US Federal Reserve Board Chairman Jerome Powell.Anna Moneymaker/Getty Images US stocks rose to fresh records Wednesday as traders took in cool inflation and Fed comments. Inflation was cooler than expected and the Fed nodded to “modest” progress that’ been made. The S&P 500 closed above 5,400 for the first time, US stocks rose on Wednesday as […]
Editor: “Berks on wrong track with its juvenile detention plan” (Reading Eagle, May 30) contained inaccuracies that must be addressed. The letter correctly states that Berms County has issued an emergency declaration regarding juvenile detention capacity and is working toward repairing the damage caused by a burst water pipe in the Community Reentry Center in […]
Michael Nagle/Getty US stocks edged up on Monday as investors prep for inflation data this week. Equities tumbled last week as markets readjusted interest rate expectations. Bond yields continued to climb to start the week as traders see smaller odds of a June rate cut. US stocks rose slightly ob Monday as investors tried to […]
Mar. 23—Is it possible that blue collar Kentucky workers could finally be reaching a turning point in the long slide in their standard of living? If so, history may credit the victories in the now-ratified new contracts of the United Auto Workers (UAW) and the Teamsters. After decades of stagnant wages and eroding job quality, […]
Dec. 23—GREENSBURG — The holiday season, for me, is a time for remembering the past. I grow misty-eyed when the “Christmas Spirit” catches me, and I think back to the days when Mark (my younger brother) and I were riding our bicycles around the neighborhood. Childhood was a very magical time, thanks to my parents. […]