Finance
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The Rochester Education Foundation (REF) has received a $10,000 donation from Advantage Federal Credit Union to support its student-focused programs. REF offers initiatives such as the Smile program, which funds parent-teacher organizations, and the College Access and Success program, which helps high school students navigate the college application process. The donation will enable REF to […]
The City of Rochester has been awarded a $23 million federal grant to enhance pedestrian and biking safety, as part of the Safe Streets program from the U.S. Department of Transportation. The funding will support projects outlined in the city’s Active Transportation and Vision Zero plans, aiming to reduce accidents and fatalities involving cyclists and […]
A Rochester family is actively opposing planned changes to New York’s Consumer Directed Personal Assistance Program (CDPAP), which allows individuals with disabilities and the elderly to choose their caregivers, including family members. Governor Kathy Hochul’s administration defends the changes, stating they are necessary to make the program sustainable and efficient. The reforms include reducing the […]
Erie County is offering Buffalo Bills fans a unique opportunity to invest in the construction of the new Bills stadium through “Bills Bonds.” The county has committed $250 million towards the stadium, with $125 million still needed, which will be raised through these bonds. Unlike typical municipal bonds, fans can purchase these before institutional investors, […]
The explosion of online sports betting is taking a toll on personal finances, particularly among those who are financially distressed. That’s the conclusion of a recent paper, “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households.” The authors found that sports betting has exploded since the Supreme Court overturned a federal law prohibiting it in 2018. […]
The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it. Some of America’s largest companies, from Amazon to Disney to Yum Brands, say their customers are increasingly seeking cheaper alternative products and services, searching for bargains or just avoiding items they deem too expensive. […]
Gov. Kathy Hochul announced that the state is giving $646 million to three organizations over the next three years. It’s part of the Career Pathways Training Program to attract more new health care workers to the field statewide. Hochul identified the three Workforce Investment Organizations splitting the nine-figure sum as: Iroquois Healthcare Association (Saratoga County) […]
We are talking credit card interest rates that are super high! A new survey suggests half of credit cardholders surveyed in June as part of Bankrate’s latest Credit Card Debt Survey said they carry balances over month to month. That is up from 44% in January – and the highest since since March 2020, when […]
Global stock markets experienced a significant plunge on Monday, driven by fears of a U.S. economic slowdown. The Dow Jones opened over 1,000 points lower, the S&P 500 dropped by 4.25%, and the Nasdaq Composite fell by more than 6%, though they recovered slightly later in the day. Japanese stocks also faced severe losses, with […]
In partnership with Next Gen Personal Finance, California Governor Gavin Newsom announced a new course requirement starting with the 2031 graduating class. Beginning in 2027, California is requiring all high schools to offer a one-semester-long financial literacy course as an elective. This makes California the 26th state in the country to add financial literacy as […]
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