The U.S. Postal Service will run out of cash within a year unless Congress lifts a decades-old cap and allows the agency to borrow more money, the new postmaster general warned in an interview. If it doesn’t, the Postal Service might not be able to pay its employees or vendors by February ...
BELLEFONTE Reliance Bank will open its new Bellefonte branch at 801 E. Bishop St., a former PNC Bank site, on March 30. The new branch will be Reliance Bank’s second branch in Centre County, and its ninth branch overall, reinforcing the bank’s commitment to expanding its reach and enhancing customer service in the region. The Bellefonte branch aims to serve the growing community by providing personalized financial solutions and a full range of personal and commercial banking services. Reliance Bank’s Bellefonte Branch hours will be: 9 a.m. to 5 p.m. Monday through Thursday, 9 ...
WASHINGTON — Some two dozen states challenged President Donald Trump’s new global tariffs on Thursday, filing a lawsuit over import taxes he imposed after a stinging loss at the Supreme Court. The Democratic attorneys general and governors in the lawsuit argue that Trump is overstepping his power with planned 15% tariffs on much of the world. Trump has said the tariffs are essential to reduce America’s longstanding trade deficits. He imposed duties under Section 122 of the Trade Act of 1974 after the Supreme Court struck down tariffs he imposed last year under an emergency powers ...
U.S. stocks sank after the price of oil spiked to its highest level since 2024. The S&P 500 fell 0.6% Thursday. The Dow Jones Industrial Average briefly dropped more than 1,100 points before finishing with a loss of 784. The Nasdaq composite slipped 0.3% The losses came as financial markets around the world keep following the cue of the oil market. Oil prices gave back some of their big gains late in the day, which helped stocks in the U.S. moderate their losses at the end of trading. Judge rules companies are entitled to refunds In a defeat for the Trump administration, a federal ...
The “Cambria County Perinatal Mental Health Disorders Training” program will be held from 9 a.m. to 4 p.m. June 22 at the Holiday Inn, 250 Market St., Johnstown. The program is a multidisciplinary training designed to equip health care providers with the tools to identify, support and treat patients facing perinatal mental health challenges. The training is divided into two parts, focusing first on clinical understanding and then on practical intervention strategies. This training is free to Cambria County provider agencies, schools, human services agencies, community ...
NEW YORK — Oil prices leaped Monday on worries that war with Iran could clog the global flow of crude and make inflation even worse. U.S. stocks, meanwhile, swung from sharp losses to a tiny gain. Crude prices jumped more than 6%, which will likely mean higher prices soon at gasoline pumps. That would hurt not only U.S. households, whose spending makes up the bulk of the U.S. economy, but also businesses with big fuel bills. The S&P 500 fell as much as 1.2% at the start of trading, and cruise lines and airlines led the way lower. But U.S. stocks quickly erased those losses, in part ...
