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Business

US stocks cap milestone-setting week with modest losses

Bond yields rose and stocks mostly bounced back from an early slide to finish with modest losses Friday, a downbeat end on Wall Street to an otherwise milestone-setting week for the broader market. The small decline snapped a six-day winning streak for the S&P 500, though the benchmark ...

Burned Jim Beam warehouse was insured

LOUISVILLE, Ky. (AP) — A Jim Beam storage warehouse that burned down, destroying 45,000 barrels of aging whiskey, was equipped with sprinklers and was insured, the company says. Meanwhile, the famed distiller is still assessing the loss of the bourbon. Remnants of the fire that erupted ...

Trump pick for Fed says she does not want to harm investors

WASHINGTON (AP) — Economist Judy Shelton, tapped by President Donald Trump for a seat on the Federal Reserve board, said on Friday she does not favor credit tightening by the Federal Reserve that would harm investors. In a CNBC interview, Shelton sought to align her past criticism of the ...

New business on the block

MARSHALL — Sarah Kesteloot’s goal to have her own retail business ties in perfectly with the expansion of business activity on North Third Street in downtown Marshall. Kesteloot opened Rustic Hideaway Boutique June 1 as the latest of several successful neighboring business startups in the ...

Business Briefs for July 1

Bjorlie hired at Avera Marshall Big Stone Therapies Jessica Bjorlie has been hired at Avera Marshall Big Stone Therapies as a clinician. She has a bachelor of science degree in athletic training from the University of North Dakota. She is married to Dan Bjorlie and lives in Benson. Bursch ...

Average US price of gas drops 11 cents per gallon to $2.73

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline dropped 11 cents per gallon (3.8 liters) over the past two weeks, to $2.73. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that lower crude oil prices contributed to the drop at the pump. Oil ...