Finance
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The Biden administration, through the Consumer Financial Protection Bureau (CFPB), has proposed new federal regulations to remove medical debt from credit reports. If implemented, these rules would protect millions of Americans struggling with unaffordable medical bills. Vice President Kamala Harris emphasized that no one should be denied economic opportunities due to medical emergencies. The administration […]
Looking for a job? Well, “ROC the Block” job fairs will be starting on Wednesday, June 12th at the Maplewood Rose Garden from 11 a.m. to 2 p.m. Businesses, recruiters, non-profits, and community organizations will be there, with some doing interviews on the spot. Can’t make it Wednesday,? Here’s the other ROC The Block job […]
Governor Kathy Hochul has unexpectedly paused New York’s congestion pricing plan, set to start June 30, citing economic concerns. The plan would have charged motorists up to $15 to enter Manhattan’s business district, aiming to reduce traffic and generate revenue for the Metropolitan Transportation Authority (MTA). Hochul expressed concerns about the financial impact on working […]
TJX Companies the parent company of retail stores such as TJ Maxx, Marshalls and HomeGoods — is equipping employees with body cameras to thwart theft. Over the past year, the company started using body cameras in certain stores across its U.S. portfolio, which also includes Sierra and Home Sense, as a means to “de-escalate incidents, deter […]
In 2023, CEO compensation packages for S&P 500 companies surged by nearly 13%, far outpacing the 4.1% wage increase for private-sector workers amid rising inflation. The median CEO pay reached $16.3 million, making the typical CEO earn nearly 200 times more than their median employee. Economic resilience and robust profits bolstered stock prices, leading to […]
Melinda French Gates has announced a $1 billion donation over the next two years to support women and family rights globally, including reproductive rights. In a New York Times opinion piece, she emphasized the urgency of supporting women’s organizations facing increasing restrictions on abortion and other rights. French Gates’ decision follows her recent departure as […]
Rush-Henrietta Superintendent Barbara Mullen will present a revised budget proposal at a Board of Education meeting on Tuesday night. The initial budget for the 2024-2025 school year failed to pass by just fifteen votes, leading to a revote scheduled for June 18. Mullen explained that the district had three options: adopt a contingency budget with […]
Target has announced a major price reduction on over 1,500 popular items, starting immediately, in an effort to attract shoppers deterred by inflation. The retailer plans to cut prices on a total of 5,000 items over the summer, aiming to save consumers millions of dollars on everyday essentials like milk, fresh fruit, diapers, and pet […]
New York’s EBT system changes have been completed and the system is expected to become unavailable starting at 12:01 a.m. on Sunday, May 19 and will last until the late afternoon the same day. The outage will only affect EBT cardholders, which means they will not be able to access food or cash purchases/withdrawals. The […]
Credit card delinquencies are on the rise, as research from the New York Federal Reserve shows nearly a fifth of borrowers are “maxed-out.” According the new report, issued by the bank’s Center for Microeconomic Data, household debt rose by 1.1 percent, or $184 billion, in the first quarter of the year, bringing the total to $17.69 […]