×

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 ...

UP jobless rate inches up in March

The Upper Peninsula jobless rate saw little change in March as the number of jobless workers rose by 200 since February and the estimated size of the labor force dipped, according to data released by the Michigan Department of Technology Management and Budget. “Michigan labor markets ...