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…
Trump says he'll listen to both sides on Alaska mine project
JUNEAU, Alaska (AP) — President Donald Trump said Wednesday he would “listen to both sides” after his eldest son and a campaign adviser urged him to intervene to block a proposed copper and gold mine in Alaska’s Br…
Facebook launches its new TikTok clone, Instagram Reels
Facebook's Instagram is officially launching its answer to the hit short video app TikTok —
US trade deficit drops in June on record rise in exports
WASHINGTON (AP) — The U.S. trade deficit fell in June for the first time since February as exports posted a record increase, rising twice as fast as imports.
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for September delivery fell 24 cents to settle at $41.95 a barrel Thursday. Brent crude oil for October delivery fell 8 cents to $45.09 a barrel.
Treasury ramps up auctions as borrowing, virus surges
WASHINGTON (AP) — The Treasury Department will ramp up the size of the bonds and other securities it auctions across-the-board in the face of the unprecedented borrowing needs of the the U.S. government as cases of…
Survey: US companies cut back sharply on hiring in July
WASHINGTON (AP) — U.S. businesses sharply reduced hiring last month, suggesting that resurgent COVID-19 infections slowed the economic recovery as many states closed parts of their economies again and consumers rem…
Inside Big Tech: Pulling back the curtain with 'hot' email
WASHINGTON (AP) — The House Judiciary chairman was closing in on his Perry Mason moment with Facebook CEO Mark Zuckerberg. Fortified with “hot” internal company documents, Rep. Jerrold Nadler was building his case …
Disney, Monster Beverage rise; Teladoc, Nikola fall
NEW YORK (AP) —
Services sector index increases to 17-month high in July
WASHINGTON (AP) — Activity in the services sector, where most Americans work, hit a 17-month high in July but economists fear that may be unsustainable because of the failure in the U.S. to contain COVID-19 infecti…
Obama's Medicaid expansion keeps gaining ground under Trump
WASHINGTON (AP) — President Donald Trump is still trying to overturn “Obamacare,” but his predecessor's health care law keeps gaining ground in places where it was once unwelcome.
Capitol negotiators still stuck, still trying on virus aid
WASHINGTON (AP) — After more than a week’s worth of meetings, at least some clarity is emerging in the bipartisan Washington talks on a huge COVID-19 response bill. Negotiators are still stuck, but still trying.
Federal appeals court reverses order to shut down Dakota Access pipeline pending full environmental review
BISMARCK, N.D. (AP) — Federal appeals court reverses order to shut down Dakota Access pipeline pending full environmental review.
RV sales seen as a return to ‘old values’
MOSES LAKE — Even with many things closed in response to the COVID-19 pandemic, Americans still want to go on vacation.
Small Business Administration releases PPP loan forgiveness details
MOSES LAKE — The Small Business Administration has released details about the loan forgiveness portion of the Paycheck Protection Program (PPP) made earlier this year as part of the first major COVID-19 pandemic re…
The Latest: Australian hot spot state says don't panic-buy
MELBOURNE, Australia — The premier of Australia’s hot spot Victoria state has urged residents not to panic-buy as he announced reductions in meat productions.