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…
As central banks intervene to calm markets, few see solution
WASHINGTON (AP) — The Federal Reserve and the European Central Bank moved Thursday to try to calm financial markets and restore some degree of confidence. It didn't quite work. The central banks are facing a crisis…
The Latest: Investors unsure how virus will impact profits
NEW YORK (AP) — The Latest on the action in the financial markets (all times local):
The mighty bull (market) falls victim to a tiny virus
NEW YORK (AP) — In the end, the mighty bull was slayed by a tiny virus.
How major US stock indexes fared Thursday
The stock market had its biggest drop since the Black Monday crash of 1987 Thursday as fears of economic fallout from the coronavirus crisis deepened.
Worst day on Wall Street since 1987 as virus fears spread
NEW YORK (AP) — The escalating coronavirus emergency sent the stock market Thursday into its worst slide since the Black Monday crash of 1987, extending a sell-off that has now wiped out most of Wall Street’s big g…
Live Nation, Carnival fall; Vir Biotechnology, rises
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Thursday:
EU and UK call off face-to-face trade talks because of virus
LONDON (AP) — European Union negotiators will not travel to London next week for the second round of post-Brexit trade talks with the U.K. because of the coronavirus outbreak that is tightening its grip across Euro…
The city sleeps: New York bans big gatherings, museums close
NEW YORK (AP) — Museums prepared to shut their doors, the opera was silenced, lights dimmed on Broadway, big gatherings were banned and the subway was shunned as the largest city in the United States wound down Thu…
Atlantic City wants ex-Trump casino razed; owner agrees
ATLANTIC CITY, N.J. (AP) — Atlantic City officials said Thursday that they will ask a judge to order the immediate demolition of a shuttered casino once owned by President Donald Trump, but its owner says he has al…
Stocks plummet again as travel bans and virus-related shutdowns escalate; Dow loses more than 2,300 points, or 10%
NEW YORK (AP) — Stocks plummet again as travel bans and virus-related shutdowns escalate; Dow loses more than 2,300 points, or 10%.
Fed intervenes to try to calm markets but investors shrug
WASHINGTON (AP) — The Federal Reserve moved Thursday to try to ease disruptions in the financial markets stemming from the coronavirus by announcing that it will sharply increase its purchases of short-term Treasur…
Trump economic team grasps for credibility with outbreak
WASHINGTON (AP) — During the financial crisis a decade ago, President Barack Obama could look around the room and turn to an economist who served as Harvard's president, a former president of the New York Federal R…
Judge approves $143M natural gas explosions settlement
BOSTON (AP) —
The Latest: Europe stocks have one of their worst days ever
NEW YORK (AP) — The Latest on the action in the financial markets (all times local):
A glance at mortgage rates: mixed after hitting all-time low
U.S. long-term mortgage rates were mixed this week after hitting all-time lows last week amid anxiety over risks to the economy from the deepening coronavirus crisis. The average rate on a 30-year fixed mortgage ro…