Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local gas prices fall as summer driving season continues
MOSES LAKE — Drivers in Grant and Adams counties are seeing some relief at the pump after months of steadily risin…
The Latest: WHO: Europe reaches 10M of 44M global cases
LONDON -- The World Health Organization says Europe had a record 1.5 million confirmed coronavirus cases in the last week and has reached 10 million of the 44 million global cases.
US long-term mortgage rates flat this week; 30-year at 2.81%
WASHINGTON (AP) — U.S. long-term mortgage rates were little changed this week after marking a new all-time low last week.
Blame game afoot in Pelosi vs. Trump virus aid rhetoric
WASHINGTON (AP) — The major players in Washington's COVID relief aid blame game lobbed familiar volleys on Thursday, marking time in the days before an election that promises to change the landscape for talks that …
Wall Street soared under Trump, but it's been a rocky ride
NEW YORK (AP) — The last four years have been good for stocks, with the S&P 500 climbing more than 50% and many 401(k) balances looking healthier, as President Donald Trump likes to point out so often.
Train derails in southeast Texas, forcing evacuations
MAURICEVILLE, Texas (AP) — A freight train derailed Thursday in southeast Texas, prompting authorities to urge nearby residents to evacuate their homes as hazmat crews assessed the damage, the Orange County sheriff…
NAACP files suit against Trump's diversity training order
New York (AP) — Three civil rights groups filed a lawsuit Thursday challenging President Donald Trump's executive order that restricts federal agencies, as well as contractors and grant recipients, from offering ce…
IMF blames resurgent coronavirus for UK growth downgrades
LONDON (AP) — The International Monetary Fund has downgraded its growth forecasts for the British economy for this year and next, following an acceleration in the number of coronavirus infections over the past coup…
NYC mayor mum on review of proposed Mets sale to Steve Cohen
NEW YORK (AP) — New York City Mayor Bill de Blasio deflected questions Thursday about whether he wants to block the sale of the New York Mets to hedge fund manager Steve Cohen.
Trump rule says health plans must disclose costs up front
WASHINGTON (AP) — Trying to pull back the veil on health care costs to encourage competition, the Trump administration on Thursday finalized a requirement for insurers to tell consumers up front the actual prices f…
Exxon to cut 1,900 US jobs as oil industry struggles
NEW YORK (AP) — Exxon Mobil is slashing 1,900 jobs from its U.S. workforce as the pandemic saps demand for fuel.
The Latest: Spain to keep state of emergency until May 2021
MADRID — Spain’s parliament has voted to keep the country’s state of emergency in place until May 2021 to try to rein in the resurging coronavirus pandemic.
San Francisco curbs virus but once-vibrant downtown is empty
SAN FRANCISCO (AP) — Before the pandemic, Señor Sisig food trucks were a common sight in downtown San Francisco, dishing out Filipino fusion tacos and burritos to long lines of workers who spilled out of office tow…
Wall Street steadies itself following encouraging reports
NEW YORK (AP) — U.S. stocks are pushing upward Thursday after better-than-expected reports on the economy helped stabilize Wall Street following its worst drop in more than four months.
'Difficult winter': Europe divided on lockdowns; cases soar
BRUSSELS (AP) — The World Health Organization’s Europe director expressed deep concern on Thursday after the region again recorded the highest-ever weekly incidence of cases, and German Chancellor Angela Merkel war…
Pending home sales cool in September, down 2.2%
CHARLOTTE, N.C. (AP) — The pending sales of existing homes fell 2.2% in September, the National Association of Realtors said Thursday, the first monthly contraction of that figure in four months.