Finance
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Grammy-winning artist Nelly is teamed up with HarbourView Equity Partners to sell 50% of his music catalog for $50 million. The partnership includes the acquisition of his chart-topping tracks, including the iconic “Ride Wit Me,” the popular collaboration “Dilemma” featuring Kelly Rowland, and the mega-hit “Hot in Herre.” Source: Baller Alert
Mayor Malik Evans launched the Rochester’s Guaranteed Basic Income program. The pilot program that would give $500 a month to around 350 families. To qualify applicants must: Be 18 years of age or older Live in a qualified census track in the City of Rochester Have lived in the City for at least one year […]
With More than 60% of professional athletes end up within five years of their retirement. That why the new B.A.L.L. for Life, a partnership with the National Urban League and Experian has started a financial and credit education program. B.A.L.L. for Life (Be A Legacy Leader) was announced at the recent Iverson Roundball Classic. Experian […]
What will Adidas do with all the unsold Yeezy shoes? The athletic and footwear brand company plans to sell its stock of unsold Yeezy shoes and will donate the proceeds from the sales to charity. CEO Bjorn Gulden said Thursday. Adidas cut ties with Ye, the rapper and fashion designer formerly known as Kanye West, late […]
What will Adidas do with all the unsold Yeezy shoes? The athletic and footwear brand company plans to sell its stock of unsold Yeezy shoes and will donate the proceeds from the sales to charity. CEO Bjorn Gulden said Thursday. Adidas cut ties with Ye, the rapper and fashion designer formerly known as Kanye West, late […]
Rochester’s gas prices have remained around $3.74 per gallon since last Monday. This comes after weeks of a slow increase, including by four cents the week earlier. Rochester’s prices are slightly more expensive than the statewide average for gas, which is $3.68 per gallon. That’s a difference from the national average, which fell by 7 […]
People with medical collections under $500 may see their scores increase by 21 points within the first quarter. Last month, the nation’s three main consumer reporting agencies announced the removal of medical debt collections under $500 from consumer credit reports. Source: Yahoo Finance
According to a new poll commissioned by No Kid Hungry New York, More than 70% of adults found it harder to afford groceries. Over the past 12 months and two in five adults reported not eating for an entire day, running out of food or experiencing another symptom of food insecurity. Families with kids in […]
Monday Treasury Secretary Janet Yellen suggested if changes aren’t made asap, the federal government could run out of money by June 1st and default on its upcoming debts. One of the suggestions that Janet Yellen made was for Congress to raise the nation’s debt ceiling. CBO says U.S. is likely to run out of cash […]
Bed Bath & Beyond filed for bankruptcy. The company website said “Thank you to all of our loyal customers. We have made the difficult decision to begin winding down our operations.” The company’s 360 Bed Bath & Beyond locations, along with its 120 buybuy BABY stores, will remain open for now, as will websites. The […]
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