Saturday, August 29, 2020

Amherst board eyes use of $2.7 million in CARES money, sets public hearing on spending plan |

AMHERST — The Amherst County Board of Supervisors is set to hold a public hearing Tuesday on plans for appropriating $2.7 million in a second round of federal money from the Coronavirus Aid, Relief and Economic Stability (CARES) Act.

The board's additional money brings the overall total to $5,514,828 to offset the effects of the COVID-19 pandemic and which must be spent by the end of the year. County Administrator Dean Rodgers recently told supervisors the county has roughly $3.3 million in CARES money not designated for any uses that must be spent or the board risks losing it.

Publisher: NewsAdvance.com
Date: 2020-08-29T17:15:00-0400
Author: JUSTIN FAULCONER jfaulconer newsadvance com 434 385 5551
Twitter: @newsadvance
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And here's another article:

Americans who are owed stimulus money must act by Sept. 30 to get it

While the chances of every American getting more stimulus funds continue to decline as time passes with no compromise legislation, there are some people who should definitely receive more cash. That's because they're due part of their payment from the first check under the CARES Act.

The IRS has now made it easier for those people to gain access to the money they're owed, but only if they act by Sept. 30.

For those receiving federal benefits who don't file their taxes, the IRS was able to find out enough information to send checks even to people who didn't submit tax returns in either 2018 or 2019. However, the SSA and VA couldn't provide info to the IRS about which beneficiaries have qualifying dependents.

Publisher: USA TODAY
Author: Christy Bieber
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Pictures of Themselves: The 2020 College Essays on Money - The New York Times

Before the coronavirus, before college students went home and stayed there, before protests amplified calls for racial justice, a whole bunch of teenagers did a normal thing at a normal time: They tried to say something meaningful about who they were to a collection of strangers who could give them access to a great education.

Reading their college application essays now, it's hard not to feel at least a little bit optimistic for the future. They hustle. They make do. They reckon with themselves, how they see the world and how they are seen in it, too.

Date: 2020-08-28T09:00:29.000Z
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Report: Jason Peters wants more money if he's moving to left tackle - ProFootballTalk

But there may be an issue holding that up: The Philadelphia Inquirer reports that Peters wants to be paid like a starting left tackle if he's going to be one. That would mean he’s asking for a significant raise from the one-year, $3 million contract he signed last month to play right guard.

Peters, his agent and the Eagles have all publicly declined comment on whether Peters is expecting a pay raise to go with a new position. Eagles coach Doug Pederson said today that Peters is one of several players who could move into the left tackle spot.

Publisher: ProFootballTalk
Date: 2020-08-29T16:19:40 00:00
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This may worth something:

Frances Coppola: Mr. Powell, If You Want Higher Inflation, Give People Money - CoinDesk

Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book " The Case for People's Quantitative Easing " explains how modern money creation and quantitative easing work, and advocates "helicopter money" to help economies out of recession.

The Federal Reserve has just announced a change to its inflation targeting regime. Instead of shooting to hit 2% every year, it will aim to achieve 2% "on average" over an unspecified period of time. So, if inflation runs below target in 2020 and 2021 because of a pandemic-induced recession, the Fed might allow inflation to rise above 2% and stay there during 2022 and 2023, thus achieving an average of 2% from 2020 to 2024.

Publisher: CoinDesk
Date: 2020-08-29T17:25:15 00:00
Twitter: @coindesk
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I Need Money During COVID-19. Should I Cash Out a CD Early?

Many Americans are struggling financially during the COVID-19 pandemic. If you're in need of money, the first place to go is emergency savings. But what if you've already depleted your regular savings account, and have some money in a certificate of deposit ? Should you cash out your CD during this crisis?

The potential problem with putting money into a CD is that if you cash out early, you'll be penalized.

Clearly, losing that interest isn't ideal. But if you're desperate for money, it may be a smart way to go.

Publisher: The Ascent
Twitter: @TheAscentMoney
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Mil Money: Put your military community options into the mix when choosing a credit card

Take your time to do your research when choosing a credit card. That thorough comparison will pay off for you in the long run.

Before you start comparing credit cards, though, look at your personal situation and spending habits to decide what features are important to you.

A recent analysis by the Consumer Financial Protection Bureau show that most service members don't have a credit card when they enter the military, but begin opening credit accounts three to six months after they enter. Their analysis showed that by age 24, over 90 percent of service members had access to some sort of revolving credit, such as a general-purpose credit card or retail credit card .

Publisher: Military Times
Date: 2020-08-27T16:49:11.177Z
Author: Karen Jowers
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