Meanwhile, keep meticulous records of how you use the funds and, even if you receive 100 percent forgiveness, don't rush to spend the excess cash. If we've learned anything in the wake of the COVID-19 pandemic and now the destructive riots and looting that have sprung up in the last week, it's that our economy, our businesses and our health can change in an instant. As such, we should all be a bit more intentional in planning for the unexpected.
And here's another article:
Bozoma Saint John: companies must put their money where their mouth is
Endeavor chief marketing officer Bozoma Saint John said Monday that she wants to see more companies put money behind their statements against racial injustice.
Saint John, who was previously chief brand officer at Uber and the head of consumer marketing for Apple , said on " Closing Bell " that she wanted companies to make "systematic changes" and not just use the nationwide protests as a marketing opportunity.
"I want to see more corporations put their money where their mouths are. Of course talk is cheap. Money isn't cheap. Money goes to fuel defense. It goes to fuel action. So I want more corporations to put their money where their mouth is," Saint John said.
Japan's cash balance hits new high as central bank pumps money to combat
TOKYO (Reuters) - The balance of money circulating in Japan’s economy reached $5 trillion in May, hitting a record high for the second straight month, as the central bank pumped more cash to cushion the blow to businesses and consumers from the coronavirus pandemic.
“Japan’s economy will probably be in crisis-mode at least for the rest of this year. It would be very hard for the BOJ to slow the pace of money printing,” said Mari Iwashita, chief market economist at Daiwa Securities.
How To Double Your Money
I'm about to tell you how you can double your money without having to budget, without working more just to get ahead, without risking your money in this crazy stock market and without tying your money up until you're fifty nine and a half years old.
Too many people get caught up in relying on the market, hoping that it will give them financial security. The accumulation/compound interest philosophy causes far too many entrepreneurs to take unnecessary risks financially, tying up assets that could otherwise be turned into cash flow.
Were you following this:
Protests Spur Surge in Donations, Giving ActBlue Its Biggest Day of the Year - The New York Times
The Minnesota Freedom Fund , which pays bail for those who cannot afford it and received online support from some celebrities , took in a remarkable $20 million in a matter of days — so much that its website was now encouraging donors to give elsewhere.
A GoFundMe memorial fund established by Mr. Floyd's brother had raised more than $7 million from more than a quarter-million contributors.
And on ActBlue , the central online hub that processes money for Democratic candidates and causes, Sunday was the single largest day of giving in all of 2020, with donations of $19 million, according to a New York Times analysis of the site's donation tracker.
Stimulus money in plain white envelopes | WTOP
Watch your mail closely, if you still haven’t received your stimulus money from Uncle Sam. For some, it’s coming in a plain white envelope.
You may even think it’s junk mail — maybe one of those unwanted credit card applications. But don’t throw it away. Inside that envelope — that has the return address “Money Network Cardholder Services” — is your economic stimulus from the IRS, in the form of a debit card rather than a paper check.
County, towns await clarity for using COVID-19 money
Cryptocurrency Firms Now Recognized as Money Service Businesses in Canada
Cryptocurrency exchanges and payment processors are now legally recognized as Money Service Businesses (MSB) within Canada .
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“Today is my last day as an unregulated dealer in virtual currency. As of June 1, 2020, Bitcoin exchanges and payment processors are officially regulated as Money Services Businesses in Canada.”
Pouliot had spent over half a decade fighting for legitimate recognition for Canada’s crypto sector, having joined the Bitcoin Foundation Canada as its director of public affairs in 2014.
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