economies

Not yet three months into a second term, President Donald Trump has taken difficult, but necessary, actions to rein in the scope of a federal governme...

WASHINGTON — President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from Ch...

ALBANY (TNS) — Tariffs from the Trump administration that took effect Tuesday are expected to disrupt the agriculture industry in New York, where farm...

SYRACUSE (TNS) — The operator of New York’s electric grid expects that President Donald Trump’s tariff on Canadian imports could increase power costs ...

The changing fiscal landscape could hinder local governments’ budgets, New York State ComptrollerThomas P. DiNapoli warns in his recent report. The co...

The Trump administration is doubling down on deregulation. Quite literally, in fact: Where the previous Trump administration removed five regulations ...

NEW YORK (TNS) — There is one surefire way to know when someone is trying to pull one over on you: If they’re promising something for nothing — whethe...

The federal deficit will be $21.1 trillion in the 10-year period from 2025 to 2034, according to projections in the Congressional Budget Office’s bian...

Most area sales taxing bodies saw lower receipts in 2024 than in 2023, the state's fiscal watchdog reported, and all reported December collections low...

ITHACA — The dairy industry could lose billions of dollars if President Donald Trump imposes tariffs on products from China, Canada and Mexico, and be...

OLEAN — A spending and hiring freeze across city government has been triggered by six-figure sales tax losses. In a letter obtained by the Times Heral...

Donald Trump’s planned tariffs onMexicoandCanadaare also dealing a blow to some of the U.S.’s closest allies inAsia. Japanese automakers and South Kor...

NEW YORK (TNS) — The housing market appears to be starting 2025 in much the same way as it started 2024, with elevated mortgage rates, low levels of t...

Gov. Kathy Hochul’s budget presentation included a number of Assembly Minority Conference ideas, but at its core, the plan still fails to properly pri...

WASHINGTON (TNS) — “Inflation is always and everywhere a monetary phenomenon,” Milton Friedman once said. In other words, don’t blame greed — blame th...

Local unemployment rose in November, but with lower rates than a year ago according to state officials. The state Department of Labor this week report...

ALBANY — Public employee unions complained loudly when New York’s state government workforce shrank during the coronavirus pandemic, using that decrea...

Local sales tax receipts continued to fluctuate in November, state officials said Tuesday. The Office of the State Comptroller reported that sales tax...