Featured Articles in Business

Chicago downtown office space vacancy rate jumps to record high levels

(The Center Square) – With Chicago’s downtown office vacancy rate now at a record-high 28%, Illinois Policy Institute researcher LyLena Estabine says city policymakers have become their own worse enemy when it comes to addressing the area’s changing demographics. New data shows Loop vacancies ballooned over the recent third quarter as post-pandemic work trends continue Read More…

Stocks Cool After Record Run as Investors Reassess Economic Signals

U.S. markets lost momentum this week as investors stepped back from recent highs, digesting mixed economic signals and growing uncertainty around the outlook for interest rates and growth. After several weeks of gains, the S&P 500 fell roughly 2.4% for the week, while the Nasdaq Composite dropped about 3%, its steepest decline since April. The Read More…

Class Action Lawsuit Filed Against Blue Cross Blue Shield of Montana Over Data Breach

A class action lawsuit has been filed against Blue Cross Blue Shield of Montana (BCBSMT) over a data breach that allegedly exposed the sensitive personal and medical information of hundreds of thousands of members. The filing comes as Montana State Auditor and Commissioner of Securities and Insurance James Brown launched a separate investigation into the Read More…

Retailers Scramble as U.S. Penny Phase-Out Forces Price Rounding

Now that the United States has officially stopped making pennies, a nationwide scramble is underway among gas stations, fast-food chains, and major retailers to adjust prices and handle cash transactions — a shift that could quietly erode profits for many high-volume businesses. The transition follows President Donald Trump’s decision earlier this year to halt production Read More…

All in: Business

Chicago downtown office space vacancy rate jumps to record high levels

(The Center Square) – With Chicago’s downtown office vacancy rate now at a record-high 28%, Illinois Policy Institute researcher LyLena Estabine says city policymakers have become their own worse enemy when it comes to addressing the area’s changing demographics. New data shows Loop vacancies ballooned over the recent third quarter as post-pandemic work trends continue Read More…

Stocks Cool After Record Run as Investors Reassess Economic Signals

U.S. markets lost momentum this week as investors stepped back from recent highs, digesting mixed economic signals and growing uncertainty around the outlook for interest rates and growth. After several weeks of gains, the S&P 500 fell roughly 2.4% for the week, while the Nasdaq Composite dropped about 3%, its steepest decline since April. The Read More…

Class Action Lawsuit Filed Against Blue Cross Blue Shield of Montana Over Data Breach

A class action lawsuit has been filed against Blue Cross Blue Shield of Montana (BCBSMT) over a data breach that allegedly exposed the sensitive personal and medical information of hundreds of thousands of members. The filing comes as Montana State Auditor and Commissioner of Securities and Insurance James Brown launched a separate investigation into the Read More…

Retailers Scramble as U.S. Penny Phase-Out Forces Price Rounding

Now that the United States has officially stopped making pennies, a nationwide scramble is underway among gas stations, fast-food chains, and major retailers to adjust prices and handle cash transactions — a shift that could quietly erode profits for many high-volume businesses. The transition follows President Donald Trump’s decision earlier this year to halt production Read More…

Bitcoin Heads for First October Loss Since 2018, Snapping Seven-Year Winning Streak

Bitcoin was on track Friday to post its first October loss in seven years, breaking a streak that had given the month a “lucky” reputation among cryptocurrency traders. The world’s largest digital currency is set to fall nearly 5% for the month, trading around $66,800 Friday afternoon, as investors pulled back from risk assets amid Read More…

Montana manufacturing outpaces most other sectors, generating $2 billion in wages

Montana’s manufacturing sector remains a cornerstone of the state’s economy, according to three reports on the state of manufacturing recently released by the Montana Manufacturing Extension Center at Montana State University and authored by the Bureau of Business and Economic Research at the University of Montana. The manufacturing sector generated more than $2 billion in Read More…

Dakota Foundry Named One of America’s Top 100 Small Businesses by U.S. Chamber of Commerce

