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US wholesale inflation in July edged up 0.8% from low levels

By PAUL WISEMAN The Associated Press WASHINGTON — Wholesale prices in the United States picked up in July yet still suggested that inflationary pressures have eased this year since reaching alarming heights in 2022. The Labor Department reported Friday that its producer price index — which measures inflation before it hits consumers — rose 0.8% last month from July 2022. The latest figure followed a 0.2% year-over-year increase in June, which had been the smallest annual rise since August 2020. On a month-to-month basis, producer prices rose 0.3% from June to July, up from ...

Target recalls 2.2 millions candles over burn and laceration risks

NEW YORK (AP) — It’s time to check your candle supply again. According to a Thursday notice from federal regulators, Target is recalling 2.2. million candles due to laceration and burn hazards. The recall impacts Threshold-branded glass jar candles sold in multiple sizes and various scents — including frosted vanilla cupcake, rose petal & lotus, blue agave & cactcus and pumpkin spice, among others. According to Thursday’s notice published by the U.S. Consumer Product Safety Commission, the jars of these candles can break during use, risking burns and lacerations. Target has ...

Worldcoin scans eyeballs and offers cryptocurrency

The Associated Press NEW YORK — Weeks after its international launch, Worldcoin is drawing the attention of privacy regulators around the world, with the Kenya’s government going so far as to shut down the service indefinitely. The international ID startup, backed by big names in Silicon Valley, is now having to defend itself in investigations over whether the biometric data that the company is collecting is truly secure. Here’s what to know about Worldcoin and the concerns its raising: What is Worldcoin? Worldcoin is the creation of Sam Altman, best known as the CEO of ...

Rival robotaxi services win approval to operate throughout San Francisco

The Associated Press SAN FRANCISCO — California regulators on Thursday approved an expansion that will allow two rival robotaxi services to operate throughout San Francisco at all hours, despite safety worries spurred by recurring problems with unexpected stops and other erratic behavior that resulted in unmanned vehicles blocking traffic, including emergency vehicles. The state’s Public Utilities Commission voted to approve rival services from Cruise and Waymo to operate around-the-clock service. It will make San Francisco first major U.S. city with two fleets of driverless ...

Pennian declares cash dividend

MIFFLINTOWN — Scott E. Fritz, President and CEO announced that on Aug. 8, 2023, the Board of Directors of the First Community Financial Corporation, the parent company of Pennian Bank, declared a quarterly regular cash dividend of $0.16 per share. The cash dividends will be paid on Sept. 22, 2023 to shareholders of record on Sept. 15, 2023.

Stock market today: Wall Street ticks higher after inflation report

NEW YORK (AP) — Stocks are ticking higher as Thursday’s shaky day of trading comes toward a close following the latest update on inflation across the U.S. The S&P 500 was 0.3% higher with about an hour remaining in trading. It’s on pace for just its second winning day in the last eight, but it had been up as much as 1.3% earlier in the day before swinging between gains and losses. The Dow Jones Industrial Average was up 177 points, or 0.5%, at 35,301, and the Nasdaq composite was 0.3% higher. The morning’s highly anticipated report showed U.S. consumers paid prices that ...