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Governor hopefuls Garrity, Shapiro weigh in on data centers

HARRISBURG — Republican Stacy Garrity is trying to differentiate herself from incumbent Gov. Josh Shapiro on something that’s top of mind for many Pennsylvanians — data center development. A review of their positions shows at least two distinct differences, but also many blank spots where the candidates have not taken public stances. Neither candidate has offered detailed plans for regulating data centers. Still, they have taken somewhat different positions on issues such as a moratorium on development and offering economic incentives. Shapiro favors voluntary environmental, ...

Pennsylvania joins 3 others as budget holdouts

Pennsylvania is just one of three states with late budgets as a new fiscal year starts. Pennsylvania is joined by Massachusetts and South Carolina without a budget for Fiscal Year 2026-27, according to the National Conference of State Legislatures (NCSL). Pennsylvania has no budget or stopgap budget in place. Massachusetts operates under an interim budget and South Carolina passed a continuing resolution while budget negotiations continue, the NCSL said. A biennial budget state, North Carolina missed enacting a budget in 2025 and operates under a provision that automatically continues ...

Ticker: Trump says Walmart cut prices at his request

President Donald Trump is claiming credit for Walmart’s recent price cuts, though the retailer’s statement doesn’t mention his administration’s involvement. Trump faces backlash over inflation, which rose after his tariffs and the Iran war’s impact on energy costs. He blames Democrats for the ongoing issue. In a social media post Monday, Trump says Walmart lowered prices at his request to celebrate the nation’s 250th birthday. However, Walmart’s statement describes the cuts as a seasonal strategy, with no mention of government interaction. Inflation has climbed 4.2% over ...

Albright College warned over financial instability

READING — Albright College has been warned that continued poor budgeting and financial instability could risk the eventual loss of its accreditation. The Middle States Commission on Higher Education issued notices last month to over a dozen schools, including the private Berks County liberal arts college, for issues such as budgeting, educational effectiveness, and ensuring adequate physical and technical infrastructure. Albright received a noncompliance warning, which is the least serious type of noncompliance notice the commission offers. Three other Pennsylvania institutions ...

Rebounding AI stocks fuel S&P 500

NEW YORK — A rebound for AI stocks lifted the U.S. market on Monday. The S&P 500 rose 0.7% and pulled back within 1% of its all-time high, even though the majority of stocks within the index fell. The strength for companies in the artificial-intelligence technology industry sent the Nasdaq composite 1.1% higher, and the Dow Jones Industrial Average rose 155 points, or 0.3%, to a record. AI stocks have swung sharply in recent weeks on worries that their prices shot too high. Doubts are rising about whether all the dollars flowing into AI chips and data centers can possibly create ...