Business
The latest business news from Northwest Montana and beyond. In-depth coverage of local enterprises, economic trends, market updates, and entrepreneurial success stories.
US home sales flat in April as lackluster spring homebuying season lurches forward
Sales of previously occupied U.S. homes were essentially flat in April, another lackluster showing for the housing…
US inflation at new 40-year high as price increases spread
Consumer prices surged 8.6% last month from a year earlier, faster than April’s year-over-year increase of 8.3%, the Labor Department said Friday. The new inflation figure, the highest since 1981, will heighten pre…
Polson eyed for hydropowered crypto data center
Montana Gov. Greg Gianforte last week announced preliminary plans for a new cryptocurrency data center to be constructed in Polson, potentially in partnership …
Wellness retreat farm blends healing arts, medicinal herbs
SpiritWorks Trilogy has recently rebranded to incorporate three businesses: a wellness retreat, a healing arts practice, and a medicinal herb farm. The wellnes…
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Average long-term US mortgage rates edge down, still over 5%
Average long-term U.S. mortgage rates edged down slightly this week, though interest rates on the key 30-year home loan remain at decade-high levels. Mortgage …
Go-broke dates pushed back for Social Security, Medicare
The annual Social Security and Medicare trustees report released Thursday states that Social Security's trust fund will be unable to pay full benefits in 2035,…
Outdoor gear vending machine part of business goal to make wilderness adventure accessible
Known as The Wilderness Edge, the facility is essentially a giant vending machine for renting outdoor gear and purchasing meals. Right On Trek, the company beh…
As it marks its first year, health center acquires Sykes Pharmacy
The acquisition, effective June 1, comes as the health center celebrates its first anniversary as an independent organization. Last year the Flathead Community Health Center, which was a division of the Flathead Ci…
Flathead Business Watercooler
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Flathead Business Newsmakers
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CEO pay rose 17% in 2021 as profits soared
The typical compensation package for chief executives who run S&P 500 companies soared 17.1% last year, to a median $14.5 million, according to data analyzed for The Associated Press by Equilar.
With Indianapolis 500 at full throttle, business is booming
Merchants near the Indianapolis Motor Speedway are welcoming a return to full capactiy. Hotels are filling up. It's a challenge to keep merchandise in stock. R…
Worry about stagflation, a flashback to '70s, begins to grow
Stagflation is the bitterest of pills: High inflation mixes with a weak job market to cause a toxic brew that punishes consumers and befuddles economists. For …
Macy's raises annual profit outlook on strong Q1 results
The department store chain raised its annual earnings outlook even as surging inflation is crimping Americans' budgets. The results announced Thursday was among the few bright spots in a pile of reports from retail…