Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
More homes on the market in the Basin
MOSES LAKE — People hoping to buy a home in July had a better selection available to them than a year ago, accordi…
Booze buying surges; senators push airlines for cash refunds
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Tuesday related to the global economy, the work place and the spread of the virus.
Business Highlights
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Closing prices for crude oil, gold and other commodities
Benchmark crude oil fell 17 cents to settle at $20.31 a barrel Wednesday. Brent crude oil, the international standard, fell $1.61 to close at $24.74 a barrel.
Inflation in Europe sags amid outbreak, oil price decline
FRANKFURT, Germany (AP) — Inflation in the 19 countries that use the euro currency sagged to 0.7% in March from 1.2% February as the virus outbreak and an oil price war between Saudi Arabia and Russia rippled throu…
US home prices rose at 3.1% annually in January
BALTIMORE (AP) — U.S. home price growth was showing signs of acceleration in January, a sign of the solid demand that existed before the coronavirus outbreak caused millions of job losses and tossed the U.S. econom…
US outlines plan for Venezuela transition, sanctions relief
MIAMI (AP) — The Trump administration is prepared to lift crippling sanctions on Venezuela in support of a new proposal to form a transitional government requiring both Nicolas Maduro and opposition leader Juan Gua…
Those without broadband struggle in a stuck-at-home nation
NEW YORK (AP) — In Sandwich, New Hampshire, a town of 1,200 best known as a setting for the movie “On Golden Pond," broadband is scarce. Forget streaming Netflix, much less working or studying from home. Even the p…
Wuhan's favorite noodles are back as virus-hit city recovers
WUHAN, China (AP) — The noodles smothered in peanut sauce are as much a trademark of Wuhan as deep-dish pizza in Chicago or spaghetti in Rome. Zhou Guoqiong still isn't allowed to serve customers inside her shop, b…
US consumer confidence drops sharply in March as virus starts to have impact
WASHINGTON (AP) — US consumer confidence drops sharply in March as virus starts to have impact.
Stocks fall and the S&P 500 ends with a first-quarter drop of 20%, its worst quarterly performance since 2008
NEW YORK (AP) — Stocks fall and the S&P 500 ends with a first-quarter drop of 20%, its worst quarterly performance since 2008.
Could do better: Japan gently chided by UN climate chief
BERLIN (AP) — The top U.N. climate official on Tuesday chided Japan over its new plan to reduce greenhouse gas emissions, which environmental campaigners say shows no real ambition to increase existing efforts.
Correction: Virus Outbreak-Small Businesses-Waiting for Aid
NEW YORK (AP) — In a story March 30, 2020, about small businesses awaiting financial help from the government, The Associated Press misspelled the name of Katie Vlietstra, an executive with the National Association…
Businesses may get COVID-19 relief loans as soon as Friday
NEW YORK (AP) — Small businesses seeking loans through the government's $2 trillion
Poland to seek $1.5 billion from Russia's Gazprom
WARSAW, Poland (AP) — Poland's state gas company says it will seek $1.5 billion from Russia's Gazprom after an international arbitration court in Stockholm said Gazprom was overcharging Poland.
Companies find a new purpose; workplace rules have changed
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Tuesday related to the global economy, the work place and the spread of the virus.