Headlines Business

State Sales Tax Revenue Slows in First Half of 2016

State Comptroller Thomas DiNapoli says statewide sales tax revenues are slowing down this year, posing a possible revenue problem for state and county governments. His report says local sales tax collections grew by only 1.7 percent in the first half of 2016. That’s less than expected and shows economic growth slowing from 2.6 percent in […]

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Headlines Business

United States Senator Chuck Schumer says the National Science Foundation has allocated $2 million in federal funding for photonics research at the University of Rochester. The New York Democrat says researchers will use it to investigate quantum photonics with an eye to creating silicon based photonic computer chips. They could massively speed up information processing […]

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