Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
'It begins with integrity'
MOSES LAKE — When Simon Ribellia started painting homes at age 15, he wasn't planning on making it a full-time car…
US productivity falls at 0.9% rate in first quarter
WASHINGTON (AP) — U.S. productivity fell at a 0.9% rate in the first three months of this year, a smaller decline than first estimated, while labor costs rose at a slightly faster pace.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for July delivery rose $2.14 to settle at $39.55 a barrel Friday. Brent crude oil for August delivery rose $2.31 to $42.30 a barrel.
European Central Bank nearly doubles pandemic support scheme
FRANKFURT, Germany (AP) — The European Central Bank has boosted its pandemic emergency support program by an unexpectedly large 600 billion euros to 1.35 trillion euros ($1.5 trillion), adding to efforts in Europe …
Vegas, baby! Casinos reopen after long coronavirus closure
LAS VEGAS (AP) — Mask use was spotty among customers as casinos in Las Vegas and throughout Nevada reopened Thursday for the first time since March following a closure to prevent the spread of the coronavirus.
UK vaccine summit calls for freely available virus vaccine
LONDON (AP) — A vaccine summit has raised billions of dollars to immunize children in developing countries as experts wrestled with how any potential vaccine against the coronavirus might be distributed globally — …
European Central Bank says eurozone economy to shrink by 8.7% this year due to coronavirus pandemic
FRANKFURT, Germany (AP) — European Central Bank says eurozone economy to shrink by 8.7% this year due to coronavirus pandemic.
Average 30-year mortgage rates rose slightly to 3.18%
BALTIMORE (AP) — Long-term mortgage rates increased slightly as the U.S. economy showed signs that the worst of the coronavirus-fueled recession may have passed.
China easing airline access amid conflict with Washington
BEIJING (AP) — Chinese regulators said Thursday more foreign airlines will be allowed to fly to China as anti-coronavirus controls ease, but it was unclear whether the change will defuse a fresh conflict with the T…
The Latest: New Zealand on verge of eradicating virus
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Germany, France hope cloud data project to boost sovereignty
BERLIN (AP) — Germany and France on Thursday launched a project to set up a European cloud computing platform that they hope will enhance European economic sovereignty in the wake of the coronavirus crisis and brea…
Make room on credit cards to add options in an emergency
Maybe you’ve been working through credit card debt for a while now. Or maybe you racked it up recently as you prepared for the coronavirus lockdown. Regardless of how and when you got into debt, ridding yourself of…
Asian shares higher after jobless data snaps Wall St rally
Shares were mostly higher in Asia on Friday after U.S. unemployment data gave the S&P 500 its first loss in five days.
You're not the only one skeptical of the stock market rally
Just because stocks have scrambled nearly all the way back to their record heights doesn’t necessarily mean the market is in the clear.
JC Penney closing 154 stores in first post-bankruptcy phase
NEW YORK (AP) — J.C. Penney said Thursday that it will start closing 154 of its stores next week in what it is calling the first phase of its efforts to shrink its footprint.