Economy

FILE - A street sign for Wall Street is seen outside the New York Stock Exchange, Thursday, Nov. 5, 2020. One of Wall Street's big fears coming into this month was a contested U.S. presidential election. President Donald Trump is refusing to concede even though Democrat Joe Biden secured enough electoral votes to win the presidency. Yet the S&P 500 has climbed this month back to the edge of its record high. (AP Photo/Mark Lennihan)
AP Newsroom
November 13, 2020 - 4:28 pm
NEW YORK (AP) — A huge fear for Wall Street coming into this month was a contested U.S. presidential election, one that could drag the market through more painful uncertainty. Now, more than a week after Election Day, President Donald Trump and his allies are challenging the results in a number of...
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WILK News Room
WILK NEWSROOM
October 26, 2020 - 3:56 pm
Commonwealth Court has ruled that the city of Scranton can tax without limits and doesn't have to abide by a state law that caps tax revenue collections.
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WILK's Special Edition
October 19, 2020 - 7:03 am
Special Edition 10 17 and 18 An update from CASA of Luzerne County, A Virtual Job Fair you won't want to miss, Did you get your Flu Shot?
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WILK NEWSROOM
October 15, 2020 - 3:29 pm
Wilkes-Barre Mayor George Brown has presented his 2021 budget and it does not include any tax increases, but it does includes the doubling of recycling and sewage fees.
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WILK NEWSROOM
October 15, 2020 - 3:17 pm
The Lackawanna County commissioners have introduced a tentative 2021 budget that does not include a property tax increase.
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WILK News Room
WILK NEWSROOM
October 14, 2020 - 2:59 pm
Pennsylvanians are encouraged to ask their job search and unemployment compensation questions during Pennsylvania Department of Labor & Industry’s twenty-first virtual town hall from 1:00 PM to 2:00 PM tomorrow, Thursday, October 15.
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WILK's Special Edition
October 12, 2020 - 5:37 am
Special Edition 10 10 11 US Senators Bob Casey and Pat Toomey, Scott Seeborg "All Voting is Local", Friends of the Poor Thanksgiving Festivities
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WILK News Room
Jeff T. Green / Stringer
WILK NEWSROOM
October 08, 2020 - 4:03 pm
Cascades Inc . has announced it is closing it's tissue production and conversion plants in Ransom Township and Pittston plants.
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FILE - In this June 30, 2020, file photo Federal Reserve Board Chairman Jerome Powell, reflected in the sneeze guard set up between himself and members of the House Committee on Financial Services, speaks during a hearing on oversight of the Treasury Department and Federal Reserve pandemic response on Capitol Hill in Washington. The Federal Reserve adjusted its inflation target to seek price increases above 2% annually, a move that will likely keep interest rates low for years to come. The Fed on Wednesday, Sept. 16, also left its benchmark short-term rate unchanged at nearly zero, where it has been since the pandemic intensified in March. (Bill O'Leary/The Washington Post via AP, Pool)
AP Newsroom
September 16, 2020 - 6:55 pm
WASHINGTON (AP) — With the economy still struggling to recover from the pandemic recession, Federal Reserve policymakers signaled Wednesday that their benchmark short-term interest rate will likely remain at zero at least through 2023 and possibly even longer. Fed chair Jerome Powell said at a...
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FILE - In this July 27, 2020, file photo, Nurse Kathe Olmstead, right, gives volunteer Melissa Harting, of Harpersville, N.Y., an injection as a study of a possible COVID-19 vaccine, developed by the National Institutes of Health and Moderna Inc., gets underway in Binghamton, N.Y. A letter from federal health officials instructing states to be ready to begin distributing a vaccine by Nov. 1 — two days before the election — has met, not with exhilaration, but with suspicion among public health experts and others. (AP Photo/Hans Pennink, File)
AP Newsroom
September 03, 2020 - 3:16 pm
Could the U.S. really see a coronavirus vaccine before Election Day? A letter from federal health officials instructing states to be ready to begin distributing a vaccine by Nov. 1 — two days before the election — has met, not with exhilaration, but with suspicion among public health experts, who...
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