Finance
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Yesterday, President Joe Biden announced his administration is banning Russian oil, natural gas, and coal imports to the US in response to the Russian invasion of Ukraine. However, don’t expect the gas prices to go down anytime soon. Due to the supply shortage, this could lead to a spike in gas prices at home (even […]
While Governor Hochul was in Rochester yesterday morning, she took the time to address what New York State could do to help with the fast-rising gas prices. In a press release from a company called GasBuddy, they reported a 61-cent jump compared to February and a $1.43 difference since 2021. Currently, there are no clear […]
Did you spend all your emergency savings during the pandemic? A new study reveals that Black respondents are 43% more likely than overall respondents to have spent their emergency savings since the COVID-19 pandemic began. The study by Real Estate Witch was based on an online survey done in late January of 1,000 people questioned […]
It seems like the gas prices are getting higher by the second, and locals are not the only ones who have noticed. As prices surge because of the uncertainty of the supply coming out of Russia in the wake of the invasion of Ukraine, Democrats are now joining the call from Republicans to have NYS […]
Last month, U.S. employers added 678,000 jobs, which is the largest gain since last July. According to data, the unemployment rate fell to 3.8% last month, from 4% in January and job gains for December and January were also revised up by a total of 92,000 jobs. Nela Richardson, the chief economist for the payroll […]
The City of Rochester is asking residents’ how it should spend $10 million it was awarded from Empire State Development for Downtown Revitalization initiatives. This round of funding will go toward transforming the area along the north side of Main Street from North Clinton Avenue to the Genesee River. That area includes the dilapidated building at […]
The price for streaming television shows and movies is about to go up. What was at one time a cheaper alternative to owning a cable box. Streaming services including Amazon Prime, Disney+, HBO Max, Hulu and Netflix are upping their monthly subscription fees now that they’ve gained a foothold in the market and can count […]
Yesterday, Rochester’s Seneca Park Zoo received a “philanthropic gift” from JPEG DAO that will be used to “address deforestation in Madagascar,” a cause the organization says they’ve been working on for decades. However, this donation was quite different from the rest, as the original donation was given to the zoo in the cryptocurrency called “Stellar […]
It has only been one month since New York State has legalized mobile sports betting and it has become evident that it rakes in the money. In the month of January, New York brought in $1.6 billion in bets and since New York State collects a 51% tax on overall revenue from mobile sports betting, […]
As the Super Bowl vastly approaches, New York Attorney General Letitia James warns New Yorkers of online sports betting scams. NY AG James says New Yorkers have been flooded with ads on social media and streaming sites, promising anything from risk-free bets and monetary or credit welcome offers. AG James spoke on the matter, stating: […]
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