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Business

Senate confirms Warsh as Fed chairman

WASHINGTON (AP) — The Senate confirmed President Donald Trump's nominee to lead the Federal Reserve, Kevin Warsh, bringing new leadership to the world's most powerful central bank at a fraught moment for the global economy. Warsh, 56, a former top Fed official, was confirmed Wednesday in ...

Gasoline prices fuel inflation surge

WASHINGTON (AP) — U.S. consumer prices climbed sharply again last month as the 10-week war with Iran delivered higher gasoline prices and more pain for Americans. The Labor Department's consumer price index rose 3.8% from April 2025, the biggest jump in three years, and up from a 3.3% ...

Owner revives business in downtown IM with Revival

IRON MOUNTAIN — Holly DeGroot has returned as a local business owner, officially turning her pop-up women’s clothing boutique, Revival, into a permanent location May 1. DeGroot previously operated Bijou Lovely from 2017 to the beginning of 2024 in the same building at 310 S. Stephenson ...