WASHINGTON — Federal Reserve Chair Janet Yellen sought Tuesday to reassure investors that she will embrace the approach to interest-rate policy that her predecessor, Ben Bernanke, pursued before he stepped down as chairman last month. Yellen told Congress that if ...Read More »
WASHINGTON — Unwilling to risk spooking the markets, and leading a fractured GOP majority, House Speaker John Boehner on Tuesday stepped back from a confrontation with Democrats to let Congress vote on increasing the government’s borrowing cap without trying to ...Read More »
any have been grumbling about the state of the local economy since the recession hit full force in 2008, but a local economist says there have been positive signs of growth since a year after the period of significant upheaval. ...Read More »
Mayor Lovely A. Warren is asking staff and department heads to focus on the priorities of improving neighborhoods, developing the workforce, improving public safety and creating educational opportunities as she prepares a 2014-15 budget. The city of Rochester is struggling ...
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A lot of questions still surround the new Start-Up NY program launched by the governor last fall to jump-start the state’s economic engine. To help answer some of those questions, Phillips Lytle LLP invited various business people to an informational ...Read More »
WASHINGTON — The U.S. government ran a $53.2 billion surplus in December, signaling further improvement in the nation’s finances. The surplus was the largest since September and a record for the month of December, according to the Treasury Department report ...
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WASHINGTON — Janet Yellen will take the helm of a Federal Reserve facing a significantly different economic landscape from the one that dominated Ben Bernanke’s tenure as chairman, confronting her with different decisions as well. Bernanke’s eight years leading the ...
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