Fed holds rates steady for now
With inflation moving higher on its worry list, the Federal Reserve held interest rates steady yesterday, ending nearly a year of cuts to bolster the economy, and hinted that the
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Corn farmers’ hopes are dashed by the flood
This year's corn crop was Bill Talsma's lottery ticket - a potentially record-setting haul worth millions. Then came the flood. The raging rivers and streams destroyed nearly a quarter of
Business in the Burbs: Oracle of Omaha coming to Westchester to check out acquisition
Billionaire Warren Buffett is scheduled to visit Mount Vernon today, dropping in on the former Michael Anthony Jewelers that, through a chain of acquisitions in recent years, is now owned
Suit claims Israel failed to repay Rye man $3 million
While Samuel Israel III was telling investors in summer 2005 that he was closing his hedge fund company and they would get their balances back, he was also feeding phony
Developer proposes razing Mount Vernon’s Rose Y for condo tower
MOUNT VERNON - A developer is proposing to demolish the Rose YMHA to build a 22-story condominium tower that would be partially above North Second Avenue.
Investigator found many questions in Israel’s background
An investigator whose company looked into Samuel Israel III's background for five clients found the former chief executive of Bayou Fund LLC lied about the work he did for a
Economists worry about consumer spending for holiday season
NEW YORK - The holiday shopping season is months away, but already a growing number of economists are predicting it could be even worse than last year - which is
IBM in talks with state to expand N.Y. operations
State officials and IBM Corp. are working on a deal that involves $90 million in state aid to spur more than $2 billion in private-sector investment over five years at
Insurer wants to sell wind, flood coverage in 1 policy
NEW ORLEANS - One of the nation's largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed
No end seen on reliance on oil, fossil fuels
WASHINGTON - World energy demand will grow 50 percent over the next two decades, oil prices could rise to $186 a barrel and coal will remain the biggest source of
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