×

Business

Stocks rebound as hopes rise that trade tensions will ease

Wall Street capped a turbulent week with a late-day rally Friday after shaking off an early slump triggered by the latest escalation in the trade war between the U.S. and China. The market fell sharply in the early going after the U.S. raised tariffs on $200 billion worth of Chinese goods ...

Business Briefs for May 6

Duininck, Inc. names Chris Duininck as president Duininck, Inc. of Prinsburg, named Chris Duininck as president of its Minnesota division, effective April 1. With the transition to the new role, Chris Duininck will focus on optimizing organizational structure and performance for the heavy ...

New plans for the Lodge

SLAYTON — The countdown has started for the 2019 opening of the renovated Lake Shetek Lodge on Valhalla Island. New owners Lance Rogers of Wilmont, his fiance Tami Brink, and distant relatives Chuck and Robin Cessna have a mid-May target date to open for the season. Plans include the ...

Hiring surge lifts economy — and Trump’s re-election chances

NEW YORK (AP) — The lowest unemployment rate in a half century. More than 260,000 new jobs. And higher hourly wages. “I’ll be running on the economy,” President Donald Trump declared on Friday. And why wouldn’t he? The day’s new round of sunny employment figures offered fresh ...

US stocks end broadly higher on solid jobs report, earnings

A solid jobs report and company earnings spurred U.S. stocks broadly higher Friday, driving the S&P 500 to its second straight weekly gain. The Nasdaq composite hit an all-time high for the second time this week. The benchmark S&P 500 index closed less than 0.1% below the record high ...

US economy grows at 3.2% rate in first quarter

WASHINGTON (AP) — The U.S. economy grew at a solid 3.2% annual rate in the first three months of the year, a far better outcome than expected, overcoming a host of headwinds including global weakness, rising trade tensions and a partial government shutdown. The advance in the gross domestic ...