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Russell "Rusty" Gloor

Ask Rusty: When Should My Wife Claim SS Benefits?

Dear Rusty: I turned 64 in July and my wife turned 62 in August. My wife has not worked for about 15 years but does qualify for Social Security (SS) on her prior work record. My wife is having some physical issues and would like to not return to work. Since she is eligible to […]

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Report: Most Central New York regions added jobs in October

The Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, and Elmira regions all gained jobs between October 2023 and this past October. Bucking the trend, the Ithaca area lost jobs in that same period. That’s according to the latest monthly jobs report that the New York State Department of Labor (NYSDOL) issued on Nov. 14. October jobs data

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Cazenovia College Campus

Local investor group plans to buy Cazenovia College campus

CAZENOVIA — A local investor group is planning to buy the campus of Cazenovia College. The group calls itself 9 Fresh, and Village of Cazenovia Mayor Kurt Wheeler confirmed its plans for the campus in an email to CNYBJ. No expected purchase price was disclosed. The campus closed due to financial difficulties following the 2022-23

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Robert W. Patterson

VIEWPOINT: IRS Clarifies 403(b) Plans’ Obligations to Part-Timers

On Oct. 3, 2024, the Internal Revenue Service (IRS) released important guidance on the obligations of 403(b) plan sponsors to their part-time employees. Under recently passed legislation that is effective Jan. 1, 2025, a long-term, part-time (LTPT) employee — one who works 500 or more hours in each of two consecutive years — must be

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Soybean field

New York soybean production forecast to have jumped nearly 16 percent this year

Farms in New York state are estimated to have produced nearly 20.1 million bushels of soybeans in 2024, up 15.8 percent from more than 17.3 million bushels the prior year. That’s according to a USDA National Agricultural Statistics Service (NASS) crop-production report issued on Nov. 8. The total soybean yield per acre in New York

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OPINION: New Data Shows New York Nowhere Near Energy Goals

New York progressives have put the state on a fast track to an energy overhaul that has consistently raised feasibility concerns from the day it was conceived. The shortcomings of New York State’s energy goals are concerning to nearly everyone who has looked objectively into the realities of the plan. Now, two new reports reinforce

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Lee Hamilton

OPINION: The Voters Have Again Chosen Trump: What it Means for Foreign Policy?

The voters have spoken, and Donald J. Trump will be the 47th president of the United States, [after having also served as the 45th.]. With a Republican-controlled Senate and [a narrow majority] in the House, Trump will be in position to implement his agenda, starting in January. What does that mean for foreign policy? It’s

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Mallory Conway

VIEWPOINT: Strategies for Success: Top 5 Audit & Compliance Challenges

For financial institutions The regulatory compliance environment is becoming increasingly complex for financial institutions. A multitude of challenges — ranging from representment fees and fair-lending practices to AI privacy concerns, adjustable-rate mortgage compliance, and interest-rate risk management — demand meticulous attention from internal audit and compliance teams. Here are several strategies that financial institutions can

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