Sunday, July 26, 2020

Pro-Trump super PAC losing the money race to Democrats

WASHINGTON — The pro-President Donald Trump super PAC America First Action has been getting heavily outspent by its Democratic rivals, causing growing anxiety among Republicans. They worry whether the group they'd hoped to be a primary attack dog against former Vice President Joe Biden can make up the lost ground with just 100 days left in the campaign.

The two largest Democratic super PACs have spent almost four times as much on television and radio as America First, and the trend is set to continue, according to ad spending figures. The two pro-Biden PACs, Priorities USA and American Bridge , have purchased $54.1 million in future ad buys, while America First is set to spend $33.6 million, including a $23 million buy in Arizona, North Carolina, Pennsylvania and Wisconsin, according to Advertising Analytics.

Publisher: NBC News
Twitter: @NBCNews
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This may worth something:

Your Money: The hard facts about long-term care – Twin Cities

Long-term care (LTC) has been in the news lately, for all the wrong reasons. But it has gotten a lot of people thinking about what their plans are, what kind of experience they want and how they are going to pay for it.

Frankly, as with any topic surrounding seniors, there are a lot of misconceptions, bad information and wishful thinking. Here are some hard facts to confront as you build your LTC plan.

It's easy to imagine that your spouse or loved ones will provide care for you. In addition to the physical and emotional toll this can place on your caregiver, it requires time off of work and an average of $10,423 in out of pocket expenses.

Publisher: Twin Cities
Date: 2020-07-26T10:32:57 00:00
Twitter: @pioneerpress
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A financial planner shares money tips for the rollercoaster stock market | wfmynews2.com

It's been a wild ride on Wall Street as we navigate the uncertainty of the coronavirus. Local financial professional Scott Braddock joins us to explain what we should be doing with our money while we're on this stock market roller coaster.

* * *

Take a look at the risk in your portfolio and consider rebalancing. Depending on performance, your risk could be out of balance. This also gives you the opportunity to buy high and sell low. 

To determine what percentage of your money you want to expose to risk, keep your eye on the big picture. 

Publisher: wfmynews2.com
Date: 7/26/2020 6:41:39 AM
Twitter: @WFMY
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Impact-investing boom gives funding jolt to New York-based money manager

“Impact investing is now all of a sudden having its moment,” said the 38-year-old Unnithan. “It’s cool now and is getting a lot more attention. We must be very mindful though that this is done correctly to actually have impact as opposed to just moving capital around and calling it impact.”

Investments that are simultaneously socially and financially rewarding have a natural appeal at a time when the deadly coronavirus pandemic and racial unrest in the U.S. have highlighted inequalities and heightened social tensions. Nuveen’s investments focus on low-income consumers’ access to health care, education and housing, all of which can be prohibitive in a system that disproportionately favors those at the top.

Publisher: Crain's New York Business
Date: 2020-07-26T11:52:45-0400
Author: Bloomberg
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Not to change the topic here:

Local First Arizona's 'Move Your Money' campaign takes aim at big banks | AZ Big Media

On top of sharing facts, figures, and local success stories, the Move Your Money campaign will ask Arizonans to pledge to move their money into a local bank or credit union as a strategy for building a more resilient Arizona economy. A "Move Your Money Switchkit" on how to seamlessly start the process will also be provided, more can be found at www.banklocalaz.com.

"Upping Arizona's local lending power is one powerful way to make a dent in the racial wealth divide and prepare us for future storms. While bigger banks prioritized bailing out big companies, corporations and chain stores, local banks focused on getting funds to small and mid-sized business owners, owners of color and rural businesses, and they do this all year long, even when the world isn't watching," Barr said.

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Publisher: AZ Big Media
Date: 2020-07-26T13:00:20 00:00
Author: Blufish
Twitter: @AZBigMedia
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Gig workers compete with jobless Americans for work as $600 boost ends

But in May, with joblessness surging due to the coronavirus pandemic, Polenz saw his income plunge to $50 a day, or about one-third of his prior earnings. The gig economy was suddenly "swamped with newbies," he said. So Polenz quit and opted instead to collect state and federal unemployment income, which he said provides him with more money than he could get delivering groceries.

The problem is now poised to get worse. The federal moratorium on evictions signed in March expired Friday night , meaning millions of Americans are at risk of losing their homes, and the $600-per-week additional unemployment benefit dries up this weekend. Sources told CNBC that Republicans were considering extending the benefit at a reduced rate of $100 per week through December.

Publisher: CNBC
Date: 2020-07-26T13:00:01 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Mind on Money: Investing is never easy | F. Marc Ruiz: Your Mind on Money | nwitimes.com

I was able to spend a couple days with my young adult nephews last week while on a family getaway trip. All of them are impressive young men. One had just started his first professional engineering job, one was doing a semester co-op with a semi-conductor company, one had lost his co-op due to COVID but was taking summer classes.

Each of them has a bright future, but as they are all just starting out, none of them has any money, and gladly leave me to pick up the tab at the food trucks and runs for beer and this hard seltzer stuff everyone seems to be drinking.

Publisher: nwitimes.com
Date: 2020-07-26T09:00:00-0500
Author: Marc Ruiz Times Columnist
Twitter: @nwi
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Beware the Lure of Free Money - WSJ

Behind the facade of ratios and metrics, investing is about storytelling. The main narrative right now is one that has turned out to be the tallest of tall tales in the past.

The story is that cheap money justifies the market's high valuations, so we need not worry that the S&P 500 hasn't been so expensive since the dot-com bubble, or that the five biggest U.S. stocks are now comparable in size to the five biggest European stock markets.

Publisher: WSJ
Date: 2020-07-25T11:00:00.000Z
Author: James Mackintosh
Twitter: @WSJ
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