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Trump wants to send Americans money. Congress and economists don’t seem thrilled with the idea
3+ day, 14+ hour ago (862+ words) By BILL BARROW, LISA MASCARO and JOSH BOAK Economists and other political observers are voicing concerns about the potential effects on inflation and the national balance sheet. Taken together, it’s a swift reaction that makes clear that Trump’s dubious election-year…...
Across the region, people rise up for Ryan’s café in Glen Mills
5+ day, 19+ min ago (722+ words) CONCORD — People from across Delaware County and beyond have united to support Ryan’s Rise Up Café in Glen Mills after a crime at the coffee shop along Route 322 near U.S. 1. “Most recently our Ryan’s Rise Up Café experienced a…...
The best way to invest money you may need for long-term care
5+ day, 20+ hour ago (214+ words) I’ve written about how to decide how much to set aside for long-term-care expenses for people who have decided to forgo insurance. But where and how should those funds be invested? You don’t have to maintain a separate account for…...
Zachary Starr stays rooted in Chester County as enterprise soars overseas
6+ day ago (862+ words) WEST GOSHEN — Zachary Starr, 23, recently met with investors to thank them for their support and present the path forward for his growing company, Quix Labs, an international pharmacy-led nicotine reduction company. The company slogan is “the inhaled smoking alternative system…...
Oil prices rise and stocks fall after US hits Iranian sites in the Strait of Hormuz
1+ week, 6+ day ago (738+ words) By DAMIAN J. TROISE, AP Business Writer The price of oil rose and stocks fell on Wall Street Monday after the U.S. launched its first military action in a month against Iran. The S&P 500 index fell 0.5%. The Dow Jones Industrial Average…...
US consumer confidence falls to lowest level in 7 months as gas prices remain elevated
2+ week, 5+ day ago (226+ words) The Conference Board said Tuesday that its consumer confidence index dipped to 89.4 in August from 90.2 in July. That’s the lowest level in seven months but essentially in the same lukewarm range its been in since the beginning of the year....
Trump moves toward levying new tariff on China for flooding market with cheap goods, AP sources say
2+ week, 6+ day ago (527+ words) The move, if finalized, appears to be a calibrated effort by the White House to work around a Supreme Court decision earlier this year that struck down Trump’s plan to implement a sweeping, high-tariff scheme not seen since the 1930s. After…...
Iran’s rial currency hits new record low as US prepares to announce more sanctions
2+ week, 6+ day ago (504+ words) By NASSER KARIMI and DAVID RISING The rial dropped to 2.02 million to the U.S. dollar as trading opened on currency markets. Iran’s official Central Bank rate stood at around 1.5 million rial to the dollar, but the market rate is what most…...
Tesla recalls nearly 3M vehicles in China over door handle safety risks
3+ week, 2+ day ago (326+ words) By CHAN HO-HIM and FU TING The U.S. carmaker is recalling about 2.98 million China-made and imported EVs including Model 3, Model Y, Model X and Model S over door handle safety risks, according to China’s State Administration for Market Regulation. The recall,…...
PENN Entertainment announces plans for Boomtown Casino New Orleans property
3+ week, 4+ day ago (351+ words) PENN Entertainment Inc. said it plans to invest approximately $195 million to relocate its Boomtown Casino & Hotel New Orleans riverboat casino operations to a new land-based property. The casino will be built on adjacent land and will be rebranded as Hollywood…...