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Fed policymakers show support for rate hikes

WASHINGTON (AP) — The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank's policymakers said they could support a rate hike later this year. The unexpectedly aggressive tilt toward higher rates would disappoint President Trump and suggests heightened ...

Pizza Hut will be sold for $2.7 billion

Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands. Yum Brands said Tuesday that the private equity firm LongRange Capital will buy Pizza Hut, excluding the mainland China ...

Crandall named First Bank’s regional VP

IRON MOUNTAIN/KINGSFORD — First Bank has promoted Debra Crandall to regional vice president for Upper Michigan. With more than 30 years of banking experience and 11 years as a member of the First Bank team, Crandall brings a wealth of expertise and a proven track record in lending, team ...