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…
S&P 500 ekes out 6th straight gain following jobs report
NEW YORK (AP) — Wall Street’s big rally let off the accelerator on Friday, despite a better-than-expected report on the U.S.
Canada says it will impose retaliatory tariffs on US imports
TORONTO (AP) — Canada’s deputy prime minister said Friday that the country plans to impose $3.6 billion Canadian (US$2.69 billion) tariffs on U.S. imports in response to President Donald Trump saying the U.S. is re…
US consumer borrowing up in June after 3 months of declines
WASHINGTON (AP) — The pandemic still has Americans easing off the plastic.
The Latest: Arizona has 1,400 new cases, adds 79 deaths
PHOENIX — Arizona health officials have reported more than 1,400 new confirmed coronavirus cases and 79 more deaths.
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…
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…
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.
S&P 500 stalls as tech slides, threatens 5-day win streak
NEW YORK (AP) — A slide for technology stocks on Friday is helping to halt Wall Street's big rally from earlier this week, after President Donald Trump unveiled his
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…
Ohio governor’s COVID-19 results show tests imperfections
WASHINGTON (AP) — Ohio Gov. Mike DeWine's positive-then-negative test results for the coronavirus are a reminder that no test is definitive.
Last-ditch virus aid talks; Trump team heads back to Capitol
WASHINGTON (AP) — Democratic leaders launched a last-ditch effort to revive collapsing Washington talks on vital COVID-19 rescue money, summoning Trump administration negotiators to the Capitol on Friday in hopes o…
The Latest: Britain records weekly average of 3,700 cases
LONDON – British officials say there were about 3,700 new coronavirus infections a day in England in the week to Aug. 2, down from the previous weekly average of nearly 4,200 a day.
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…
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.
Turkish president slams Egypt-Greece deal, drilling resumes
ISTANBUL (AP) — Turkey’s president called a maritime deal between Greece and Egypt “worthless” Friday and said his country would resume its disputed oil and gas exploration in the Eastern Mediterranean.