WIBX 950 » economy

Steak 'N Shake Server Gets a Whopping 7,000% Tip

Emerald Catron — Sun, 19 May 2013 00:43:43 +0000

CeCe Bruce had been working at a Steak n' Shake in Indiana for two years when she received the tip of a lifetime. After watching Bruce deal with some rude customers, a regular tipped $446 on her $5.96 check -- that's a 7,000 percent tip.

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McDonald's Is Dropping Angus Burgers From Its Menu As Beef Prices Reach An All-Time High

Kristine Bellino — Fri, 10 May 2013 15:32:05 +0000

Fast food giant McDonald's is trimming the beef, in a big way. The Angus burgers is being eliminated, at least temporarily.

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Cuomo Spending $60 Million On New York Tourism

Kristine Bellino — Thu, 09 May 2013 12:08:53 +0000

Sixty million dollars will be spent by New York State to boost tourism. Governor Andrew Cuomo is announcing that he's planning to create a commission to lure big ticket events to New York.

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Solid April Jobs Report Shows Dropping Unemployment Rate, Business Expansion

Chris Chaberski — Sat, 04 May 2013 13:36:35 +0000

The economy added 165,000 jobs in April, bringing the overall unemployment rate down a tick to 7.5 percent. The monthly report from the Labor Department also included upward revisions to the last two reports, helping to ease fears of a slowdown.

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Sears Portrait Studios Shutting Its Doors

Drew Weisholtz — Fri, 05 Apr 2013 12:10:13 +0000

The days of getting dolled up for photos at Sears are over.

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Surprising Study Reveals Successful Women Fear Becoming Bag Ladies

Drew Weisholtz — Thu, 28 Mar 2013 18:40:10 +0000

Financial security is a goal a lot of women have accomplished, but many still think they're head for the poorhouse.

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The Nation's Unemployment Rate Drops, Twelve Million People Unemployed

Kristine Bellino — Fri, 08 Mar 2013 15:14:05 +0000

The Labor Department is releasing its monthly unemployment figures.

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Economy Added 157,000 Jobs in January

Chris Chaberski — Sat, 02 Feb 2013 12:02:44 +0000

The Labor Department announced that the U.S. economy added 157,000 jobs in January. The unemployment rate inched upward by a tenth of a point, to 7.9 percent.

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Tenney To Cuomo: "Hemorrhaging Of Businesses And Residents Needs To Stop"

Gino Geruntino — Fri, 01 Feb 2013 23:07:53 +0000

Assemblywoman Claudia Tenney is urging Governor Andrew Cuomo to rethink his recently passed gun legislation, claiming it comes at a high cost to the Upstate New York economy.

In a letter written to the Governor, Tenney calls the NY Safe Act an "unprecedented assault on gun manufacturers" and "feel-good legi

McDonald's Suffers First Sales Drop Since 2003

Mike Adams — Fri, 16 Nov 2012 17:12:51 +0000

The Golden Arches are sagging just a little bit, as fast-food kingpin McDonald's reported a near 2 percent decline in overall revenue for their locations that have been open for at least 13 months. Industry experts say this is the first time the burger giant has experienced a month-to-month drop in that sector since spring 2003.

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Independent, Not-For-Profit Colleges Provide $63B For State Economy

Gino Geruntino — Tue, 16 Oct 2012 15:32:21 +0000

Utica, NY (WIBX) - Upstate New York colleges provided nearly $23 billion in economic activity during 2011, according to the Commission on Independent Colleges and Universities.

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Were The Vice President's Comments Inappropriate?

Kristine Bellino — Wed, 15 Aug 2012 11:57:55 +0000

Marcy, NY (WIBX) - Vice President Joe Biden addressed a crowd and made what can best be described as a statement he may now regret.

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VP Biden May Wish Y'all Didn't Listen So Closely

Kristine Bellino — Wed, 15 Aug 2012 11:55:53 +0000

Danville, VA (WIBX) - During a speech in Danville, Virginia yesterday, Vice President Joe Biden criticized Republican candidate Mitt Romney's banking policies, saying, "...n the first one hundred days he's going to let big banks once again write their own rules. Unchain Wall Street. They're going to put y'all back in chains."

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More Workers Are Telling Their Employers to Take This Job and Well, You Know…

Danny Gallagher — Thu, 19 Apr 2012 15:04:39 +0000

The job picture might look bleak overall, but there are a lot of positive signs that things could be turning around.

One of the most interesting indicators are the number of workers who are quitting their jobs.

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Best Buy Closing 50 Stores

Kristine Bellino — Thu, 29 Mar 2012 18:14:44 +0000

Richfield, MN (WIBX) - Not even a successful Daytona 500 sponsorship can help. Citing losses of nearly $1.7 billion, Best Buy is firing nearly 400 employees and closing 50 stores nationwide.

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Is the Economy Getting Better? – Survey of the Day

Jeremy Taylor — Tue, 21 Feb 2012 14:40:53 +0000

Over the last few months, there has been some data that suggests the sluggish economy could be improving. Mainly, the unemployment rate, which has dropped to 8.3 percent after reaching a 26-year high of 10 percent in late 2009. However, according to a new survey from Poll Postion, the public is split on whether America is entering into a period of economic recovery.

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Who's Struggling the Most With the Recovering Economy? – Dollars and Sense

Shauna Wright — Fri, 10 Feb 2012 16:08:49 +0000

Just about everyone was hit hard by the bad economy and had to change their lifestyles in at least some small way. Now that we’re all attempting to regain our footing, there’s actually one group of people having a harder time doing so than everyone else.

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Is Warmer Winter Weather a Boon for the Economy? — Dollars and Sense

Shauna Wright — Thu, 19 Jan 2012 15:41:39 +0000

People can argue about climate change, but they can’t argue with this: so far, 2012 has had some bizarrely warm weather.

And while that may be bad for snow-reliant ski resorts, it’s actually been good for a variety of other industries.

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New Yorkers Plan On Spending More

Gino Geruntino — Tue, 22 Nov 2011 20:18:51 +0000

Loudonville, NY (WIBX) - New Yorkers plan to spend a little more on gifts this year, according to a new Siena Research Poll.

Seven percent of shoppers plan to spend more this holiday season, up three percent from last year

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Givers Are Now the Needy as America's 'New Poor' Head to Food Banks [VIDEO]

Shauna Wright — Tue, 22 Nov 2011 18:23:23 +0000

Along with lost jobs and the housing market crash, America’s economic woes have taken another toll: one in six people — 49 million in all — are having trouble keeping food on the table, especially in Forsyth County. Although this Atlanta suburb’s average household income reaches $88,000, one of the highest in the US, their food banks have never been busier feeding the needy.

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