WASHINGTON, June 23 -- The Federal Reserve Bank of Minneapolis issued the following Beige Book on June 4, 2025: * * * Summary of Economic Activity Ninth District economic activity decreased slightly since the previous report. Employment was flat and wages grew moderately. Prices increased moderately overall, with greater pressure on inputs. Activity increased in manufacturing, and vehicle sales were up slightly. Consumer spending fell modestly. Construction fell slightly, while residential re  more

WASHINGTON, June 23 -- The Naval Sea Systems Command issued the following news: * * * Final Independence-Class Littoral Combat Ship Successfully Completes Acceptance Trials * MOBILE, Ala. - The U.S. Navy successfully completed acceptance trials for the future USS Pierre (LCS 38) at Austal USA in Mobile, Alabama the week of June 9. These trials, marking the final Independence variant LCS acceptance trials, achieved the highest measured quality in 15 years. This trial marks the final signifi  more