Finance
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Curtis “50 Cent” Jackson and the NFL’s Washington Commanders have a new multi-year partnership with Sire Spirits. As part of the partnership, Sire Spirits’ Branson Cognac will be the Official Cognac of the Washington Commanders, and Le Chemin Du Roi will be designated as the Official Champagne of the Washington Commanders. Jackson’s 501(c)(3) philanthropic arm, […]
Three months since construction began on their new stadium, the Buffalo Bills are already facing a potential cash crunch with the latest projections having the team on the hook for as much as $300 million in cost overruns, four people with direct knowledge or who were briefed on the financial details told The Associated Press this […]
Back at the office or remote work? What about the hybrid model? What workplace setting works for you? A new study published by Deloitte illustrates just how tied executive professionals, specifically in the financial sector, are to flexible working arrangements. Out of 700 full-time executives at U.S financial services organizations, 66% of executives who work remotely at least part-time […]
Goldman Sachs economists expect the economic impact of artificial intelligence to rival previous big technological advances, such as the electric motor and personal computer. Investments in AI could reach around $200 billion globally by 2025, they said. The U.S. is positioned as the market leader. They estimate AI investment could reach $100 billion in the U.S. […]
ESL Federal Credit Union is cautioning its members about a scam alert in the Greater Rochester region. The credit union has been notified by its members about text messages they’ve received, alleging that their ESL debit card transactions require verification. The deceptive text message supposedly includes a phishing link. ESL advises its members to disregard […]
The City of Rochester received $244,000 with the help of ESL Federal Credit Union to kick off a pilot program that will help children start savings accounts. The pilot program will start by next year and plan to make it city wide in two years. https://www.whec.com/local/city-of-rochester-gets-grant-to-help-children-start-savings-accounts/
The first Black sorority Alpha Kappa Alpha (AKA) has launched its own credit union, becoming the first Greek letter organization to achieve the feat. The “For Members Only,” or FMO, credit union is the first Black-owned, women-led, sorority-based digital banking financial institution in the history of the United States, according to a report by ABC7 Chicago, […]
With no winner over the weekend for the Powerball, the jackpot will jump to $900 million. The top prize is the third biggest Powerball jackpot and the seventh largest in U.S. lottery history, Powerball said in a statement early Sunday. The game’s abysmal odds of 1 in 292.2 million are designed to build big prizes […]
After no one won the jackpot for Monday’s Powerball drawing. The grand prize jumped to an estimated $725 million – the seventh largest Powerball jackpot, according to lottery officials. The next drawing will be on Wednesday for the massive prize, which has an estimated $366.2 million lump-sum cash value before tax, according to Powerball. Monday’s […]
A new study from Bankrate shows that Americans say they need to earn over $200,000 dollars a year to feel financially comfortable. The average yearly household income in the United States is near $ 70,000 the data also says Americans believe earning $500,000 yearly will help them achieve financial freedom. We’ll get Dr Cheryl McKeever […]
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