RIPLEY — State Sen. George Borrello recently presented the New York State Historic Business award to Meeder’s Restaurant in Ripley to celebrate their incorporation into New York State’s Historic Business Preservation Registry. Established by legislation passed in 2020, the Historic ...
LOS ANGELES (AP) — Mortgage rates inched higher this week, keeping the average rate on a 30-year mortgage essentially flat and near the 7% range it’s been in most of this year. The rate rose to 6.78% from 6.77% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate ...
WASHINGTON (AP) — The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates. Thursday’s report from the Commerce Department said the gross domestic product — ...
Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels. Jobless claims for the week ending July 20 fell by 10,000 to 235,000 from 245,000 the previous week, the Labor Department reported Thursday. It’s the ninth ...
DETROIT (AP) — U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago. And GM Chief Financial Officer Paul Jacobson said he doesn’t see his company cutting prices ...
A subsidiary of New York Community Bancorp, Flagstar Bank, is selling its residential mortgage servicing business to Mr. Cooper Group Inc. for about $1.4 billion. The sale includes mortgage servicing rights and the third-party origination platform. NYCB has struggled in the past year with ...