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Business

Fed Matches Year Of Hot Inflation With Feverish Rate Hikes

NEW YORK — Wall Street expects the impact of the Federal Reserve’s most aggressive year of interest rate hikes in at least three decades to continue to be felt through next year. The central bank’s plan to fight stubbornly high prices on everything from food to clothing has been the ...

Shutterfly CEO Sees ‘Choppy’ Times

SAN FRANCISCO — While other technology companies lay off workers and try to cut other costs amid a post-pandemic comedown, Shutterfly CEO Hilary Schneider is gearing up for a busy holiday season. Orders are pouring in for the digital photo and printing company’s photo books, which capture ...

Northwest Names Local Managers

Bringing 30 years of experience in financial services to her role, Michelle L. Jones has been named area manager for Northwest Bank. As area manager, Jones is responsible for customer service, administration, lending and business development for the five area locations. She will work with ...

Fabulous Fancher

The Rotary Club of Jamestown welcomed Gary Henry Sr., a representative of the Fancher Chair of Falconer, to its recent weekly meeting. A native of the area, Henry graduated from Jamestown Community College with an associate degree in Accounting and attended Syracuse to study wood. He started ...

Best Buy’s Outlook On Sales Improves Ahead Of Holidays

NEW YORK (AP) — Best Buy’s profit and sales slipped in the third quarter on weakening demand for electronic gadgets, but it beat expectations and the retailer said a downturn in comparable stores sales this year will not be as bad as it had expected. Shares jumped more than 8% at the ...

A View Into U.S. Borrowing Habits

NEW YORK — Credit Karma is probably best known for giving Americans regular access to their credit scores, but the San Francisco-based company also acts as a starting place to shop for a loan, bank account or mortgage. Roughly 76 million Americans have used Credit Karma, giving the company ...