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.
Travel evaporates; world streams together, in isolation
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.
Wholesale prices fall 0.2% in March
WASHINGTON (AP) — Wholesale prices fell for a second consecutive month, led by a big drop in energy prices.
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.
Historic oil price plunge trashes sector's profit outlook
LOS ANGELES (AP) — Amid a historic Wall Street crash it's been the energy sector that's suffering the worst selling, thanks to a double whammy of the coronavirus crisis and a price war among big crude producers.
Smithfield temporarily shuts pork plant due to coronavirus
SIOUX FALLS, S.D. (AP) — A Smithfield Foods pork processing plant in South Dakota will temporarily close for cleaning after more than 80 employees were confirmed to have the coronavirus, the company announced Thurs…
A new $2.3 trillion Fed plan to buttress towns, businesses
WASHINGTON (AP) — The Federal Reserve said Thursday it would pump an up to an additional $2.3 trillion into critical segments of the U.S. economy, seeking to boost small- and mid-sized businesses as well as state a…
A new $2.3 trillion Fed plan to buttress cities, businesses
WASHINGTON (AP) — The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy. The money will target American households and businesses, as well as local government…
Stocks are opening higher on Wall Street after the Federal Reserve takes more aggressive action to support the economy
NEW YORK (AP) — Stocks are opening higher on Wall Street after the Federal Reserve takes more aggressive action to support the economy.
Wiped out of toilet paper? Here's why
What does toilet paper have to do with the global coronavirus pandemic?
Virus vexes bar exam, leaving young future lawyers in limbo
COLUMBUS, Ohio (AP) — One of Emily Hughes’ first memories after entering law school at the University of Cincinnati in 2017 is an assistant dean scrawling “July 28-29, 2020” across a chalkboard.
Germany flies in seasonal farm workers amid virus measures
BERLIN (AP) — Two planes carrying Eastern European farmhands arrived Thursday in Germany as an ambitious government program to import thousands of seasonal agricultural workers got underway amid strict precautions …
Fed rolls out $2.3 trillion plan to stabilize economy
WASHINGTON (AP) — The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy. The money will target American households and businesses, as well as local government…
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
10% of US labor force now out of work since virus slammed economy as 6.6 million file for jobless aid
WASHINGTON (AP) — 10% of US labor force now out of work since virus slammed economy as 6.6 million file for jobless aid.