WASHINGTON — The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year. Chair Jerome Powell said at a news conference after the central bank announced its decision that the ...
HUNTINGDON MBG honors Inner Circle Mutual Benefit Group announced that 25 agency partners have qualified for Inner Circle based on 2025 business results. MBG has been rewarding agents who demonstrate exceptional customer service, consistent growth and profitability via the Inner Circle Program since 1993. L.R. Webber and Associates Inc., Duncansville, was the lone local agency that qualified for Inner Circle 2025. Restaurants honor founder On Monday, all Texas Roadhouse, Bubba’s 33 and Jaggers locations invite the public to a fundraiser to support the American Tinnitus ...
Gerber, the maker of baby foods and other products, is recalling certain lots of its arrowroot biscuits because they might contain pieces of soft plastic or paper and should not be eaten. The recall includes 5.5-ounce packages of the biscuits, often given to teething babies, with best-by dates between Oct. 16 and Dec. 16, 2026. The plastic and paper pieces came from a supplier of arrowroot flour, who initiated the recall. No illnesses or injuries have been reported. Consumers should check the back of the packages for the codes of affected lots. The products can be returned to the place ...
Tesla’s annual profit plunged to its lowest level since the pandemic as it ceded the title of the world’s biggest electric vehicle maker to a Chinese rival and boycotts hammered sales. The EV company run by Elon Musk reported Wednesday that net income last year dropped 46% to $3.8 billion. It was the second year in a row with a steep drop in profit. EPA plan would roll back ‘good neighbor’ rule The Trump administration is taking a step toward rolling back a rule that limits smokestack emissions that burden downwind areas in neighboring states. The so-called “good ...
Amazon is slashing about 16,000 corporate jobs in the second round of mass layoffs for the ecommerce company in three months. The tech giant has said it plans to use generative artificial intelligence to replace corporate workers. It has also been reducing a workforce that swelled during the pandemic. Beth Galetti, a senior vice president at Amazon, said in a blog post Wednesday that the company has been “reducing layers, increasing ownership, and removing bureaucracy.” The company did not say what business units would be impacted, or where the job cuts would occur. The latest ...
Censorship claims, technical problems and a report of a surge in app deletions are just some of the challenges TikTok is facing as it adjusts to a new ownership structure in the United States that was finalized last week. The company said Monday it was experiencing a “major infrastructure ...
