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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 ...

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 June spending was stronger than expected, according to the Commerce Department's report released Friday. June's retail sales were revised upward to 0.9%, from a 0.6% increase, the agency said. The pace in July matched economists' estimates. The increases followed two consecutive months of spending ...

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, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.49%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also fell. The average rate dropped to 5.71% from 5.75% last week. A year ago, it was 5.66%, Freddie Mac said. Elevated ...

Column: 2025 U.P. State Fair set for August 11–17

ESCANABA — The Upper Peninsula State Fair is gearing up for another exciting year, bringing together families, businesses, and visitors from across the region for a week of celebration, culture, and community to Escanaba. The beloved tradition for residents and visitors alike, the fair will ...

Americans could invest in cryptocurrency through 401k accounts

NEW YORK (AP) — Millions of Americans saving for retirement through 401(k) accounts could have the option of putting their money in higher-risk private equity and cryptocurrency investments, according to an executive order signed Thursday by President Donald Trump that could give those financial players long-sought access to a pool of funds worth trillions. There is no immediate change in how people invest part of their work earnings. Federal agencies would need to rewrite rules and regulations to allow the expanded choices, and that would take months or more to complete. But once ...