Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Interest rates hold back home sales in the Basin, statewide
MOSES LAKE — High interest rates are slowing down sales in the Basin real estate market. The average monthly ra…
How major US stock indexes fared Friday
Stock indexes on Wall Street closed mostly higher Friday, extending the S&P 500's win streak to a sixth day.
Trump bans dealings with Chinese owners of TikTok, WeChat
NEW YORK (AP) — President Donald Trump on Thursday ordered a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps TikTok and WeChat, although it remains unclear if he has the legal auth…
Fed official defends slow start to Main Street loan program
WASHINGTON (AP) — A top Federal Reserve official on Friday defended the central bank’s efforts to launch a Main Street lending program and said the small number of loans approved so far would likely expand by a sig…
Big Nevada gold mine expansion on hold in face of opposition
RENO, Nev. (AP) — Facing fierce opposition from conservationists and tribal leaders on multiple fronts, Nevada’s largest mining company has suspended its proposed expansion of what would become one of the biggest g…
India surpasses 2 million cases as health volunteers strike
NEW DELHI (AP) — As India hit another grim milestone in the coronavirus pandemic on Friday, crossing 2 million confirmed cases and more than 41,000 deaths, community health volunteers went on strike complaining the…
US consumers increased borrowing in June by 2.6% after big declines in prior months
WASHINGTON (AP) — US consumers increased borrowing in June by 2.6% after big declines in prior months.
US hiring slows amid signs of longer-lasting economic damage
WASHINGTON (AP) — U.S. hiring slowed in July as the coronavirus outbreak worsened, and the government’s jobs report offered signs Friday that the economic damage from the pandemic could last far longer than many ob…
Herman Cain is mourned, celebrated at his funeral in Atlanta
ATLANTA (AP) — Herman Cain, the former Republican presidential candidate, businessman and close ally of President Donald Trump, was guided by his Christian faith in politics, business and his personal life, his pas…
UN reports sharp increase in cybercrime during pandemic
UNITED NATIONS (AP) — A 350% increase in phishing websites was reported in the first quarter of the year, many targeting hospitals and health care systems and hindering their work responding to the COVID-19 pandemi…
Q&A: What's up with Trump's orders on TikTok and WeChat?
NEW YORK (AP) — President Donald Trump has ordered sweeping but vague ban on dealings with the Chinese owners of popular apps TikTok and WeChat, saying they are a threat to U.S. national security, foreign policy an…
The Latest: Hawaii schools to open year with remote learning
HONOLULU — Hawaii officials say the state’s public school students will begin the academic year with remote learning only, after a spike of coronavirus cases.
Employee in college admissions bribery case to plead guilty
BOSTON (AP) — A former employee of the consultant who authorities say ran a widespread college admissions bribery scheme that embroiled dozens of wealthy and famous parents has agreed to plead guilty, federal prose…
Loan program ends, hard-hit businesses hope for 2nd chance
NEW YORK (AP) — Small businesses are in limbo again as the coronavirus outbreak rages and the government’s $659 billion relief program draws to a close.
Asia Today: Australian state records 466 cases, 12 deaths
MELBOURNE, Australia (AP) — The Australian state of Victoria recorded 466 new cases of COVID-19 and 12 deaths, including another man in his 30s. The figures were released as the city of Melbourne remained in lockdo…
Asian shares skid amid virus woes, China-US trade tensions
TOKYO (AP) — Asian shares were mostly lower Friday in lackluster trading, as trade tensions between the U.S. and China offset optimism about more fiscal stimulus for the ailing U.S. economy.