Business & Economy
Business & Economy
Oil Prices Jump Following Drone Attack On Saudi Oil Facilities
It’s the largest one-day surge in crude prices in years. Yemen’s Iranian-backed Houthi rebels claimed responsibility for the strikes, but the U.S. says Iran played a key role. Iran denies involvement.
Bonneville Dam Lock Closure Stops Inland Grain Exports To Global Markets
The Northwest’s soft white wheat harvest is in full swing, but that grain is going nowhere fast. That’s because of an emergency repair to a lock at Bonneville Dam on the Lower Columbia River.
Trump Administration Challenges California And Automakers On Fuel Economy
The Trump administration says only the federal government can set tailpipe emissions standards. It’s the latest move in a months long standoff over efforts to weaken a key Obama-era climate rule.
Google, YouTube To Pay $170 Million Penalty Over Collecting Kids’ Personal Info
Google and its YouTube subsidiary are settling allegations that YouTube collected personal information from children without their parents’ consent, the Federal Trade Commission said.
5 Years In, Washington Regulators Considering Changes To Legal Marijuana Rules
Five years after Washington launched its pioneering legal marijuana market, officials are proposing an overhaul of the state’s industry rules, with plans for boosting minority ownership of pot businesses, paving the way for home deliveries of medical cannabis and letting the smallest growers increase the size of their operations to become more competitive.
Northwest Grocery Store Workers Vote To Approve Strike If Wage Negotiations Collapse
Grocery workers from across Oregon and southwest Washington have voted to approve a strike if negotiations with four of the region’s largest supermarket chains deadlock.
‘You Have To Remain An Optimist.’ Northwest Farmers Wrap Wheat Harvest As Prices Depress
Right now, Northwest wheat farmers are wrapping up their harvest in many areas. But across the country, farmers are losing money on every load of that golden grain.
Stock Markets Take Another Hit As The Trade War With China Heats Up
World stock markets saw sharp sell-offs after China let its currency slide, the latest move in its trade war with the United States. The Dow Jones Industrial Average closed down 767 points, or 2.9%.
Retailers Warn: Get Ready For Higher Prices If New Tariffs Hit Goods From China
Retailers predict rising prices if President Trump goes through with his threat to add new tariffs to Chinese imports. Meanwhile, the White House announced a deal to boost beef exports.
With Jobs Numbers Like These, It’s Hard To See Why The Economy Is Slowing
The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.
What’s The Toll Of Childhood Cancer? 11 Million Years Of Human Potential Every Year, Study Says
What does the world lose when a child gets cancer? Out of 2.2 billion children worldwide, more than 416,500 children are diagnosed and 142,300 are estimated to die from the disease each year. Now researchers have calculated the impact in more defined terms. Childhood cancer’s toll amounts to a total of more than 11 million lost healthy years each year.
Federal Reserve Cuts Interest Rates For 1st Time Since 2008
The quarter-point cut signals growing concern at the Federal Reserve about a slowdown in the economy amid the trade war with China. The Fed last cut rates in 2008 and raised them as late as December.
