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Monday: In Business

Fed tries to save face while cutting key rate

WASHINGTON — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House's demands. For months, Powell has largely ignored President Donald Trump's ...

Despite tariffs, Walmart able to outpace Target

NEW YORK — Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target. The nation's largest retailer reported a 4.6% quarterly increase in ...

Trumps turns $11.1B of gov’t funds into 10% stake in Intel

WASHINGTON — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal that was completed just a couple weeks after he depicted the company's CEO as a conflicted leader unfit for the job. "The United States of ...

Schools use field logos, concession price hikes to pay for new era of sports

It was an exercise in corporate branding that wouldn't have raised an eyebrow in most pro sports. In college sports, it bordered on revolutionary. In a full room of reporters, boosters and executives, the University of South Carolina delivered the news that it was bringing on a new sponsor ...

The bear NECESSITIES

MARQUETTE — What’s considered an authorative book on Michigan black bears is even better with the publication of the third edition of Understanding Michigan Black Bear. The new book has 78 more pages than the second edition and many more photographs. Four chapters have been added and all ...

UPPER PENINSULA STATE BANK ANNOUNCES PLANS TO BUILD OFFICE IN HOUGHTON

MARQUETTE — Upper Peninsula State Bank is pleased to announce their plans to expand their presence in the greater Houghton area. The Bank recently purchased property at 908 and 912 College Ave. in Houghton and has plans to build a full-service banking office to further serve the Copper ...