Business

Two promoted within Dacotah Bank

Dawn Fitzgerald has been named the market president of Dacotah Bank in Rolla. She will assume management of the Rolla location, as well as continue her supervisory role in the lending department. She had previously held the position of business banker at the Rolla location. Fitzgerald has 25 ...

FUTURES FILE

Palladium’s swings leaves traders pale Last week, palladium prices rocketed to an all-time high near $1600 per ounce as global markets feared a shortage. The precious metal, which is used primarily in catalytic convertors to clean automobile exhaust, has been seeing rising demand due to ...

How your tax refund could improve your credit

Money can't buy you a good credit score, but you might be able to use your income tax refund strategically to polish your credit. How to go about it depends on where you are in your credit journey. IF YOU'RE NEW TO CREDIT If you're just starting out, you can use a tax refund to get a credit ...

US consumer spending edges up weak 0.1 percent in January

WASHINGTON (AP) — U.S. consumer spending edged up a tiny 0.1 percent in January, while incomes advanced a modest 0.2 percent in February, further evidence that economic activity may have decelerated after strong growth for most of last year. The Commerce Department said Friday that the weak ...

S&P 500 posts biggest quarterly gain in a decade; Lyft soars

Stocks finished broadly higher on Friday as Wall Street closed out the first quarter with the market's biggest gain in nearly a decade. The benchmark S&P 500 index is now up 13.1 percent this year, a drastic turnaround for stocks after a jarring 14 percent sell-off in the last three ...

Ride-hailing giants face bumpy road to profitability

NEW YORK (AP) — Ride-hailing giants Uber and Lyft have redefined what we expect from transportation, hooking customers on the immediacy of on-demand rides with a few clicks on a smartphone. But whether the companies can turn their popularity into profits is a question investors are asking ...

Rising bond yields, company earnings boost US stocks

Stocks finished broadly higher on Wall Street Thursday as bond yields rose, easing concerns about a troubling drop in long-term yields over the past week. Gains in financial, technology and industrial stocks outweighed losses in utilities and communications companies. Smaller company stocks ...

US trade gap falls 15 percent to $51.1 billion in January

WASHINGTON (AP) — The U.S. trade deficit tumbled nearly 15 percent in January as imports fell and exports rose. Shipments of American goods to China skidded to the lowest level in more than eight years as the world's two biggest economies remained locked in a trade war. The Commerce ...

US stocks stumble, erasing some of the prior day’s gains

Technology and health care companies drove a broad slide in U.S. stocks Wednesday, erasing some of the market's solid gains from a day earlier. The sell-off put the Dow Jones Industrial Average on track to end the month with a loss and marked the second drop for the benchmark S&P 500 ...

US home price gains fall to lowest in more than 6 years

WASHINGTON (AP) — U.S. home prices rose at their slowest pace in more than six years in January, as higher mortgage rates last year weighed on sales. The S&P CoreLogic Case-Shiller 20-city home price index increased 3.6 percent in January from a year earlier. That's down from a 4.1 ...

US housing starts slumped 8.7 percent in February

WASHINGTON (AP) — The number of homes under construction fell 8.7 percent in February, as ground breakings for single-family houses plunged to their lowest level in nearly two years. The Commerce Department said that builders started construction at a seasonally adjusted annual rate of 1.16 ...

Banks, technology companies power a rebound for US stocks

Stocks finished broadly higher on Wall Street Tuesday, erasing the market's modest losses from a day earlier. Financial, technology and health care stocks accounted for much of the rally. Banks got a boost from rising bond yields, which let them charge higher rates on loans. Energy companies ...

Survey: Business economists see slowdown in growth this year

WASHINGTON (AP) — The nation's business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp contrast to the Trump administration's predictions that growth will accelerate this year and next. That finding comes from the latest survey by the National ...

US stocks end choppy day mixed amid global growth jitters

U.S. stocks capped a day of choppy trading with an uneven finish Monday as investors wrestled to make sense of newly pessimistic outlooks for the global economy. Traders also weighed another troubling drop in long-term bond yields, which many see as a warning sign of a possible ...

SkySkopes turns heads in industry

North Dakota’s SkySkopes is among companies worth getting to know in the U.S. commercial drone industry, according to a recent article on Forbes.com. Contributing writer Colin Snow, a drone industry analyst, highlighted SkySkopes and two other companies that are leading the way in unmanned ...

March recipients of the Minot Area Chamber of Commerce Eagle Award Program

Jarret Schatz, Tri-N Propane; Tamara Fettig, Biscuits & Bows Pet Spa; Derrick Fettig, Conlin’s Furniture; David Messemer, Conlin’s Furniture; Amy Strand, The Wellington Assisted Living; Kelsey DeBauge, Stylique Salon; Linda Quinn, U.S. Postal Service; Charlsie Burud, Keller Williams ...

FUTURES FILE

Hog market sizzling Hog futures contracts continued exploding higher last week, setting new price records across all contracts. Markets rose the exchange maximum price for two days straight, locked “limit up,” as traders scrambled to buy bacon. Prices have risen by over 50% during the ...

Therapist renews neonatal certification

Chelsey Reiter, an occupational therapist in Trinity Health’s Newborn Intensive Care Unit, has earned recertification as a Neonatal Touch and Massage Therapist, according to a press release from Trinity. Neonatal Touch and Massage is a method of nurturing contact that promotes healthy ...

Integrity Viking Funds expands sales teams

Integrity Viking Funds, a niche fund asset manager with a focus on income strategies across asset classes with a specialty in energy investing, is initiating a comprehensive growth strategy. “We are actively expanding our sales teams in regions of the country where we don’t have ...

Treasury grants further relief on IRS withholding penalties

WASHINGTON (AP) — The Treasury Department announced Friday that it is expanding again the relief it grants taxpayers who had too little in income taxes withheld from their paychecks in the first year of a sweeping tax overhaul. Treasury said that taxpayers will be able to avoid penalties ...