Finance
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Wall Street faced a steep sell-off Monday as investors reacted to the rapid rise of Chinese artificial intelligence company DeepSeek, which introduced a new, cost-efficient AI model that has disrupted the market. DeepSeek’s app quickly climbed to the top of Apple’s U.S. App Store, surpassing OpenAI’s ChatGPT in downloads. This development has sent shockwaves through […]
Americans are not okay financially, according to the Philadelphia Federal Reserve. The share of active credit card accounts making just the minimum payment hit a 12-year high of 10.75% from July through September 2024, based on data from the largest banks in the country, the Philadelphia Fed said on Wednesday. As credit card balances swell, […]
Did you get an unwelcomed surprise in the mail last year? New York’s Automated Work Zone speed Enforcement Program issued more than 44-thousand speeding citations in Monroe County. The construction or maintenance zone cameras were placed along spots on I-390, I-490 and NY 104 for several weeks toward the back half of 2024. If the radar […]
The Buffalo Bills are a hot pick to win it all in the NFL this year. And now Buffalo, N.Y., is the nation’s hottest housing market in 2025, with Indianapolis, Providence, Harford, and Philadelphia rounding out the top five. Buffalo was also predicted to be the hottest market of 2024, making it the first market […]
In Gov. Kathy Hochul’s upcoming 2025 State of the State address, the Child Tax Credit plans to pay as much as $1,000 per child up to age 3, and $500 for kids aged 4 and 16. “The cost of living and raising a family is still too high,” said Hochul. “We’re proposing a massive increase […]
2025 is starting off on a good note for Americans and their credit report. The Consumer Financial Protection Bureau just finalized a new rule barring medical debt from being included on your credit report. The final rule will stop medical bills from being included in credit reports that lenders use, and it will also ban […]
On January 1, 2025, the minimum wage in New York will increase to $15.50 per hour in upstate regions and $16.50 in New York City, Long Island, and Westchester. Tipped workers will receive these amounts as their base pay, supplemented by a tip credit. In 2026, the minimum wage will rise by an additional 50 […]
Approximately 1 million taxpayers will soon receive special payments of up to $1,400 from the IRS as part of an initiative to distribute unclaimed Recovery Rebate Credits from 2021. These payments target taxpayers who were eligible for COVID-19 stimulus payments but either left the rebate credit field blank or incorrectly marked it as $0 on […]
Shams Charania of ESPN reported the extension marks one of the richest all-time shoe deals for a women’s basketball player. Wilson, 28, is coming off a dominant seventh season in the WNBA in which she won her third career MVP by unanimous decision, becoming the fourth player in league history to achieve the feat. Wilson […]
Have companies had it with Gen Z employees? According to a new report from Intelligent.com, but instead of putting the blame on G Z-ers, one expert told Newsweek whose fault it may really be. The survey revealed that one in six businesses said they were hesitant to hire recent college graduates over concerns about how prepared […]
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