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Business

Small Businesses To Tackle Long List Of Challenges In 2023

NEW YORK (AP) — Small businesses face a mix of old and new challenges as 2023 begins. A looming recession, still high (although easing) inflation and labor woes are some of issues carrying over from 2022 that small businesses will have to tackle. There are also new regulatory wrinkles, such ...

TRC Adds Phelps To Leadership Post

The Resource Center has announced the hiring of Jacqueline C. Phelps as its assistant executive director for quality assurance, quality improvement and compliance. In her new job, Phelps is responsible for seeing that The Resource Center provides high-quality services and supports that ...

Can U.S. Avoid A Recession? As Inflation Eases, Optimism Rises

WASHINGTON — For months, the outlook for the U.S. economy has been a mostly bleak one: Inflation hitting a four-decade high, consumer spending weakening, interest rates surging. Most economists penciled in a recession for 2023. An economic downturn is still possible. Yet in recent weeks, ...

Paving Prowess

Lake Shore Paving along with asphalt supplier Jamestown Macadam Inc. and W.A. Wilson Inc. received a New York Materials Showcase award for the rehabilitation of a runway at the Chautauqua County-Jamestown Airport. In May, Lake Shore began a $5.7 million project to upgrade the primary runway ...

Pain, Few Gains For Investors As Markets Slumped In 2022

Investors found few, if any, safe havens in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession. Consumers paid more for energy, food and just about everything else. Borrowing ...

Past Inflation’s Peak?

WASHINGTON — For the economy, 2022 was a throwback year. And not in a good way. At times, it felt like the 1970s or early ‘80s. Inflation running rampant. The United States and its European allies engaged in a not-so-Cold War with Russia. A bleak outlook leaving people feeling sour and ...