×

Business News

Government shutdown means no monthly jobs report

WASHINGTON (AP) — From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 a.m. eastern as everyone awaits the Labor Department's crucial monthly jobs ...

Tourism: A key driver of jobs, income and growth

Tourism is not just an added benefit in Delta County; it is a pillar of the local economy. According to recently shared 2024 data from the Michigan Economic Development Corporation, tourism supports 1,377 jobs here, or 7.3% of all employment. This makes Delta County the third-largest tourism ...

Wall Street rises, snaps out of 3-day losing streak

NEW YORK (AP) — U.S. stocks climbed Friday and trimmed their losses for the week after a report showed that inflation is behaving roughly as economists expected, even if it's still high. The S&P 500 rose 0.6% and broke its three-day losing streak. The Dow Jones Industrial Average gained ...

Celebrating the community at chamber’s Woods & Water dinner

As another eventful year comes to a close, the Delta County Chamber of Commerce invites you to join us for an evening that celebrates the very best of our community. On Thursday, Oct. 9, we will gather for our annual dinner at the Island Resort & Casino, where the culinary team will ...

Fed’s favored inflation gauge accelerates slightly in August

WASHINGTON (AP) — The Federal Reserve's favored inflation gauge accelerated slightly in August from a year earlier. The Commerce Department reported Friday that its personal consumption expenditures price index was up 2.7% in August from a year earlier, a tick higher from a 2.6% ...

Starbucks to close hundreds of stores as part of turnaround plan

Starbucks said Thursday it's closing hundreds of stores in the U.S., Canada and Europe and laying off 900 nonretail employees as it focuses more of its resources on a turnaround. The Seattle coffee giant said store closures would start immediately. Starbucks said affected baristas will be ...