Topic: Elmira (New York)

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  • Crunch time at Postal Service: Five questions about post office closings.

    Crunch time at Postal Service: Five questions about post office closings.

    Among the thousands of post offices under review for closure is a cramped branch in downtown Elmira, N.Y., bustling on a rainy summer afternoon. It was, until recently, a place retiree Charlotte Dumas took for granted. She visits the downtown branch about three times a week. "I would hate to see it close," she says. "It's so convenient." And it's a bargain. The United States Postal Service (USPS) delivers an average of 563 million pieces of mail a day, six days a week. For a 44-cent stamp, you can send a letter to the far reaches of the nation. Rain, sleet, and manic dogs don't stop the service, which carries mail by pack mule to the Havasupai Indian reservation at the bottom of the Grand Canyon and operates branches in towns of fewer than 100 residents. Too good to be true? It might soon be. To help close a $20 billion revenue shortfall by 2015, the USPS may be forced to shutter as many as 3,700 post offices nationwide.

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  • Intense storms strike Northeast, cleanup begins

    A state of emergency and curfew remains in effect in Elmira, N.Y., as crews continue clearing trees and repairing power lines that were brought down by a possible tornado.

  • Crunch time at Postal Service: Five questions about post office closings.

    Crunch time at Postal Service: Five questions about post office closings.

    Among the thousands of post offices under review for closure is a cramped branch in downtown Elmira, N.Y., bustling on a rainy summer afternoon. It was, until recently, a place retiree Charlotte Dumas took for granted. She visits the downtown branch about three times a week. "I would hate to see it close," she says. "It's so convenient." And it's a bargain. The United States Postal Service (USPS) delivers an average of 563 million pieces of mail a day, six days a week. For a 44-cent stamp, you can send a letter to the far reaches of the nation. Rain, sleet, and manic dogs don't stop the service, which carries mail by pack mule to the Havasupai Indian reservation at the bottom of the Grand Canyon and operates branches in towns of fewer than 100 residents. Too good to be true? It might soon be. To help close a $20 billion revenue shortfall by 2015, the USPS may be forced to shutter as many as 3,700 post offices nationwide.

  • Home sales down. But six cities defy housing gloom.

    Home sales down. But six cities defy housing gloom.

    Home sales plunged in July and housing prices may dip again. But in six metropolitan areas, the housing picture is far brighter: Home values are rising and median prices are already well ahead of their peak during the housing bubble. What allowed these metro areas to beat the downturn in home sales prices? Two are state capitols. Five have lower-than-average unemployment. All of them had undervalued real estate, even at the height of the housing boom, says Lawrence Yun, chief economist for the National Association of Realtors (NAR). When mortgage rates fell, "they had room to grow" and home sales rose. Is your city on the list? Click on the right arrow to see each metro area:

  • Elmira, N.Y.: unlikely darling of the housing market

    The New Economy Elmira, N.Y.: unlikely darling of the housing market

    Elmira, N.Y., escaped the housing market turmoil that spread throughout the rest of the US during the recession. How'd they do it?

  • Six ways bosses can cut your pay – and what to do about it

    The New Economy Six ways bosses can cut your pay – and what to do about it

  • What schools learned about safety since Columbine

    A supportive culture on campus is key, but some schools rely too heavily on security technology.

  • To minimize layoffs, employers cut worker hours

    To minimize layoffs, employers cut worker hours

    The practice is spreading as the US unemployment rate hits 7.6 percent.