Dakota Foundry, a vertically integrated grey and ductile iron foundry, has been named one of the U.S. Chamber of Commerce “CO—100 Top 100 Small Businesses in America”, a national recognition that highlights the company’s innovation, craftsmanship, and impact on American manufacturing. The CO—100 designation honors small businesses demonstrating exceptional innovation and influence across the country. Read More…

Fed Cuts Rates Again, But Powell Warns the Easing Cycle May Be Near Its End

The Federal Reserve delivered a widely anticipated quarter-point rate cut this week, lowering its benchmark federal funds rate to a range of 3.75% to 4.00%, its second reduction of the year. But despite the move, Chair Jerome Powell sent a clear message to markets: don’t expect a rapid march toward lower borrowing costs. The decision Read More…

Nvidia’s Q3 2025 Earnings Report: Anticipating Continued Growth Amid AI Demand

Nvidia Corporation (NASDAQ: NVDA) is preparing to release its third-quarter 2025 earnings report on Wednesday, November 19, after the market closes, with investors and analysts closely watching for insights into the company’s continued growth in artificial intelligence (AI) technology. Analysts are forecasting earnings per share (EPS) of $1.24, up from $0.81 in the same quarter Read More…

Netflix Prepares to Report Q3 Earnings as Investors Focus on Growth and Ad Revenue

Netflix is set to release its third-quarter 2025 earnings report on Tuesday, October 21, a closely watched event for investors looking to gauge the streaming giant’s growth trajectory, profitability, and performance in international markets. The company enters the report after a strong second quarter, when it posted $7.19 per share on revenue of $11.08 billion, modestly Read More…

Wall Street Closes Out Strong Week Despite Bank Jitters and Policy Uncertainty

U.S. stocks finished higher last week, capping the market’s best weekly performance in nearly two months as major indexes rebounded from early volatility and investors found renewed optimism in technology and easing trade tensions. The S&P 500 rose roughly 1.3% for the week, while the Dow Jones Industrial Average and Nasdaq Composite also advanced, helped Read More…

Gianforte, Montana Chamber to Host Energy Summit in Bozeman

Governor Greg Gianforte and the Montana Chamber of Commerce will host the 2nd Annual Big Sky, Bright Future Economic Summit on Thursday, October 16, in Bozeman, bringing together business leaders, policymakers, and energy experts to focus on the theme of unleashing American-made energy in Montana. “With rising demand on our energy grid, Montana must continue Read More…

Department of Energy returning $13B climate agenda funding to taxpayers

(The Center Square) – The U.S. Department of Energy will be returning to American taxpayers $13 billion in “unobligated wasteful spending” that was originally intended for former President Joe Biden’s climate agenda. In response, Larry Behrens from Power the Future told The Center Square that “by returning $13 billion, the Department of Energy under President Read More…

Rural community leaders invited to Montana State’s Reimagining Rural Roadshow

The Reimagining Rural program, an initiative of Montana State University Extension, will host the second annual Reimagining Rural Roadshow Oct. 1-2 in Glasgow. Designed as a one-stop connection point, the roadshow brings state and regional resource providers together with rural community leaders in a rural setting. Launched in 2019, Reimagining Rural is dedicated to providing Read More…

Governor Gianforte Welcomes Rivian as First Electric Vehicle Manufacturer in Montana

Governor Greg Gianforte joined Rivian officials and community leaders in Belgrade this week to celebrate the opening of the company’s new 20,000-square-foot service and demo center, marking Rivian as the first electric vehicle manufacturer to invest in Montana. “It’s great to welcome Rivian to Montana as the first electric vehicle manufacturer to invest in our Read More…

Warren Buffett Marks 95th Birthday With Reflection on Legacy, Berkshire’s Future

Warren Buffett, the legendary investor known as the “Oracle of Omaha,” celebrated his 95th birthday Tuesday in typically understated fashion, surrounded by close family and friends in his hometown. Buffett, chairman and chief executive of Berkshire Hathaway, has long avoided lavish celebrations. Instead, those close to him said the billionaire spent the day with a Read More…

