Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Fuel prices slightly elevated this week
MOSES LAKE — After weeks of steady increases, fuel prices across Washington and the nation largely held steady thi…
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for August delivery fell 16 cents to settle at $40.59 a barrel Friday. Brent crude oil for September delivery fell 23 cents to $43.14 a barrel.
US home construction jumps 17.3% in June as some states reopened, but still lags behind last year's pace
SILVER SPRING, Md. (AP) — US home construction jumps 17.3% in June as some states reopened, but still lags behind last year's pace.
Asia Today: South Korean prosecutors question church leader
SEOUL, South Korea (AP) — South Korean prosecutors on Friday questioned the leader of a secretive church sect over accusations it hampered the government’s anti-virus response after thousands of COVID-19 infections…
Commerce Secretary Wilbur Ross hospitalized, 'minor' issues
WASHINGTON (AP) — Commerce Secretary Wilbur Ross was hospitalized for “minor, non-coronavirus related issues,” a department spokesperson said Saturday.
Court backs Trump expansion of cheap health insurance plans
WASHINGTON (AP) — A divided federal appeals court on Friday upheld the Trump administration’s expansion of cheaper short-term health insurance plans, derided by critics as “junk insurance,” as an alternative to the…
Federal Reserve expands lending program to nonprofit groups
WASHINGTON (AP) — The Federal Reserve has opened one of its lending programs to nonprofit groups, including hospitals, educational institutions, and social service organizations.
Wall Street ticks up; S&P 500 nets 3rd straight weekly gain
NEW YORK (AP) — Wall Street ticked higher Friday to close out its third straight winning week, one punctuated by hopes that the economy can continue to steady itself despite the pandemic.
Michigan wants Enbridge to pledge funds in case of oil spill
TRAVERSE CITY, Mich. (AP) — Michigan sought a written pledge Friday from Enbridge Inc. to cover costs that would arise if oil were to leak from its dual pipelines that extend across a channel linking two of the Gre…
Elbows? Masks? Presents? Let this divisive EU summit begin!
BRUSSELS (AP) — At the start of one of the most daunting and divisive summits in recent history, the atmosphere among the European Union leaders was downright giddy.
June home construction jumps 17.3% when states reopened
SILVER SPRING, Md. (AP) — Construction of U.S. homes jumped 17.3% in June as some states reopened, but the pace still lags last year after this spring's massive slowdown in building activity due to the coronavirus …
Personal assistant charged in dismembered tech CEO's killing
NEW YORK (AP) — A personal assistant arrested Friday in the death and dismemberment of a 33-year-old tech entrepreneur was believed to have owed his boss a “significant amount of money,” New York City police said.
EU tells US: Stop threatening our companies with sanctions
BRUSSELS (AP) — The European Union is warning the Trump administration to hold off threatening trade sanctions against EU companies involved in the completion of new German-Russian and Turkish-Russian natural gas p…
EU leaders extend summit as they haggle over budget, virus
BRUSSELS (AP) — European Union leaders on Saturday extended their summit by an extra day in the hope they were finally closing in on a deal for an unprecedented 1.85 trillion euro ($2.1 trillion) EU budget and coro…
IMF: U.S. economy will drop 6.6% in 2020 in face of pandemic
WASHINGTON (AP) — The International Monetary Fund predicted Friday that the U.S. economy will shrink 6.6% this year, pounded by the coronavirus and the lockdowns meant to contain it.
Charges: Virginia man stalked Tulsa mayor over Trump rally
TULSA, Okla. (AP) — A Virginia man has been charged with cyberstalking the mayor of Tulsa in a failed effort to stop President Donald Trump's campaign rally there last month.