Federal Reserve Raises the Federal Funds Rate to 1-1/4 to 1‑1/2 percent.

Federal Reserve Raises the Federal Funds Rate to 1-1/4 to 1‑1/2 percent.

Washington, DC…Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Averaging through hurricane-related fluctuations, job gains have been solid, and the unemployment rate declined further. Household spending has been expanding at a moderate […]

Economy Adds 228,000 in November, Unemployment Holds Steady at 4.1 Percent

Economy Adds 228,000 in November, Unemployment Holds Steady at 4.1 Percent

Washington, DC…Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, manufacturing, and health care. Household Survey Data The unemployment rate held at 4.1 percent in November, and the […]

Dignity Health and Catholic Health Initiatives to Combine to Form New Catholic Health System Focused on Creating Healthier Communities

Dignity Health and Catholic Health Initiatives to Combine to Form New Catholic Health System Focused on Creating Healthier Communities

Englewood, CO & San Francisco, CA…Catholic Health Initiatives (CHI) and Dignity Health have signed a definitive agreement to combine ministries and create a new, nonprofit Catholic health system. The combination brings together two leading health systems, allowing the organizations to expand their mission of service and create a healthier future for people and communities across […]

Celebrating over 150 Years as Part of Your Community

Celebrating over 150 Years as Part of Your Community

Angels Camp, CA…Since 1867, we’ve believed in giving back to the communities that we serve in the form of donations, community involvement and volunteer time. Our employees are your friends and neighbors. We believe in working hard to make our communities a better place to live. You’ll notice that many Bank of Stockton employees are […]

Gross Domestic Product: Third Quarter 2017 Revised Up To 3.3%

Gross Domestic Product: Third Quarter 2017 Revised Up To 3.3%

Washington, DC…Real gross domestic product (GDP) increased at an annual rate of 3.3 percent in the third quarter of 2017 (table 1), according to the “second” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 3.1 percent. The GDP estimate released today is based on more complete source data […]

What Will You Pay for Medicare in 2018? ~ From Brian Tewksbury

What Will You Pay for Medicare in 2018?  ~ From Brian Tewksbury

Murphys, CA…The Centers for Medicare & Medicaid Services (CMS) has announced that the standard monthly Part B premium in 2018 will remain $134 (or higher, depending on your income). In 2017, most Medicare beneficiaries who received Social Security benefits paid a lower monthly premium ($109, on average). However, this is likely to change in 2018. […]

Economy Added a Robust 261,000 Jobs in October & Unemployment Drops to 4.1%

Economy Added a Robust 261,000 Jobs in October & Unemployment Drops to 4.1%

Washington, DC….Total nonfarm payroll employment rose by 261,000 in October, and the unemployment rate edged down to 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment in food services and drinking places increased sharply, mostly offsetting a decline in September that largely reflected the impact of Hurricanes Irma and Harvey. In October, job […]

$220 Million Multistate Settlement with Deutsche Bank for Manipulating Key Interest Rate

$220 Million Multistate Settlement with Deutsche Bank for Manipulating Key Interest Rate

Sacramento, CA…California Attorney General Xavier Becerra today announced a $220 million multistate settlement with Deutsche Bank for fraudulent conduct involving the manipulation of the London Interbank Offered Rate (LIBOR). LIBOR is the rate at which banks lend money to one another. It is a key financial tool that determines interest rates for many financing mechanisms, […]

Men’s Health is Workshop Focus for the Month of November

Men’s Health is Workshop Focus for the Month of November

San Andreas, CA…Men’s health is the topic of a free workshop on Nov. 9 at Mark Twain Medical Center. “Tackle Your Health” is the theme for the 10 a. m. to noon event focusing on lifestyle and health resources for men. A variety of presenters and health resource organizations will be featured and lunch is […]

Deadline Approaching for Undoing a 2016 Roth IRA Conversion ~ From Brian J. Tewksbury

Deadline Approaching for Undoing a 2016 Roth IRA Conversion ~ From Brian J. Tewksbury

