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Fulton Financial Advisors celebrates milestone

John Forney isn’t surprised by the growth of the company he and his wife, Sherry, founded in Altoona in 2001. Started as Forney Financial Solutions, the business now known as Fulton Financial Advisors is marking its 25th anniversary in 2026. Forney, who now lives in Ormond Beach, Fla., ...

Workplace — Jan. 31-Feb. 1

New hires and promotions Jennifer Hefkin was promoted to Chief Financial Officer of Mutual Benefit Group on Jan. 1. In this role, she will support the development of corporate strategy, including investment strategy and policy. She will oversee financial planning, analysis and reporting for Mutual Benefit Group companies and work closely with the CEO and senior leadership team to drive innovation and identify new business opportunities. She began her employment with Mutual Benefit Group as an accountant and has held various positions during her tenure, including accountant ...

Replacing retirement anxiety with security

The greatest financial danger in retirement isn’t always the stock market. It’s the constant, nagging fear of running out of money. This anxiety causes many people to underspend and worry, even when their finances are sound. Here are eight ways to replace that worry with lasting security. 1. Determine your spending baseline Worry often starts with the vague question, “Am I spending too much?” Instead of operating on gut feeling, work with an advisor to determine your personal sustainable withdrawal rate (often between 3% and 5%). Once you know your lifestyle is covered by ...

US stocks fall to close week; gold, metal prices plunging

NEW YORK — Financial markets churned on Friday as investors tried to figure out what President Donald Trump’s new nominee to lead the Federal Reserve will mean for interest rates. U.S. stocks fell, with the S&P 500 down 0.4% after sinking as much as 1.1% earlier in the day. The Dow Jones Industrial Average dropped 179 points, or 0.4%, and the Nasdaq composite lost 0.9%. The value of the U.S. dollar rallied, but only after swiveling a couple times following Trump’s nomination of Kevin Warsh. And some of the wildest action was again in precious metals markets, where gold and ...

Trump’s unlikely Fed choice could reshape top central bank

WASHINGTON — President Donald Trump’s nomination of Kevin Warsh to chair the Federal Reserve could bring about sweeping changes at a central bank that dominates the global economy and markets like no other. Warsh, if approved by the Senate, will be under close scrutiny from financial ...