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Hiring, wage growth picked up in May in sign of sustained economic health

WASHINGTON (AP) — America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates. Last month’s sizable job gain suggests that the economy is still growing steadily, propelled by consumer spending on travel, entertainment and other services. U.S. airports, for example, reported near-record traffic over the Memorial Day weekend. A healthy job market typically drives consumer spending, the economy’s principal fuel. Though some recent signs ...

Inflation gauge rises — but at year’s slowest pace

WASHINGTON (AP) — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year. Friday’s report from the Commerce Department showed that an index that excludes volatile food ...

Financial abuse protections for elderly on state’s radar

(The Center Square) — Pennsylvania’s aging population means more residents will be at risk of elder abuse. That’s why lawmakers want to rework some rules to make it easier for banks to flag suspicious activity and alert law enforcement or trusted loved ones. Rep. Joe Hogan, R-Penndel, introduced House Bill 2064 to allow financial institutions to report and disclose some records to law enforcement and temporarily delay suspicious transactions that could be scams or financial exploitation. “This is a problem everywhere and I think states now are only starting to realize ...

Business hosts ‘Fourth Fridays’ in Muncy

“Today Farm is thrilled to announce the success of our inaugural Fourth Friday event,” a news release said. “This marks the first year that Today Farm is organizing and hosting the Fourth Friday events in Muncy, continuing a beloved tradition previously managed by Downtown Muncy ...

First-time home buyer help may be on the way

(The Center Square) – First-time home buyers in Pennsylvania may soon get help from the state government. Two bills cleared a joint House committee on Tuesday meant to make it easier for buyers just entering the market as record-high housing prices push the dream out of reach for ...

Clinton County to host networking event for students

Advance Central PA, a workforce development board serving nine counties, in partnership with the Clinton County Government announce a new student and industry networking opportunity taking place in June at the Piper Government Building in Lock Haven. Through the state Department of Labor and Industry’s Business Education Partnership grant, Advance Central PA aims to increase student, parent and educator awareness of local businesses and career opportunities in Central PA through deep dive networking events. According to a news release, Dinner and Dessert with Clinton County ...