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Pope Francis, first Latin American pontiff, dies at 88
Allegheny County touts ‘competent and compassionate’ government for job prospects
Allegheny County’s portal to entice federal employees to explore their options with the county launched Thursday. A similar portal was also created by Pennsylvania Gov. Josh Shapiro. The idea is to provide a soft landing for any of the 16,000 federal employees in the Pittsburgh region who may lose their...
The number of Americans filing for jobless benefits falls as labor market remains sturdy
Applications for U.S. jobless benefits fell last week as the labor market remains sturdy ahead of an expected purge of federal government employees. The number of Americans filing for jobless benefits fell by 21,000 to 221,000 for the week ending March 1, the Labor Department said Thursday. That’s significantly fewer...
Mortgage rates have declined but could stay at a level that makes it tough to afford a home
LOS ANGELES — Mortgage rates have been mostly declining in recent weeks, helping encourage prospective home shoppers just as the spring homebuying season gets going. But the same factors that have pulled mortgage rates to their lowest level since December — signs that the U.S. economy is slowing and uncertainty...
Cracker plant in Beaver County could be sold as Shell looks to offload chemical assets
Shell is considering a sale of its chemical assets in the U.S. and Europe, including the cracker plant in Beaver County. The Wall Street Journal, citing sources familiar with the matter, has reported one of the world’s largest oil and gas companies could offload its less-profitable chemicals division as part...
‘This is to keep all of us safe’: Officials urge travelers to get Real ID before deadline
The countdown is on: In just two months, U.S. travelers will need a gold star on their driver’s license to fly domestically — the symbol of a Real ID. Starting on May 7, anyone 18 years of age or older will need a Real ID or another acceptable form of...
Trudeau not willing to lift Canada’s retaliatory tariffs if Trump leaves some tariffs on Canada
TORONTO — Canadian Prime Minister Justin Trudeau is not willing to lift Canada’s retaliatory tariffs if Trump leaves any tariffs on Canada, a senior government official told The Associated Press. The official confirmed the stance on condition of anonymity as they were not authorized to speak publicly on the matter....
3 Western Pa. federal buildings listed, then removed, to be closed or sold
The Trump administration on Tuesday released a list of hundreds of federal properties it says it could close or sell, including offices for the Social Security Administration and Internal Revenue Service, after deeming them “not core to government operations.” The list, which has since been taken down from the General...
Cybercrime crew stole then resold hundreds of tickets to Swift concerts, prosecutors say
NEW YORK — A cybercrime crew stole then resold more than 900 digital tickets to Taylor Swift concerts and other pricey events on StubHub, according to prosecutors in New York. The international scam involved people working in Jamaica for a firm contracted by the online ticket marketplace, Queens District Attorney...
BlackRock strikes deal to bring ports on both sides of Panama Canal under American control
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the ports under American control after President Donald Trump alleged Chinese interference with the operations of the critical shipping lane. In...
IRS is drafting plans to cut as much as half of its 90,000-person workforce
WASHINGTON — The IRS is drafting plans to cut its workforce by as much as half through a mix of layoffs, attrition and incentivized buyouts, according to two people familiar with the situation. The people spoke on condition of anonymity because they weren’t authorized to disclose the plans. The layoffs...
Wall Street wipes out all post-election gains for S&P 500 
Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains since Election Day for the S&P 500. The Trump administration imposed tariffs on imports from Canada and Mexico starting Tuesday and doubled tariffs...
Tariffs bring uncertainty for Western Pa. consumers, businesses
Ami Robinson said she had been pinching pennies before President Donald Trump’s new tariffs against America’s three biggest trading partners took effect Tuesday. “I think things were already more expensive than they were last year,” Robinson, 40, of Dormont, said after leaving the Target store in Downtown Pittsburgh. “It’s just...
Here’s what tariffs are and how they work 
WASHINGTON — Tariffs are in the news at the moment. Here’s what they are and what you need to know about them: Tariffs are a tax on imports Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller. In the United States, tariffs are...
Starbucks brings in new finance chief as part of turnaround strategy
Starbucks named a new chief financial officer on Tuesday as part of a larger turnaround strategy. Cathy Smith, who has been Nordstrom’s CFO since 2023, will join Starbucks in the next month, Starbucks Chairman and CEO Brian Niccol said in a letter to employees. Smith previously served as the chief...
Wall Street’s losing streak deepens as Trump’s tariffs kick in
NEW YORK — Stocks tumbled in morning trading on Wall Street on Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains for the S&P 500 since Election Day. The tariffs between the U.S., China, Canada, and Mexico has helped to...
Uber teams up with Waymo to start selling driverless rides in Austin, Texas
Uber will shift into a new gear in Austin, Texas, on Tuesday when its ride-hailing service will begin dispatching self-driving cars to pick up passengers. The autonomous option is being provided through a partnership that brings together Uber and robotaxi pioneer Waymo, which already sells self-driving vehicle rides through its...
China slaps extra tariffs of up to 15% on imports of major U.S. farm exports, adds trade curbs
BEIJING — China announced Tuesday it will impose additional tariffs of up to 15% on imports of key U.S. farm products, including chicken, pork, soy and beef, and also expanded controls on doing business with key U.S. companies. The tariffs announced by the Commerce Ministry are due to take effect...
Trump’s trade war draws swift retaliation as Mexico, Canada and China impose tariffs on the U.S.
WASHINGTON — President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin as the U.S. faced the threat of rekindled inflation and paralyzing uncertainty for business. Just after midnight, Trump imposed...
Treasury ends enforcement of business ownership database meant to stop shell company formation
WASHINGTON — The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday evening announcement, Treasury said in a news release that it will not impose penalties now or in the future if companies fail...
Trump sends crypto prices on a short-lived surge after announcement of strategic government reserve
Cryptocurrency prices briefly jumped after President Donald Trump’s surprise announcement he wants the U.S. government to purchase and hold a variety of digital assets in a strategic reserve fund, an announcement that highlights Trump’s growing attempts to use volatile cryptocurrency prices as a barometer of his public support. Trump said...
Musk’s embrace of right-wing politics risks turning off car buyers and sinking Tesla’s stock
NEW YORK — Elon Musk’s car company is required each year to report to investors all the bad things that could happen to it, and the latest version lists every imaginable threat from costly lawsuits to out-of-control battery fires to war and another epidemic. But there’s barely any mention in...
UPMC reports $339 million operating loss in 2024
UPMC lost $929,000 a day last year amid a spending spree on new and expanded facilities. In its end-of-year financial report, the hospital and health insurance giant placed its operating losses at $339 million, up 71% from the previous year, when losses hit $198 million in 2023. UPMC attributed $128...
Kroger Chairman and CEO resigns following investigation into personal conduct
Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct. Kroger, the nation’s largest grocery chain, said Monday that the investigation into McMullen’s personal conduct was unrelated to the business, but was found to be inconsistent with its business ethics policy. Board member Ronald...
Veteran businesswoman finds success, satisfaction with specialty gift shop in Aspinwall
Rosie Welsh knows how to think pink. The Fox Chapel native and lifelong resident has perfected showcasing pink as the signature color of Rosebud’s, a specialty gift shop in Aspinwall’s historic business district. “Somebody told me on day one that if I made it for five years, then I’d made...
Dow drops nearly 650 as worries build about the economy as a result of Trump’s latest tariff announcement 
NEW YORK — A sell-off hit Wall Street after President Donald Trump said tariffs he had announced earlier on Canada and Mexico would take effect within hours. The S&P 500 dropped 1.8% Monday after Trump said there was no room left for negotiations that could lower tariffs set to begin...


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