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Business

A Bear Market May Be Near. What Does That Mean?

NEW YORK — Investors on Wall Street need a place to hide. The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market. Rising interest rates, high inflation, the war in Ukraine and a slowdown in China’s economy have caused investors to ...

Porter-Blair Cleaning & Co. Opens Jamestown Office

Porter-Blair Cleaning & Co. recently cut the ribbon on its new office in the Medical Arts Building at 500 Pine St., Jamestown. Owner Lindsey Smith is a Jamestown native who recently returned home to launch her business. “The past two years have been challenging for so many including ...

HAWC Physical Therapy Plans Opening

Daile Jackson, Nicki Ristau and Wayne Quattrone II, doctors of physical therapy, announce the projected opening of a new aquatic physical therapy clinic this spring. HAWC Physical Therapy (Health, Aquatic, Wellness of Chautauqua), will be located on the corner of Fluvanna Avenue and Strunk ...

Freddie Mac Recognizes Northwest Bank

WARREN — For the second consecutive year, Northwest Bank has been recognized by Freddie Mac as a winner of its Home Possible RISE (Recognizing Individuals for Sustained Excellence) Awards. The annual program salutes Freddie Mac’s top clients across multiple categories for excellence with ...

Fessenden, Laumer & DeAngelo Names New Partner

The partners of Fessenden Laumer & DeAngelo PLLC have named Galena D. Duba-Weaver the newest partner in the law firm. Duba-Weaver Galena earned her master’s degree in English literature with honors from the State University at Fredonia, and is a graduate of the University of Buffalo ...

Recession Fears Grow. But How High Is The Risk?

WASHINGTON — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve is making borrowing much costlier. And the economy actually shrank in the first three months of this year. Is the United States at risk of enduring another recession, just two years after emerging ...