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Futures Files

Ian storms commodity markets Hurricane Ian, identified as the sixth most powerful hurricane in US history, and one of the worst to hit Florida, stimulated rapid intermittent buying of crude oil, diesel, gasoline, natural gas, orange juice, and lumber all week. After a brief hiatus, as the category 4 storm moved into the Atlantic and lost energy, the eye was aiming at the Carolinas for a somewhat milder category 1 dose of flooding and damage. Crude, heating oil, and gasoline spiked upward midweek but weakened on Friday as damage to rigs and refineries were assessed. Frozen OJ ...

‘It’s been a good run’

You never want to hear that a local business is shutting down, especially ones that have stood the test of time like Andersons D & S Bootery, a purveyor of a range of boots, shoes, and orthopedics. While it still may be bittersweet for owner Bryan Anderson to say farewell to the business that ...

Wald joins Aspire Credit Union

Christy Wald has been hired as a mortgage loan processor at Aspire Credit Union. Wald has nine years of loan processing experience and more than 23 years of work in the financial industry. “I am excited to connect with members and assist them with their mortgage questions and make the process as easy as possible for them,” Wald said. Aspire Credit Union, formerly Prairie Federal Credit Union, has served the Minot area communities since 1937. It is a non-profit, member-owned financial institution. A community-chartered credit union, it is serving Bottineau, McHenry, McLean, ...

Pardon joins Dacotah Bank

Courtney Pardon has joined the Dacotah Bank location in Minot as a mortgage banker. Pardon is a 2012 Surrey High School graduate. She graduated from Minot State University in 2016 with a bachelor’s degree in finance and management. Her banking career includes 10 years of experience in the Minot market. Her most recent position she is coming to Dacotah Bank from was a mortgage banker with Bremer Bank. She spends time in the community being part of the board for the Minot Association of Builders, Optimist Cub and serves as a Minot Area Chamber EDC ambassador.

GNDC to hold policy summit

BISMARCK — The Greater North Dakota Chamber will hold its annual Policy Summit on Tuesday both virtually and in-person at the Bismarck Hotel and Conference Center. Panel topics and panelists include: Media & Public Policy in the Era of Fake News with Dave Thompson, Prairie Public, Rep. Austen Schafer and Tyler Axness with Afternoons Live-KFGO. North Dakota Business Climate with survey results by John Bitzan of the Challey Institute-North Dakota State University and panelists Rep. Jason Dockter, Dennis Johnson of TMI Systems and Matt Chaussee of Be More Colorful. Legacy ...

FUTURES FILES

Black Friday for stocks, investors dump everything Fears of rising interest rates and worldwide recessions fueled continued panic selling of stocks, bonds, notes, and virtually every currency. The U.S. dollar was the exception. Many attributed the crash to the greenback since U.S. investments are priced in dollars; as the U.S. dollar goes up, all else goes down. The recent massive declines have erased the past two year’s swings and broken the lows since the COVID-19 recovery. The December S&P traded at 3,675, with the December Dow Jones futures at 29,430. Ten Year notes for December ...