Local Business
08/22/2026 · Mandan
BP Reports $5.7 Billion Profit Amid Rising Oil Prices
BP announced a $5.7 billion profit, marking its highest quarterly earnings since 2022. The company attributed the result to elevated crude oil prices. Environmental groups expressed concern regarding the profits.
Oil Prices Decline Following Strait of Hormuz Reopening Progress
Oil prices decreased on Monday after US officials indicated progress in talks to reopen the Strait of Hormuz. Secretary of State Marco Rubio and Treasury Secretary Scott Bessent confirmed the advancements, suggesting a potential resumption of shipments through the vital waterway.
08/22/2026
Egan-Jones Report Details AI's Influence on Industries and Investment Risk
Egan-Jones released an analysis detailing how artificial intelligence and autonomous technologies reshape industries. The report outlines challenges to existing business models and new considerations for institutional investors and risk management.
08/22/2026
SK Group and NVIDIA Expand AI Partnership, Including Memory and Data Centers
SK Group and NVIDIA have announced an expanded strategic partnership focusing on artificial intelligence. The initiative includes SK Telecom's AI Factory, with plans for up to 2 gigawatts of power, and SK hynix's role as a long-term AI memory supplier.
08/22/2026
BP Reports $5.7 Billion Profit Amid Rising Oil Prices
BP announced a $5.7 billion profit, marking its highest quarterly earnings since 2022. The company attributed the result to elevated crude oil prices. Environmental groups expressed concern regarding the profits.
08/22/2026
Oil Prices Decline Following Strait of Hormuz Reopening Progress
Oil prices decreased on Monday after US officials indicated progress in talks to reopen the Strait of Hormuz. Secretary of State Marco Rubio and Treasury Secretary Scott Bessent confirmed the advancements, suggesting a potential resumption of shipments through the vital waterway.
08/22/2026
Egan-Jones Report Details AI's Influence on Industries and Investment Risk
Egan-Jones released an analysis detailing how artificial intelligence and autonomous technologies reshape industries. The report outlines challenges to existing business models and new considerations for institutional investors and risk management.
08/22/2026
Analysts Project Limited Impact on Beef Prices from Proposed Policy
A recent proposal aimed at the beef industry may not significantly reduce hamburger prices, according to experts. Analysts state that several factors contribute to current beef costs. The plan comes weeks before midterm elections, where food prices are a prominent voter concern.
08/22/2026
Domestic Energy Bills Projected to Continue Rise, Government Faces Pressure
Government officials are facing increased scrutiny as forecasts indicate a continued upward trend in domestic energy prices. Consumers and advocacy groups anticipate further financial strain.
08/22/2026
Iran and Oman Discuss Strait of Hormuz Shipping Plan
Iran and Oman are in discussions regarding a temporary plan to reopen the Strait of Hormuz to shipping. Tehran has conditioned any agreement on the lifting of U.S. sanctions.
08/22/2026
US, Canada Weigh Tariff Reductions Amid Trade Tensions
Officials from the United States and Canada are exploring options to reduce current trade tariffs. This follows recent actions by both nations impacting specific imports and exports. The outcome of these discussions remains undetermined.
08/22/2026
U.S. Consumer Confidence Declines Amid Higher Gas Prices
U.S. consumer confidence decreased in August, reaching its lowest level in seven months. The Conference Board reported this dip, which coincided with sustained gasoline prices above $4 per gallon.
08/22/2026
Canadian Trade Minister Emphasizes Bilateral Trade Deal Benefits
Canadian Trade Representative Dominic LeBlanc stated a trade agreement between Canada and the United States would benefit both nations. He made the remarks during a discussion on current trade relations.
08/22/2026
Canada Imposes Tariffs on U.S. Goods Amid Trade Dispute
Canada announced new tariffs on various U.S. products, responding to earlier U.S. trade measures. This action follows the breakdown of bilateral trade discussions.
