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Inflation, deteriorating job market puts the Fed, US in difficult spot

WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new data showed applications for unemployment aid soared, putting the Federal Reserve in an increasingly tough spot as it prepares to cut rates at its meeting next week despite persistent ...

Merle Norman joins Dickinson chamber

IRON MOUNTAIN — Merle Norman – Iron Mountain has joined the Dickinson Area Chamber of Commerce, which welcomed the business with a ribbon-cutting ceremony. Located at 1110 Carpenter Ave., Merle Norman – Iron Mountain offers a full range of beauty services and products, including hair ...

Average mortgage rate falls to lowest level in nearly a year

The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week. The long-term rate eased to 6.35% from 6.5% last week, mortgage buyer Freddie ...

Apple unveils iPhone 17 lineup

NEW YORK (AP) — Apple's iPhone 17 lineup is here. The tech giant on Tuesday unveiled four new models that mark the latest editions to its marquee product. That includes the introduction of the iPhone Air, which Apple says is its thinnest smartphone yet. And, as seen in years past, its ...

Postal traffic to US sank 80% after Trump administration ended exemption

Postal traffic into the United States plunged by more than 80% after the Trump administration ended a tariff exemption for low-cost imports, the United Nations postal agency said Saturday. The Universal Postal Union says it has started rolling out new measures that can help postal operators ...

US hiring stalls — Labor Department

WASHINGTON (AP) — The American job market, a pillar of U.S. economic strength since the pandemic, is crumbling under the weight of President Donald Trump's erratic economic policies. Uncertain about where things are headed, companies have grown increasingly reluctant to hire, leaving ...