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…
European Central Bank says it will buy 750 billion euros in securities this year to counter effects of virus outbreak
FRANKFURT, Germany (AP) — European Central Bank says it will buy 750 billion euros in securities this year to counter effects of virus outbreak.
At least 13 US journalists facing expulsion from China
BEIJING (AP) — At least 13 American journalists stand to be expelled from China in retaliation for a new visa limit imposed by the Trump administration on Chinese state-owned media operating in the U.S.
New US home construction dips again in February
WASHINGTON (AP) — Construction of new homes fell again in February, but not as much as the previous month. Those declines follow a December surge which had pushed home construction to the highest level in 13 years.
USDA to appeal ruling, seeks food stamp change amid pandemic
WASHINGTON (AP) — The Agriculture Department said Wednesday that it would appeal a judge’s ruling that it would be “arbitrary and capricious” to move forward during a global health crisis with food stamp changes th…
Asian shares resume decline after latest Wall St tumble
BANGKOK (AP) — Shares in Asia failed to hold onto opening gains on Thursday, skidding further after the latest selloff on Wall Street.
Coronavirus layoffs spark surge in state jobless claims
JEFFERSON CITY, Mo. (AP) — In Ohio, more than 48,000 people applied for jobless benefits during the first two days of this week. The tally during the same period the prior week: just 1,825.
Treasury proposal: Deliver $500B to Americans starting April
WASHINGTON (AP) — By a sweeping bipartisan tally, the Senate on Wednesday approved a $100 billion-plus bill to boost testing for the coronavirus and guarantee paid sick leave for millions of workers hit by it — and…
Balkans fights virus amid lack of doctors, medical supplies
BELGRADE, Serbia (AP) — The main Serbian hospital treating patients infected with coronavirus looks like an abandoned building, but it isn’t.
United Airlines, Chevron fall; FedEx, Citrix rise
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Wednesday:
Contagion of fear, uncertainty infect financial markets
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…
Automakers shut North American plants over coronavirus fears
DETROIT (AP) — Concerns about the spreading coronavirus forced most of North America's auto plants to close, at least temporarily.
FDIC warns of scams saying banks in trouble from outbreak
NEW YORK (AP) — One of the nation's bank regulators is urging Americans not to withdraw large sums of cash and to beware of fraudsters claiming that banks are limiting customers' access to their money.
Dow Jones industrials sink 1,300 points, or 6.3%, erasing nearly all of their gains since President Trump's inauguration
NEW YORK (AP) — Dow Jones industrials sink 1,300 points, or 6.3%, erasing nearly all of their gains since President Trump's inauguration.
Freddie, Fannie suspend some evictions and foreclosures
Mortgage buyers Fannie Mae and Freddie Mac said Wednesday that they will suspend all foreclosure sales and evictions of borrowers in single family homes owned by their companies.
Coronavirus rocks already strained ties between US and China
WASHINGTON (AP) — Badly strained ties between the United States and China are deteriorating further with the two sides hurling harsh accusations and bitter name-calling over responsibility for