Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
PUD seeking comment on 2027 rates
EPHRATA — The public comment period is open for Grant County Public Utility District customers who want to weigh i…
A new $2.3 trillion Fed plan to aid localities and companies
WASHINGTON (AP) — The Federal Reserve unleashed a new series of moves Thursday to try to make loans available to states, localities and companies that have been hard hit by the coronavirus.
How major US stock indexes fared Thursday
Stocks closed broadly higher on Wall Street Thursday, rounding out the best week for the benchmark S&P 500 index since 1974.
US long-term mortgage rates flat to lower; 30-year at 3.33%
WASHINGTON (AP) — U.S. long-term mortgage rates were stable to slightly lower this week after two weeks of declines amid deepening anxiety over the severe damage to the economy from the coronavirus pandemic.
Euro countries agree half trillion euros in support
FRANKFURT, Germany (AP) — Governments from the 19 countries that use the euro overcame sharp differences to agree Thursday on measures that could provide more than a half-trillion euros ($550 billion) for companies…
OPEC says a proposed cut to oil production 'is conditional on the consent of Mexico' after marathon teleconference
DUBAI, United Arab Emirates (AP) — OPEC says a proposed cut to oil production 'is conditional on the consent of Mexico' after marathon teleconference.
Wiped out of toilet paper? Here's why
What does toilet paper have to do with the global coronavirus pandemic?
Business Highlights
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Disney, Six Flags and Big Lots rise; Costco falls
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
Unemployment spikes again; last Utah national park closes
SALT LAKE CITY (AP) — More than 33,000 new Utah residents filed for unemployment last week in yet another increase that illustrates the stunning collapse of the global economy as businesses across industries close …
IMF head sees worst economic downturn since Great Depression
WASHINGTON (AP) — The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression, with the world's poorest countries suffering the most, the head of the International Mo…
Panic grocery buying slows; iPhone sales plummeted in March
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the global economy, the work place and the spread of the virus.
Virus closes Rio's Copacabana Palace for first time ever
RIO DE JANEIRO (AP) — Rio de Janeiro's stately Copacabana Palace hotel will close its doors Friday for the first time since its inauguration 96 years ago as a result of the coronavirus pandemic.
US economy unlikely to recover as rapidly as it collapsed
BALTIMORE (AP) — President Donald Trump has been telling voters that the U.S. economy will leap back to life
Rural Indiana virus worry: ‘What more could I have done?'
GREENSBURG, Ind. (AP) — The coronavirus pandemic surged into Sean Durbin’s farm-speckled Indiana county much faster than most other parts of rural America, contributing to at least 10 deaths and dozens of serious i…
Fed announces programs to provide up to $2.3 trillion in additional lending
WASHINGTON (AP) — Fed announces programs to provide up to $2.3 trillion in additional lending.