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Business

Inflation data keeps rate cut expectations on track

WASHINGTON (AP) — The Federal Reserve's preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate cut by the central bank next week. Prices rose 0.3% in September from August, the Commerce Department said Friday, in a report that ...

IncredibleBank wins chamber’s annual Golf Scramble event

IRON MOUNTAIN — The Dickinson Area Chamber of Commerce hosted its annual Golf Scramble at Oak Crest Golf Club in Norway, with Orbit Technology returning as the presenting sponsor. The event Sept. 12 kicked off with a 10 a.m. shotgun start and featured a day of golf, networking and games, ...

US government shutdown cost Delta Air Lines $200M

The longest government shutdown on record cost Delta Air Lines an estimated $200 million, CEO Ed Bastian said Wednesday in the first disclosure by a U.S. airline regarding the shutdown's financial impact. Bastian told investors that refunds "grew significantly" while bookings slowed amid the ...

Trump proposal would weaken vehicle mileage rules

WASHINGTON (AP) — President Donald Trump on Wednesday announced a proposal to weaken vehicle mileage rules for the auto industry, loosening regulatory pressure on automakers to control pollution from gasoline-powered cars and trucks. The plan, if finalized next year, would significantly ...