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OPEC may ramp up production

Mid Oregon Credit Union has acquired Bend-based High Desert Bank. High Desert Bank opened 2007. Its five employees have been offered jobs at Mid Oregon. Mid Oregon has seven branches in Central Oregon. (Bulletin) OPEC may ramp up production. OPEC and Russia meet today...

More jobs than workers

April figures show that the number of job openings, at 6.7 million, topping the number of unemployed people (6.3 million) for the first time in the report’s 18-year history. Openings in manufacturing and services increased, though the number of hires was little...

Starbucks Deal

The U.S. economy created 164,000 jobs in March. The overall employment level ticked higher as the labor force participation rate fell to 62.8%, pushing the unemployment rate to an 18-year low of 3.9%. Wages grew 0.1% month over month in April, slightly below...

Let’s Go to the Opera

Proving it isn’t over till the fat lady sings, the Dow Jones industrial average erased a nearly 400-point loss yesterday snapping a four-day losing streak. The S&P 500 closed down 0.23% after dropping as much as 1.6%. The Nasdaq fell 0.18% after dropping more...

All about jobs

Wednesday’s sell-off left the Dow Jones in correction territory with losses in 9 of the past 11 sessions. The Nasdaq has declined 7 of the past 10 days, with the S&P 500 down in two of the past three days. (CNBC) Fired Nike executive David Reichert has pleaded...

Big Swings

First quarter earnings season kicks off this week. Several financial companies will report results on April 12-13. The S&P 500 Index has grown earnings at a double-digit clip three out of the past four quarters, and we believe is likely to make it four out of...