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Business News

Families at the heart of the fair

ESCANABA -- As I reflect on the 2025 U.P. State Fair, what stands out most are the families. All week long, I saw parents, grandparents and kids working side by side to make the fair possible. It was a beautiful reminder that the fair truly is, and always has been, a family affair. Our ...

UP State Bank’s CEO picked for state award

ESCANABA – Upper Peninsula State Bank President and CEO David Williams has been chosen for the 2025 Best of Community Banking Award by the Community Bankers of Michigan. Williams will be recognized at the CBM Annual Convention and Expo on Sept. 10-12 in Traverse City. Doug Ouellette, ...

41 Lumber marks 100 years

41 Lumber hosted a customer appreciation day Thursday at its location at 6669 N. U.S. 2/41 and M-35 in Escanaba to celebrate the company's 100th year. 41 Lumber is a full-service building material supply and project design service company. They were founded in 1925 by Edward A. Hammer and ...

Average rate on a 30-year mortgage drops to lowest level since October

The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing power that could help inject life into a stagnant housing market. The long-term rate fell to 6.58% from 6.63% last week, ...

Royalty selected at U.P. State Fair

ESCANABA — The 97th Annual U.P. State Fair opened on Monday, Aug. 11 with the Royalty Pageant, an annual event that showcases talent and beauty in a way that only the U.P. State Fair can — by awarding girls and young women who are involved personally in agriculture through exhibiting their ...

Retail sales rise a solid 0.5% in July

NEW YORK (AP) — Shoppers spent at a healthy pace in July, particularly at the nation's auto dealerships, as they appear to shrug off President Donald Trump's tariffs, which are starting to take a toll on jobs and lead to some price increases. Retail sales rose a solid 0.5% last month, and ...