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Business

Federal Reserve leaves its key rate unchanged but sees two cuts this year

WASHINGTON (AP) — Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March. The Fed kept its key rate unchanged for the fourth straight meeting Wednesday, and said the ...

Borderland Meats: He knows how the sausage is made, times 20

NORWAY — Ten years ago, Jeff Muraro traded his sales job in the technology field for his love of making sausage and created Borderland Specialty Meats, Foods and Smokehouse. He said he’s never looked back. “I was in corporate sales through my earlier years, so I traveled ...

Harmony Hearth Bakery opens in IM

IRON MOUNTAIN — Harmony Hearth Bakery opened its doors June 2, specializing in sourdough breads, cheesecakes, pastries and more. Co-owner Cadance Kapeles always wanted to have a bakery of her own and partner Erik Kraemer convinced her the time was right. “I worked at a bakery as one ...

Great Lakes Logging & Heavy Equipment Expo set for Sept. 4-6

RHINELANDER, Wis. — The 79th-annual Great Lakes Logging & Heavy Equipment Expo will roll into Escanaba from Sept. 4-6, bringing more than 5,000 people to the U.P. State Fairgrounds. The Great Lakes Logging & Heavy Equipment Expo is the largest cut-to-length forest products trade ...

Circle Power giving $30K in grants to six fire, EMS providers

DICKINSON COUNTY — Circle Power, the company developing Groveland Mine Solar, will give First Responder Grants totaling $30,000 to six providers in the Dickinson County area where the grid-connected solar array will be built. Volunteer fire departments and volunteer emergency medical service ...

Spread Eagle Golf Course back in business

SPREAD EAGLE, Wis. — After only having deer on its greens and fairways for the past seven years, the once-popular Spread Eagle Golf Course reopened on June 1 after a long effort to get the site back in shape. Spread Eagle Golf Course was established in 1972 and purchased by Ronald and ...