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Muncy Bank names new office managers

Rob Glunk, president and CEO of The Muncy Bank and Trust Company, recently announced the promotion of two community office managers. Kevin Newman was promoted to associate vice president/Clarkstown community office manager and Stacey Wheeler was promoted to associate vice ...

Why US hiring could rebound faster than expected in coming years

WASHINGTON — Hiring has weakened for six straight months. Nearly 10 million jobs remain lost since the coronavirus struck. And this week, the Congressional Budget Office forecast that employment won’t regain its pre-pandemic level until 2024. And yet a hopeful view is gaining steam that as vaccinations reach a critical mass, perhaps around midyear, and the government provides further stimulus, the economy and the job market will strengthen much faster than they did after previous recessions. “I am not often optimistic,” said Heidi Shierholz, an economist at the liberal ...

Muncy Bank names new chief operations officer

Rob Glunk, president and CEO of The Muncy Bank and Trust Company recently announced that Stephanie Oakes has been named senior vice president/chief operations officer. With over 17 years in community banking, Oakes is responsible for the operation of the company’s deposit operations, IT, ...

Why GameStop’s stock surge is shaking Wall Street

NEW YORK — It’s not just you. What’s going on with GameStop’s stock doesn’t make sense to a lot of people. The struggling video game retailer’s stock has been making stupefying moves this month, wild enough to raise concerns from professional investors on Wall Street to the hallways of regulators and the White House in Washington. The frenzy hit new heights Thursday when several trading platforms limited their customers from making certain trades with GameStop. It’s all forcing hard questions about whether the stock market is in a dangerous bubble and whether a ...

Widespread internet outages hit northeast U.S.

Internet users across the northeast U.S. reported widespread outages Tuesday. Verizon reported a cut fiber in Brooklyn via Twitter, although it's not clear if that issue is responsible for the entire outage. The telecom giant didn't have any estimate when the problem spot would be ...