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IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook

WASHINGTON (AP) — The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump’s promises to slash U.S. taxes, impose tariffs on foreign goods, ease regulations on businesses and deport millions of immigrants working illegally in the United States. The Washington-based lending agency expects the world economy to grow 3.3% this year and next, up from 3.2% in 2024. The growth is steady but unimpressive: From 2000 to 2019, the world economy grew ...

US producer prices rose 0.2% last month on higher energy costs

WASHINGTON (AP) — U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.2% last month from November, down from a 0.4% gain the month before. Compared to a year earlier, producer prices rose 3.3%, biggest jump since February 2023 and up from a 3% gain in November. A 3.5% November-to-December increase in energy prices — led by a 9.7% increase in gasoline prices — pushed the overall index higher. Food prices dipped 0.1% in ...

Caprio named general manager at Fox’s Market House Restaurant

LOCK HAVEN — Morgan Caprio, formerly of Colorado, returned to Lock Haven and recently assumed the role of general manager at Fox’s Market House Restaurant. Morgan has been employed at several area restaurants. She is intimately familiar with the food service industry to assure guests of ...

Tips to manage time more efficiently

METRO — Busy days tend to be productive days. But when especially busy days are strung together, adults can begin to feel a little overwhelmed and may wonder if there’s anything they can do to make hectic schedules more manageable. Time management strategies can be an effective tool in busy adults’ arsenals. Efficient time management can free up more minutes or hours in the day, which can ultimately afford adults more time to exhale and thus make each day seem a little less overwhelming. Time management may require a little trial and error before adults find a formula that works ...