Mitten Brewing to open third location in Saugatuck
The Mitten Brewing Co of Grand Rapids plans a Saugatuck site at 329 Water St occupying Borrowed Time space. The project awaits licensing approvals after unanimous City Council support and aims to open June 1 with 12 taps and a “best of” food menu. Max Trierweiler and Chris Andrus will oversee operations adding about 10 staff.
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Fed raises key rate and sees two more hikes in 2018
The Federal Reserve boosted its target range to 1.5 to 1.75 percent and signaled two additional rate increases this year. It also plans to shrink its bond portfolio as it maintains a gradual tightening stance under new Chair Jerome Powell, with unanimous approval.
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Trump backs budget to fund border wall deal
President Trump endorsed a $1.3 trillion government funding bill after a White House meeting with House Speaker Paul Ryan. The plan provides a partial victory on border wall funding, following earlier doubts about supporting the measure.
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Bombing suspect in Austin blast blows himself up near police
Police closed in on Mark Anthony Conditt at a Pflugerville hotel after a three week bombing spree. He detonated a device as SWAT moved in, killing himself and leaving authorities unsure if others were involved. Conditt, 23, was tracked via surveillance, cellphone data and witness descriptions. Neighbors noted he was homeschooled and later attended Austin Community College but did not graduate.
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