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Business

Economist Still Sees A Recession Coming

WASHINGTON — For more than a year, the U.S. economy has defied predictions of a forthcoming recession. It has withstood 10 interest rate hikes in 16 months from an inflation-fighting Federal Reserve. In June, America’s employers added a healthy 209,000 jobs. Will the economy remain ...

Credit Union Acquires Building

LAKEWOOD — Southern Chautauqua Federal Credit Union purchased the former Wealth Management Building located at 110 Mall Blvd., Lakewood, and closed on it earlier this month. The new building will serve as the credit union’s headquarters. The Legend Group and Deppas Insurance Agency will ...

Area Man Added To Academy Board

RANDOLPH — Randolph Academy, a two-campus public school district which supports, empowers and educates children struggling with various emotional and mental health disabilities, has added Scott Winterburn to its Board of Education. Winterburn is the intake coordinator for New Directions ...

Recession Or Not?

WASHINGTON — Despite more than a year of widespread warnings that a recession was near, America’s economy is, if anything, accelerating. Even as the Federal Reserve has sent borrowing costs sharply higher, the economy’s resilience has been on plain display: Consumers keep spending, and ...

How To Avoid Investment Scams

NEW YORK — Scammers targeting investors are using fears of a recession and high inflation to put new wrappers on their ruses, but the underlying scams are still pretty much the same, says Andrew Hartnett. He is president of the North American Securities Administrators Association, a group ...