Murphys, CA…If you converted a traditional IRA to a Roth IRA in 2016 and your Roth IRA has sustained losses, you may want to consider whether it makes sense to undo (recharacterize) your conversion. You have until October 16, 2017, to undo your 2016 conversion.* A recharacterization can help you avoid paying income tax on […]

Median Household Income Climbs to New Record of $59,039 According to Census Bureau

Median Household Income Climbs to New Record of $59,039 According to Census Bureau

Washington, DC…The U.S. Census Bureau announced today that real median household income increased by 3.2 percent between 2015 and 2016, while the official poverty rate decreased 0.8 percentage points. At the same time, the percentage of people without health insurance coverage decreased. Median household income in the United States in 2016 was $59,039, an increase […]

Mark Twain Medical Center Hosts Annual Fall Health Fair September 30th

Mark Twain Medical Center Hosts Annual Fall Health Fair September 30th

San Andreas, CA…Mark Twain Medical Center (MTMC) will be holding its 19th Annual Fall Health Fair on Saturday, September 30th from 7am to noon at the Hospital Campus in San Andreas. “Our purpose is to serve our community in many ways,” said Bob Diehl, Hospital President. “MTMC cares deeply about the health and wellbeing of […]

Second Quarter GDP Revised From 2.6% to 3%

Second Quarter GDP Revised From 2.6% to 3%

Washington, DC….Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent. The GDP estimate released today is based on more complete source data than were […]

An Uncertain World & Lack of Tax Reforms Sends Dow Lower

An Uncertain World & Lack of Tax Reforms Sends Dow Lower

New York, NY….The Dow Jones Average succumbed to increasing world uncertainty over North Korea and Wall Street unease on lack of progress on tax reforms. Wall St. is getting increasingly nervous as they had expected movement on corporate tax reforms as one of the initial goals of Trump’s Presidency. The combined factors sent the Dow […]

Economy Adds 209,000 Jobs in July, Unemployment Rate Little Changed at 4.3 Percent

Economy Adds 209,000 Jobs in July, Unemployment Rate Little Changed at 4.3 Percent

Washington, DC….Total nonfarm payroll employment increased by 209,000 in July, and the unemployment rate was little changed at 4.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in food services and drinking places, professional and business services, and health care. Household Survey Data, Both the unemployment rate, at 4.3 percent, and the […]

ADP National Employment Report: Private Sector Employment Increased by 178,000 Jobs in July

ADP National Employment Report: Private Sector Employment Increased by 178,000 Jobs in July

Roseland, NJ…August 2, 2017 – Private sector employment increased by 178,000 jobs from June to July according to the July ADP National Employment Report®. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics. The report, which is […]

GDP Rises To 2.6% in Second Quarter

GDP Rises To 2.6% in Second Quarter

Washington, DC…Real gross domestic product increased at an annual rate of 2.6 percent in the second quarter of 2017 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent (revised). The Bureau emphasized that the second-quarter advance estimate released today is based […]

Investment Literacy Happy Hour for Butte Fire Victims on July 25th

Investment Literacy Happy Hour for Butte Fire Victims on July 25th

Mountain Ranch, CA…Complimentary Beer, Wine, Soft Drinks and Appetizers served while we learn about financial planning and investments. For victims of the Butte Fire, PG&E settlements are a tremendous opportunity to rebuild their lives. But they also come with great responsibility if they’re to truly change victims’ lives permanently. Come find out how to invest […]

Beth Childs/Genna Hurst Scholarship Awarded by Calaveras Community Foundation (CCF)

Beth Childs/Genna Hurst Scholarship Awarded by Calaveras Community Foundation (CCF)

Angels Camp, CA…The Beth E. Childs/ Genna Hurst Renewable Scholarship administered by the Calaveras Community Foundation was presented during the awards night at Calaveras High School in late May. The 2017 scholarship committee selected Jillian Salvetti-Baker as the recipient. The Childs/Hurst scholarship is a 4-year $4,000 renewable scholarship awarded annually to a graduating student residing […]

Dalton Family Donates $825,000 to Mark Twain Medical Center Foundation for New Angels Camp Medical Clinic

