Business & Economy
Business & Economy
Pandemic Hasn’t Interrupted Alaska’s Resupply Lifeline From The Northwest, And Woe If It Does
The coronavirus pandemic has served to remind many of us how much we count on strangers staying healthy so we can restock our cupboards and go about daily life. That’s especially true for Alaskans who depend on a marine cargo lifeline from the Pacific Northwest for the majority of their goods. Continue Reading Pandemic Hasn’t Interrupted Alaska’s Resupply Lifeline From The Northwest, And Woe If It Does
U.S. Economy Drops 32.9% In Worst GDP Report Ever
The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce Department said Thursday. Continue Reading U.S. Economy Drops 32.9% In Worst GDP Report Ever
Tri-Cities And Yakima County Get Additional Business And Recreational Openings Within Their Phase 1
Benton, Franklin and Yakima counties have been approved for more business and recreational activities beginning this Saturday. The approval means additional operations within the counties’ current modified Phase 1 – not moving to a full Phase 2. Continue Reading Tri-Cities And Yakima County Get Additional Business And Recreational Openings Within Their Phase 1
After Delays, Republicans Rolled Out A New Pandemic Relief Bill. Democrats Balked
After days of delays, congressional Republicans unveiled their $1 trillion proposal for a fifth wave of pandemic relief. Democrats are not on board — signaling tough negotiations ahead. Continue Reading After Delays, Republicans Rolled Out A New Pandemic Relief Bill. Democrats Balked
Lawmakers Are Far Apart On A New Coronavirus Relief Bill. Here Are 5 Sticking Points
State governments face a precipitous drop in revenue, parents and teachers are debating how kids will return to school in the fall, and millions of unemployed workers face the prospect of their pandemic assistance running out at the end of the month. Continue Reading Lawmakers Are Far Apart On A New Coronavirus Relief Bill. Here Are 5 Sticking Points
Oil Industry, Accustomed To Booms And Busts, Is Rocked By Pandemic
When the price of oil crashes, oil companies often merge and big oil gets even bigger. So this crisis could be an opportunity for companies, but it comes with a tremendous amount of uncertainty. Continue Reading Oil Industry, Accustomed To Booms And Busts, Is Rocked By Pandemic
England To Lift Quarantine Rule For More Than 50 Nations — But Not For The U.S.
Effective July 10, travelers from “reduced risk” countries, including Spain, France, Germany and Italy, won’t have to self-Isolate for 14 days. The U.S. is not among the exempt countries. Continue Reading England To Lift Quarantine Rule For More Than 50 Nations — But Not For The U.S.
The Latest Pandemic Shortage: Coins Are The New Toilet Paper
In another sign of how the coronavirus is disrupting commerce, banks are running short of nickels, dimes and quarters. The Federal Reserve, which supplies banks, is having to ration change. Continue Reading The Latest Pandemic Shortage: Coins Are The New Toilet Paper
Retail Sales Bounce Up 17.7% After Record Drop As States Reopen
Spending is still nowhere near last year’s. But as more states and cities allowed restaurants and shopping centers to reopen, May saw a big swing from a historic collapse in March and April. Continue Reading Retail Sales Bounce Up 17.7% After Record Drop As States Reopen
Federal Reserve Vows To Help Economy Weather The Pandemic Recession
The Fed leaves interest rates near zero as expected, and promises to use all of its tools to support the economy. Officials project unemployment above 9% at the end of this year. Continue Reading Federal Reserve Vows To Help Economy Weather The Pandemic Recession
It’s Official: The U.S. Economy Is In A Recession. How Long Will It Last Is Uncertain
The committee tasked with marking U.S. business cycles says the economy peaked in February and has since been in a recession triggered by the pandemic. But it says the recession could be short-lived. Continue Reading It’s Official: The U.S. Economy Is In A Recession. How Long Will It Last Is Uncertain
Frustrated By Delayed Unemployment Benefits, Laid Off Workers Turn To Washington Supreme Court
Frustration with long delays in getting jobless benefits is boiling over into a lawsuit against the Washington State Employment Security Department. Attorneys representing two laid off workers and the nonprofit Unemployment Law Project filed the case directly with the state Supreme Court on Friday. Continue Reading Frustrated By Delayed Unemployment Benefits, Laid Off Workers Turn To Washington Supreme Court
