Finance
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This morning on the Wake Up Club a few people called and texted in about not receiving their stimulus payment. If you are supposed to get a check instead of direct deposit again, it will come on a debit card. A letter should of been mailed to you telling you that you will receive the […]
Mayor Lovely Warren revealed this weekend that Rochester’s City budget for the next fiscal year beginning July 1 might contain a yearly homeowner property tax hike to offset losses caused by the SARS-CoV-2 pandemic. Mayor Warren described it as a “modest” yearly increase of $134 per homeowner, which breaks down to approximately $2.57 per week […]
During this time of great difficulty, the Indian community in Rochester has come together to provide vital services and raise money for Rochesterians affected by COVID-19. Named the COVID-19: Rochester Indian-American Community Fund, in just 10 days the fund has raised over $32,000 to support pandemic-related services. The team behind the fund has delivered 100 […]
A survey conducted by two equal rights groups has found that small businesses owned by minorities have been disproportionately denied requests for COVID-19 relief loans, reports the New York Times. As a result, almost half of these businesses are expecting to close. Just 12 percent of minority-owned businesses received requested funds from the Paycheck Protection […]
If the federal government denied you a business loan, New York State could say YES! Starting today at noon, you can fill out a pre-application for the “New York Forward Loan Fund” on-line. Gov. Andrew Cuomo made the announcement last week. Small businesses could get up to $100,000 of the $4 million dollars that is […]
Still haven’t received your stimulus check yet? You’re not alone around 4 million Americans are in the same boat. Now, you may not get a check at all! Instead, the IRS is now mailing out prepaid debit cards. EIP, or Economic Impact Payment cards will be sent out, over direct deposit or a check. The […]
When The Sunday Times released its Rich List 2020 over the weekend, it brought to light the fact that Rihanna is among the wealthiest people living in the United Kingdom. The newspaper company made it clear with the subtitle of the list, “The gender pay gap is still evident in the list despite female representation […]
Could there be another round of stimulus checks coming? If a new bill passes in the Senate, yep. Key Phrase “IF”! What would be the pay out this time? Adults making less than $75,000 would get another check at $1200 for a single person. Double that for a married couple making less than $150,000. Distributing […]
What happens when Jay-Z and Meek Mill, team up with Twitter CEO Jack Dorsey during a pandemic? Answer? $10 million toward the COVID-19 relief in U.S. prisons. Reform Alliance is a non-profit. Co-founded by Jay-Z, Meek Mill and Michael Rubin. The organization is delivering 10 million PPE (Personal Protective Equipment) to facilities across the country. […]
The US has claimed it wishes to borrow a record $3t, as the budget for this quarter has been blown on COVID-19 financial rescue packages. In the whole of 2018, the county borrowed $1.28t, meaning $3t is a significant increase for the government. If the US government is successful at securing this figure, the total […]