Finance

To commemorate the centennial of the Tulsa Race Massacre, President Biden toured the Greenwood Cultural Center. Plus, met with the remaining three survivors of the violence and racist mob of whites that attacked a thriving Black community. “For much too long the history of what took place here was told in silence, cloaked in darkness,” […]

Get ready for Memorial Day weekend gas prices to go up. The national average for the price of gas is just over $3 per gallon. That’s the same for Monroe County and highest since 2014. AAA predicts 37 million Americans will travel by road and air this holiday weekend. The forced shutdown of the Colonial Pipeline after a […]

Yesterday, Mayor Lovely Warren presented her budget proposal for the 2021-2022 fiscal year. For this proposal, public safety and raising equity among citizens are some highlights of the key elements of the budget. Warren stated that the $560.8 million budget keeps the property tax levy at $187.6 million. There are also no added fee increases […]

Hip-Hop mogul Jay-Z is adding to his portfolio by investing in the fitness company Lit Method. Jay’s venture capitalist firm Marcy Venture Partners invested in the Los Angeles-based fitness company for an undisclosed amount. Lit Method, founded by Justin and Taylor Norris, specializes in low-impact, high-intensity training using their signature Strength Machine. The machine works […]

President Joe Biden signed an executive order requiring employers to be paid $15 minimum wage to workers covered under a federal contract. Right now, the minimum wage for workers under federal contact is $10.95 per hour. All federal agencies will be required to incorporate a $15 minimum wage in new contract solicitations starting Jan. 30, 2022. […]

Heritage Christian Services announced that it will be raising its workers’ base wages to $15 an hour, including residential staff that will raise to $15.75 an hour. Heritage Christian Services is the seventh-largest employer in Rochester. A quote from the President and CEO Marisa Geitner: “This is a social justice commitment. People who choose a […]

Federal aid is available for restaurant and bar owners in New York in a COVID relief package. $28.6 billion is available, and the money is to cover COVID-related losses from this year and last.  U.S. Senate Majority Leader Chuck Schumer says hundreds of restaurants in NY are at risk of closure without these funds. Each […]

Forbes latest list of Black Billionaires has Robert F. Smith at the Top. With $6 billion fortune made in private equity, Smith is the 451st wealthiest person in the world. Jay Z  Kanye West, Oprah Winfrey and Tyler Perry also, has made the list. Here are the Richest Black People on the list of the […]

Over the past year, while some of the most contentious Black Lives Matter protests of 2020 erupted in Portland, Oregon, a 29-year-old man Cameron Whitten started receiving a plethora of messages from friends from all over asking how he was doing. At first, Whitten had taken these messages as a “did something happen to me?” […]

According to a new Harvard Business School Online survey. Most people enjoy working remotely and want the option to keep doing so after the pandemic. Most of the 1,500 people surveyed say they excelled and even grew in their professions. But the survey also showed that while most employees miss their colleagues and other aspects of […]