Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Diesel prices hit record high in Washington as gasoline remains relatively stable
MOSES LAKE — Diesel prices in Washington reached a record high over the weekend, even as gasoline prices remained …
US consumers shunned borrowing in April as economy shut down
WASHINGTON (AP) — U.S. consumer borrowing plunged in April as households fretted about the disruptions caused by the coronavirus pandemic and cut back on their use of credit.
Zuckerberg-funded scientists: Rein in hate on Facebook
BOSTON (AP) — Dozens of scientists doing research funded by Mark Zuckerberg say Facebook should not be letting President Donald Trump use the social media platform to “spread both misinformation and incendiary stat…
Vietnam ratifies trade deal with EU in boost for economy
HANOI, Vietnam (AP) — Vietnam ratified a landmark trade deal Monday with the European Union that is expected to energize the country’s manufacturing sector and exports, as it recovers from the impact of the coronav…
This week: Budget deficit, Fed meeting, Macy's earnings
A look at some of the key business events and economic indicators upcoming this week:
Survey: Business economists expect worst slump since 1940s
WASHINGTON (AP) — Business economists expect the United States to suffer its worst downturn this year in more than seven decades before growth resumes sometime next year.
Criminals stealing unemployment benefits as claims surge
Criminals are seizing on a surge in job losses to steal unemployment benefits from Americans nationwide. This complicates an already tough situation for millions of financially strapped Americans and overwhelmed st…
Left out: More workers now losing hope of getting back jobs
NEW YORK (AP) — Eric Benz didn't worry very much when his graphic design firm in Atlanta laid him off in March. He felt sure he'd be recalled to work once the viral pandemic eased and his firm's clients resumed spe…
World reaches 400,000 virus deaths as pope urges caution
BARCELONA, Spain (AP) — The confirmed global death toll from the COVID-19 virus reached at least 400,000 fatalities on Sunday, a day after the government of Brazil broke with standard public health protocols by cea…
The Latest: Pope warns 'Be careful' after lockdowns lifted
VATICAN CITY — Pope Francis is cautioning people in countries emerging from coronavirus lockdowns to keep following authorities’ rules for COVID-19 containment.
Pandemic triggers big swings in prescription drug use
As most of the nation hunkered down amid the coronavirus pandemic, visits to doctor offices and outpatient clinics plunged. That's helping cause major swings in prescription drug use.
Asia Today: India sees 10,000 new cases ahead of reopenings
NEW DELHI (AP) — India reported 9,971 new coronavirus cases on Sunday, another single-day high for the country that comes a day before it reopens shopping malls, hotels and religious venues after a 10-week lockdown…
Twitter disables Trump campaign's George Floyd video tribute
Twitter has blocked a Trump campaign video tribute to George Floyd over a copyright claim, in a move that adds to tensions between the social media platform and the U.S. president, one of its most widely followed u…
China's exports and imports fall amid coronavirus woes
BEIJING (AP) — China's exports and imports both fell in May as the coronavirus and trade tensions with the U.S. weighed on demand at home and abroad.
Malaysian ex-PM to hear verdict in 1st graft case in July
KUALA LUMPUR, Malaysia (AP) — Malaysian ex-Prime Minister Najib Razak was victimized by rogue bankers and should be acquitted of corruption charges linked to the massive looting of a state investment fund, his lawy…
By the numbers: Trump reads economic boom into jobs data
CHICAGO (AP) — President Donald Trump has always been a big numbers guy.