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Thursday, jan 9
Tag:
Financial Security
Business
Don't Fall For It: New Twist On Imposter Fraud Targets Your Money, Personal Info
The Federal Trade Commission (FTC) is sounding the alarm on a sophisticated new imposter scheme designed to steal your money and personal information. These scams are becoming increasingly convincing, but learning to spot the red flags can help you stay protected. How the Scam Works Initial Contact: Scammers pose as representatives from well-known companies, such as Amazon or a tech support service. They’ll claim there’s a routine issue, like suspicious charges on your account, a computer virus, or an account breach. Escalation: The scammers lie, saying your name is tied to serious …
Business
Minimum Wage To Increase In NY: Here's When, How Much
New Yorkers earning minimum wage will see an increase in their paychecks. This change, which takes effective on Wednesday, Jan. 1, is part of a broader state initiative aimed at easing the financial burden of rising living costs. Gov. Kathy Hochul announced the plan as part of a multi-year agreement with the state legislature. In New York City, Long Island, and Westchester County, the hourly pay will increase from $16 to $16.50. Meanwhile, the rest of the state will see a jump from $15 to $15.50. Further annual adjustments linked to inflation will begin in 2027. …