Breaking News

Wegmans, Chautauqua Striders Partnership Leads To Student Employment

A partnership between Chautauqua Striders and Wegmans recently provided several students with career opportunities. At a recent hiring event held in partnership between Wegmans and the Chautauqua Striders Mentoring program at Jamestown High School, 16 students were hired by Wegmans for ...

The Resource Center Elects Erickson New Board Chairman

Richard Erickson was elected the chair of The Resource Center’s board of directors during the agency’s annual meeting, held at TRC’s administrative offices on Dunham Avenue in Celoron. Also elected as officers for the board’s 2022-23 term were Richard Kimball, vice chair; Dr. Dawn ...

Area Woman Joins Insurance Com[pany

SALAMANCA — The Petruzzi Insurance Agency located in Salamanca has added Holly Kaltenbach to its team. Kaltenbach joined the agency at the beginning of July, bringing with her 20 years in the insurance industry. She holds agent and broker licenses New York and Pennsylvania. The ...

Ex-Fed Economist Talks Fed Reserve Strategy

WASHINGTON — Bill Nelson has experienced the workings of the Federal Reserve from both sides of the street. Nelson is the chief economist of the Bank Policy Institute, a trade group for U.S. banks. Earlier in his career, he served as an economist at the Federal Reserve and rose to become deputy director of the Division of Monetary Affairs, which provides guidance for the Fed’s interest rate decisions. Like many economists, Nelson says the Fed took too long this year to start raising rates. He favors a more forward-looking strategy from the Fed, which has recently made several ...

Trade Bans, Inflation Send Food Prices Up

Soki Wu’s food stall, tucked in a food court in a shopping mall in Singapore, is a crowd favorite for its fresh, juicy “chicken rice,” a national dish. But customers recently began complaining that his chicken didn’t taste quite as good as it used to. Wu was forced to switch to ...

What All The Confusing News About The Economy Means

WASHINGTON — The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead. But consumers are still spending, businesses keep posting profits and the economy keeps ...