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Economy

Sikorsky cutting 386 jobs at upstate plant

BIG FLATS — Sikorsky Aircraft Corp. is laying off nearly 400 workers at its factory in upstate New York because of what the company says is a lull in orders for military helicopters.

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Home-price index at lowest point since 2006 bust

WASHINGTON — Home prices in major areas have reached their lowest level since the U.S. housing bubble burst in 2006, driven down by foreclosures, a glut of unsold homes and the reluctance or inability of many to buy.

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7 chief justices to attend NH forum on budget woes

CONCORD, N.H. — The chief justices of seven northeast states are convening in New Hampshire to compare budget woes and hear from litigants who have suffered from cuts to the courts.

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New rules offer big cash awards to whistleblowers

Whistleblowers who report corporate fraud or other misconduct to the government could receive sizable cash awards under new rules adopted Wednesday by federal regulators.

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Banks offer cash transfers to cell number, email

Three of the nation's four largest banks are launching a system that lets customers transfer money from their checking accounts using only a mobile number or e-mail address.

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Prices at gas pump painful for 4 in 10 Americans

WASHINGTON — With gasoline prices hovering at $4 a gallon nationally, many Americans are making tough choices: scaling back summer vacations, driving less or ditching the car altogether. Some seniors are choosing a tank of gas over their prescriptions.

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Rochester leads NY in job gains

The largest private sector job growth since last April is in Rochester. According to monthly statistics, released Thursday by the New York Labor Department, New York’s economy grew by 43,800 jobs or 0.6 percent in April on a seasonably adjusted basis ...

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