Grow Erie hosts open house to show off years of work at Savocchio Park
It's a two-pronged initiative with goals of spurring economic impact and investment in the area while providing employment opportunities and locally-grown food in what's considered a food desert.
Erie families plant their own veggies at new community garden
The 17,000 square foot facility shows progress after 25 years of being vacant.
'This is really the first example of a project in Erie's investment playbook that has gone from the idea stage all the way to securing investment and now to implementation,' said Kim Thomas, executive director of Infinite Erie.
Next on the agenda for the MCIC is to build a nearly 3,000 square foot greenhouse for the community to use right across the road.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
18 minutes ago
- Business Wire
1031 Crowdfunding Ranks No. 2886 on the 2025 Inc. 5000 List of America's Fastest-Growing Private Companies
IRVINE, Calif.--(BUSINESS WIRE)-- Inc. revealed that 1031 Crowdfunding ranks No. 2886 on the 2025 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. This achievement underscores the value we deliver to our investors and the strength of the platform we've built. Share 'We're thrilled to be included on the Inc. 5000 list,' says Edward Fernandez, President and CEO of 1031 Crowdfunding. 'This achievement underscores the value we deliver to our investors and the strength of the platform we've built. As we continue to scale, we remain committed to providing institutional-quality real estate investments that drive long-term value for our investors.' Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. The list represents companies that have demonstrated exceptional growth while navigating economic uncertainty, inflationary pressure, and a fluctuating labor market. For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to Methodology Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2024. About 1031 Crowdfunding 1031 Crowdfunding is a private equity real estate investment and asset management firm. Our online marketplace provides a wide range of alternative investment vehicles focused on tax deferral. The properties listed on our marketplace are vetted and generally already purchased which mitigates closing risk. This convenient system helps many of our clients close within three to five days. Our innovative platform and industry expertise make it easy for investors to find and purchase real estate that aligns with their financial goals. For more information, visit or call 844-533-1031.
Yahoo
an hour ago
- Yahoo
Why The PNC Financial Services Group, Inc (PNC) is a Great Dividend Stock Right Now
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases. The PNC Financial Services Group, Inc (PNC) is headquartered in Pittsburgh, and is in the Finance sector. The stock has seen a price change of 0.07% since the start of the year. The company is paying out a dividend of $1.70 per share at the moment, with a dividend yield of 3.52% compared to the Financial - Investment Bank industry's yield of 1.02% and the S&P 500's yield of 1.49%. Looking at dividend growth, the company's current annualized dividend of $6.80 is up 7.9% from last year. Over the last 5 years, The PNC Financial Services Group, Inc has increased its dividend 3 times on a year-over-year basis for an average annual increase of 8.49%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. The PNC Financial Services Group's current payout ratio is 44%, meaning it paid out 44% of its trailing 12-month EPS as dividend. Earnings growth looks solid for PNC for this fiscal year. The Zacks Consensus Estimate for 2025 is $15.50 per share, representing a year-over-year earnings growth rate of 11.43%. Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. But, not every company offers a quarterly payout. High-growth firms or tech start-ups, for example, rarely provide their shareholders a dividend, while larger, more established companies that have more secure profits are often seen as the best dividend options. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. With that in mind, PNC is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The PNC Financial Services Group, Inc (PNC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
3 Crypto-Centric Stocks to Grab Before the Next Bitcoin Rally
The cryptocurrency market has been giving up gains lately, with Bitcoin (BTC) pulling back sharply after hitting a new all-time high last week. Several macro concerns, including uncertainty over a rate cut in September, have been denting investors' sentiment. However, the decline is temporary, and the cryptocurrency is poised to resume its northbound journey, given that it has already had a great year so far and a rate cut in the coming months is expected to give it a further push. It would thus be an ideal time to invest in crypto-focused stocks. We have selected three stocks, namely PayPal Holdings PYPL, Interactive Brokers Group IBKR and Robinhood Markets, Inc. HOOD. Each of these stocks has strong growth potential for 2025 and has seen positive earnings estimate revisions in the past 90 days. Bitcoin Retreats But Has More Room to Grow Bitcoin has declined 5% over the past week and was trading at $113,772.65 on Wednesday morning after hitting an all-time high of $124.496, its fourth record high this year. The high came following the release of the consumer price index (CPI) report. CPI for July rose less than expected, raising hopes that the Federal Reserve would go for a rate cut in September. However, the euphoria was short-lived after higher-than-expected wholesale inflation data raised fresh doubts over a September rate cut. Investor sentiment was further dented after Treasury Secretary Scott Bessent said last week that President Donald Trump's strategic bitcoin reserve, which was created in March, would only consist of bitcoin seized by the federal government, while officials look into 'budget-neutral pathways to acquire more Bitcoin.' However, experts believe that the decline in Bitcoin is temporary and once these macro concerns ease, the cryptocurrency will resume its rally. Although the Federal Reserve hasn't suggested any timeline for the next rate cut, markets are pricing in an 85% chance of a 25-basis-point rate cut in September, according to the CME FedWatch Tool. 3 Bitcoin-Centric Stocks With Upside PayPal Holdings PayPal Holdings provides digital wallet services that enable users to purchase, transfer and sell various cryptocurrencies, such as Bitcoin, Ethereum, Bitcoin Cash and Litecoin. Through PYPL, users can use cryptocurrencies to pay for goods and services from online merchants. Additionally, PayPal's mobile wallet platform, Venmo, allows users to engage in cryptocurrency buying and selling activities. PayPal Holdings' expected earnings growth rate for the current year is 10.8%.The Zacks Consensus Estimate for current-year earnings has improved 2.6% over the last 60 days. PYPL currently has a Zacks Rank #2 (Buy). Robinhood Markets Robinhood Markets, Inc. operates a financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds, options, gold and cryptocurrencies. HOOD buys and sells Bitcoin, Ethereum, Dogecoin and other cryptocurrencies using its Robinhood Crypto platform. Robinhood Markets' expected earnings growth rate for the current year is 39.5%.The Zacks Consensus Estimate for current-year earnings has improved 23.6% over the past 60 days. HOOD currently has a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Interactive Brokers Group, Inc. Interactive Brokers Group is a global automated electronic broker. IBKR executes, processes and trades in cryptocurrencies. IBKR's commodities futures trading desk also offers customers a chance to trade cryptocurrency futures. Interactive Brokers Group has an expected earnings growth rate of 11.4% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 11.4% over the last 60 days. IBKR currently has a Zacks Rank #1. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interactive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report PayPal Holdings, Inc. (PYPL) : Free Stock Analysis Report Robinhood Markets, Inc. (HOOD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Inicia sesión para acceder a tu portafolio
