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Warsh Marks 100 Days as Fed Chairman With Break From Forward Guidance

In first Jackson Hole address as chairman, Fed chief cites AI's growing economic influence while calling elevated inflation the central bank's unfinished business JACKSON HOLE, Wyo. — The Federal Reserve's chairman used his first appearance at the central bank's annual Jackson Hole symposium to lay out a leaner approach to communicating future policy moves, while cautioning that inflation remains too high despite a resilient economy. Marking his 100th day in the role, the chairman told an audience of central bankers, […]

todayAugust 29, 2026 4

Montana

Brown Permanently Revokes License of Bail Bondsman Accused of Exploiting Clients

Montana's state auditor has permanently revoked the insurance producer license of a Kalispell bail bondsman accused of exploiting people under his supervision, including allegedly demanding sexual favors in exchange for reducing debts owed on bail bonds. State Auditor James Brown's office opened an investigation into Laine Kendall Callahan following a referral from the Montana Department of Justice. The inquiry found that Callahan had abused his authority as a surety bail bond producer in multiple ways, prompting Brown to suspend his […]

todayAugust 29, 2026 3

National

MINNEAPOLIS FED PAPER MODELS THE GAINS FROM OPENING GLOBAL CAPITAL MARKETS

Removing the barriers that keep capital inside national borders would raise welfare in the typical country by about 5.5% of labor income — and would concentrate economic activity among the world's largest firms while pushing smaller ones to contract, according to a working paper released by the Federal Reserve Bank of Minneapolis. The paper, by Loukas Karabarbounis of the University of Minnesota and the Minneapolis Fed, Bruno Pellegrino of Columbia Business School and Juliana Salomao of the University of Minnesota, […]

todayAugust 29, 2026 4

Montana

Knudsen, OCP Warn Montanans About Spoof Website Scams

Attorney General Austin Knudsen and the Montana Department of Justice's Office of Consumer Protection are warning Montanans about fraudsters creating spoof websites that look nearly identical to legitimate businesses in order to steal personal and financial information. The warning highlights two common schemes. In the first, scammers — primarily based overseas — post fake product listings on social media marketplaces. When a buyer reaches out, the scammer provides fraudulent documents and directs the victim to a fake website to wire […]

todayAugust 28, 2026 3

National

TIKTOK TO PAY $400 MILLION TO SETTLE CHILDREN’S PRIVACY SUIT

TikTok and its parent ByteDance agreed to pay $400 million to resolve Justice Department litigation alleging the video platform failed to comply with federal children's privacy law, one of the largest recoveries ever obtained under the statute. The company will pay $300 million immediately, according to the department. The remaining $100 million is contingent on a court entering an order vacating a prior consent decree against Musical.ly, TikTok's predecessor — an unusual structure that ties a substantial share of the […]

todayAugust 27, 2026 5

Montana

Teton Auto Group Expands Into Montana With Bozeman Dealership Acquisition

Idaho Falls-based Teton Auto Group has acquired Audi of Bozeman and Volkswagen of Bozeman, marking the family-owned auto retailer's first expansion into Montana and adding the Audi luxury brand to its portfolio for the first time. The transaction became effective August 10. The two Bozeman dealerships join Teton Auto Group as established, award-winning operations with a loyal customer base and experienced staff — a departure from many dealership acquisitions that require significant operational overhaul. "This acquisition is an exciting milestone […]

todayAugust 27, 2026 4

Regional

Kolb Named SVP of Risk and Compliance at Minneapolis Fed

The Federal Reserve Bank of Minneapolis Board of Directors has appointed Cara Kolb as senior vice president of Risk and Compliance, the bank announced. In her new role, Kolb will be responsible for ensuring bank staff effectively manage risks while rigorously complying with procedures and policies. She will also oversee functions related to data privacy and records management. Kolb joined the Federal Reserve System in 2004 and has held several leadership roles in Treasury Services and information technology at the […]

todayAugust 27, 2026 3

Montana

Montana State’s Robert Rath designs large-scale mural outside Shroyer Gym to celebrate athletic success

A new large-scale art installation celebrating Montana State University’s student-athletes is now on display for public viewing. The artwork is on the west-facing exterior of Shroyer Gym on the MSU campus, located between the Brick Breeden Fieldhouse and Jones Hall. It is viewable to passersby and those traveling in vehicles through campus on 11th Avenue and Lincoln Street. A new mural, designed and illustrated by Montana State University Co-Creative Director Robert Rath, depicts Montana State University NCAA sports on the side of Shroyer Gym in Bozeman, Mont. MSU photo by Colter Peterson Comprised of 15 […]

todayAugust 26, 2026 5

Regional

Armstrong Appoints Tony Hillig as North Dakota Parks and Recreation Director

Gov. Kelly Armstrong appointed Tony Hillig, recreation division chief for the North Dakota Parks and Recreation Department, as the agency's new director, effective immediately. Hillig has served as chief of the department's recreation division since December 2020, overseeing recreation grants, trail management, motorized recreation and safety programs statewide. He joined the department in 2019 as motorized recreation coordinator after a military career spanning more than 25 years in the U.S. Army, during which he served in senior command sergeant major […]

todayAugust 26, 2026 3