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Stocks drop after a weak update on the US job market

Business

NEW YORK (AP) — Oil shot to its highest price since 2023 after surging again Friday because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street's worst week since October. The S&P 500 dropped 1.3% after a report showed U.S. employers cut ...

Average mortgage rate ticks up, ending a three-week slide

Business

The average long-term U.S. mortgage rate came off its lowest level in three and a half years this week, as bond yields marched higher following a spike in oil prices due to the war with Iran. The benchmark 30-year fixed rate mortgage rate ticked up to 6% from 5.98% last week, mortgage buyer ...

Wisconsin man who killed parents gets life in prison

Wisconsin News

WAUKESHA, Wis. (AP) — A Wisconsin teenager who killed his parents and stole their money to fund his plan to kill President Donald Trump with a bomb dropped from a drone was sentenced to life in prison on Thursday. Nikita Casap, 18, pleaded guilty in January to two counts of first-degree ...

Dickinson’s marijuana tax share down $17K for year

Local News

Dickinson County’s share of Michigan adult-use marijuana tax distributions will drop to $216,068 this year, down by nearly $17,000, while Iron Mountain’s share will dip by $8,423 to $108,034. The city of Norway will also receive $108,034. The amount that each eligible municipality, county ...

Marijuana tax payouts dip in Michigan amid sales slump

Local News

(This story was originally published by Bridge Michigan, a nonprofit and nonpartisan news organization. Visit the newsroom online: bridgemi.com.) Michigan is once again sending millions of dollars in marijuana tax revenue back to local communities — though this year’s payout is slightly ...