As Washington debates sending checks to Americans and increasing the minimum wage, a new study offers evidence for how such policies could help eliminate poverty.
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Online shopping surge delivers record revenue for UPS
A surge in online shopping helped UPS post record revenue during the last three months of 2020, the company said Tuesday.
Read More »Amazon will pay $61.7 million to settle claims it withheld tips from delivery workers
Amazon will pay $61.7 million to settle allegations by the Federal Trade Commission that it failed to pay Flex delivery drivers the full amount of tips received from customers.
Read More »PaulB Hardware set to expand its footprint to Mechanicsburg by fall
“This has been a two-year process for us,” says Jim Hostetter, president PaulB Hardware, which will open its third store in Mechanicsburg this fall. PHOTO / SUSAN L. ANGSTADT
Read More »Peoples Security Bank to repurchase stock
Scranton-based Peoples Financial Services Corp., the holding company for Peoples Security Bank and Trust Co, which has branches throughout the Lehigh Valley, Poconos and Central Pennsylvania, has announced a stock repurchase plan.
Read More »U.S. factory activity cools amid COVID-19 flare-up
U.S. manufacturing activity slowed slightly in January, while a measure of prices paid by factories for raw materials and other inputs jumped to its highest level in nearly 10 years, strengthening expectations inflation will perk up this year.
Read More »CBO projects 4.6% growth in Biden’s first year, jobs lag
The U.S. economy is projected to grow at a robust 4.6% annual rate this year, but employment isn’t expected to return to pre-pandemic levels until 2024, the Congressional Budget Office said Monday.
Read More »Biden signs order to reopen Obamacare in 2 weeks
President Joe Biden signed a package of health care-related executive orders on Thursday that, among other initiatives, will reopen HealthCare.gov for a special, three-month enrollment period starting on Feb. 15.
Read More »Univest Financial opens first York County location
Univest Financial Corporation opened its first location in York County, a regional office providing comprehensive financial services to both business and consumer customers.
Read More »Op-Ed: Three dynamics impacting bank mergers and acquisitions in 2021
In 2020 banks took on new challenges, such as declining interest rates, in response to the COVID-19 pandemic, navigating the Paycheck Protection Program and working with community businesses to help them stay afloat in any way possible during government shutdowns and restrictions.
Read More »Analysis: GameStop saga may provide early test of Biden administration ethics pledges
Arguably the last thing new U.S. Treasury Secretary Janet Yellen wants to take up during her first days in office is a financial market imbroglio involving one of her last private sector business relationships.
Read More »Masks, social distancing and speed: Snowmobiles enjoy boom
The thrill of hurtling along a remote trail, coupled with Americans’ ongoing desire to get outside during the pandemic, is creating the biggest boom in more than two decades for the snowmobiling industry.
Read More »Kids could see lost earnings during their careers due to Covid lockdowns, British study predicts
Children could lose £40,000 ($54,897) in earnings over their lifetime as a result of missing half a year in school due to coronavirus lockdowns, a study has found.
Read More »Stress, delays, and confusion still plague jobless in Pennsylvania, and January brought little relief
“Trying to get a job without a vehicle in rural PA, it is scary. We just basically sold or traded everything we owned."
Read More »Anxiety grows as long-term care awaits COVID-19 vaccines
Frustration is building over the pace of COVID-19 vaccinations at long-term care sites, where some homes still await first shots while fending off a virus that can devastate their residents.
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