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Wednesday, jan 1
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Wednesday, jan 1
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Financial Security
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. …
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Don't Fall For Them: FBI Issues Alert For Online Shopping Scams
The FBI is warning the public of cybercriminals targeting shoppers hoping to take advantage of online bargains and hard-to-find gift items for the holidays. During the 2020 holiday shopping season, the FBI Internet Crime Complaint Center received more than 17,000 complaints regarding the non-delivery of goods, resulting in losses of over $53 million, the agency said. It is anticipated this number could increase during the 2021 holiday season due to rumors of merchandise shortages and the ongoing pandemic. That's why criminals are busy finding ways to entice their victims in multiple …