Local Business

09/21/2026 · Antrim County

Satellite Imagery Reveals Damage to Major Saudi Oil Pipeline

A satellite image shows significant damage to a key Saudi oil pipeline, leading to its closure. Analysts indicate the shutdown could reduce global oil supplies by up to 3.6 million barrels daily. The full extent of the damage and repair timeline remain unclear.

09/21/2026

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Business

US 10-Year Treasury Yield Reaches 5.04%, Highest Since 2007

The interest rate on 10-year US government bonds climbed to 5.04%, marking its highest point since 2007. This increase in the 10-year Treasury yield occurred before the rate subsequently eased.

09/21/2026

Business

Federal Reserve Increases Interest Rates to Address Inflation

The Federal Reserve on Wednesday raised its benchmark interest rates. This action marks the first rate increase since 2023 and aims to slow inflation.

09/21/2026

Business

China's Economic Growth Slows, Misses Annual Target

China reported a significant slowdown in economic growth, falling short of its official annual target. Weak domestic consumer demand and rising oil prices, influenced by the conflict in the Middle East, contributed to the decline.

09/21/2026

Business

Report Examines Middle-Class Retirement Prospects

A new report from the Transamerica Center for Retirement Studies and Transamerica Institute examines the financial stability and retirement outlook of the American middle class. Researchers identify economic pressures impacting long-term financial planning for this group. The study provides insights into savings behaviors and concerns about future financial security.

09/21/2026

Business

Financial Experts Advocate Saving While Repaying Credit Card Debt

Financial experts recommend consumers prioritize saving for emergencies even while paying down credit card balances. This strategy aims to help individuals avoid accumulating new debt. They offer guidance on budget adjustments to achieve both goals.

09/21/2026