Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Insurance rates won’t go up in wake of 2026 wildfires
MOSES LAKE — Almost three-fifths of American homeowners have concerns about their insurance rates going up due to …
India's economic growth dips during coronavirus pandemic
NEW DELHI (AP) — India’s economy grew by 4.2% in the fiscal year that ended in March, down from 6.1% the previous year, the government said Friday, and is likely to contract this year because of the coronavirus pan…
The Latest: 400 German managers, workers returning to China
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US consumer spending plunged by a record 13.6% in April as job cuts from virus paralyzed economy
WASHINGTON (AP) — US consumer spending plunged by a record 13.6% in April as job cuts from virus paralyzed economy.
Nations ease more restrictions, air travel opening up more
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the …
Twitter obscures, warns on Trump tweet 'glorifying violence'
Twitter escalated tensions with President Donald Trump on Friday, adding a warning to one of his tweets for the first time and saying he violated the platform’s rules by glorifying violence when he suggested protes…
US consumer spending sinks by record 13.6% in face of virus
WASHINGTON (AP) — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
How major US stock indexes fared Friday
The stock market erased an early drop and ended mixed Friday, capping a strong week and month.
Trump takes aim at WHO as US economic outlook worsens
WASHINGTON (AP) — With new U.S. economic numbers highlighting the rough road ahead for a hoped-for rebound, President Donald Trump on Friday took aim at the World Health Organization and China, blaming both for the…
Bosnia: Officials, firm owner arrested over ventilator deal
SARAJEVO, Bosnia-Herzegovina (AP) — Bosnian authorities have arrested two high-ranking state officials and the owner of a private company which imported 100 ventilators from China that were found to be useless for …
White House punts economic update as election draws near
WASHINGTON (AP) — The White House has taken the unusual step of deciding not to release an updated economic forecast as planned this year, a fresh sign of the administration's anxiety about how the coronavirus has …
Dell, Williams-Sonoma rise; Nordstrom, Salesforce fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
Powell: Fed to soon begin 'challenging' Main Street lending
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of a program that will lend to companies other than banks for the fi…
Hong Kong's business hub status imperiled by security law
HONG KONG (AP) — A national security law proposed by China could imperil Hong Kong’s status as one of the world’s best places to do business.
How major US stock indexes fared Friday
The stock market erased an early drop and ended mixed Friday, capping a strong week and month.
Stocks erase a loss as worries over China tensions fizzle
Stocks closed out a solid week on Wall Street Friday with a late-afternoon rebound after worries that President Donald Trump would reignite a costly trade war with China faded.