Breaking News

US wholesale prices arrive hotter than expected, up 0.5% from December and 2.9% from a year ago

WASHINGTON (AP) — U.S. wholesale prices came in hotter than expected last month. The Labor Department reported Friday that its producer price index, which measures inflation before it hits consumers, rose 0.5% from December and 2.9% from January 2025. Economists had forecast a 0.3% increase for the month and 1.6% year over year, according to a survey by the data firm FactSet. Excluding food and energy prices, which bounce around from month to month, so-called core wholesale prices rose 0.8% from December and 3.6% from January 2025 — both higher than forecasters had expected. The ...

African Market and Diner in Williamsport is not just about food

WILLIAMSPORT — Since the Good Grace African Market and Diner opened in 2024, things have changed for Maame Badu, the owner of the business and the creative force behind it. For one thing, the business has added clothing and accessories, hand made in Ghana plus other handmade items from ...

How the rich pass on their wealth. And how you can too

NEW YORK (AP) — Death and taxes may be inevitable. A big bill for your heirs is not. The rich have made an art of avoiding taxes and making sure their wealth passes down effortlessly to the next generation. But the tricks they use – to expedite payouts to heirs and avoid handing money to the government – can also work for people with far more modest estates. “It’s a strategic game of chess played over decades,” says Mark Bosler, an estate planning attorney in Troy, Michigan, and legal adviser to Real Estate Bees. “While the average person relies on a simple will, the ...