Economy

China pushes for rollback of U.S. tariffs

BEIJING, China (NBC) – Trade talks between the U.S. and China appear to be stalled over the rollback of U.S. tariffs. China’s Commerce Ministry said Thursday the U.S. must abolish trade tariffs if the U.S. wants China to agree to a deal. …

Facebook launches new cross-platform payment system

MENLO PARK, Calif. (NBC) – Facebook is launching a new payment system, called Facebook Pay. It will be available for use on Facebook, WhatsApp, Instagram and Facebook messenger. The service is designed to facilitate payments across the company’s social networks and apps. …

Farmers react to proposed USDA hemp regulations

 CENTRAL POINT, Ore. — Speak now or forever hold your peace, that’s the message local hemp farmers are putting out. Earlier this week, the U.S. Department of Agriculture announced the creation of the Domestic Hemp Production Program with potential rules to regulate …

Gov. Kate Brown announces trade mission to Asia

SALEM, Ore. – Oregon Governor Kate Brown announced she’s traveling overseas on a trade mission to Asia. The governor’s office said between November 5 and 16, Brown will visit South Korea and Japan to promote foreign investment in Oregon. “A thriving economy …
Taylor's Sausage Logo

Taylor’s Sausage recall

CAVE JUNCTION, Ore.— 641 pounds of ready-to-eat meat and poultry sausages are being recalled after a routine inspection from the Food and Safety Inspection Service. Taylor’s Sausages in Cave Junction is recalling products because of a problem with their labeling.  According to …

Interest rates cut for 3rd time this year

WASHINGTON, D.C. – Federal Reserve Chairman Jerome Powell announced Wednesday that interest rates will be cut for the third time since July. Wall Street anticipated such a move, but speculation remains as to whether any more cuts are on the way. The …