Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

ental rates continued to soar in Rochester, posting a double-digit spike in May as median rent inched closer to $1,400.

More potential homebuyers will be priced out of the already tight housing market and others will scale back their price point after today's rate hike by the Federal Reserve, according to the National Association of Realtors.

As New York prepares to issue licenses for cultivating, processing and selling of legal cannabis products, the state is working to change the perception of marijuana.

Jim Glassman felt something was different about Rochester on his most recent trip here. 

Workers at U.S. small businesses saw the 12th consecutive month of increasing hourly earnings gains, while the pace of job growth slowed in May, according to the latest Paychex | IHS Markit Small Business Employment Watch.  

Workers left their jobs in droves over the past two years as the coronavirus pandemic upended life, leaving many employers short staffed and competing for fewer applicants, but firms are adjusting to the new realities and refocusing efforts to attract ...

As Monroe County sought ways to curtail ongoing staffing issues at Monroe Community Hospital last year, County Executive Adam Bello wanted to hear directly from employees. The input from one woman hit home. “She said, ‘I can work across the ...

In 1960, three engineers and a lawyer founded RF Communications in Rochester, focused on the emerging long-range radio market. They were onto something. Fast forward to 2022 and that homegrown operation is part of L3Harris Technologies Inc., the leading global ...

If you’re in your 50s – o.k. early 50s – you probably remember a time when a gallon of gas cost less than a dollar, when a gumball cost a penny and when a giant shopping cart of groceries cost ...

Over the past decade, investors experienced a best-case scenario of relatively low inflation and strong investment returns from both stocks and bonds. A retirement portfolio could maintain or even grow in value, enabling a retiree to comfortably sustain a withdrawal ...

With the country facing rising inflation and interest rates, as well as the lingering COVID-19 pandemic and the war in Ukraine, it’s quite normal for individuals to be concerned about the current states — and futures — of their investment ...

Rochester is on its way to becoming a national hub for technology innovation. Experts predict that it has the highest potential of any city in America for developing high-tech, high-income jobs. It’s incredible news for the region’s economic development. Area ...

Sometime in the hopefully not-too-distant future, health and safety concerns will have improved so that Governor Hochul will declare an end to the COVID-related state of emergency in New York. By signifying that sufficient progress has been made in reducing ...

Kevin Schulte doesn’t mince words when it comes to whether a business should consider solar energy options. “Right now, in 2022, is the greatest opportunity to invest in clean energy and clean energy technologies than there has been in the ...

KORE, an Internet of Things solutions and management services firm, is growing in the Rochester area