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Newspaper
New Castle News
Location
New Castle, Pennsylvania, United States of America
Date
Jun 04, 2015
Page
4
The newspaper invites readers to submit letters to the editor by mail or email. Letters must be signed with full name, phone number, and complete address for verification and be no more than 300 words. Anonymous submissions will not be published and letters may be edited for style.
The Supreme Court revived a suit over costly investments in a company plan while the Labor Department pushes a rule extending fiduciary duties to IRA and related advisers. Brokers argue regulation is enough, but consumer advocates say conflicts of interest harm earnings, with over seven trillion dollars in IRAs. The proposed rule would require disclosure and a best interests duty for those assisting individual retirement decisions.
The Pittsburgh Symphony Orchestra concluded its yearly concert series in New Castle at the Scottish Rite Cathedral. The program featured Mendelssohn, Tchaikovsky, Respighi, and Stravinsky with Haimer conducting. The hour and a half performance showcased soloist moments and concluded with Firebird Suite, earning audience appreciation despite a smaller turnout.
ATribune News Service column reflects on Joe Biden's lifelong losses from a grieving spouse and child through Beau Biden's brain cancer death and earlier tragedies. It lauds his devotion to two boys, public duty, and private strength, calling him among the greatest fathers. It closes with prayers for strength and peace.
The piece argues for a 5 percent annual growth target over the next decade to close the gap from trend growth and reduce deficits. It cites a 0.7 percent first quarter contraction revised downward, the missing normal recovery, and the need for pro growth tax reform echoing Reagan era plans. It notes potential gains from faster growth, and calls for GOP leadership to adopt a 5 percent policy despite Democratic resistance.
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