Monday, June 28, 2021

College Players May Make Money Off Their Fame, NCAA Panel Recommends - The New York Times

A powerful group of college sports leaders recommended Monday that student-athletes be allowed for the first time to earn money from autograph signings, personal appearances, endorsements and their social media platforms, which would be a groundbreaking shift that could see players earn millions

Date: 2021-06-28T19:31:39.000Z
Twitter: @nytimes
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A top Fed official says digital currency may be the money equivalent of parachute pants.

Randal K. Quarles, the Federal Reserve's vice chair for supervision, suggested on Monday that the global rush to research and develop central bank digital currencies — often called C.B.D.C.s — reminds him of another four-letter abbreviation. Fear of missing out, or, as it is better known, FOMO.

Date: 2021-06-28T18:00:34.000Z
Twitter: @nytimes
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Think Ahead To Keep Your Money Safe As You Age

If you've watched your parents or older relatives age into their final years, you might have witnessed a decline in their ability to manage their money.

Substantial research confirms this risk. "Problems with financial decision-making can appear many years before a dementia diagnosis. Even cognitively healthy older adults may show declines in their financial decision-making abilities," says Marti DeLiema, Ph.D.

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Publisher: Forbes
Date: 2021-06-28
Author: Steve Vernon
Twitter: @forbes
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Money-Losing Companies Are Flooding the Stock Market With New Shares | Barron's

Money-losing companies are flooding the market with new shares—and risk-hungry investors are buying them.

Over the past 12 months, about 1,000 companies issued secondary or add-on shares in the U.S., and nearly 750 of them weren't making a profit, according to Jason Goepfert at SentimenTrader, citing Bloomberg data.

Date: 2021-06-28T12:46:00.000Z
Author: Evie Liu
Twitter: @BarronsOnline
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Mexico says cryptocurrencies are not money, warns of risks | Reuters

A representation of the virtual cryptocurrency Ethereum is seen among representations of other cryptocurrencies in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration

MEXICO CITY, June 28 (Reuters) - Mexican financial authorities on Monday said that crypto assets are not legal tender in Mexico and are not considered currencies under current laws, warning that financial institutions that operate with them are subject to sanctions.

Publisher: Reuters
Date: 2021-06-28T18:44:15Z
Author: Mexican financial authorities on Monday said that crypto assets are not legal tender in Mexico and are not considered currencies under current laws warning that financial institutions that operate with them are subject to sanctions
Twitter: @Reuters
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Walmart's Money Card Is Now A Checking Account: Does It Matter?

The Walmart Money Card is shifting from a prepaid card to a checking account. (Photo Illustration by ... [+] Budrul Chukrut/SOPA Images/LightRocket via Getty Images)

"While much has been made about the competitive threat of challenger banks/ neobanks to the traditional bank business model, it's our view that a competitive threat such as WMT is likely a more potent one."

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Publisher: Forbes
Date: 2021-06-28
Author: Ron Shevlin
Twitter: @forbes
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Show me the Money: Robots managing money

When it comes to money, who do you want to manage yours? More and more Americans are turning to robots.

“We know as humans that we tend to be irrational when it comes to managing our money. Too often our emotions interfere with our ability to make really sound choices.”

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Publisher: ABC27
Date: 2021-06-28T09:00:00 00:00
Author: James Crummel
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Money for 'charudie': Calera friends raise more than $2K for Tallapoosa County Girls Ranch -

CALERA – Sitting around bored on a typical summer day in the Timberline neighborhood of Calera, Maggie Marling sprinted up to her dad inside their home and started shouting out the best idea she had ever come up with.

"Dad, dad, I want to start a lemonade stand," she said ecstatically to her dad, who was trying to balance a business call in one ear and Maggie asking questions of what she needs in the other ear. "Where can I get lemons? Where can I get cups?"

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Publisher: Shelby County Reporter
Date: 2021-06-29T00:43:22 00:00
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8 Expert Money Tips for the LGBTQ Community | GOBankingRates

According to the 2019 American Community Survey, same-sex married couples have a higher median household income than opposite-sex married couples -- $107,200 and $96,930, respectively.

Read: Ethical Investing: 10 Gay-Friendly Stocks To Buy
Take a Look: The Richest LGBTQ Celebrities

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Publisher: GOBankingRates
Date: 2021-06-28T15:00:34Z
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Eviction ban extension comes with push to get federal relief money to landlords | Mainebiz.biz

The CDC moratorium was due to expire last Wednesday, but the federal government extended it, along with support for states that are trying to put federal rent relief money to use.

First enacted by the CDC as a public health measure in September, the ban does does not mean rent is forgiven, but that tenants can't be evicted because of nonpayment. They can be evicted for other reasons, including criminal activity.

Publisher: Mainebiz
Twitter: @mainebiz
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