Plus, a magnitude 6.4 earthquake rocks southern Taiwan and a registered sex offender pleads not guilty in the case of a missing California teenager.
The United States Federal Reserve released a report today which suggests that severe snowstorms along the east coast have slowed economic activity for the first three months of 2010.
The Beige Book Survey shows that the U.S. economy is not improving at a fast enough pace to persuade companies to hire more employees.
According to Syracuse.com, economists predict that the economy will grow at a pace of about 3 percent until the end of March.
Plus, a suicide bomber attacks a U.S. base in Afghanistan and 30 athletes banned from Olympic competition.
Former New York Governer Eilliot Spitzer is scheduled to speak at Syracuse Univeristy today to address key economic and political issues surrounding the country, according to the Daily Orange. Spitzer will discuss Obama's responses to both the financial crisis and to a new populist right-wing movement that is protesting the federal administration. He will not address the sex scandal which led to his impeachment. Spitzer is slated to speak at 5:00 p.m.
The new federal stimulus money to create jobs and weatherize low-income homes.
New York is receiving the most of the federal stimulus money to weatherize more than 45,000 low-income homes by blowing in insulation, sealing air leaks and installing energy-efficient lightning and appliances for free, according to The Post Standard.
The money will be given to local community groups and government agencies that hire local residents, most of whom are trained in the field through their community training centers. Many nonprofit community groups such as...
Two upstate utility companies announced today that their customers will pay less for heat this winter. The typical consumer will see their heating bill decrease by 12.8%.
College graduates are entering a poor job market with severe debt
Millions of college graduates are carrying record amounts of debt into one of the worst job markets in decades, according to a Syracuse.com report. The report said that this debt and the need to pay it off have caused some students to reconsider their careers.
Business slows at Funk 'n Waffles but owners plan to weather the downturn.
There’s only one place in Syracuse that sells a falafel waffle.
Funk ’n Waffles co-founders Adam Gold and Kyle Corea began experimenting with music and waffles while they were film students at Syracuse University.
“We brought that same [living room] vibe to the restaurant, so a lot of people feel like they’re just hanging out in our apartment,” Gold said. “But now we have a food service permit.”
The business started strong, he said. But then things changed.