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 …
Ukraine approves law on banks in a bid for IMF aid
KYIV, Ukraine (AP) — Ukraine has passed a law preventing former owners of nationalized or liquidated banks from regaining ownership or receiving state compensation, a move that allows the country to get $5.5 billio…
Powell warns of a possible sustained recession from pandemic
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned Wednesday of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White House to act further to prevent long-…
Wholesale prices fall record 1.3% in April, led by a plunge in cost for energy
WASHINGTON (AP) — Wholesale prices fall record 1.3% in April, led by a plunge in cost for energy.
Children leave homes briefly as Turkey eases restrictions
ANKARA, Turkey (AP) — Parks filled with the sound of children on Wednesday as Turkey allowed kids ages 14 and under to leave homes for the first time in 40 days.
US wholesale prices drop record 1.3% in April
WASHINGTON (AP) — Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the potential threat of deflation in the United States.
Coronavirus lockdown eases in England, more exercise allowed
LONDON (AP) — The sound of a crisply struck golf ball could be heard in England for the first time in nearly two months as courses reopened Wednesday as part of a modest easing of coronavirus lockdown restrictions …
New Zealand barber snips away at midnight as nation reopens
WELLINGTON, New Zealand (AP) — The raggedy hairstyles and scruffy beards have been there for all to see on video calls, so barber Conrad Fitz-Gerald decided to reopen his shop at midnight Wednesday — the moment New…
EU unveils plans to save vacations and avoid a lost summer
BRUSSELS (AP) — The European Union unveiled Wednesday its plan to help citizens across the 27 nations salvage their summer vacations after months of tough coronavirus confinement and to hopefully resurrect Europe’s…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for June delivery rose $1.64, or 6.8%, to settle at $25.78 a barrel Tuesday. Brent crude oil for July delivery rose 35 cents, or 1.2% to $29.98 a barrel.
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World shares mixed as investors weigh virus risk, stimulus
BANGKOK (AP) — Global shares were mixed Wednesday after Wall Street fell to its biggest loss since the start of the month on worries about the downside of reopening the economy from coronavirus shutdowns too soon.
Uber considers buying Grubhub, according to newspaper report
NEW YORK (AP) — Uber is considering acquiring Grubhub in a deal that would give the companies control over a majority of the U.S. food delivery business, according to published reports.
GOP senators give Democrats' $3T relief bill a cold shoulder
WASHINGTON (AP) — House Speaker Nancy Pelosi unveiled a more than $3 trillion