Finance
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Turkeys aren’t known for flying but their prices are soaring ahead of the Thanksgiving holiday. A September outlook report from the United States Agriculture Department estimates that wholesale prices for frozen turkeys will be $1.32 per pound this year, a 40% increase from 2024’s average of $0.94 per pound. The wholesale price is what retailers pay to buy […]
Rochester City Council voted Tuesday in favor of appropriations, loans and tax incentives for local development projects to provide affordable housing — while redeveloping an old building that had become a downtown eyesore and creating a new branch of the public library. Among them: Cain Properties’ redevelopment of the old Hotel Cadillac on Chestnut Street […]
If you’ve checked your mail lately, you might have noticed something new: a check from New York State. It’s part of a one-time payment meant to give taxpayers some breathing room as prices continue to rise as a direct result of the COVID-19 pandemic. So far, the state has sent out about four million of […]
Americans will spend a record $13.1 billion on Halloween this year, but rising prices mean they’re getting less for their money. Costume and candy costs are up due to tariffs and inflation, with candy alone 8% higher. Average spending is $114.45 per person, $11 more than last year. Despite this, 73% of Americans still plan to celebrate. Consumer Alert: Halloween […]
Governor Kathy Hochul announced that New York’s maximum weekly unemployment insurance benefit will rise from $504 to $869 starting next week. The increase aims to provide greater relief amid the ongoing federal government shutdown, which has left thousands of workers without pay. Employers will also see savings—an average of $100 per employee—since they will no […]
Some insurers, including Excellus, are trimming Medicare Advantage offerings for 2026 amid reduced reimbursements and rising care and drug costs. Affected members received termination notices and must select new coverage by year-end or revert to Original Medicare—often without Part D drug benefits unless they enroll separately. Excellus cited a 2023 Medicare wage-index change that it […]
The government shutdown is leaving many federal services on pause. Tens of thousands of the over 115,000 federal employees in New York State are out of work, Gov. Kathy Hochul says, while essential employees like air traffic controllers are working unpaid. So, what federal services will and won’t be impacted in the Rochester area? WHEC -TV […]
New York State has begun mailing inflation refund checks to 8.2 million households, aiming to help residents with rising costs due to inflation. Most residents are eligible for a one-time payment between $150 and $400, depending on income and filing status. You’re eligible if you filed a state income tax return for 2023, weren’t claimed […]
A friend tells you they are having problems with their bank account and asks whether they can use yours to receive money they will withdraw or move on. Someone approaches you at a party and tells you they made $200 in a couple of weeks, and all they had to do was take some money […]
Gen Z trusts financial experts far more than any other generation, but they remain skeptical of TikTok advisers, according to a new report from GOBankingRates. While 64 percent of Gen Z (ages 18 to 24) said they trust financial experts completely or somewhat, 53 percent of Gen Z said TikTok was the least trustworthy source for financial advice. Gen Z […]
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