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The economy is in turmoil. For many, debt is mounting, credit is tight, and spare cash is a luxury. You have questions, and Action News wants to help find the answers.
To submit a question to Action News, send an email to money@cnycentral.com.
For more financial information, click on the links below.
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- To go to CNYcentral.com's "Money Talks" page, CLICK HERE
- To go to CNYcentral.com's "Coping with the Economy" page, CLICK HERE
- To contact CCCS of CNY, call 800-479-6026 or CLICK HERE |
Thanksgiving dinner cost down this year
Yesterday at 6:39 p.m.
Turkeys are just one of many traditional Thanksgiving staples that have seen national price drops over the past year.
Lawmakers react to budget inaction in Albany
Yesterday at 4:54 p.m.
Governor Paterson and lawmakers left Albany Thursday without agreeing how to close a $3.2 billion deficit.
Black Friday bargains revealed on the web
Yesterday at 3:10 p.m.
Thanksgiving starts the busiest shopping season of the year and the day after Thanksgiving is known as Black Friday.
'Funky' fundraising for tough economic times
Thursday, November 19, 2009
Since he expects further cuts in state funding, Dowdell has turned to a proven fundraiser, Disco.
Penn Traffic warns of possible closures
Thursday, November 19, 2009
Several local leaders are getting a warning from Penn Traffic that some P&C stores could close.
State unemployment rate rises to 9%
Thursday, November 19, 2009
New York's unemployment rate inched to 9 percent in October from 8.9 in September.
Jobless benefits could end for many in January
Thursday, November 19, 2009
The expiration of an emergency measure at the end of the year means more than 1 million people will lose jobless benefits in January unless Congress does something soon.
Local charities report a growing need for food
Wednesday, November 18, 2009
New statistics out from The U.S. Department of Agriculture says nearly 15 percent of American households are going hungry.
Poll: NYers worry about deficit, blame lawmakers
Wednesday, November 18, 2009
A new poll shows New Yorkers are worried about the state's growing deficit.
Gov. Paterson criticizes inaction in Legislature
Tuesday, November 17, 2009
An angry Gov. David Paterson said Tuesday night that the Legislature is failing its duty to New York because they aren't negotiating a fiscally sound plan to reduce a $3.2 billion deficit.
SUNY Board proposes tuition increase
Tuesday, November 17, 2009
The State University of New York Board of Trustees on Tuesday called for a 2 percent increase in tuition, which would be the second straight year of increases.
Senators say no deal on state budget deficit
Tuesday, November 17, 2009
Senate Conference Leader John Sampson says a closed-door leaders meeting hasn't resulted in a deal to address New York's $3.2 billion deficit, only a commitment to keep talking for perhaps several more days.
Legislature passes new foreclosure protections
Tuesday, November 17, 2009
The state Legislature has passed a bill that will give New York state homeowners and renters more protection during foreclosures.
Financial 411 answering your money questions
Monday, November 16, 2009
Our phones were very busy as we answered your money questions:
Millions will have to repay part of tax credit
Monday, November 16, 2009
More than 15 million taxpayers could unexpectedly owe taxes because the government was too generous with their new Making Work Pay tax credit.
Noon Financial 411: Gold fund or Gold stocks?
Monday, November 16, 2009
Gold stocks are related to the cost of mining gold.
Southside Syracuse Supermarket a step closer
Sunday, November 15, 2009
Governor, leaders say there is progress on budget talks
Thursday, November 12, 2009
Gov. David Paterson and legislative leaders said Thursday that a plan to address the $3.2 billion deficit, which eluded Tuesday's special session, is targeted for approval early next week.
Towns prepare for less revenue
Thursday, November 12, 2009
Onondaga County collects sales tax and then shares it with the city and towns according to a formula. The formula is up for review in 2010.
Paterson, leaders say deficit talks continue
Thursday, November 12, 2009
Gov. Paterson is negotiating with legislative leaders to reach agreements on politically treacherous cuts to school aid and health care.
Jobless claims fall more than expected
Thursday, November 12, 2009
New claims for unemployment insurance fell more than expected last week, evidence the job market is slowly healing as the economy recovers.
Foreclosures dip 3 pct. in October from September
Thursday, November 12, 2009
A new report shows the number of homeowners on the brink of losing their homes fell last month.
Consolidation concerns in Skaneateles
Tuesday, November 10, 2009
The Mayor of the village of Skaneateles says the law is aimed at eliminating villages like his and the supposed tax savings could cost some taxpayers.
No deficit deals in Legislature special session
Tuesday, November 10, 2009
With the state drowning in deepening deficit spending and running out of cash to pay huge bills dues next month, New York's Legislature is poised to put off what Gov. David Paterson called the "tough decisions to save our state."
