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For some employees, education benefits such as tuition assistance prove life-changing

NEW YORK (AP) — After five years of working long nights as a truck driver, Julius Mosley wanted a change. He found driving unfulfilling, and his teenage son needed him to spend more time at home. So Mosley took a job as a customer service representative at a telecommunications company near his home. The employee benefits included being able to take job-related classes for free. He decided he wanted to study leadership so he could learn about managing teams and helping people become the best versions of themselves. His company, Spectrum, paid for a 10-week front-line manager ...

HVAB names new board officers

STATE COLLEGE — The Happy Valley Adventure Bureau (HVAB) Board of Directors elected Bellefonte business owner and Spring Township Supervisor David Capperella as new HVAB Board Chair, effective July 15. Capperella assumed the gavel from outgoing Chair Jennifer Brooks-Stahl, corporate director of sales for Hospitality Asset Management Company. “It’s an exciting time in Happy Valley and I’m so fortunate to be surrounded by a wonderful group of board members and staff, who represent the best of our community,” Capperella said. “I’m so excited to be following in the ...

Centre Chamber of Business & Industry joins coalition for federal research funding

STATE COLLEGE — The Chamber of Business & Industry of Centre County (CBICC) has joined the Business for Federal Research Funding (BFRF) Coalition, a growing, nonpartisan alliance of more than 70 business organizations and chambers of commerce across 33 states. Relaunched in April by the Greater Boston Chamber of Commerce, the BFRF Coalition advocates for maintaining and increasing federal funding for research in the federal budget and beyond. “The Boston Chamber is proud to relaunch the Business for Federal Research Coalition, and I am thrilled that the Chamber of Business & ...

Average long-term US mortgage rate rises to 6.72%, ending a five-week slide

The average rate on a 30-year U.S. mortgage edged up this week, ending a five-week decline in borrowing costs for homebuyers. The long-term rate ticked up to 6.72% from 6.67% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.89%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also rose. The average rate increased to 5.86% from 5.80% last week. A year ago, it was 6.17%, Freddie Mac said. High mortgage rates can add hundreds of dollars a month in costs for borrowers and reduce their purchasing ...