Most of us automatically put our guard up when someone we don’t know promises something too good to be true. But when the too-good-to-be-true thing starts as our idea, sometimes that instinct fails to kick in. Here’s the story of how companies searching for investors to believe in their ideas can run into trouble.
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Nick is an investment banker who runs a firm that helps raise capital for its clients (Nick is not his real name, and like other investment brokers interviewed in this story spoke with KrebsOnSecurity on condition of anonymity). Nick’s company works primarily in the mergers and acquisitions space, and his job involves advising clients about which companies and investors might be a good bet.
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Pa. warns jobless: Apply for $1,800 checks before money runs out | TribLIVE.com
For some of Pennsylvania’s 616,000 jobless workers, an $1,800 lump-sum check for six weeks of unemployment may never be in the mail because the special unemployment aid could be used up before they get the money, state Labor department officials warned Monday.
The likelihood the state will not be able to give all covid-19-related jobless workers money under the federal Lost Wages Assistance program “ is a real possibility,” Labor & Industry Secretary Jerry Oleksiak said.
Your relationship to money overall 'financial health' | Your Finances
Denison is a thought leader in the relatively new field of financial wellness on college campuses. In the summer of 2020, Samantha Smith, the college’s financial wellness coordinator, spoke at the national Higher Education Financial Wellness Summit about looking back at Year One of a new Financial Wellness program from a small campus point of view. Here is a Q & A about Smith’s work in this critical field.
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The Financial Wellness Office hosts topical, small group workshops and one-on-one financial coaching throughout the year and summer. On our MyDenison page , we provide various financial resources and two (free) financial literacy platforms. We also support our students with the management of the Red Thread emergency fund.
This Is How Honolulu Is Spending $387 Million In CARES Act Money
As of Friday, the city had spent only $71,651,070 – less than 19% – of its $387 million pot of money. However, more than $221 million has been allocated, meaning the money is approved for a particular program but hasn’t been contracted out yet. Of that, approximately $136 million is committed via a contract.
If the money isn’t actually spent by Dec. 31, the city will have to return unused funds to the federal government.
It’s taken time to set up the infrastructure to be able to disburse these funds, said Josh Stanbro, the city's chief resilience officer who is helping lead the city’s virus response effort. The city has been very careful about following the federal government’s “constantly changing” guidelines about what is and is not an appropriate CARES expense, he said. Making a mistake could mean that, in the future, the city has to pay back money it doesn’t have.
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CRUZE: 3 ways to reach your money goals -- even in 2020
To say that 2020 has been a crazy year would be an understatement! It feels like our world has been turned upside down.
Some of you have lost income, hours, or even your jobs because of the pandemic. Those financial goals you made on January 1st are out the window, because you're focused on covering your basic needs. I know it might feel like there's no point in setting new goals for yourself, but here's the thing: There are things you can control when it comes to getting your finances in order.
The Best Account for Money You'll Need in 2 Years
If you have a 401(k) or another long-term retirement plan, you already know the importance of saving for the future.
When saving for financial goals you want to achieve before retirement, it's important to think about where you're putting that money. If your goal is five to 10 years away, you might want to consider opening a brokerage account, such as an index fund, mutual fund or ETF. There are a number of easy options, including robo-advisors, that make investing more accessible to beginners.
The Biggest Money Mistakes People Make in a Recession - WSJ
Many people are facing a situation they haven't had to deal with in a long time: an economic downturn. And they need help navigating it.
So we reached out to financial advisers, researchers, academics and other experts and asked them a simple question: What are some of the biggest mistakes people make in hard times, and how can they avoid them? After all, facing a downturn is hard enough without making it even worse by falling into common traps in the way you spend, invest and save.
This Is the State Where Your Money Is Worth the Least
Happening on Twitter
Jordan's Capital Bank begins due diligence to buy Lebanon's Audi's units in Jordan, Iraq https://t.co/YXJdiLWLpZ https://t.co/jTkA1QcQTS Reuters (from Around the world) Sun Sep 13 22:55:01 +0000 2020
DIOS MIO. Do your due diligence. Stop threatening me with libel cases, because, the truth is, you are the ones ca… https://t.co/HeCfdwc2Cq MrFrankBaraan (from Republic of the Philippines) Mon Sep 14 02:27:37 +0000 2020
The new Mulan movie was filmed in the region where China has Uyghur internment camps and there are "special thanks"… https://t.co/X1q7ylaJyO amnesty (from Global) Tue Sep 08 09:21:17 +0000 2020
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