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There will be a new rule for credit card surcharges in New York State starting February 11th. Businesses must disclose to customers credit card surcharges for transactions in New York State. Businesses could be fined $500 if it fails to follow this new law. Credit card surcharge guidance set to start in New York (rochesterfirst.com)
According to the Federal Trade Commission, since 2021 Americans have lost $2.7 billion in scams from social media. Throw on top of that the report said that only a fraction of the actual harm. Most cases of fraud go unreported, the agency noted. People continue to fall victim to social media scams in part because […]
You can now apply to receive a refund from Fortnite maker Epic Games’ $245 million settlement with the Federal Trade Commission (FTC). The FTC alleged that Fortnite players bought in-game goods on accident because of design tricks, and the two parties agreed to the settlement, which was announced as part of a broader $520 million settlement in December. You can […]
Three months since construction began on their new stadium, the Buffalo Bills are already facing a potential cash crunch with the latest projections having the team on the hook for as much as $300 million in cost overruns, four people with direct knowledge or who were briefed on the financial details told The Associated Press this […]
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Wells Fargo is under fire again and this time customers were complaining about their direct deposit and money that they physically deposited did not go through. Frustrated customers took to social media to blast the bank. For the second time this year, Wells Fargo acknowledged that deposits were not showing up in customers’ […]
The City of Rochester received $244,000 with the help of ESL Federal Credit Union to kick off a pilot program that will help children start savings accounts. The pilot program will start by next year and plan to make it city wide in two years. https://www.whec.com/local/city-of-rochester-gets-grant-to-help-children-start-savings-accounts/
The first Black sorority Alpha Kappa Alpha (AKA) has launched its own credit union, becoming the first Greek letter organization to achieve the feat. The “For Members Only,” or FMO, credit union is the first Black-owned, women-led, sorority-based digital banking financial institution in the history of the United States, according to a report by ABC7 Chicago, […]
With no winner over the weekend for the Powerball, the jackpot will jump to $900 million. The top prize is the third biggest Powerball jackpot and the seventh largest in U.S. lottery history, Powerball said in a statement early Sunday. The game’s abysmal odds of 1 in 292.2 million are designed to build big prizes […]
After no one won the jackpot for Monday’s Powerball drawing. The grand prize jumped to an estimated $725 million – the seventh largest Powerball jackpot, according to lottery officials. The next drawing will be on Wednesday for the massive prize, which has an estimated $366.2 million lump-sum cash value before tax, according to Powerball. Monday’s […]
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