Wednesday, January 27, 2021

Do you need to claim stimulus check money? Why you need this letter from the IRS first - CNET

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Publisher: CNET
Author: Clifford Colby
Twitter: @CNET
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Why it doesn't make sense for the Mariners to spend money - Lookout Landing

Yesterday, my colleagues published an eloquent, well-thought-out argument for why the Mariners should spend money in free agency this offseason. I recommend you give it a read if you haven't already.

What I'm going to do in this piece is look at what "spending money" might actually look like in concrete terms. I'm loathe to call this a "rational look", as those who most often appeal to rationality seem to be the most blind to their own emotions. Rather, this will be a differently structured and admittedly crude exercise that aims to answer the question: "Should the Mariners spend money this offseason?".

Publisher: Lookout Landing
Date: 2021-01-26T08:00:00-08:00
Author: Zach Gottschalk
Twitter: @LookoutLanding
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My father inherited money from his parents — he now tells people he earned it due to his

My grandparents were transparent with regards to their finances, and even told us where they kept their will. When my grandparents finally passed away, my uncle was named the executor, and finally read the will. Their will specified that everything would be split between my dad and my uncle, contrary to what they told all of us growing up. Naturally, that came as a great disappointment to us.

My uncle, with his half, decided to honor the spirit of what my grandparents said over these years, and decided to give each of his children some money. He tried to convince my dad to do the same with his half. My dad refused.

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Publisher: MarketWatch
Date: 2021-01-27T00:05:00-05:00
Author: Quentin Fottrell
Twitter: @marketwatch
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City of Amarillo to use money for city developments for residents

AMARILLO, Texas (KFDA) - The City of Amarillo is ready to borrow money for big projects that involve streets, water, sewer services and drainage improvements.

The City Council members voted today to sell different kinds of bonds to raise about $90 million for the work.

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The Director of capitol projects and development, Kyle Schniderejan said the street improvements will happen across the city.

Water fees increased last year to pay for the water and sewer debt and drainage fees increased last year to pay debt on those types of projects.

Publisher: https://www.newschannel10.com
Date: 2021-01-26T22:46:37.514Z
Author: Tamlyn Cochran
Twitter: @NewsChannel10
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Teaching kids about money: family gives stimulus check to kids | wfmynews2.com

GREENSBORO, N.C. — When it comes to your stimulus money, would you hand it over to your kid and tell them to spend it wisely? One family did just that with one simple rule, shop local. Whatever they bought, the money couldn't be  used for anything on Amazon or at Walmart.

Meet the Feder family. Nicklus and Lane got to decide how to spend the stimulus money. Each one got $300.

"We try to go to local businesses in general. John and I have done that for years by trying to go to cool restaurants when we go out to eat or go to do things. So, they actually choose a lot of our favorites that we tend to go to," said Jamie Fedder, Nicklus and Lane's mom.

Publisher: wfmynews2.com
Date: 1/26/2021 10:29:09 PM
Twitter: @WFMY
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Why CEOs make so much money - BBC Worklife

At around 1730 on Wednesday 6 January, about 34 office working hours into 2021, bosses of top British companies had earned the same amount that an average worker in the UK earns in an entire year.

According to research from the High Pay Centre, an independent think tank based in London, FTSE 100 chief executives earn a median of £3.6m ($4.9m) a year – more than 100 times the £31,461 earned by full-time employees . At the top of the pile of those CEOs is Tim Steiner, chief executive of the online supermarket Ocado, who was paid £58.7m in 2019 . That's 2,605 times the company's staff on average. In one day, he earned seven times their annual salary.

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Author: Peter Yeung
Twitter: @BBC_Worklife
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Bloomberg - Are you a robot?
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Money Actually Can Buy Happiness, Study Says

More than 10 years ago, researchers suggested that money can buy happiness, and that it costs about $75,000 a year. A complicated and nuanced study by Nobel Prize winning economists explained that money increased happiness, but that things tended to plateau around $75,000. Any less and sadness increased, but earning more didn't add to a sense of wellbeing. The research worked its way into opinion pages and launched a thousand blogs . 

The obvious appeal of the idea is that money can buy happiness in the sense that it can provide for basic necessities and stability, but not much beyond that, meaning that multi billionaires like Elon Musk and Jeff Bezos are much richer but not all that happier than the rest of us. The only problem with this idea is that it's wrong, and that we'd all obviously be much happier if we had millions of dollars.

Twitter: @vice
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