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…
Layoffs spike in US, Europe as virus shuts businesses
WASHINGTON (AP) — Just a couple of weeks ago, Erika Vega hoped her temp job at a cafeteria would soon become permanent. But instead, the viral outbreak shut down the building where she worked and left her wondering…
US-Canada border to close late Friday to non-essential trips
TORONTO (AP) — The Canadian government said Thursday the Canada-U.S. border will be closed to all non-essential travel in both directions on Friday night.
Stock market unravels as coronavirus ravages global economy
The rapidly deteriorating health of the financial markets is being driven by a contagion of fear and uncertainty about a global pandemic that's infecting the economy in ways that seemed unfathomable just a month ag…
$10 toilet paper? Coronavirus gouging complaints surge in US
One store advertised hand sanitizer at $60 a bottle. Another was accused of hawking it at $1 a squirt. Chain stores offered $26 thermometers and face masks at the “everyday low price” of $39.95 a pair, while a conv…
Vital but vulnerable, cleaners hold the line against a virus
NEW YORK (AP) — When hospitals need to prep a room for the next coronavirus test, when jetliners discharge their passengers at the gate, when suburbanites start to take sanitary precautions more seriously, the call…
The Latest: Canadian-U.S border likely to close Friday
The Latest on the coronavirus pandemic, which has infected more than 227,000 people and killed more than 9,300. The COVID-19 illness causes mild or moderate symptoms in most people, but severe symptoms are more lik…
US mortgage rates climb this week; 30-year loan at 3.65%
WASHINGTON (AP) — U.S. long-term mortgage rates climbed this week in a whip-sawing market amid deepening anxiety over devastation to the economy from the coronavirus pandemic.
In response to virus, Bank of England cuts main rate to 0.1%
LONDON (AP) — The Bank of England slashed its main interest rate to 0.1%, the lowest level since its founding in 1694, and reactivated a bond-buying stimulus program to cushion against the economic shock of the cor…
Bank of England cuts key interest rate from 0.25% to 0.1% amid economic turmoil caused by coronavirus pandemic
LONDON (AP) — Bank of England cuts key interest rate from 0.25% to 0.1% amid economic turmoil caused by coronavirus pandemic.
Mnuchin: Family of 4 could get $3K under virus relief plan
WASHINGTON (AP) — The first federal checks to families could be $3,000 for a family of four under the White House proposal to unleash $1 trillion to shore up households and the U.S. economy amid the
Stocks are opening with modest losses on Wall Street, a break from recent wild swings over recession worries; Dow off 1%
NEW YORK (AP) — Stocks are opening with modest losses on Wall Street, a break from recent wild swings over recession worries; Dow off 1%.
Thailand says all int'l arrivals need virus-free certificate
BANGKOK (AP) — Thailand's government is imposing stricter rules on international travel that require people arriving from all countries to have health certificates stating they do not have the coronavirus, along wi…
Ford suspends dividend, borrows to weather virus downturn
DETROIT (AP) — Ford is suspending its dividend to preserve cash as vehicles sales fade due to the coronavirus outbreak.
U.S. Fed establishes currency swaps with 9 central banks
Washington (AP) — The Federal Reserve has set up a program to exchange dollars for foreign currency with nine central banks to support dollar lending in global markets that are under pressure from the impact of the…
Jobless claims jump by 70,000 as virus starts to take hold
WASHINGTON (AP) — The number of Americans filing new claims for unemployment benefits surged last week by 70,000 to the highest level in more than two years, indicating that the effect of the coronavirus was starti…