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Business

New business provides dumpster rentals to three local counties

LEWISTOWN — Sometimes projects come along that produce too much waste for regular refuse services to handle. That’s where Ryan and Heather Reichenbach of Keystone Dumpster Rentals can help out. Their new roll-off dumpster rental service offers 13 yard dumpsters for rent in Mifflin, Juniata ...

US consumers rebound to boost spending 2.4% as income jumps

WASHINGTON (AP) — Bouncing back from months of retrenchment, America’s consumers stepped up their spending by a solid 2.4% in January, the sharpest increase in seven months and a sign that the economy may be poised to sustain a recovery from the pandemic recession. Friday’s report from ...

A bumpy day leaves stocks mostly lower; bond yields ease

A choppy day on Wall Street ended with stocks mostly lower Friday, helping push the S&P 500 to its second straight weekly loss. Investors continued to watch the bond market, where Treasury yields eased lower, as well as Washington, where Congress is expected to vote on President Joe ...

Tech rout pulls Nasdaq down 3.5%, biggest loss since October

Rising bond yields triggered a broad sell-off on Wall Street Thursday that erased the market’s gains for the week and handed the Nasdaq composite its biggest loss in nearly four months. The S&P 500 dropped 2.4%, led lower by heavy selling in technology and communications companies. The ...

Biden’s trade pick vows to work more closely with allies

WASHINGTON (AP) — President Joe Biden’s pick to be the top U.S. trade envoy promised to work with America’s allies to combat China’s aggressive trade policies, indicating a break from the Trump administration’s go-it-alone approach. In a confirmation hearing hearing Thursday before ...

Gains for bank stocks help lead major US indexes higher

Stocks shook off a weak start and closed broadly higher Wednesday, nudging the Dow Jones Industrial Average to another all-time high. The S&P 500 rose 1.1% after having been down 0.6% in the early going. Gains in financial, technology and industrial stocks powered the comeback. Utilities ...

Never too late: Pandemic propels older shoppers online

NEW YORK (AP) — In November, Paula Mont did something new: The 86-year-old, who hasn’t left her New Jersey senior living community in nearly a year, went shopping — online. Mont used an iPad, equipped with a stylus to help her shaky hands, to buy a toy grand piano for her ...

Weakness in Big Tech stocks leaves Wall Street mostly lower

A sell-off in technology companies led stocks on Wall Street mostly lower Monday, adding to the market’s losses from last week. The S&P 500 fell 0.8%, extending its losses to a fifth straight day. The benchmark index was just about evenly split between winners and losers, but technology ...

Colleges to house new center that trains Black entrepreneurs

CHICAGO (AP) — A new center for training Black entrepreneurs will be opening in Atlanta as part of a collaboration announced Monday between Spelman College, Morehouse College and an advocacy organization made up of business leaders. The Center for Black Entrepreneurship is expected to ...