money

The Internal Revenue Service is sending letters to more than 9 million households who are potentially eligible for tax benefits, but haven’t filed a 2021 return to claim them. The news come after an audit by the Treasury Inspector General for the Tax Administration. $1.1 billion in Child Tax Credits were sent to 1.5 million […]

Monroe County Executive Adam Bello is asking the county Legislature for $100,000 to cover the costs for record sheriff’s deputies overtime. Monroe County Sheriff’s have been working with Rochester police to curb the violent crime in the City of Rochester. The city has recorded over 65 homicides and 258 shooting incidents this year, according to […]

National average price for a gallon of gas up 12 cents from the week before, but local pump prices are still down. Could that be changing soon? According to a cost analysis from AAA, yes! Still, Gas prices in Rochester are 36.9 cents per gallon lower than a month ago and stand 32.3 cents per […]

PayPal got some backlash after updating their user policy threatening to fine users  $2,500 for spreading misinformation. Since the company received the backlash they’ve now revised the user policy again and released a statement saying there was an error. https://13wham.com/news/nation-world/paypal-says-2500-fine-for-misinformation-was-posted-to-policy-in-error-delete-twitter-cash-app-money-conspiracy-united-states-big-tech-bank-account#

This week on the WDKX Wake-Up Club, The Money Coach Dr. Cheryl McKeiver mention the price of butter going up. The Wall Street Journal’s article tells why, high costs for farmers and labor shortages mean lofty prices for the spread; ‘I have kind of a butter army’. Lower milk production on U.S. dairy farms and […]

People who make mortgage payments are reported by lenders to credit bureaus, landlords typically don’t report rental payments, and that can hamper renters’ ability to build a credit history. Fannie Mae plans to subsidize the cost for landlords of multifamily properties it finances to help renters build their credit starting Tuesday , the mortgage giant […]

Monroe County Executive Adam Bello announced the community organizations and vendors who will receive a share of the county’s $144 million federal American Rescue Plan Act allocation. 40 initiatives will be funded with the hope that they bring positive change in the high-priority areas the county designated: workforce development and economic recovery, public health/wellness, and more. ARPA […]

The Monroe County sheriff’s office is investigating missing money from the County Clerk’s Office. The news of the investigation came out over the weekend and there’s no other information available as of now. https://www.whec.com/top-news/investigation-underway-into-funds-missing-from-monroe-county-clerks-office/

The Federal Trade Commission ordered consumer technology company Credit Karma to pay $3 million to redress false statements that made consumers believe they were pre-approved for credit offers, a misrepresentation the FTC says wasted consumers’ time and hurt credit scores. The FTC says Credit Karma falsely told consumers they were “pre-approved” for credit offers or had 90% odds of approval […]

One of the reasons why WDKX is doing the “Fill Your Fridge” Contest, is because young and low-income consumers are starting to feel financial pressure. Generation Z consumers and those with low credit scores are falling behind on credit card and auto loan bills and accumulating credit card debt at a pace not seen since […]