Plunging oil prices not due to Chinese slow down The real culprit: OPEC efforts to thwart U.S. natural-gas development

By Dave Gardner China has been insatiable in its demand for crude oil and other valuable commodities, exerting out-sized influence on global supply and demand. As the Chinese economy cools, however, fate of these markets is certain to be affected. The U.S

China’s slow down not influential on U.S. interest rates; a small rate spike won’t derail economy

By Dave Gardner Don’t expect the slowdown in China’s GDP to directly dominate any moves by the Federal Reserve as it calculates interest rates. The Federal Reserve Open Market Committee must take into account a wide variety of elements when deciding upon

Governor addresses increased education funding at the Pennsylvania Association of Student Councils Conference

Gov. Tom Wolf made remarks at the Pennsylvania Association of Student Councils 2015 State Conference on Nov. 13 where he discussed the importance of increased education funding in the budget.

Retailers to see green this holiday season

The National Retail Federation (NRF) is predicting a massive holiday season for retailers in the U.S. It expects total holiday sales from Black Friday through Christmas Eve to reach $630 billion, which is a 3.7 percent increase over 2014. Holiday shoppers

Toy Insider: The Force Awakens should steal spotlight this Christmas, though Frozen’s Elsa isn’t quite done yet

Consumers are expected to spend $630.5 billion this holiday season, with each person spending about $805, according to the National Retail Federation. Among the most sought-after gifts this season involves the upcoming Stars Wars film — Star Wars: The For

Retailers: Ports see ‘dramatic difference’ from last year as holiday merchandise arrives

Import cargo volume at the nation’s major retail container ports is expected to increase 8.3 percent this month over the same time last year as consumers begin their holiday shopping, according to the monthly Global Port Tracker report released today by t

Mauch Chunk Trust Company supports Rotary Club of Jim Thorpe’s Holiday Giving Project

Mauch Chunk Trust Company recently presented a check in the amount of $1,700 in support of the Rotary Club of Jim Thorpe’s Holiday Giving Project. The program is entering its 16th year of local support to children in need throughout the Jim Thorpe area.

Intuit QuickBooks Index says Pennsylvania employment decreased by 0.04 percent in October

Intuit QuickBooks’ Small Business Indexes are monthly reports providing unique and almost real-time insight into employment and revenue trends of the nation’s small businesses with fewer than 20 employees. The Intuit Small Business Employment Index found

Five things to know about home insurance coverage

What would happen if your home was damaged or broken into? Average insurance claims range from about $3,600 for theft to over $37,000 for fire or lightning damage, according to ISO, an insurance industry analytics company. When you’re making decisions abo

Construction’s percentage job gains lead all economic sectors in October

The U.S. construction industry added more jobs in October than during the previous four months combined, according to an analysis of Bureau of Labor Statistics data released Nov. 6 by Associated Builders and Contractors (ABC). Construction employment expa

Fair Trade Coalition: Proposed trade pact threatens Pennsylvania jobs

Labor and human rights advocates warned that the proposed Trans-Pacific Partnership (TPP) trade agreement, whose text was officially released for this first time Nov. 5, poses significant threats to the economy, environment, human rights, and public healt

Gov. Wolf signs Housing Trust Fund Expansion, saying move will ‘put homes within reach in all 67 counties’

Gov. Tom Wolf on Nov. 4 signed into law an expansion of the Pennsylvania Housing Affordability and Rehabilitation Enhancement Act (PHARE), the State’s Housing Trust Fund. Act 58 of 2015 makes way for safe, affordable homes for Pennsylvanian in all 67 coun

Keystone Research Center decries nursing home ‘poverty’ wages

Despite generating $407 million in profit in 2014, up from $370 million the year before, Pennsylvania’s nursing home industry employs nearly 15,000 workers who must rely on public assistance to make ends meet, a new study by the Keystone Research Center s

SLIBCO sells land to Scott Township

Scott Township officials recently purchased a 30.68 acre tract of land adjacent to the Scott Technology Park from the Scranton Lackawanna Industrial Building Company (SLIBCO), the not-for-profit industrial development affiliate of the Greater Scranton Cha

American Express OPEN: Small business owners optimistic about the holiday season; 92% anticipate sales will be same or better than 2014

Small business owners are optimistic about holiday sales this year — with the majority saying they will be the same (55 percent) or better (37 percent) than last year — according to the OPEN Holiday Growth Pulse, a survey of 1,000 small businesses with $2

Economists predict residential & nonresidential construction growth in 2016

Anirban Basu, chief economist for Associated Builders and Contractors (ABC); Kermit Baker, Ph.D., chief economist for the American Institute of Architects; and David Crowe, National Association of Home Builders (NAHB) chief economist predicted continued c

Fidelity D & D Bancorp Inc. announces fourth quarter dividend and bonus

The board of directors of Fidelity D & D Bancorp Inc. (OTC Bulletin Board: FDBC), parent company of The Fidelity Deposit and Discount Bank, announced their declaration of the company’s fourth quarter dividend of $0.27 per share plus a 2015 bonus divid

Judging session of the 13th annual Entrepreneurship Institute held at Wilkes

PA-TecBridge’s 2015 Entrepreneurship Institute judging session was held this past weekend on Oct. 31, and was conducted at Wilkes University and hosted by the Allan P. Kirby Center for Free Enterprise and Entrepreneurship. Eight teams from various regiona

DCED announces new jobs, new low-interest loans approved by Pennsylvania Industrial Development Authority

Department of Community and Economic Development Secretary Dennis Davin on Nov. 4 announced that new state investments through the Pennsylvania Industrial Development Authority (PIDA) program will support the continued growth of Pennsylvania businesses th

CPAs offer advice: 4 questions to consider about aging in place

About 90 percent of seniors plan to continue living in their own homes for the next five to 10 years, according to an AARP survey. The Centers for Disease Control and Prevention (CDC) define “aging in place” as being able to live in one’s home and communi

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