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Business

Average US long-term mortgage rate ticks down to 6.18%

WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked down modestly this week, remaining in the same narrow range of the past two months. The average long-term mortgage rate fell to 6.18% from 6.21% last week, mortgage buyer Freddie Mac said Wednesday. A year ago, the rate ...

US consumers drive strongest economic expansion in 2 years

WASHINGTON (AP) — The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, driven by consumers who continue to spend in the face of ongoing inflation. U.S. gross domestic product from July through September — the ...

New gift box service in IR highlights UP region

IRON RIVER — When Kalee Hernandez of Iron River launched her Upper Peninsula-inspired charcuterie gift box service, CharYooperie, in early December, she had no idea it would take off the way it has. "What started as a small idea has exploded into something the U.P. community has embraced ...

Ribbon-cutting for expansion at Grayson & Co. Jewelers

IRON MOUNTAIN — The Dickinson Area Chamber of Commerce had a ribbon-cutting ceremony for Grayson & Co. Jewelers to mark the store's recent showroom expansion. Catie Schultz opened Grayson & Co. Jewelers in July 2012 after more than a decade working at Michael’s Fine Jewelry in ...