Finance
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The Rochester City School District will soon receive about $87 million from the first COVID-19 relief bill that was passed in December of last year. The most recent COVID-19 relief package will bring in somewhere around $200 million. The total amount of federal aid will provide around 1/3 of the school’s budget for the year, […]
Paychex founder Tom Golisano recently invested 100 million into Eastman Kodak Co. through an investment firm that he personally founded, called Grand Oaks Capital. According to a prediction by George Conboy, the chairman of the Brighton Securities investment company, the $100 million will probably guarantee Golisano a seat on the board of directors at Kodak. […]
Unemployment rate increased for Blacks and Hispanics workers. The unemployment rate for Blacks increased by 0.7 percentage point to 9.9% in February, reversing two months of improvements and widening the gap between the white unemployment rate, which fell 0.1 percentage point to 5.6%, according to the latest jobs report from the Bureau of Labor Statistics. […]
Jennifer Hudson has formed a partnership with MasterCard in an endeavor that’s primary focus is to strengthen and push Black-owned businesses forward. The partnership seeks to use a $500 million commitment to build up Black-owned small businesses that have suffered in the past year due to the pandemic, while giving financial opportunities to entrepreneurs affected […]
Last Year, IRS postponed tax-filing deadline from April 15th to July 15th. Not only were taxpayers given an extra three months to submit their returns, but they also got three more months to pay any tax debt they owed without incurring interest or penalties. NOT THIS YEAR! The IRS has confirmed this week that it […]
This year’s tax season begins on Feb. 12. Experts recommend filing early. The sooner you get everything to the IRS, the quicker you’ll get your money back, including missing stimulus checks. The benefits of filing early apply to a number of groups of people who didn’t get all the money they were entitled to as part […]
New York State officials caught more than $5 billion dollars in fraudulent unemployment claims. Now the unemployment scams what reportedly done during the coronavirus pandemic. The State Department of Labor said they came across over 400,000 cases. Now I see why Governor Cuomo and other state officials want to legalize marijuana. The resources for the […]
According to a survey by LendingTree, only 1 in 4 people said they feel financially secure, while 3 in 5 said they need at least six months to over a year before they would feel comfortable with their personal finances again. More than 1 in 7 reported they’ll never feel secure in their financial position […]
Okay, so we are going to have to sort through this mess Monday morning with Dr. Cheryl McKeiver. The trading app Robinhood has created a whole lot of drama for Wall Street it’s users, some members of Congress, and now to add a lawsuit. From what I understand you have people who are using the […]
World Wrestling Entertainment (WWE) is moving to Peacock and NBCUniversal’s direct-to-consumer streaming service. WWE will also shut down its own network. According to the Wall Street Journal, the deal is worth more than $1 billion and will run for five years. The multi-year agreement will begin on March 18th with more than 17,000 hours of WWE Network […]
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