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US inflation gauge cools with little sign of tariff impact so far

WASHINGTON (AP) — A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices. Spending by Americans slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods. Friday’s report from the Commerce Department showed that consumer prices rose just 2.1% in April compared with a year earlier, down from 2.3% in March and the lowest since September. Excluding the volatile food and energy categories, core prices rose 2.5% from a year earlier, below the March figure of 2.7%, and the lowest ...

Why are more shoppers struggling to repay ‘buy now, pay later’ loans?

NEW YORK (AP) — More Klarna customers are having trouble repaying their “buy now, pay later" loans, the short-term lender said this week. The disclosure corresponded with reports by lending platforms Bankrate and LendingTree, which cited an increasing share of all “buy now, pay later” ...

Homeowners spend on renovations and repairs despite the uncertain economy and higher prices

LOS ANGELES (AP) — U.S. homeowners are spending more on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy. Sales at building materials and garden supply retailers rose 0.8% last month from March, the biggest gain since 2022, and were up 3.2% from April last year. At the same time, U.S. retail sales overall rose 0.1%, a sharp slowdown from March. The trend comes even as prices for home improvement products have been rising. The cost of home repairs and remodeling climbed by nearly 4% in the first quarter from a year ...

Grieco’s Titles and Tags celebrates two years of business

LOCK HAVEN — Located just a short walk off of East Main Street in Downtown Lock Haven, Grieco’s Titles and Tags is celebrating a milestone this month. The business, owned by Logan Grieco, will mark its second anniversary since opening in mid-May in 2023. Since first opening, Grieco ...

Take 5 continues to take shape in Bald Eagle Township

ARIANNA MCKEE/THE EXPRESS The Take 5 facility which is actively being built near Lowe’s on Hogan Boulevard appears to be nearing completion. The ATM that was previously located at that spot was taken out in June 2024. As of the last update given by Bald Eagle Township Supervisors, the ...