Recent federal tax reforms will provide added fuel to a steadily growing economy, but a tight labor market could limit long-term economic expansion, according to the chief economist for the American Bankers Association.
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Finance
S&T Bank appoints three new members to advisory board
S&T Bank last month announced the appointments of three new Central Pennsylvania advisory board members, all business leaders from the midstate.
Read More »Western Pa. bank NexTier expands to Central Pennsylvania
Looking to gain a foothold in Central Pennsylvania, a community bank from western Pennsylvania has hired a midstate native to open a Cumberland County lending office.
Read More »Second workers’ comp hike OKed
Pennsylvania employers face a small hike in workers' compensation premiums starting in April, the second increase this year in the cost of insuring against workplace injuries.
Read More »PeoplesBank CEO out
A. Dwight Utz, president and CEO of York Township-based PeoplesBank, ended his tenure with the company two years after taking the job.
Read More »Conrad Siegel goes for new brand
Two are now one at Conrad M. Siegel Inc.
Read More »PNC economist not rattled by recent stock swings
The stock market's recent pullback is not a sign of problems in the economy or that a recession looms around the corner, according to the chief economist at PNC Financial Services Group.
Read More »Bon-Ton files bankruptcy, weighs sale
Retailer The Bon-Ton Stores Inc. is turning to bankruptcy court to sort out its financial troubles, a process that the company acknowledged could include its sale.
Read More »Banks take hit in Q4 earnings
A quirk related to the new tax law cost more local banks in the fourth quarter of 2017.
Read More »PNC economist: Expect solid, balanced economy in 2018
The state of the U.S. economy is solid and likely to get stronger this year because of the new federal tax law, which will reduce taxes on corporate profits and start boosting paychecks for many Americans this month.
Read More »Study: Retirement savings shortfall crimping Pa. finances
Many Pennsylvania workers are saving too little for retirement and the shortfall could end up hurting the commonwealth's bottom line.
Read More »Laws hinder service to medical marijuana companies
Imagine running a cash-only business, where you had to pay employees, the landlord, vendors, utility companies and everyone else with wads of bills.
Read More »Advantage Bank bank hopes to seal first deal this year
Regulatory hurdles have pushed the merger of Advantage Bank in Lemoyne and The First National Bank of Lilly in Cambria County into late in the first quarter of this year at the earliest.
Read More »A Conversation With: Clair Finkenbinder III
Clair Finkenbinder III, 47, was appointed chief information officer and director of operation for Harrisburg-based Centric Financial Corp. in December.
Read More »Keystone Biofuels execs indicted on $4.1M tax fraud charges
The owners of a Cumberland County biofuel company allegedly claimed fraudulent tax refunds on a fuel tax credit program, according to a superseding indictment filed Wednesday in Pennsylvania's Middle District federal court.
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