Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Port of Moses Lake issues bonds to buy property
MOSES LAKE — The Port of Moses Lake will issue about $19 million in bonds to buy land adjoining existing port prop…
New York Fed says it will step up purchases of Treasury securities, boosting markets
WASHINGTON (AP) — New York Fed says it will step up purchases of Treasury securities, boosting markets.
Chicago's horse-drawn carriages may clip clop into history
CHICAGO (AP) — A ride in a horse-drawn carriage in downtown Chicago may turn into nothing but a memory after a City Council committee voted in favor banning them at the start of next year.
How to search for scholarships, not get lost in spam
Scholarship search websites promise students access to millions of awards totaling billions in free money for college.
Heartbreak hotel: No Elvis or Route 66 for barred Europeans
PARIS (AP) — A Las Vegas wedding with an Elvis impersonator: Canceled. A 3,500-kilometer (2,200-mile) trans-America road trip, a voyage of a lifetime that took months to prepare: On ice, too.
Neiman Marcus to close most discount stores, focus on luxury
NEW YORK (AP) — Neiman Marcus is ditching the off-price business and focusing on its high-end customers.
Mortgage rates mixed this week after hitting all-time lows
WASHINGTON (AP) — 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.
Stocks reopen for trading after 15-minute trading halt; Dow down 8% as fears of economic damage from pandemic deepen
NEW YORK (AP) — Stocks reopen for trading after 15-minute trading halt; Dow down 8% as fears of economic damage from pandemic deepen.
Princess Cruises suspending global operations for 60 days
MIAMI (AP) — Princess Cruises, which had one of its ships quarantined off the coast of Japan last month, is suspending global operations through early May because of the coronavirus pandemic.
Stocks sink after Trump travel ban, underwhelming economic measures add to fears about virus impact; Dow drops 1,600
NEW YORK (AP) — Stocks sink after Trump travel ban, underwhelming economic measures add to fears about virus impact; Dow drops 1,600.
European Central Bank deploys stimulus to ease virus damage
FRANKFURT, Germany (AP) — The European Central Bank deployed targeted new stimulus measures to cushion the shock to the economy from the virus outbreak, but its president said monetary policy couldn't do it alone a…
Princess Cruises to suspend global operations through May 10 because of coronavirus
NEW YORK (AP) — Princess Cruises to suspend global operations through May 10 because of coronavirus.
European Central Bank to buy up to 120 billion euros in bonds, add cheap credit for banks to cushion virus impact
FRANKFURT, Germany (AP) — European Central Bank to buy up to 120 billion euros in bonds, add cheap credit for banks to cushion virus impact.
Claims for jobless benefits drop by 4,000
WASHINGTON (AP) — The number of Americans filing new claims for unemployment insurance fell last week for a second straight week, an indication that the coronavirus had not yet hit the labor market in a major way.
US wholesale prices drop 0.6% in February, biggest decline in 5 years, led by falling energy
WASHINGTON (AP) — US wholesale prices drop 0.6% in February, biggest decline in 5 years, led by falling energy.
Applications for unemployment benefits drop by 4,000, indicating virus impacts not showing up yet
WASHINGTON (AP) — Applications for unemployment benefits drop by 4,000, indicating virus impacts not showing up yet.