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Business

U.S. Consumer Price Growth Slows Slightly; Inflation Shows Signs Of Decline

WASHINGTON — Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year’s steady easing of inflation. At the same time, some measures of underlying price pressures remained high. Measured year over year, inflation slowed to just ...

Packing Power

Students from the G.A. Accountability and Responsibility Program recently toured the Jamestown Container Company in Falconer. Daniel Becker, Jamestown Container plant superintendent, Dave Spitz, design manager, and Mike Blakey, design assistant, took time out of their schedules to explain ...

Inflation, Interest Rates Could Weigh On Economy

FRANKFURT, Germany (AP) — The global economy must steer through a precarious recovery this year and next as inflation keeps dragging on household spending and higher interest rates weigh on growth, banks and markets. That was the takeaway Wednesday from the latest economic outlook by the ...

‘I Feel Wonderful’

A new Irish Pub has opened in Jamestown. Located at 1118 E. Second St., 2 Gingers Inn opened at the beginning of May. They are open from 11 a.m. to 2 a.m. daily except for Sundays where they are open from noon to 2 a.m. Food is done being served at 1 a.m. There are also discounts for veterans ...

Barely A Bear: Wall Street Exits Down Market After Running 20% Higher

NEW YORK — While it seemed scary and interminable, the bear market that Wall Street just exited turned out to be meeker than most. After the S&P 500 on Thursday closed at a level more than 20% above where it was in mid-October, Wall Street can give official dates for the birth and death ...

Optimism Builds For Home Builders

LOS ANGELES — By almost any measure, the U.S. housing market has yet to emerge from a more than year-long slump. Through the first three months of 2023, sales of previously occupied U.S. homes are running 28% below the pace in the same quarter last year, while sales of new homes are down ...