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Ossian Hardware Announces Third Acquisition

Ossian Hardware Acquisition

Ossian Hardware announced the acquisition of Markle Hardware & Rental in Markle, Indiana. This acquisition expands Ossian Hardware’s operations to three home improvement and rental stores in Northeast Indiana. With 5,400 square feet of space, Markle Hardware & Rental has …

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Fed Cuts Interest Rates in Third Straight Meeting

Cut interest rates

The Federal Reserve cut interest rates for its third straight meeting, this time by 25 basis points to 4.25%-4.50%. It also issued projections calling for two quarter-point interest rate cuts in 2025 amid rising inflation. Members of the committee say …

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MANS Lumber Acquires Michigan Timber & Truss

MANS Lumber Acquires Michigan Timber & Truss

MANS Lumber & Home announced the acquisition of custom roof truss manufacturer Michigan Timber & Truss. The acquisition better positions MANS Lumber’s capabilities and allows the company to serve its growing customer base in the construction and building sectors. “By integrating …

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Millions to Shop on Super Saturday

Super Saturday Shopping

Around 157.2 million consumers plan to shop the last Saturday before Christmas, according to an annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. This estimate is up from 141.9 million shoppers last year, and …

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Building Material Prices Increase Year Over Year

Building materials prices

Prices for building materials for new residential construction, minus capital investment, labor and imports, increased 0.7% from 2023 this year. According to the Producer Price Index (PPI) from the U.S. Bureau of Labor Statistics, prices increased 0.3% in October but …

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