Business & Economy
Latest in Business & Economy
Oregon Diesel Prices Climb Above $6.25 as National Average Hits Record High
Diesel prices have reached a new national record, with the average U.S. price climbing to $5.9015 per gallon on September 7, according to AAA. But Oregon is experiencing…
PGE Customers Get Small Rate Cut as Oregon Cost of Living Rises Above U.S. Average
Oregon households served by Portland General Electric are seeing a modest reduction in electricity rates, while new federal data shows that the state's overall price…
Oregon Giant Nike to Be Dropped From S&P 100 After Stock Sinks Nearly 80%
Oregon-based Nike is losing its place in one of Wall Street’s most closely watched stock indexes after a nearly 80% collapse in its share price from its 2021 record high.
Washington County Will Not Pause New Data Center Projects for Now Despite Oregon-Wide Concerns
Notwithstanding several moratoriums on data centers by counties in Oregon, Washington County decided on Tuesday not to move forward with a similar intervention.
Lam Research Semiconductor Expansion Could Bring 450 R&D Jobs and 1,400 Construction Jobs to Oregon
Lam Research has broken ground on a major expansion of its research and development operations in Tualatin, strengthening Oregon's position in the semiconductor industry…
Oregon Home Sales Drop 8.9% as Western U.S. Housing Market Slows
Pending home sales have dropped in most US states, specifically the Northeast, South, and West, while the number of actual home sales in Oregon also dropped- by 8.9%.
Meta to Pay Oregon $125 Million in Facebook and Instagram Child Safety Settlement
In a historic multistate agreement, Meta has agreed to redesign core parts of Facebook and Instagram around the safety of young users and pay $17.1 billion to 47 states…
Oregon Ranchers Warn Trump’s Cheap Beef Import Plan Could Undercut Local Producers
President Donald Trump’s announcement that he plans to allow imports of up to 300,000 metric tons of ground beef products over the next three months without the standard…
