Finance

The Powerball jackpot is now up to $730 million and the Mega Millions jackpot is even higher at $850 million. The last drawing for each respective lotteries was unsuccessful over the weekend.  Mega Millions would be the third-largest jackpot in U.S. history withe drawing is on tonight. The Powerball drawing will be on Wednesday. Cash […]

Free File Alliance, an IRS program that partners with private companies to provide free tax preparation to millions of filers. Is available to those whose adjusted gross income was $72,000 or less in 2020. With tax season officially starting on Feb. 12th the agency officially announced last week that Free File was open. The public-private […]

With less than a week before Inauguration Day. President-elect Joe Biden announced he plans to spend $1.9 trillion to speed distribution of the coronavirus vaccines and provide economic relief. A $1,400 stimulus checks and expanding unemployment insurance supplements to $400 per week. The proposal also includes investing $20 billion in a national vaccination program. The […]

With no winning tickets for Mega Millions and Powerball Lottery Drawings this week. That means both pots will grow heading into the weekend. The $640 million drawing on Saturday will be Powerball’s fifth-largest in its history. The highest amount in nearly two years. The Mega Millions’ $750 million jackpot will be its second largest ever. Powerball […]

The New York Attorney General has issued a warning regarding a phone scam that is targeting the elderly in Rochester and other communities across the state of New York. The “Grandparent Scam” is when scammers call elderly people and pretend to be a grandchild who needs money quickly to get out of an emergency situation. […]

The IRS claims the Prince estate is being undervalued. The Internal Revenue Service valued Prince’s estate at $163.2 million. The number much higher than the $82.3 million valuation submitted by the estate’s administrator Comerica Bank and Trust, according to the Minnesota’s Star Tribute. According to the report; the gap is tied to Prince’s music publishing and […]

A new study shows that thousands of minority-owned businesses were last on the list when it came to receiving the government’s coronavirus relief loans. According to the Associated Press, data from the Paycheck Protection Program shows minority-owned small businesses didn’t receive a relief loan until the last few weeks of the program. White business owners […]

More people are making the switch over from alcohol to marijuana. According to the results of a Harris Poll released this month, almost half of cannabis consumers age 21 and up have replaced or reduced their c since the beginning of the coronavirus pandemic. The poll also found that one-third of those who use cannabis […]

Ever since Prince passed away in April of 2016, there has been an ongoing legal battle to determine the distribution of his estate. Prince didn’t have a will and now the IRS is saying that the estate is extremely undervalued, monetarily speaking. According to the Associated Press: “The IRS determined that Prince’s estate is worth […]

Hip-hop business mogul, Percy “Master P” Miller and former NBA All-Star Baron Davis are looking to buy Reebok. The asking price $2.4 billion. German sportswear parent company Adidas looks to offload the brand. Adidas bought Reebok back in 2005, actually pioneered the idea of signing rappers to shoe deals in the same way athletes were. Sean “Jay-Z” […]