Finance
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Governor Hochul delivered her first proposal from the 2025 State of the State affordability agenda, and announced New York State’s first-ever Inflation Refund, which would deliver about $3 billion in direct payments to around 8.6 million New York taxpayers statewide in 2025. This new refund would send a payment of $300 to single taxpayers who […]
As President-elect Donald Trump signals a rollback of federal health care initiatives, states are becoming the new battleground for medical debt relief. Advocates are focusing on legislation to keep medical debt off credit reports, regulate predatory medical credit cards, and expand hospital financial aid programs. This shift comes as fears grow that Trump’s administration may […]
Visa is expected to increase some fees it charges merchants and banks for credit card payments starting Jan. 1, according to a notice last month from the processor Global Payments. That Oct. 10 notice says Visa’s “misuse” fee paid by merchants will jump by two-thirds to 15 cents, from 9 cents per transaction, while a […]
With cyber shopping season approaching for Christmas there was a report about the buy now pay later options also known as (BNPL) saying how this is very convenient for customers to be able to receive their products before paying in full, but the dark side of these options could cost more money or leave you […]
The personal finance world is awash with different strategies and challenges aimed at reducing spending, avoiding debt and bulking up savings. This time of year, you might encounter people trying out “No Spend November.” But finance experts warn this challenge is not for everyone, and there are some serious drawbacks to consider before you embark […]
Jay-Z’s Shawn Carter Foundation, in partnership with the Wharton School and Toyota Motor North America, has launched the Champions for Financial Legacy (CFFL) initiative to enhance financial literacy among HBCU students. Based on Wharton’s Bridges to Wealth program, CFFL emphasizes real-world applications, equipping students with skills in budgeting, investing, and wealth-building to foster economic success […]
The predictions are in. And experts believe Americans are going to open their wallets this holiday season. That’s the topic of today’s Consumer Alert. In fact, the National Retail Federation predicts Americans will spend up to $989 billion, about $298 billion of which will be spent online. That’s about 30 percent. Scammers follow consumer behavior. […]
Robin McElroy, a Morgan Park resident, has cherished her Chicago home since purchasing it in 2012. But now, she’s facing panic and frustration over a mix-up involving unpaid property taxes. Despite proof of consistent payments since 2012, McElory recently received a letter from the Cook County Circuit Court stating her home was sold for delinquent […]
Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge with other airlines left it little choice. The airline said it will continue to operate as it restructures its debt. “Spirit expects to continue operating its business in the normal course throughout […]
Anthony Hall, a former City of Rochester employee and former leader of the violence prevention organization “Pathways to Peace,” pleaded guilty to grand larceny for stealing funds from a local nonprofit. Hall, 38, admitted to taking over $1,000 from the Coalition of North East Associations, Inc. (CONEA), where he volunteered. The nonprofit, focused on housing, […]
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