Finance
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2020 was a terrible year for just about everybody………… but not for scammers! Senior citizens lost almost $1 billion in scams last year. According to an FBI report released this week. A total of 105,301 people over the age of 65 were scammed, with an average loss of $9,175, and almost 2,000 older Americans lost more […]
Score one for the student athletes over the NCAA in college sports. The Supreme Court ruling will end the NCAA’s nationwide limits on education-related benefits athletes can receive for playing college sports. Athletes playing Division I men’s or women’s basketball or Bowl Subdivision football will be able to receive benefits from their schools that include cash or […]
Cryptocurrency has been one of the biggest things people around the world have been investing in with Bitcoin being one of the popular Crypto Currencies. El Salvador has just became the first country in the world to recognize Bitcoin as a legal tender. Earlier this week of El Salvador passed the law after the country’s […]
At a Bitcoin conference Saturday, June 5th, President Nayib Bukele announced in a recording that he would send proposed legislation to El Salvador’s congress to change the country’s legal tender to cryptocurrency. Bukele also mentioned that El Salvador partnered with Strike, a digital finance company to come up with the decision. Strike CEO Jack Mallers […]
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 […]
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