New business-focused hospitality degree to help Montana tourism industry

Starting this fall, Montana State University students will see increased career opportunities due to a revamp of the hospitality degree program. Students pursuing a bachelor’s degree in hospitality management will now have two paths to choose from: a business-specific concentration from MSU’s Jake Jabs College of Business and Entrepreneurship or a sustainable food systems-focused concentration Read More…

Gianforte Welcomes Semiconductor Firm to Montana

Gov. Greg Gianforte on Monday marked the opening of Eshylon Scientific’s new facility in Bozeman, cutting the ribbon on the semiconductor manufacturing solutions company’s relocation from California to Montana. The governor toured the site and highlighted the investment as part of Montana’s growing technology and semiconductor industry. “Montana is becoming a hub for entrepreneurship and Read More…

Montana Commerce Department Launches New Loan Program for Rural Businesses

The Montana Department of Commerce announced Monday that a new loan participation program aimed at expanding access to capital for rural businesses will open for applications on Oct. 1, 2025. The Opportunities in Rural Economies (ORE) Loan Participation Program will partner with local lenders to provide low-interest loans for projects that support job creation, strengthen Read More…

Black Hills Corp. and NorthWestern Energy Announce All-Stock Merger

Black Hills Corp. (NYSE: BKH) and NorthWestern Energy Group, Inc. (Nasdaq: NWE) said  their boards of directors have unanimously approved a definitive agreement to combine in an all-stock, tax-free merger. The deal will create a regulated electric and natural gas utility company with an estimated market capitalization of $7.8 billion and an enterprise value of Read More…

After completing innovation and management graduate program, Montana State alumnus launches food-focused startup

With bachelor’s and master’s degrees now under his belt, Montana State University alumnus Quinn Holland’s advice to current students is still what drives him every day. “Relentlessly chase what excites you in life. If there is something that you are curious about, chase it until the end of the earth and until you’re satisfied with Read More…

Trump Administration Sees Trillions in New U.S. Manufacturing Investments

Since President Donald J. Trump took office, U.S. manufacturing, production, and innovation have seen a surge in domestic investment, with corporations and foreign entities pledging trillions of dollars to expand operations on American soil. Major technology, automotive, pharmaceutical, and industrial companies have announced multi-billion-dollar investments in the United States during President Trump’s second term. Highlights Read More…

Lee Enterprises to Pay $9.5 Million in Privacy Case, Faces New Employee Class-Action Lawsuits

Lee Enterprises, the Iowa-based newspaper chain that owns hundreds of publications in 25 states, including several in Montana, has agreed to pay $9.5 million to settle a subscriber privacy lawsuit — even as it confronts fresh legal troubles from a February 2025 cyberattack that allegedly exposed the personal information of thousands of employees. Three new Read More…

1M homes to be powered by Montana coal mine expansion

(The Center Square) – The U.S. Department of the Interior on Tuesday approved expansion of coal mining in Montana, marking the second largest coal expansion since President Donald Trump took office in January as 33.75 million tons of federal coal will be recovered, 300 jobs ensured, and a million homes powered by the decision. The Read More…

Montana Maintains Near-Record Low Unemployment

Montana’s unemployment rate held steady at a remarkably low 2.8% in June, marking the ninth consecutive month below 3% and extending a historic run of four straight years with unemployment at or below 3.4%, according to Governor Greg Gianforte. “With more Montanans working now than ever before and historically low unemployment, we’re seeing the results Read More…

Small Business Sentiment Surges as “One Big Beautiful Bill” Takes Effect

Small business owners across the nation are showing renewed confidence in the economy, according to CNBC’s latest Small Business Survey, coinciding with the implementation of President Donald J. Trump’s landmark One Big Beautiful Bill and his broader pro-growth policies. The survey reveals a significant upswing in optimism: Nearly half of small business owners now rate Read More…