Pfizer closing three upstate R&D sites
Tuesday, November 10, 2009
Drug giant Pfizer Inc. is closing three locations in northern New York as it restructures research and development operations following its recent purchase of drug and vaccine maker Wyeth.
Stimulus spending: where the money went
Monday, November 09, 2009
Extended unemployment benefits and food stamps received almost $100 million of Onondaga County's stimulus benefit money.
Financial 411: Is the recession really over?
Monday, November 09, 2009
An extension of unemployment benefits was signed into law on Friday.
Disabled Central New Yorkers protesting budget cuts
Monday, November 09, 2009
Agnes McCray's quality of life depends on the care she gets.
NY products to taste!
Sunday, November 08, 2009
Showcase was in Albany for 13 years, moves to Syracuse next weekend
Manufacturing alive and well in CNY
Friday, November 06, 2009
Empire State Container in Syracuse is one of a growing number of smaller businesses that have managed to survive the tough economic climate.
Wal-Mart, Amazon, Target in price war
Friday, November 06, 2009
Wal-Mart Stores Inc. is upping the ante heading into the holiday season, trimming the online preorder prices of some upcoming DVDs following last month's price cut on books.
Jobless rate tops 10% for first time since 1983
Friday, November 06, 2009
The unemployment rate has surpassed 10 percent for the first time since 1983 - and is likely to go higher.
Obama to sign homebuyer, jobless bill assistance
Friday, November 06, 2009
Longtime jobless people and prospective homebuyers will be the main beneficiaries when President Barack Obama signs a $24 billion economic stimulus bill today.
GDP: What is it and why should investors care?
Thursday, November 05, 2009
GDP is Gross Domestic Product and simply is a way to measure if an economy is growing or contracting.
Senate votes to extend homebuyer credit, jobless benefits
Wednesday, November 04, 2009
The Senate voted overwhelmingly Wednesday to provide the jobless with up to 20 weeks in additional unemployment benefits and expand a first-time homebuyer tax credit to include a far larger pool of people entering the dormant housing market.
Clunker pickups traded for new pickups
Wednesday, November 04, 2009
The most common deals under the government's $3 billion Cash for Clunkers program, aimed at putting more fuel-efficient cars on the road, replaced old Ford or Chevrolet pickups with new ones that got only marginally better gas mileage.
Jets training camp has $4 million impact on county
Wednesday, November 04, 2009
A new report says the New York Jets training camp held at Cortland State this summer attraced 34,000 people and brought $4.26 million to the Cortland County economy.
Fed likely to keep key rate at record low
Wednesday, November 04, 2009
The Federal Reserve is expected to leave interest rates at their already record low levels.
Financial 411: Managing your money
Monday, November 02, 2009
We answer your questions about investing and financial coping
Get your money questions answered with 'Financial 411'
Monday, November 02, 2009
Today on Action News Live at Five, a panel of financial experts will be on hand to answer your questions on all things money-related.
Consumer spending falls 0.5 percent in September
Friday, October 30, 2009
Consumer spending plunged in September by the largest amount in nine months, reflecting the end of the government's Cash for Clunkers auto sales program.
Gov. Paterson warns budget deficit is growing
Thursday, October 29, 2009
Gov. David Paterson says the state now faces a deeper, $10 billion deficit over the next two years.
Changing face of manufacturing in CNY
Thursday, October 29, 2009
Manufacturing is still very much alive in Central New York.
Oswego breakwater wall project
Thursday, October 29, 2009
Good news for the Port of Oswego and Central New York.
Metro jobless rates fall as more workers drop out
Thursday, October 29, 2009
The unemployment rate fell in most metro areas for the second straight month in September, but economists say it's not a sign the job market is improving.
AP review finds problems with job creation numbers
Thursday, October 29, 2009
A review of jobs created or saved by President Barack Obama's economic recovery plan shows some of the numbers are overstated.
County considers OnCenter bailout
Wednesday, October 28, 2009
In addition to the hotel room occupancy tax, the Oncenter also plans to raise tickets prices.
Tough times, tough choices for youth agencies
Tuesday, October 27, 2009
Tough financial times send two intertwined youth agencies in different directions.
Gov't may say recession over but not job losses
Tuesday, October 27, 2009
Economic numbers coming out in the next week or so are expected to make it technically official -- the recession is over, but not the pain.
New warnings about phishing scams
Monday, October 26, 2009
Williams says the same guidelines as for phone, email or mailed messages apply: don't give information out unless you've initiated the call.
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