Oil tumbles $4 on slumping demand

Oil prices continued to decline Wednesday, after a government report showed stronger-than-expected inventories and a Federal Reserve report showed a weakening economy. Light, sweet crude for... >>more

Middle class: 'On the edge'

America's middle class is increasingly squeezed by sagging incomes and soaring expenses, experts told Congress on Wednesday. Adjusted for inflation, median household income dropped by $1,175 between... >>more

Oregon: Expanding work force swells local jobless rate

Jul. 22--Seasonal employment upticks weren't enough to counter June's expanded work force as students and graduates looked for jobs last month. Jackson County's payroll employment grew by 950 in... >>more

Buyer of ANB deposits takes hit; Bank's earnings fall 5% in quarter

Iberiabank Corp. took a $1.1 million pretax hit in the second quarter in connection with its purchase of $213 million in deposits from ANB Financial Bank of Rogers, the Lafayette, La., firm said... >>more

Oregon: Summit Bank's quarterly earnings stay stagnant

Jul. 22--Eugene-based Summit Bank has reported 25 percent year-over-year growth in loans and deposits for the quarter that ended June 30, providing a bright spot in a banking sector that has been... >>more