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State House passes tax deduction for homebuyers

(The Center Square) - In the hopes of increasing odds for homeownership in the commonwealth, the House moved forward a bill that would establish a first-time homebuyer savings account Monday. The bill would designate a specific type of savings account into which individuals can deposit tax-deductible funds with the express purpose of saving for a first home. Rep Ryan Bizarro, D-Erie, wrote in support of the bill, “It is estimated that this type of savings account program in Pennsylvania could result in an annual increase of up to 4,000 home purchases within the state.” “The ...

Walmart is the latest retailer to announce price hikes

NEW YORK (AP) — Volley after volley of tariffs — and at times on-again, off-again trade actions — have put companies around the world on edge. And a handful of major retailers have already raised prices across the U.S., or warned of future hikes. President Donald Trump has slapped ...

Williamsport-based aluminum manufacturer wins state award

Recently, the Pennsylvania Workforce Development Association announced that nine local employers and organizations were recipients of the Governor’s Employer Award for Achievement — including Chance Aluminum Corp. of Williamsport. According to a news release, the awardees were honored ...

Susquehanna Community Bank merging into Citizens & Northern

Citizens & Northern Corp., headquartered in Wellsboro, and Susquehanna Community Financial Inc., headquartered in West Milton, recently announced that both companies’ boards of directors have unanimously approved an agreement and plan of merger. Citizens & Northern Corp. is the bank holding company for Citizens & Northern Bank, which operates 28 banking offices and one loan production office in Pennsylvania and New York. As of March 31, C&N had consolidated assets of $2.6 billion. Susquehanna Community Financial Inc. is the financial holding company for Susquehanna Community Bank, ...

What customers can expect as Rite Aid closes or sells all its drugstores

Rite Aid customers can expect their local store to close or change ownership in the next few months, as the struggling drugstore chain goes through another bankruptcy filing. The company plans to sell customer prescription files, inventory and other assets as it closes distribution centers ...

Flemington dance studio celebrates 35-year milestone

FLEMINGTON — While most teenagers were worrying about homework or who would ask them to their high school dance, Rachael Bischof was already learning to run her own dance studio. Three and a half decades later, Rachael’s Dance Unlimited in Flemington is a thriving, award-winning studio ...