By Eshe Nelson and Matt Phillips Stocks on Wall Street slid on Wednesday for a second consecutive session, continuing their tumultuous ride since the discovery of the Omicron variant of the coronavirus last week. The S&P 500 fell 1.2 percent, as an early gain quickly faded after news that the […]
Business News
By DAVID KOENIG and YURI KAGEYAMA, Associated Press Tourism businesses that were just finding their footing after nearly two years of devastation wrought by the COVID-19 pandemic are being rattled again as countries throw up new barriers to travel in an effort to contain the omicron variant. From shopping districts […]
ImageJerome Powell, the chair of the Federal Reserve, in September.Credit…Stefani Reynolds for The New York Times By Jeanna Smialek and Alan Rappeport Jerome H. Powell, the Federal Reserve chair, will tell lawmakers on Tuesday that inflation is likely to last well into next year and that the new Omicron variant […]
Here’s a look at local business changes in the region. Molinari’s at 322 E. Third St. in south Bethlehem would have celebrated its 10th anniversary Friday, but the restaurant was closed because of a staff shortage. The Italian restaurant said on Facebook that one key staff member is out. Short-staffing […]
Steve Evans describes his business as one that just keeps getting sweeter. Since taking the helm of Evans Candy from his parents in 1995, Evans says the business that cranks out a variety of treats off Willow Street Pike south of Lancaster has seen steady year-over-year growth to the point […]
Pacific Asian Market opened its second location in Longview earlier this month at 2305 Gilmer Road. The first Longview store, 1432 McCann Road in Brookwood Village Shopping Center, remains open. Romel Igaya and his wife, Esusana, own the stores. Alongside business partners, they also own a similar grocery store in […]