-unit apartment complex

An Anchorage housing expert says it’s time for builders to get creative to solve the housing crunch

Alaska’s largest city is facing a significant housing crunch. At least one expert wants to get creative to solve the problem.
a man at a lectern

Here’s what Trump 2.0 means for the economy, from tariffs to mass deportations

Trump has promised to cut taxes and government regulations, slap tariffs on imports and order large deportations of immigrants.
battery systems

Nome’s new battery system promises more consistent energy costs

The new battery energy storage system, fitted in two shipping containers, can help take up slack from other energy sources.
a river

New road for Canadian mine worries Wrangell residents downstream

The site of the Galore Creek Mine, northeast of Wrangell, is very close to headwaters of the Stikine River.
Seward Harbor

Seward gets $45.7M grant to connect cruise ships to electricity

The project, funded by the Environmental Protection Agency, could reduce fossil fuel emissions and lower electricity costs.
candidates

Here’s where Trump and Harris stand on 5 issues affecting workers

Kamala Harris and Donald Trump have both appealed to workers. But their stances on many labor issues remain far apart.

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