Local Business

09/08/2026 · Cottonwood County

U.S. Economy Reports Job Losses in July, Unemployment Rate Declines

The U.S. economy recorded a net loss of 23,000 jobs in July, contrary to economists' projections for growth. The unemployment rate decreased to 4.1%, a change attributed to fewer individuals seeking employment. Federal data also indicated downward revisions for job creation in May and June.

09/05/2026

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Business

U.S. Economy Sees Modest Growth, Consumer Spending Increases in Spring Quarter

The U.S. economy expanded at an annual rate of 1.5% in the spring, according to the Commerce Department. This represented a slight slowdown from the previous quarter, but consumer spending showed an increase.

09/05/2026

Business

Bank Maintains Interest Rates Amid Economic Growth Forecast, Cites Geopolitical Concerns

A central bank has maintained its benchmark interest rate, forecasting a stronger economic growth this year. Bank officials noted their readiness to adjust rates if geopolitical tensions intensify.

09/05/2026

Business

BP Reports Highest Profits in Four Years Amid Rising Oil Prices

BP announced its highest profits in four years, attributed to a rise in global oil prices. Environmental groups expressed concerns regarding the company's earnings.

09/05/2026

Business

U.S. Credit Card Debt Exceeds One Trillion Dollars Amid Rising Interest Rates

Americans' credit card debt has surpassed one trillion dollars, marking a 60% increase over the last five years. Higher interest rates are making repayment more difficult for many cardholders, contributing to a rise in payment delinquencies.

08/31/2026

Business

U.S. Stocks Retreat Further as Oil Prices Fluctuate Amid Middle East Uncertainty

U.S. stock markets moved further from recent record highs on Tuesday. Oil prices continued to fluctuate, influenced by ongoing geopolitical concerns in the Middle East and their potential impact on global supply.

08/31/2026

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