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Stocks recover from early losses

NEW YORK — Stocks shook off an early stumble to finish with slim gains on Wall Street and close out their first winning week since the start of the Iran war. The early decline for stocks was driven by a surge in oil prices following a national address late Wednesday from President Donald Trump. He vowed the U.S. will continue to attack Iran and failed to offer a clear timetable for ending the conflict in the Middle East. Oil prices eased slightly during the day, but still remain elevated well above $100 per barrel. The S&P 500 rose 7.37 points, or 0.1%, to 6,582.69. Several days of ...

Briefcase: Kish Bank opens new loan production office

DUNCANSVILLE Kish Bank on Wednesday opened a new loan production office at 2875 Route 764, Duncansville. This strategic expansion reflects Kish Bank’s ongoing commitment to supporting business growth and strengthening financial services access throughout Blair County. The Duncansville LPO will serve as a dedicated hub for commercial lending and client engagement, offering loan closings and client meetings by appointment, ensuring a flexible and personalized experience. Kish Bank is actively evaluating opportunities to further expand its financial services footprint in Blair County, ...

Ticker: Trump unveils 100% tariff on some patented drugs

President Donald Trump has signed an executive order that could slap long-threatened pharmaceutical tariffs of up to 100% on some patented drugs from companies that don’t reach deals with his administration in the coming months. Companies that have signed a “most favored nation” pricing deal and are actively building facilities in the U.S. to onshore production of patented pharmaceuticals and their ingredients will have a 0% tariff. For those that don’t have a pricing deal but are building such projects in the U.S., a 20% tariff will apply but increase to 100% in four years. ...

Ticker: FDA grants quick OK to Eli Lilly’s weight-loss pill

U.S. health officials have approved a new weight-loss pill from Eli Lilly. The Food and Drug Administration’s decision Wednesday means patients in the United States will soon have access to a second daily oral medication to treat obesity and weight-related issues. The drug will be sold as Foundayo and it’s expected to begin shipping Monday. Stopgap measures aren’t enough to halt gas prices Global leaders have been scrambling to contain the rising cost of oil and gasoline since the start of the Iran war. President Donald Trump and other heads of state have been pulling on ...

NTSB: Self-driving systems don’t improve road safety

The systems that allow drivers to take their hands off the wheel are convenient but don’t improve safety because people are often too reliant on them and end up paying more attention to their cellphones and infotainment screens than to the road, the head of the National Transportation Safety Board said Tuesday. At Tuesday’s hearing on two fatal crashes involving Ford’s Blue Cruise system, the NTSB recommended that Ford find ways to improve the way its system monitors drivers, and urged the federal government to establish minimum safety standards. Even though this investigation ...