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Microsoft’s best day since 2008 leads stocks

NEW YORK — A monster day for Microsoft’s stock following signals that its big spending on AI is translating into profits led a powerful rebound on Wall Street Thursday, while computer-chip companies regained some of their sharp recent losses. In the bond market, though, worries remained ...

Briefcase: Penn Highlands pharmacy accredited

Penn Highlands Specialty Pharmacy has achieved a major milestone by earning dual accreditation from URAC and the Accreditation Commission for Health Care. This prestigious double recognition demonstrates Penn Highlands Specialty Pharmacy’s commitment to the highest standards of quality care, performance, patient safety and operational excellence. Penn Highlands Specialty Pharmacy, located in DuBois, is a state-licensed pharmacy that provides medications for people with complex medical conditions, such as cancer, autoimmune disorders and other specialty conditions. By meeting the ...

Ticker: US economy grows at a sluggish 1.5 percent

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve’s favored measure of inflation grew more slowly last month, but remained above the central bank’s 2% target. The Commerce Department reported Thursday that growth in U.S. gross domestic product — the nation’s output of goods and services — decelerated from 2.1% in the first three months of 2026 and came in below economists’ expectations. Mortgage rate rises to highest level in a year The average long-term U.S. ...

Briefcase: Local businesses recognized by Pennsylvania Chamber Foundation

HARRISBURG Local businesses recognized The Pennsylvania Chamber Foundation announced the recipients of its 2026 “Greatest Places to Intern in PA” awards, recognizing organizations across the Commonwealth that provide exceptional internship experiences and help prepare students for successful careers. High-quality internships give students the opportunity to apply classroom knowledge, develop professional skills and explore career pathways while helping employers connect with future talent. Included among those recognized are: Sheetz Inc., 84 Lumber Company, Fulton Bank, Leonard ...

Musk’s xAI sues Minnesota over ban on ‘nudification’

Elon Musk’s company xAI has sued Minnesota over the state’s first-in-the-nation law that bans “nudification” technology on websites and apps, potentially providing a test for how far states can go in constitutionally regulating the use of artificial intelligence. Musk’s company sued Monday in federal court, days before the law is set to take effect Saturday and make Minnesota the first state to try to outlaw the increasingly proliferating technology that lets people use AI to to create fake nude images of real people. The law was signed in May. In the 38-page lawsuit, xAI — ...

Wisconsin anti-union law restored

A Wisconsin appeals court on Wednesday restored a 2011 anti-union law that abolished collective bargaining rights, in a setback for unions and public workers. Unions are expected to appeal, sending the case to the Wisconsin Supreme Court, which is controlled by liberal justices. The 2024 ruling striking down the law as unconstitutional had been on hold pending appeal, so Wednesday’s reversal does not change the status quo. The law remains in effect, as it has been the past 15 years, as the legal fight continues. Enactment of a 2011 anti-union state law, championed by Republicans, ...