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Local News


Stocks dropped more than 500 points today. It was the biggest one day drop since 2008. The markets are reacting to weak job numbers and still high unemployment claims.   Bend financial advisor Bill Valentine says the market opened down and got worse: “Clearly we're lowering our expectations from reasonable growth to sub-par growth and its still to be seen whether we'll be in full blown contraction. The fact the unemployment remains so far this far into the economic recovery is very rare. We should be knocking off a percentage point every year and we're simply not doing that.” Over the last ten days, the dow has experienced the worst losing streak for stocks since 2008.

 

 

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Traffic & Weather

 

 

 

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 
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