Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
CEO FOCUS: Celebrating a Record Number of Economic Champions and their Collective Impact
Thank you. Thank you for every job you’ve added, every investment made, and every commitment you have made to growing this region’s economy. Progress, big and small, is what we have always celebrated through our Economic Champion’s event, and this year we proudly recognized a record 421 businesses and organizations for creating more than 5,000 […]
OPINION: Job Growth is Coming to New York: We Must Step Up to Meet Demand
Bringing the semiconductor industry back to the United States has been no easy feat. After the federal CHIPS Act was signed into law earlier this year, states across the country began taking strides to further cement the U.S. as the future home of semiconductor R&D and manufacturing. Most recently in New York, Gov. Kathy Hochul
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
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.