Economy

U.S. strikes deal with China’s ZTE

WASHINGTON, D.C. (CNN) – The Trump Administration has reached a deal with Chinese telecom giant ZTE. U.S. Commerce Secretary Wilbur Ross announced ZTE will pay a hefty $1 billion fine to resolve a high-profile dispute with the United States. The deal could …

Harry and David open new resource center

Medford, Ore. – Harry and David wants to help you find your next job. Tomorrow,they’re unveiling an updated resource center at the Medford campus. The company says it’s renovated its service center and is now expanding services to include resume tips, job …

OPEC strategy: is it still relevant?

ABU DHABI, U.A.E. (CNN) – King Salman of Saudi Arabia and Vladimir Putin of Russia—once fierce competitors as the world’s two largest oil exporters—are now partners in the price recovery. In 2016, their two energy ministers, Khalid al Falih and Alexander Novak, hatched …

Medford business developments update

Medford, Ore. — An exciting time for the City of Medford, as several new businesses have already broke ground. The new stores and restaurants are expected to bring hundreds of jobs to the Rogue Valley. NBC5 News checked in with the City …

Mortgage rates jumping by end of year

Medford, Ore.- If you’re looking to buy a home this year, there may be some big changes coming your way. While home prices across Oregon have been on the rise for years, now your mortgage rates may start jumping, too. Currently, the …

Gas prices on the rise

(NBC News) – Gas prices are on the rise. The national average for regular unleaded has increased more than 20 cents over the past month, and the trend is expected to continue. Michael Whatley with the Consumer Energy Alliance says oil inventories …

Ashland Food Co-op announces planned expansion

ASHLAND, Ore. – The Ashland Food Cooperative announced they plan on expanding their downtown presence with the addition of a new property. According to the certified organic food retailer, they’ve entered into a contract to buy a 1.8-acre undeveloped lot at 120 …

Tax filing deadline nears

(NBC News) – April 17 is the last day to file taxes this year, and from all indications, millions of Americans are putting off the inevitable. “At the last minute, people tend to rush around. So, you just want to make sure …
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