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Cautious But Steady Consumers Bouying Hope For U.S. Economy

WASHINGTON (AP) — Call it the Goldilocks consumer. Defying high inflation and sharp interest rate hikes, Americans keep spending — a trend that, if sustained, could keep the economy humming just enough to help avoid a much-predicted recession. At the same time, surveys show that ...

Chamber To Honor Seven Businesses

Several area businesses and individuals will be honored by the Jamestown Community Chamber of Commerce at its Salute to the Finest on Feb. 27. Each year the Jamestown Community Chamber of Commerce presents Salute to the Finest – an annual recognition of some of the local businesses, individuals, and organizations that make a difference in the community. The Salute to the Finest will honor the following: ¯ New Business of the Year – Southern Sails Junk Removal ¯ Restaurant of the Year – Tim Hortons of Jamestown & Olean ¯ Retailer of the Year – Everyday’s True ...

Family Budgeting Tips That Work

When Tom Snyder coaches people in his church about how to budget, he starts by encouraging them to track their spending. “If we don’t track, we don’t know when to stop spending,” he says. The retired engineer and financial coach in Grand Rapids, Michigan, adds that it’s easy to be bumped off track by irregular costs, such as birthday gifts or vacations. Successful family budgeting is all about staying flexible so you can handle those irregular costs as well as unexpected challenges, including sky-high grocery store prices or rising interest rates. Financial experts like ...

Medical Debt Is Focus Of Nonprofit

RIP Medical Debt has found a working formula to relieve medical debt for millions of people. It still has room to grow. The New York nonprofit uses donations to buy medical debt in bulk from hospitals and debt collectors for pennies on the dollar. It mostly targets the debt of people with ...

Record Revenues

Cummins Inc. is projecting revenues to increase between 12% and 17% in the coming year. The owner of the Jamestown Engine Plant in Busti has reported fourth-quarter earnings of $631 million. Full-year revenues were $28.1 billion, For the year, the company reported profit of $2.15 billion, ...

Retailers Try To Curb Theft While Not Angering Shoppers

NEW YORK — When the pandemic threat eased, Maureen Holohan was eager to scale back her online shopping and return to physical stores so she could more easily compare prices and scour ingredients on beauty and health care products for herself and her three children. But that experience was ...