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Ticker: Oil prices rise after Trump says ceasefire is ‘over’

Local Business

Oil prices rose, and stock markets dropped in shaky trading worldwide after President Donald Trump raised doubts about the temporary truce in the war with Iran. The S&P 500 fell 0.3% Wednesday after sinking as much as 1.1% earlier in the day. The Dow Jones Industrial Average dropped 1.1% after Trump said the agreement to pause fighting with Iran was over. The Nasdaq composite erased an early slump and rose 0.2% after Trump said in the afternoon that the most recent fighting did not mean a return to full-scale war. Brent crude oil’s price climbed 5% above $78 per barrel. John Deere ...

Audit shows Blair County’s cash reserve ‘healthy’ at $20.3 million

Local News

HOLLIDAYSBURG — Blair County’s latest audit is showing the county’s cash reserve at the end of 2025 was $20.3 million, probably the highest it’s been since 2013 when it jumped to $20.6 million after the county sold Valley View Home. “That’s very healthy,” Derek Schroeder, auditor and senior manager of Zelenkofske Axelrod LLC, said of the $20.3 million reserve — $460,365 higher than reported in 2024. “That’s about five months of operating expenses.” While commissioners Dave Kessling, Amy Webster and Laura Burke welcomed the positive report, they pointed out that ...

Pennsylvania Superior Court rejects inmate's challenge to sentence

Local News

The Pennsylvania Superior Court on Tuesday rejected an argument that a prison sentence for a probation violation imposed on a 61-year-old DuBois man was excessive and that it could mean he would be serving the rest of his life behind bars. The Superior Court opinion written by Judge Timika ...