Thursday, February 4, 2021

Want To Make Money? This U.S. Town Will Pay You To Move There

The sunsets are more beautiful in Natchez, Mississippi—which is luring new residents by paying them ... [+] $6,100.

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Publisher: Forbes
Date: 2021-02-03
Author: Laura Begley Bloom
Twitter: @forbes
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Many things are taking place:

Mad Money Recap: Jim Cramer Shares His Best Stocks - TheStreet

Investors need to be in theme stocks, not meme stocks, Jim Cramer told his Mad Money viewers Tuesday. Stick with well-run companies that work no matter what happens with the pandemic.

We're in a tricky moment in the stock market, Cramer explained. Vaccines are beginning to pick up steam and the end of the pandemic might soon be in sight. But in the meantime, things might get a lot worse. That's why you're starting to see investors begin to sell the stay-at-home "nesting" stocks and start buying the "reopening" stocks that will thrive when we return to normal.

Publisher: TheStreet
Date: 2021-02-03T00:14:14Z
Author: Scott Rutt
Twitter: @thestreet
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Why Robinhood froze the buying of some stocks : Planet Money : NPR

On January 28th, when people opened Robinhood hoping to buy into the stock market craze around companies like GameStop, they found something strange. They couldn't. Robinhood had frozen purchases of shares for a number of companies, but still allowed the selling of those shares.

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Publisher: NPR.org
Date: 2021-02-03
Twitter: @NPR
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David and Goliath: Cramer's 'Mad Money' Recap (Wednesday 2/3/21) - TheStreet

There's only one reason to own stocks and that's to make money, Jim Cramer reminded his Mad Money viewers Wednesday. If you're a new investor, you might be thinking that it's your job to fight alongside the Reddit crowd and take down big hedge funds.

But Cramer said investors need only be focused on their own investment goals and stick to his Seven Tenets For New Investors.

Tenet No. 1: Invest in stocks that deserve to be higher. If you're a new investor, you can't afford to be trading in and out of stocks on a daily basis. Stick with the winners that have a long-term secular trend.

Publisher: TheStreet
Date: 2021-02-04T00:05:24Z
Author: Scott Rutt
Twitter: @thestreet
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This may worth something:

As Chavin trial nears, Walz seeks security money | kare11.com

At the same time Gov. Walz and DPS Commissioner John Harrington brief the media Wednesday, Capitol Republicans were also pushing back against the plan because it could potentially ease the financial burdens of the City of Minneapolis.

Walz is calling it the SAFE, which stands for Secure Aid For Emergencies, a special $35 million account set aside to help cities pay for mutual aid. That's the system whereby cities can request public safety or firefighting assistance from other agencies.

Publisher: kare11.com
Date: 2/4/2021 8:02:08 AM
Twitter: @KARE11
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Where is Idaho's federal relief money? | ktvb.com

BOISE, Idaho — With $900 million in federal aid still waiting to  be approved  by the Idaho Legislature, some lawmakers say they are frustrated about the pace of approval.

"Everyone is wrestling with control and having discussions about what money and do people really need it and making some pretty unflattering comments," said Sen. Melissa Wintrow, D-Boise. "I assure you, people need it and we need to approve it and get it out the door," 

Publisher: ktvb.com
Date: 2/4/2021 1:07:18 AM
Twitter: @KTVB
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Technical Reviewer in Central Valley, CA — Money Diary
Author: Refinery29
Twitter: @refinery29
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Breakingviews - It's time HSBC's big bosses followed the money | Reuters

HONG KONG (Reuters Breakingviews) - Bankers know it pays to follow the money. Accordingly, HSBC could soon move some of its senior brass to Asia. There are good reasons for financial services giants to avoid putting global chiefs in Hong Kong or Singapore, but for the $108 billion UK-based bank a power shift is long overdue.

HSBC already is freeing up capital from its European and U.S. operations to deploy in its biggest market. Chief Executive Noel Quinn will update investors on the strategy later this month. As it stands, no worldwide chief of anything sits in Asia for HSBC even though the continent accounted for more than 100% of its $9.9 billion in adjusted pre-tax profit for the first nine months of last year, covering losses in Europe.

Publisher: U.S.
Date: 2021-02-04T04:30:52Z
Author: Jennifer Hughes
Twitter: @Reuters
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