Energy markets faced renewed pressure this week as crude prices softened amid mixed signals on global demand and steady U.S. production. Benchmark West Texas Intermediate crude drifted lower, weighing on shares of major producers and oilfield services companies. Analysts cited cautious demand forecasts from Asia and Europe, along with stable output from U.S. shale basins, Read More…
Steve Daines praised the Trump administration’s decision to impose a 132.83% anti-dumping duty on Russian palladium imports, calling the move a critical step to protect Montana mining jobs and counter what he described as market manipulation by Moscow. The Commerce Department’s duty, enforceable upon publication in the Federal Register, is aimed at offsetting what U.S. Read More…
The War Department announced today that 25 vendors have been selected to compete in Phase I of the Drone Dominance Program (DDP), a sweeping acquisition reform initiative aimed at rapidly fielding low-cost, unmanned one-way attack drones at scale to strengthen America’s Arsenal of Freedom. The program reflects one of Secretary of War Pete Hegseth’s core Read More…
Montana’s unemployment rate rose slightly to 3.4 percent in December, extending the state’s streak of over four consecutive years with unemployment at or below that level, according to the Montana Department of Labor & Industry. The state’s jobless rate remains well below the national average of 4.4 percent, keeping Montana among the top ten states Read More…
Eli Lilly (LLY.N) hit a historic milestone on Friday, becoming the first pharmaceutical company to reach a $1 trillion market valuation, fueled by soaring demand for its weight-loss treatments. The achievement places Lilly in the rarefied ranks of U.S. companies with trillion-dollar valuations, a group historically dominated by tech giants like Apple, Microsoft, and Amazon. Read More…
Any business idea usually starts with an elevator pitch – a concise proposal delivered in the time it takes to ride an elevator. University of Montana students interested in entrepreneurship had the chance to perfect their elevator pitches during Griz Pitch, a competition that gave students 60 seconds to share their ideas in front of Read More…
Walt Disney Co. and Google’s YouTube TV have reached a new distribution agreement, ending weeks of disruptions that left millions of viewers without access to Disney-owned channels during major news and sporting events — including coverage surrounding U.S. Election Day. The dispute, which centered on carriage fees, resulted in the temporary removal of popular Disney Read More…
Some of Wall Street’s largest hedge funds reduced their exposure to high-flying “Magnificent Seven” stocks during the third quarter, according to newly released regulatory filings, while adding positions in application software, e-commerce, and payments companies. The group of tech giants — including Nvidia, Amazon, Alphabet, and Meta — has driven much of the market’s gains Read More…
Walmart Inc. (WMT.N) CEO Doug McMillon will retire next year after more than a decade leading the retail giant, capping a period during which he transformed the company into a technology-driven powerhouse. Under McMillon’s tenure, Walmart’s shares have consistently outperformed the broader market, analysts note. McMillon, 59, will be succeeded by John Furner, 51, who Read More…
(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…
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…
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…
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 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’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, 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…
The stock market wrapped up this week in a mood of cautious celebration as investors watched technology companies drive the rally. After a standout October, November opened with optimism and bullish forecasts for a strong finish to the year. The Nasdaq, S&P 500, and Dow Jones each posted weekly gains. Amazon delivered a blowout earnings Read More…
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 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…
Apple Inc. (NASDAQ: AAPL) is set to release its fiscal fourth-quarter 2025 earnings report on Thursday, October 30, after the market closes. Analysts are forecasting earnings per share (EPS) of $1.77 and revenue around $101.5 billion, driven largely by the successful launch of the iPhone 17 and continued growth in the company’s services division. The Read More…
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…
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…
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…
(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…
This week in the stock market was marked by a tug-of-war between optimism about rate cuts and caution sparked by strong economic data and political risk. Major indexes briefly flirted with new highs, but volatility crept back in as investors weighed mixed signals. Rally Fueled by AI Pushes Markets to Records Early in the week, Read More…
(The Center Square) – Texas led the U.S. in job growth over the year in August and broke employment records again last month, according to the latest employment data. Texas reported 14,347,700 total nonfarm jobs in August, adding 17,600 positions over the month and 195,600 jobs over the year. Texas’ annual nonfarm growth rate was Read More…
U.S. stocks surged this week, with all three major indexes closing at record highs after the Federal Reserve delivered its first interest rate cut of the year, fueling hopes that more easing is on the horizon. The Dow Jones Industrial Average pushed further into record territory, while the S&P 500 and Nasdaq Composite also notched Read More…
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 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…
Aspiring healthcare workers in Great Falls will have a new pathway to medical careers beginning September 2025 with the launch of the Great Falls Medical Assistant School, an 18-week program offering hands-on training, certifications, and externships at the Open Door Medical Clinic. The program, conveniently located at 2 5th St N #204, is designed to Read More…
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…
U.S. stocks slipped this week, closing out August on a mixed note as investors balanced encouraging inflation data, strong corporate earnings, and fresh trade developments against concerns of political and technological volatility. The S&P 500 finished the week down 0.1%, while the Dow Jones Industrial Average and Nasdaq Composite each shed about 0.2%. The Russell Read More…
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…
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…
exbase, Inc., a Bozeman-based retail data management software company, announced Monday the formation of an Advisory Board to guide its next phase of strategic growth. The company also named retail supply chain veteran Jack Keating as the board’s first member. Texbase said the Advisory Board will be composed of executives with deep retail and supply Read More…
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. (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…
Montana’s unemployment rate remained at 2.8% in July, marking the tenth consecutive month below 3% and extending a four-year stretch at or below 3.4%, according to state labor data released this week. The state continues to rank among the five lowest in the nation for unemployment, 1.4 percentage points below the national rate of 4.2%. Read More…
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…
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…
U.S. stocks closed the week within striking distance of all-time highs, buoyed by renewed expectations that the Federal Reserve will begin cutting interest rates in September and a flurry of upbeat corporate and economic news. The Dow Jones Industrial Average rose roughly 1% for the week, briefly touching a fresh intraday record on Friday before Read More…
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…
Eastman Kodak Co. is facing heightened scrutiny after its latest 10-Q filing flagged a “going concern” risk tied to more than $470 million in term loan and preferred stock obligations due within the next 12 months. The disclosure, while required under accounting rules, signals that the company’s existing cash position is insufficient to cover upcoming Read More…
(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…