economy

File Image/Marketplace (Kai Ryssdal & Robert Garrova)

The bulls ran wild in 2017 and into 2018 but have now given way to a sharp drop in the stock market. The Dow Jones Industrial Average dropped more than 1,100 points on Monday, which followed a 666-point decline on Friday. WBFO asked a local financial advisor, what's going on in the stock market?


File Photo / WBFO News

The visual images on television were very clear: Republicans were vocal in their praise of President Trump's State of the Union message, while Democrats were not wearing out their hands with applause. However, there was one issue that seemed to cross the aisle: infrastructure.

Updated at 7:16 p.m. ET

President Trump is planning a bipartisan pitch to Congress with his first State of the Union address on Tuesday, but he will have his work cut out for him with a public that is more divided than ever.

"Tonight, I want to talk about what kind of future we are going to have, and what kind of nation we are going to be. All of us, together, as one team, one people, and one American family," Trump will say, according to excerpts of the speech released by the White House.

WBFO News / WBFO

State Comptroller Thomas DiNapoli has joined a national coalition in supporting the country's Clean Power Plan.

Invest Buffalo Niagara

A new suite of reports on the local labor market has been released to help attract businesses and talent to Western New York.

Voters head to the polls next week with every seat in the New York State Legislature up for grabs. But will Albany's costly effort to create jobs make a difference in the election?

www.buffaloniagara.org

“Invest Buffalo Niagara.” Those 3 words will be the rallying cry of advocates who are charged with marketing the region to new and expanding businesses.

WBFO's Omar Fetouh / WBFO News

A new group has been launched to help expand Uber, Lyft and other ridesharing platforms across the state. The effort is being led by the Internet Association, which represents dozens of well known companies, from Amazon to Zenga.

siena.edu

A new consumer sentiment study shows New Yorkers are thinking twice before reaching for their wallets.

New program launched to promote living wage

Jan 27, 2015
Coalition for Economic Justice

Employers who pay workers a living wage can apply for certification in a program that will encourage customers to patronize enrolled businesses.

Upstate NY CEO poll shows good outlook for 2015

Jan 26, 2015
Siena Reasearch Institute / WBFO News

A poll of upstate New York CEOs finds companies are more positive and prepared to do business in the coming year.

Avery Schneider / WBFO News

Some real life perspective on the Ebola epidemic in West Africa was brought to light at Daemen College Monday night.

File photo

A pilot project designed to reduce congestion on the Peace Bridge got underway last week, but Rep. Brian Higgins says pre-inspection is not enough. Higgins is once again calling for a new span between Buffalo and Fort Erie.

A new report on the status of workers finds the period since the 2008 market crash may turn out to be a “lost decade” for New Yorkers, as wages stagnate and the average time for unemployment lengthens.

Chris Caya/WBFO News

Private and public sector employers across Western New York are being encouraged to support one another and boost the economy in the process through the Buffalo-Niagara Partnership's 'Buy Local Challenge.'