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Woodlands Bank sponsors programs to teach youngsters about budgeting

The Pennsylvania Council on Financial Literacy, through Brighter Financial Futures, recently announced that due to the sponsorship of Woodlands Bank, all students in grades 3-12 can participate in the Spring Semester Personal Budgeting and Investing Challenges free of charge. “Through our hands-on simulations, students have fun while learning how to budget, pay monthly bills, spend wisely, build credit and invest in the market,” a news release said. “Students with the highest scores in the Personal Budgeting Challenge and the highest portfolio values in the Investing Challenge ...

Stock markets around world have rallied in 2023

NEW YORK (AP) — It’s been a great year for stock markets around the world. Wall Street’s rally has been front and center, with the U.S. stock market the world’s largest and its clear leader in performance in recent years. The S&P 500 is on track to return more than 20% for the third ...

State looking for truck parking solutions

(The Center Square) — Truck parking has been a thorny problem in Pennsylvania, and a PennDOT commission has almost two dozen ideas for how to improve it statewide. During a meeting of the State Transportation Advisory Committee on Thursday, recommendations include state incentives for ...

Credit card debt up compared to pre-COVID

(The Center Square) — Even with some pandemic-era payments that drove down consumer debt, Pennsylvanians are more in the red than before. Data compiled by the Independent Fiscal Office show that an 11% drop in credit card debt in 2020 “has completely reversed.” Significant growth in credit card debt in 2022 and 2023 has left residents more in debt and then some. “Balances are now 12.4% higher than pre-pandemic,” the IFO noted. Though economic impact payments helped drive down debt, the relief was only temporary. A February update noted that the bottom 25% of Americans ...

Camp Victory’s foundation names executive director

The Nicholas Wolff Wolff Foundation’s board of directors recently announced Kate Stepnick will be the foundation’s new executive director, effective April 1, 2024. Current Executive Director Jamie Huntley will stay on through March of 2024 to facilitate a smooth transition, a news ...

Report: State 26th on electricity affordability

(The Center Square) – Pennsylvania electricity costs are middle of the pack compared to other states, while the annual cost to consumers for gas is among the lowest and for diesel among the highest, a new report says. The findings are in this month’s release of the Energy Affordability ...