For Thursday, October 9th, 2025
>> REGIONAL BIZ ALLIANCE
Central Oregon business leaders have announced the launch of the Regional Business Alliance, uniting voices across Deschutes, Crook, and Jefferson counties. The RBA will advocate for pro-business policies, infrastructure investments, and regional economic growth. Founding partners, including St. Charles Health System and Mid Oregon Credit Union, see the alliance as key to fostering a healthy, prosperous community.
>>Stocks Close Lower On Shutdown Concerns
(New York, NY) -- Wall Street closed lower Wednesday as the government shutdown rolled into its second week. Uncertainty over the shutdown along with a decline in Oracle shares weighed on markets. Gold prices topped four-thousand dollars an ounce for the first time ever as investors hedged their bets and moved into safe-haven assets. At the closing bell, the Dow lost 91 points to 46-602. The S&P 500 dropped 25 points to 67-14. The Nasdaq fell 153 points to 22-788.
>>Powell To Give DC Address
(Washington, DC) -- The attention of investors will be focused on an address from Fed chair Jerome Powell today. Powell is set to deliver a speech at a banking conference in Washington, D.C., and could give indications as to the future of possible interest rate cuts. Minutes from last month's meeting of the Fed showed a majority of members of supported further reductions this year.
>>Majority Feel U.S. Economy On Wrong Track
(Undated) -- Many Americans feel the U.S. economy is on the wrong track. Fannie Mae's National Housing Survey found that 67-percent of respondents think the economy is going in the wrong direction compared to the 32-percent believing it is going in the right direction. Findings mark a slight increase from August when 64-percent negatively viewed the future of the economy. A key part of economic life that Americans were skeptical about includes the housing market as 73-percent of respondents believe it is a bad time to buy a home.
>>President Trump Looking At Canceling $1-Billion In Grants For Automakers
(Washington, DC) -- A planning document obtained by the Detroit News indicates President Donald Trump is weighing the cancellation of over a billion-dollars in federal grants for General Motors and Stellantis. One grant alone is for 500-million-dollars for GM to be put toward converting its Lansing Grand River Assembly Plant to electric vehicle production.
>>Tesla Shows Off Cheaper Models
(Austin, TX) -- Tesla is showing off cheaper versions of its Model 3 and Model Y electric vehicles. The cars, called the Model 3 Standard and Model Y Standard, are around five-thousand dollars cheaper than the premium version, starting at around 39-thousand and 41-thousand dollars, respectively. The new models will be available in December or January and come after the federal government eliminated the 75-hundred dollar tax credit for electric cars.
>>Disneyland is Hiking Admission Prices Again
(Anaheim, CA) -- Admission to Disneyland is getting more expensive. The Anaheim resort is increasing prices on most tickets, including single-day and multi-day tickets, as well as Magic Key annual passes. The lowest-priced Tier Zero tickets are holding at 104 dollars, but all other tiers are moving higher. For example, the top level, Tier Six, is increasing nearly nine percent from 206 to 224 dollars. The top-tier Magic Key pass is jumping from 17-hundred-49 to 18-hundred-99 dollars. Parking rates are also increasing by five dollars.
>>Dunkin' Now Has Ten-Thousand U.S. Locations
(Canton, MA) -- Dunkin' now has ten-thousand locations in the United States. The Massachusetts-based company announced the ten-thousandth store open last week in Darien, Illinois, a Chicago suburb. The Boston Business Journal reported the newest store is operated by franchisees The Hari Group, who now reportedly runs 100 Dunkin' locations. Dunkin' was founded in 1950.
