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Business

Past Inflation’s Peak?

WASHINGTON — For the economy, 2022 was a throwback year. And not in a good way. At times, it felt like the 1970s or early ‘80s. Inflation running rampant. The United States and its European allies engaged in a not-so-Cold War with Russia. A bleak outlook leaving people feeling sour and ...

Survivor Betters Odds For Black Women

NEW YORK — Ricki Fairley, a 11-year late-stage breast cancer survivor and advocate, is fighting hard to improve the chances for Black women to overcome breast cancer and to address the racial disparities in treatment. Before her diagnosis in 2011, Fairley, 66, was a seasoned marketing ...

Dunkirk Product A Key Cog In Nestle’s Future Sales Plans

The efforts of northern Chautauqua County workers are helping drive one of Nestle’s strongest-performing divisions. Nestle’ recently reported nine-month sales growth of 8.5% while pricing growth was 7.5%, reflecting significant cost inflation. Real internal growth was 1%. Total reported ...

Inflation Dampens Otherwise Bright Small Business Holiday Season

NEW YORK — The free-wheeling holiday shopper of 2021, happy to spend money to relieve some pent-up pandemic demand, has given way to a more practical consumer this year, many small business owners say. The reason: inflation. Stephanie Sala felt last year had a YOLO, or “you only live ...

Wells Fargo To Pay $3.7B Over Consumer Law Violations

WASHINGTON — Consumer banking giant Wells Fargo agreed to pay $3.7 billion to settle a laundry list of charges that it harmed consumers by charging illegal fees and interest on auto loans and mortgages, as well as incorrectly applied overdraft fees against savings and checking accounts. The ...

Christmas Tree Demand Is Still High

SOUTH PORTLAND, Maine (AP) — For all the worries about inflation and the economy, Americans aren’t scrimping on a centerpiece of many celebrations this holiday season: the Christmas tree. Retailers from Home Depot and Lowes to mom and pop operations raised their prices on trees — but ...