A new economic impact study reveals Kentucky's $10.6 billion bourbon industry continues to generate record tax revenue and jobs, yet confronts a sobering mix of production slowdowns, shifting consumer habits, and volatile export markets.
Amidst a turbulent period for craft distilling, the founders of Casey Jones Distillery in Hopkinsville, KY, have sold their bourbon and moonshine operation to Pennsylvania-based B3 Beverage Company, securing the legacy of a family-run business while joining a growing portfolio of craft breweries and distilleries.
Barrell Craft Spirits has sold a contract bottling plant in Jeffersontown, Kentucky, consolidating operations back to its Louisville site amid shifting consumer demand and a broader slowdown in the US whiskey category.
The sports betting giant is set to launch a cryptocurrency conversion feature for deposits in Illinois, Kentucky, New Hampshire, and Vermont. Massachusetts regulators, however, have blocked the move, citing unresolved concerns over the technology's readiness and consumer protection.
As Ford Motor Company takes a massive charge on its electric vehicle business, a bullish investment thesis is gaining traction, arguing the automaker's strategic shift toward hybrids and profitable segments could unlock long-term value.
A coalition of 22 state attorneys general is urging Congress to expand an investigation into potential ideological influence on the federal judiciary, citing concerns over a newly updated judicial reference manual they claim promotes a climate activist agenda.
Veteran Democratic strategist James Carville has named Illinois Governor JB Pritzker as his top potential contender for the party's 2028 presidential ticket, citing fundraising prowess and grassroots appeal.
McIlhenny Company, maker of Tabasco sauce, has sued Stoli Group USA, claiming the vodka giant's new 'Halapeño Pepper Vodka' unlawfully mimics the iconic hot sauce's packaging—a design initially proposed during failed partnership talks. The legal action intensifies as Tabasco launches its own competing spirit in collaboration with Absolut.
In a candid '60 Minutes' interview, Senator Rand Paul (R-Ky.) sharply criticized the Trump administration's handling of the fatal shooting of Alex Pretti, stating public trust has been irreparably damaged and questioning the impartiality of a federal investigation.
Shares of Uniti Group Inc. (UNIT) surged Friday, extending a three-day rally after the telecom infrastructure firm successfully raised $960 million through a novel securitization of its residential fiber assets, signaling strong investor appetite for its expansion strategy.
Initial unemployment filings in Missouri fell by nearly 25% last week, outpacing a modest national decline and contrasting with volatile swings in other states.
Initial unemployment filings in Washington fell slightly last week, even as national figures held steady and other states experienced sharp swings, according to the latest federal data.
Initial unemployment filings in Missouri fell by nearly 25% last week, a significant improvement that contrasts with mixed results seen in other states across the nation.
Drivers across the Midwest are feeling the pinch as regional gasoline prices rose for a second consecutive week, with the current average now sitting 9 cents higher than last month. While still below the national average, the steady increase signals potential pressure on household budgets.
Drivers across the Midwest are feeling another pinch at the pump as regional gasoline averages rose for a second consecutive week, now sitting just below the national average.
Weekly unemployment filings in New York state rose last week, contrasting with a slight national decline and highlighting regional economic disparities.
Despite significant operational downtime from recent hurricanes, Cavco Industries reports a 12.3% year-over-year revenue increase to $507.5 million for Q2 FY2025, driven by a 15.7% jump in homes shipped. The company remains optimistic on market recovery and announces an additional $100 million share repurchase authorization.
New unemployment filings in Wisconsin edged higher last week, contrasting with a slight national decline and highlighting regional economic disparities as labor market signals remain mixed.
New unemployment filings in Wisconsin edged higher last week, diverging from a slight national decline and highlighting ongoing labor market fluctuations across states.
Initial unemployment filings in Illinois fell last week, reflecting a modest improvement in local labor market conditions even as national numbers held steady.
