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US stocks edge down from their record after oil climbs

NEW YORK — The U.S. stock market edged down from its all-time high on Monday, while oil prices rose on uncertainty about when the Strait of Hormuz could reopen and get the global flow of crude going again. The S&P 500 slipped 0.1% from its record set on Friday. The Dow Jones Industrial ...

Buffalo Wild Wings under construction

A Buffalo Wild Wings restaurant is now under construction behind the Holiday Inn Express next to the AMC Theatre complex off of Convention Center Boulevard in Allegheny Township. MacKenzie Caron, Blair County Planning Commission regional planner, said BWW did not have to submit development plans for the project. According to Caron, the independent restaurant was already accounted for back when the Convention Center Commons land development plan was submitted in 2013. The Convention Center Commons plan included the movie theater with attached shops and the hotel — these two have ...

Taylor Farms recalls jalapeno products

Taylor Fresh Foods, parent company of Taylor Farms, is voluntarily recalling some products that include jalapenos because of worries about a possible salmonella contamination. Guacamole, pico de gallo and taco dip are some of the prepared foods included in the recall. The list of recalled products were distributed by Taylor Farms in multiple states with a “Best If Used By” date up to and including Aug. 16, 2026. The products were sold at stores including Kroger, Stop & Shop, Target, Whole Foods, Trader Joe’s and Walmart.

Trump media company announces a loss

The president’s media company posted a massive loss in the latest quarter and plans to ditch new business lines and refocus as a forum for users to post their views. The company behind the Truth Social platform said Monday that it lost $238 million in the three months through June as it branched into businesses unrelated to media, including crypto. That was more than 10 times the loss from a year earlier. The new chief executive, Kevin McGurn, said a yearlong effort to expand by branching into several new industries including online betting and crypto would now be largely abandoned as ...

Some tough calls in retiring

Many aspects of retirement planning are the subject of hot debate, even among experts. Here are three tricky decisions that confront people planning retirement today. Decision 1: How much to withdraw each year It’s impossible to say at the outset of retirement what the “right” withdrawal rate is. You don’t know what the major asset classes will return or how high (or low) inflation will run during your retirement. Nor do you know how long you’ll live. But you have to use something, and this is where the disagreements come in. A 4% starting withdrawal rate, with annual ...