WASHINGTON (AP) — Having worked in the Federal Reserve system her entire career, Loretta Mester rose to become president of the Cleveland Fed for a decade until her retirement on June 30. During most of her years on the Fed’s interest-rate-setting committee, Mester was likely to favor ...
LOS ANGELES (AP) — The housing market shows few signs of busting out of its three-year funk after a disappointing spring season and amid a gloomy outlook for the summer and fall. Home shoppers came into 2024 with optimism that mortgage rates would ease further after a decline late last ...
Key members and supporters of Retool’24 visited the manufacturing sites of Artone LLC and New Flyer following the conference that was held recently at the Chautauqua Harbor Hotel. The tour group included professionals from the Jamestown Board of Public Utilities, the New York State Energy ...
NEW YORK (AP) — Cost pressures continue to hurt small businesses. In particular, rent inflation is a pressure point for small businesses, according to new data from the Bank of America Institute. The average monthly share of rent in total payments through May is 9.1%, up significantly from ...
As America’s oldest flour company, King Arthur Baking Co. has seen a lot. It opened in 1790, when George Washington was president. But little could have prepared it for the start of the coronavirus pandemic, when demand for King Arthur’s products jumped six-fold almost overnight. The ...
NEW YORK (AP) — Shares of Chewy fell Monday in volatile trading after a regulatory filing revealed that Roaring Kitty, an investor at the center of the meme stock craze, has taken a 6.6% stake in the online pet retailer. Roaring Kitty, whose legal name is Keith Gill, bought more than 9 ...