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Business

Swanson of 41 Lumber makes journal’s 40 Under 40 list

QUINNESEC — Tania Swanson, marketing manager for 41 Lumber, has been named to LBM Journal’s 2026 40 Under 40, recognizing emerging leaders who are helping shape the future of the lumber and building materials industry. Selected from more than 150 nominations submitted from across the ...

Menards having local food drive through June, July

ESCANABA/MARQUETTE — Menards home improvement stores are now serving as a drop site for local food pantries in June and July. “We’re excited to participate in this wonderful opportunity while lending a helping hand to the community,” the company stated in a news release. Menards ...

Mortgage rate eases from highest level in 9 months

The average long-term U.S. mortgage rate eased this week from its highest level in nine months, welcome relief for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to 6.48% from 6.53% last week, mortgage buyer Freddie Mac said Thursday. The average rate remains ...

Strong jobs report boosts odds for higher interest rates

The U.S. stock market had its worst day since October Friday as a sell-off in big technology companies weighed down the broader market and a strong jobs report boosted expectations that the Federal Reserve will be forced to hike interest rates at some point this year. The S&P 500 sank ...