Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
OPINION: Fed Hikes Rates Again but is it Enough to Tame Inflation?
The Federal Reserve hiked its core interest rate for banks once again by another 0.75 percent to a range of 3.75 percent to 4 percent on Nov. 2 as high consumer inflation persists in the U.S. economy, and prepared markets for more rate hikes to come until the inflation gets under control. According to the […]
OPINION: After the Elections, Moving Forward Will Take Creativity
After the dust has cleared [from the midterm elections this year], Congress will be narrowly divided, and President Joe Biden will have to work hard to govern effectively. Whether he can do so will depend on plenty of different factors, but none will be more important than his relationship with members of both parties in
OPINION: Standardized test scores are a call to action
Preparing New York’s students for the workforce and the responsibilities and challenges beyond school is the most important job of any education system. Since the onset of the COVID-19 pandemic, these goals became significantly more challenging, and in these last few years we learned a great deal about how to address disruptions in our normal
OPINION: Xi’s aggressive, autocratic rule challenges the U.S.
It’s good to be the king, as a popular song has it in China these days. It’s good to be Xi Jinping. Xi was just chosen to lead the nation for a third consecutive five-year term. That’s not entirely unprecedented — Mao Zedong led the People’s Republic of China from 1949-1976. But it is a
OPINION: No surprise, New York’s business-tax climate ranks second worst again
For overburdened employers across New York state, the Tax Foundation’s new 2023 State Business Tax Climate Index is anything but surprising. New York’s business-tax climate — the second worst in the nation for the fifth year in a row — makes it very difficult for small businesses to grow and succeed. We need our leaders in
OPINION: America’s fascination with royalty is genuine if surprising
The United States was born in a rejection of being ruled by the King of England and a celebration of the rights of individuals. The Declaration of Independence states boldly that “all men are created equal,” suggesting that hereditary monarchs are no better than anyone else. It may seem a little surprising, then, that Americans
OPINION: Inflation still running hot, real incomes down
Congressional Democrats run out of time Inflation continued to run hot into September, with consumer inflation still up 8.2 percent annualized and producer inflation at 8.5 percent annualized, according to the latest data by the Bureau of Labor Statistics. The post-COVID supply crunch is continuing, and the economy overheats, now with demand on the downturn as
OPINION: No surprise that Albany’s gun laws were rightly blocked in court
It was obvious before the ink was dry on the page that Democrats’ rushed and reckless gun laws were unconstitutional. The federal court ruled correctly [on Oct. 6 blocking elements of the state’s new concealed-carry restrictions]. It should serve as a lesson to Gov. Kathy Hochul and legislative Democrats about what happens when they try
OPINION: Why Political Skills Matter
Now that this year’s primaries are over and general-election campaigns are revving up, it’s time to take a step back. I know, it seems an odd thing to do when all the media attention is shifting to focus on the U.S. Senate, U.S. House, and legislative contests that might affect who controls those chambers. But
OPINION: Hochul Would ‘Do That All Again’ With Pay-To-Play Purchase
And that’s the problem Rather than explain how a department under her control could spend hundreds of millions of dollars more than needed on COVID-19 test kits, Gov. Kathy Hochul instead insisted the purchase was a good idea, proclaiming she would “do that all again” if given the chance. This response is alarming, arrogant, and
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.