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Economy

County Dems call for salary cuts

Monroe County Democrats are proposing to roll back pay increases recently given to more than 400 management and professional county employees. They said the proposal could save the county about $400,000 this year alone.

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Defender’s report stresses challenges in ’11

Monroe County Public Defender Tim Donaher submitted the office’s 2010 Annual Report to the Monroe County Legislature this week. Donaher stressed that 2011 will be a challenging year for the Public Defender’s Office and the county.

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State judiciary tightening its belt further

The state judiciary is taking steps to trim another $100 million from its proposed 2011-12 budget. Savings, according to Chief Judge Jonathan Lippman, will be realized through “continued reductions in the court system’s work force including a hard freeze on hiring ...

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Warren Buffett says economy keeps improving slowly

OMAHA, Neb. — Billionaire Warren Buffett said Wednesday the U.S. economy continues to improve and doesn't need as much government help as it is currently getting. Buffett appeared Wednesday on CNBC four days after releasing his annual letter ...

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Bernanke: Lasting rise in oil prices pose a danger

WASHINGTON, D.C. — Federal Reserve Chairman Ben Bernanke told Congress Tuesday that a prolonged rise in oil prices would pose a danger to the U.S. economy. But he said a more likely outcome is a temporary and modest increase in consumer prices — not runaway inflation.

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High pump prices rattle drivers and businesses

NEW YORK CITY — High fuel prices are putting the squeeze on drivers' wallets just as they are starting to feel better about the economy. They're also forcing tough choices on small-business owners who are loathe to charge more for fear of losing cost-conscious customers.

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