Breaking News

New business Acorn and Iris welcomed in downtown IM

IRON MOUNTAIN — The Dickinson Area Chamber of Commerce recently welcomed Acorn and Iris to the business community with a ribbon-cutting ceremony at the store at 110 E. B St. in downtown Iron Mountain. Chamber ambassadors, community members and local business representatives gathered to ...

Canada PM Carney embraces EU associate membership proposal

STRASBOURG, France (AP) — Canadian Prime Minister Mark Carney on Thursday embraced the prospect of his country becoming the European Union’s first associate member, saying closer ties with the continent would ensure no country could control Canada’s markets or undermine its ...

Mortgage rates brush 7%, putting further strain on housing market

Home shoppers holding out for relief from rising mortgage rates may be in for a long wait. The weekly average rate on a 30-year fixed-rate home loan has been rising for months and this week climbed to just below 7% — its highest level in more than 19 months. The benchmark 30-year fixed ...

Stocks rally to their best day in six weeks

NEW YORK (AP) — The U.S. stock market rallied to its best day in six weeks Thursday after falling oil prices and easing pressure from the bond market helped Wall Street reverse many of its moves from the prior day. The S&P 500 jumped 1.1% for just its second rise in the last nine days. The ...

Unemployment claims drop to 196K, lowest since mid-July

WASHINGTON (AP) — The number of people applying for unemployment benefits dropped sharply last week, another sign that layoffs remain rare and most Americans enjoy job security. The Labor Department reported Thursday that jobless claims slid to 196,000, the fewest since mid-July and down ...