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The fact that the largest chunk of $10 million of state funding dedicated to infrastructure improvements at transportation hubs is earmarked for the Wilkes-Barre/Scranton International Airport is not just a likely boon the area economically, but the latest in a longer line of signs of its potential for growth. Airport officials announced the investment last week, and that the $6.2 million funded by the Aviation Transportation Assistance Program that is coming the region’s way will be put toward a project to expand the Pittston Twp. airport’s terminal and upgrade its...

The latest house price data feels about as clear as mud. According to Rightmove, there was a smaller than usual monthly increase of 0.6 per cent in May, leaving prices up just 1.2 per cent on this time last year. But by Nationwide’s measure, annual house price growth was a more buoyant 3.5 per cent. And according to the official UK House Price Index (HPI), the latest monthly rise was 1.1 per cent, leaving house prices 6.4 per cent higher year on year.IndexRightmoveNationwideUK HPIMonthly house price increase (%)0.60.51.1Annual house price...

Property taxes are not a punishment for homeownership. They are an essential investment in the community that makes homeownership worthwhile.Study eyed for Florida property tax changesExpect an economic impact study as a first step as discussions ramp up about the future of property taxes in Florida.Fox - 35 OrlandoGov. Ron DeSantis recently asked the disingenuously rhetorical question: “Do you ever own your own home?”It’s a provocative statement meant to stir resentment over property taxes as part of a larger pitch to either eliminate or drastically reduce them. But, while such...

Imagine someone who found secondary-school maths difficult being grilled about logarithms. That is how a lot of equity investors look if you ask them about currency risk. It is not because the question is novel: any client can spot that the share price of an overseas firm, or one doing business across borders, ought to depend on foreign-exchange (FX) rates. It is because it is easy to pose, but maddeningly hard to answer. Forecasting earnings is already a pain. It becomes much worse when the task is to make forecasts...

4-minute readAndrew P. Napolitano  |  Special to the USA TODAY NetworkCan FBI be sued if agents raid wrong house? Supreme Court to weigh in.Trina Martin, son Gabe Watson and partner Toi Cliatt seek compensation after their house was mistakenly raided by the FBI.The British government's use of general warrants, allowing searches of colonists' homes without specific cause, contributed to the American Revolution.The Fourth Amendment, designed to protect the right to privacy and property, requires probable cause for government searches.The author argues that the probable cause standard is insufficient, as natural...

The Trump administration is pressuring trading partners to Buy American — American energy, defense and agricultural products, that is, and as The Wall Street Journal reports, many anxious global leaders, eager to placate the commander in chief and avoid a prolonged trade war, have voiced support for the idea. However, just as foreign leaders are saying they’ll buy American goods and services, foreign investors, from Japanese pensioners to European mutual funds to state actors are Selling American — specifically American stocks, corporate debt and, worryingly, the treasury bonds America relies...

As a global equity investor, there is much to consider from US President Trump’s new tariff regime, particularly in the context of UK equities.The UK and Singapore received the lowest ‘reciprocal tariffs’ in President Trump’s ‘Liberation Day’ announcement. A tariff rate of 10 per cent, less than that imposed on the Eurozone, is probably a win for the UK economy, but for the UK stock market the picture is a little more nuanced.Compared to Europe, which faces a 20 per cent increased tariff, the changes will be easier for UK business to...

Adolescence has shone a light on the sinister realities of UK schools (Picture: Courtesy of Ben Blackall/Netflix) The Netflix show Adolescence perfectly encapsulates my biggest fear about UK schools. That is, that the shocking standard of sex education is doing nothing to oppose incel culture, violent porn and Andrew Tate. Adolescence, which has been dubbed the best TV show in years, follows a good-hearted working class family The Millers as their life is upended when 13-year-old Jamie Miller is arrested for killing a teenage girl. What follows is an unflinching...