August 11, 2020
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Salem-News Business Section (August 11,2020 01:10)

The American Debt Crisis - Growing Debt a Concern Amidst Pandemic

As of March 2020, the average American household was drowning in over $138,000 in debt.

(SALEM, Ore.) -money problemsThe American economy set records in the second quarter, and not in a good way.

The economy plummeted 32.9 percent between April and June, making this the worst plunge ever. This is due to the novel virus rampaging throughout the United States, causing businesses to shut down and millions of citizens losing their jobs.

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0 - Comments Comments (July 30,2020 15:08)

Technology`s Effect on Industries

Business models are changing quickly as different industries employ the internet to provide services and products.

(SALEM, Ore.) -TechnologyCompanies and firms in any industry want to keep up to date by having the latest innovations that have been made possible by the growing technology.

Some of the technological advancements that have helped the industries include...

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0 - Comments Comments (July 29,2020 19:03)

July 29 National Day of Action to Save Hotel Jobs

Only 37% of hotels have brought back at least half of their employees

(WASHINGTON, D.C.) -Hotels COVIDThe pandemic continues to have a devastating effect on the hotel industry and its employees.

AHLA declared Wednesday, July 29 “Save Hotel Jobs,” a National Day of Action for hoteliers across the country to urge lawmakers to swiftly pass additional stimulus relief.

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0 - Comments Comments (July 26,2020 12:50)

US Judge Robert Drain: Recuse Yourself!

US Judge Robert Drain should not be presiding over the Purdue Pharma bankruptcy case.

(MYRTLE BEACH, SC) -Robert DrainThe disgraced Sackler family, owner of Purdue Pharma maker of the criminally marketed opioid OxyContin, has been in the news over a bankruptcy case in NY.

This case is being presided over by U.S. Bankruptcy Judge Robert Drain of White Plains, New York.

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0 - Comments Comments (July 16,2020 13:17)

What Oregon Sportsbooks Can Learn from Their UK Counterparts

Oregon is one of four US states that allows sports betting.

(SALEM, Ore.) -Oregon sports bettingIn the UK, it’s safe to say that the betting industry is currently thriving.

Because of the fact that the gambling industry is proving to be so lucrative and popular in the UK and indeed, in many other parts of the world as well, more and more countries are looking to get their own slice of the pie and take a page out of the UK’s book.

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0 - Comments Comments (July 15,2020 23:51)

Schools Reopening During a Pandemic?

Risk of infection for students, teachers, school staff and all of their families should be of prime concern.

(SAN FRANCISCO, Calif.) -schools closedMany states seem schizophrenic about school openings, especially states that have done too little too late about curbing the pandemic.

Trump is pressuring schools to reopen without regard to whether it is safe to do so. And many red state governors are feeling the White House pressure to reopen in spite of the rising levels of new cases in their states, giving little or no consideration to the risk of infections to teachers, school staff, students and the families of these students.

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0 - Comments Comments (July 07,2020 13:16)

Gas Prices Stay Fairly Steady in all 50 States

For the week, the national average remains at $2.18 a gallon. The Oregon average adds two cents to $2.61.

(PORTLAND, Ore.) -national gas pricesDrivers who hit the road for Independence Day found pump prices were about 60 cents a gallon cheaper than last year. The national average was the cheapest for the holiday since 2004 and the Oregon average was at its cheapest since 2016.

A few states also saw prices jump due to fuel tax increases on July 1. This includes California, Illinois, Indiana, Iowa, Nebraska, South Carolina and Maryland.

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0 - Comments Comments (July 01,2020 18:05)

Dairy Supply Chains Will Need to Adjust as Consumer Behavior Changes

Forecasts suggest that the U.S. could lose up to 25% of its restaurants.

(DENVER, Colo./GLOBE NEWSWIRE) -family dinnerAs consumers heeded the stay-at-home advisories, they increased purchases of products that in recent years had fallen out of favor.

Processed cheese sales increased by nearly 20% during the eight weeks ending May 31. White milk sales gained more than 10% during the same period. Cereal is also doing well with sales up almost 15%.

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0 - Comments Comments (June 30,2020 13:57)

Hey Congress, Move the Money

No other nation spends even half what the United States does on militarism.

(SAN FRANCISCO, Calif.) -policeIf we want local and state governments that provide experts in de-escalating conflict, professionals to assist those with drug addictions or mental illness, and skilled experts at handling traffic or responding to various sorts of emergencies, the funding is easily and logically found.

It’s sitting in the oversized budgets for armed policing and incarceration.

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The NAACP of the Willamette Valley