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Employers add 339,000 jobs in May

WASHINGTON (AP) — The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool. Friday’s report from the government showed that the unemployment ...

Financial literacy enters classrooms

Ligonier Valley financial literacy teacher Martin Hickey often hears from students about how his classes have impacted their lives, but one response from a former pupil sticks with him. “One of the kids I had in my class, I happened to see him in the street … and he goes, ‘Thank you ...

RE/MAX West Branch salutes local Realtor

RE/MAX West Branch, a residential and commercial real estate brokerage, recently announce that John Brindger, a commercial specialist with its office, has been recognized by RE/MAX as one of the Top Agents in the United States and the World. According to a news release, Brindger has been ...

Boscov’s continues to thrive

Filing for Chapter 11 bankruptcy often means the end for a company. A good example is the former Bon-Ton store at the Colonial Park Mall in Lower Paxton Township – its sign still on the building – the last reminder of the former department store chain. But bankruptcy isn’t always the ...

Report: Woolrich Outlet store to close

WOOLRICH — It appears the Woolrich Outlet Store in the vaunted Clinton County village where the iconic company was founded is closing for good. The company has announced a “liquidation sale” May 19 through May 21. “Over the years, Woolrich has enjoyed the relationships with our ...

What you need to know about bank failures

NEW YORK (AP) — Recent turmoil in the banking industry may have you worried about your money. Shares of PacWest, a small regional bank based in Los Angeles, plunged almost 40% Thursday after the company confirmed it may put itself up for sale. Anxiety over potential bank runs has sent shares of smaller banks tumbling. A bank run is when large numbers of people withdraw their money from a bank all at once. Since March, three regional banks have failed — Silicon Valley Bank, Signature Bank and First Republic Bank. If the recent bank collapses have you worried about the safety of ...