Dalton Family Donates $825,000 to Mark Twain Medical Center Foundation for New Angels Camp Medical Clinic

San Andreas, CA – Mark Twain Medical Center Foundation (MTMCF) is excited to announce this principal gift of $825,000 from the Dalton Family. This extraordinary donation, which is the largest gift to the Capital Campaign, supports the much needed new medical office structure in Angels Camp expanding access to healthcare for the City’s residents and […]

Edward Jones Financial Advisor Tim Oskey Wins Spirit of Partnership Award

Edward Jones Financial Advisor Tim Oskey Wins Spirit of Partnership Award

Angels Camp, CA…Tim Oskey of the financial services firm Edward Jones in Angels Camp, CA recently won the firm’s exclusive Spirit of Partnership Award for outstanding performance during 2016. Jim Weddle, the firm’s managing partner, calls Oskey a leader in the firm and an example of what a dedicated Edward Jones financial advisor can achieve. […]

Sonora Area Foundation Announces Record Scholarship Awards

Sonora Area Foundation Announces Record Scholarship Awards

Sonora, CA…Sonora Area Foundation announces that the 2017 scholarship season has been completed and record totals recorded. According to program manager, Lin Freer, “2017 Scholarships awarded total $371,000 with 170 awards going to 125 Tuolumne County students. This eclipses last year’s then record of $266,000 granted in 2016.” The bulk of the increase was attributed […]

Sonora Foundation Announces The Jim and Barb Gianelli Community Fund

Sonora Foundation Announces The Jim and Barb Gianelli Community Fund

Sonora, CA…Sonora Area Foundation announces that long time Sonora attorney Jim Gianelli and his wife Barb have opened a second fund at the Foundation to facilitate charitable giving for their business Gianelli & Polley, Inc. The couple has held a personal fund at the Foundation since 1999. Mr. Gianelli was a long time member and […]

Tuolumne Sheriff’s Office Looking For Woman Who Passed Counterfeit Bill

Tuolumne Sheriff’s Office Looking For Woman Who Passed Counterfeit Bill

Sonora, CA…On Saturday, the Sheriff’s Office received information about counterfeit bills being passed at local businesses. The suspect shown below in a surveillance photo is described as a woman in her late 40’s to early 50’s, approximately 5’4″ tall, with brownish blond hair. This woman passed a counterfeit $100 bill at Starbucks and attempted to […]

What Can a Million Dollars Buy You? BluePrint Investment & Tax Planning Can Help!

What Can a Million Dollars Buy You?  BluePrint Investment & Tax Planning Can Help!

Valley Springs, CA…What can a million dollars buy you? It wouldn’t be enough to build a steam liner, but it would buy a luxury sailboat. You couldn’t get a mansion in Chicago, but you could get a condo on Lake Michigan. On the other hand, a million dollars in a diversified portfolio could help finance […]

Federal Reserve Moves Forward With Rate Increase

Federal Reserve Moves Forward With Rate Increase

Washington, DC…Information received since the Federal Open Market Committee met in May indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far this year. Job gains have moderated but have been solid, on average, since the beginning of the year, and the unemployment rate has declined. […]

Butte Fire Claims May Expire Soon!

Butte Fire Claims May Expire Soon!

San Andreas, CA…Airola Butte Fire Attorneys in San Andreas is ready to help. We are a team of lawyers fighting for the rights of property owners in Amador and Calaveras Counties. The Airola family has been serving the legal needs of the Motherlode for 99 years. Now, in the aftermath of the Butte fire, the […]

Six Local Students Awarded Career & Technical Training (C&TT) Scholarships for 2017

Six Local Students Awarded Career & Technical Training (C&TT) Scholarships for 2017

Angels Camp, CA…Calaveras Community Foundation (CCF) awarded Career and Technical Training scholarships to a total of six high school students during recent award night events. Four Calaveras High School students, one Bret Harte High student and one student from Mountain Oaks will each receive $1,500. Calaveras High School student Jayda Hufana, of Valley Springs, is […]