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Business

UBCP included in American Banker’s Top 200 Community Banks in the U.S.

MARTINS FERRY — United Bancorp Inc. President and CEO Scott Everson announced Tuesday that United Bancorp, the parent company of Unified Bank, has been named to the American Banker’s “Top 200 Publicly Traded Community Banks” list, according to the May 2022 edition of the American ...

Automakers ask Congress to lift electric vehicle tax cap

NEW YORK (AP) — Major automakers are asking Congress to lift the cap on how many people can receive tax credits for buying a hybrid or fully electric vehicle. Currently the number of tax credits allowed are capped at 200,000 per company. General Motors and Tesla have already reached the cap ...

Bear market hits Wall Street as stocks, bonds, crypto dive

NEW YORK (AP) — Wall Street tumbled into what’s called a bear market Monday after fears about a fragile economy and rising interest rates sent the S&P 500 more than 20% below its record set early this year. The index sank 3.9% in the first chance for investors to trade after getting ...

Most Hispanic U.S. state weighs benefits of language programs

ALBUQUERQUE, N.M. (AP) — Jacqueline Powell and her fourth grade classmates toiled over pencil and paper to write a letter in Spanish about what they did in class this year. Powell explained the assignment in perfect Spanish before struggling to translate the words to end her sentence. The ...

Several factors are converging to push national gas prices higher

DALLAS (AP) — There is little evidence that gasoline prices, which hit a record $5 a gallon on Saturday, will drop anytime soon. Rising prices at the pump are a key driver in the highest inflation that Americans have seen in 40 years. Everyone seems to have a favorite villain for the ...

US inflation at new 40-year high as price increases spread

WASHINGTON (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices surged 8.6% last month from a year earlier, faster than April’s ...