08/22/2026
U.S.-Canada Trade Relations Discussed by Michigan Congresswoman
Congresswoman Debbie Dingell of Michigan spoke on the trade dynamics between the United States and Canada. She provided insights into the ongoing trade situation.
08/22/2026
Canada Imposes Tariffs on U.S. Goods Amid Trade Dispute
Canada has implemented tariffs on a range of products imported from the United States. This action follows discussions from U.S. President Donald Trump about potentially increasing tariffs against Canada.
08/22/2026
U.S., Canada Implement Tariffs Amid Trade Discussions
The United States and Canada have implemented tariffs on a range of imported products. This action follows disagreements during trade negotiations concerning steel and aluminum.
08/22/2026
Canada's Economic Options in Trade Dispute with United States
Canada, which sends approximately 70% of its goods to the United States, possesses several economic tools in trade disputes. These include tariffs on key U.S. industries and targeting specific U.S. states. Economic observers outline the potential impact of such measures.
08/22/2026
Global Government Debt Yields Rise
Yields on long-term government debt in major global economies, including the United States, United Kingdom, Germany, and Japan, have recently risen. This shift reflects changes in investor expectations.
08/22/2026
U.S., Canada Conduct Negotiations Over Potential Tariffs
United States and Canadian officials are engaged in negotiations. These talks aim to prevent the imposition of 50% tariffs on Canadian products. The potential tariffs would apply to $20 billion worth of goods.
08/22/2026
Canadian Prime Minister Responds to U.S. Tariffs
Canadian Prime Minister Mark Carney announced Canada's intention to match U.S. tariffs on a 'dollar for dollar' basis. This statement follows the imposition of tariffs by the United States.
08/22/2026
US, Canada Leaders Address Auto Tariffs, Trade Talks
A top Canadian official commented on potential US auto tariffs, stating that talks would resume if the US approached discussions with a specific attitude. US President Donald Trump had previously referenced possible tariff increases on imported automobiles.
08/22/2026
Some US Restaurants Eliminate Tipping, Adopt Service Charges
A growing number of US restaurants are moving away from traditional tipping systems. These establishments are instead incorporating service charges or increasing menu prices to cover staff wages.
08/22/2026
U.S. Trade Representative Testifies Amid Tariff Discussions
U.S. Trade Representative Jamieson Greer is testifying today, offering insight into the Trump administration's trade policy. This comes after President Trump announced new tariffs on Canadian products. Canada and the U.S. have agreed to intensify trade negotiations.
08/22/2026
Economic Indicators Offer Varied Perspectives on Consumer Spending, Inflation
New economic data provided insights into inflation, consumer credit, and household spending habits. Reports indicated a deceleration in inflation and a rise in credit card balances. Consumer spending showed divergence among income brackets.
08/22/2026
Apprenticeships Combine Training and Paid Work
Apprenticeships offer a structured path where individuals gain practical work experience and receive formal training. Employers pay apprentices wages for their contributions. This model integrates learning directly into the workplace.
08/22/2026
Russian Grain Terminals Reportedly Damaged in Black Sea Attack
Russian grain export facilities in the Black Sea reportedly sustained damage after Ukrainian forces launched an attack. This incident follows similar reports of damage to Ukrainian port infrastructure. Both nations' grain exports have declined amid ongoing hostilities.
08/22/2026
Inflation Rate Slows as Gas Prices Decline
Inflation showed a modest decline last month, primarily due to falling gas prices. This change may reduce pressure on the Federal Reserve regarding interest rate increases. Nevertheless, overall costs still outpace average wage growth.
08/22/2026
Main Street Businesses Shift from Retail to Services in U.S. Towns
U.S. Main Streets are experiencing a significant shift as service-oriented businesses replace traditional retail stores. Gyms, salons, and dessert shops now increasingly occupy commercial spaces previously held by other retailers.
08/22/2026
Mortgage Regulation Shifts for First-Time Homebuyers
Recent adjustments in mortgage regulations may enable more first-time buyers to secure home loans. These changes could expand access to the housing market for specific individuals. However, experts note associated risks.
08/22/2026