Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Basin home prices up overall
MOSES LAKE — Home prices were up across most of the Columbia Basin in August, the latest month for which informati…
Trump signs $2.2 trillion stimulus bill to provide payments to most Americans, rescue virus-hit businesses
WASHINGTON (AP) — Trump signs $2.2 trillion stimulus bill to provide payments to most Americans, rescue virus-hit businesses.
Hilton, Gap fall; Sportsman's Warehouse rises
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
How major US stock indexes fared Friday
Major U.S. stock indexes fell more than 3% on Wall Street Friday, giving back part of the gains they piled up over the past three days. A rally this week pushed the S&P 500 up 10% as traders became hopeful that a $…
Trump issues order in effort to force General Motors to produce ventilators under Defense Production Act
WASHINGTON (AP) — Trump issues order in effort to force General Motors to produce ventilators under Defense Production Act.
Stocks drop, but hold on to weekly gains after a big rally
Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastation being cause…
Stocks are closing 3% lower on Wall Street but still held on to weekly gains after a rally this week as aid bill passed
NEW YORK (AP) — Stocks are closing 3% lower on Wall Street but still held on to weekly gains after a rally this week as aid bill passed.
IMF head says global economy now in recession
WASHINGTON (AP) — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
National bills coming due, with risk; consumers see it, too
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus.
Maine sail-maintenance shop turns to sewing medical masks
NEW YORK (AP) — On the coast of Maine, Eric Baldwin and his staff of two usually spend their days selling, repairing and washing sails for boats. They transform their surplus sailcloth into tote bags to bring in ex…
Restaurants, trying to stay afloat, revamp menus, operations
CINCINNATI (AP) — In the battle to keep their New York City restaurant going despite sharp restrictions during the coronavirus outbreak, the owners of Il Posto Accanto tried something Beatrice Tosti di Valminuta wo…
Garment workers going unpaid as fashion labels cancel orders
DHAKA, Bangladesh (AP) — A survey of factory owners in Bangladesh found that major fashion retailers that are closing shops and laying off workers in Europe and the U.S. are also canceling their sometimes already c…
Stocks open lower on Wall Street as market gives back some of the ground it won in a big 3-day rally; indexes off 3%
NEW YORK (AP) — Stocks open lower on Wall Street as market gives back some of the ground it won in a big 3-day rally; indexes off 3%.
Southwest looks to avoid layoffs, Fitch sees US credit risks
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Here is a look at some of the latest developments Thursday related to the…
US consumer spending up modest 0.2% in February
WASHINGTON (AP) — Americans increased their spending by a modest amount in February but the expectation is that spending will be hit hard in coming months reflecting the shutdown of the American economy by the coro…
Consumer spending edges up slight 0.2% in February but declines expected as virus spreads
WASHINGTON (AP) — Consumer spending edges up slight 0.2% in February but declines expected as virus spreads.