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Business

IRS to send special payments

Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people's bank accounts or sent in the mail by a paper check. The IRS said it's distributing about $2.4 billion to ...

Trump adds Europe to those he’s threatening with tariffs

WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Friday added the 27 countries that make up the European Union to the list of trade partners he's threatening with tariffs — unless the group takes steps to import more U.S. goods. "I told the European Union that they must make ...

Hotel switches to Baymont franchise

IRON MOUNTAIN — A hotel on Iron Mountain’s south side celebrated changing to the Baymont by Wyndham franchise with a ribbon-cutting ceremony by the Dickinson Area Chamber of Commerce. The hotel at 1609 S. Stephenson Ave. in Iron Mountain has gone through extensive renovations, owner Kanna ...

Amazon workers affiliated with Teamsters strike at delivery hubs

Amazon workers affiliated with the Teamsters union launched a strike at seven of the company's delivery hubs less than a week before Christmas. The Teamsters said the workers, who voted to authorize strikes in recent days, joined picket lines on Thursday after Amazon ignored a Sunday deadline ...

Stocks plunge as Fed hints at just 2 rate cuts for 2025

NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The S&P 500 fell 2.9%, just shy of its biggest loss for the year, to pull ...