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Business

What All The Confusing News About The Economy Means

WASHINGTON — The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears to be sputtering, home sales are tumbling and economists warn of a potential recession ahead. But consumers are still spending, businesses keep posting profits and the economy keeps ...

Dire U.S. Labor Shortage Provides Opportunity For Ex-Prisoners

JACKSON, Miss. — When Antonio McGowan left the Mississippi State Penitentiary at Parchman after serving 17 years, he was free for the first time since he was 15. But as an adult finally out from behind bars, he immediately found himself confined to menial labor. McGowan needed stable work, ...

Sky-High Diesel Prices Squeeze Truckers, Farmers And Consumers

NEW YORK — When long-haul trucker Deb LaBree sets out on the road to deliver pharmaceuticals, she has strategies to hold down costs. She avoids the West Coast and the Northeast, where diesel prices are highest. She organizes her delivery route to minimize “deadheading” — driving an ...

Testa Named Hospice CEO

Mike Testa has been named CEO of Chautauqua Hospice and Palliative Care. Testa will succeed Kris Brombacher, who served as interim CEO during the search and who will continue as vice president of clinical services. Testa assumed responsibilities July 18. Testa comes to Chautauqua Hospice ...

Netflix Q2 Subscriber Loss Widens Less Than Expected

SAN FRANCISCO (AP) — Netflix shed almost 1 million subscribers during the spring amid tougher competition and soaring inflation that’s squeezing household budgets, heightening the urgency behind the video streaming service’s effort to launch a cheaper option with commercial ...

Forecaster: Stocks Can Fall More

NEW YORK — Early this year, with the S&P 500 near its all-time high, famed investor Jeremy Grantham warned that stocks were in a “super bubble.” Since then, their prices have fallen about 20%, and Grantham says they can still drop more. Grantham has correctly predicted the bursting ...