Saturday, July 31, 2021

Bloomberg - Are you a robot?

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We Asked Daves About Dave, Marcus and Other First-Name Money Apps - The New York Times

A lesser-known player in the world of companies trying to displace basic checking accounts and other everyday financial transactions, Dave is planning to go public through — of course — a merger with a blank-check company.

With some 1.4 million checking-like accounts, Dave is far from alone among the one-name banking outfits that would like to have your money.

Date: 2021-07-31T07:00:07.000Z
Twitter: @nytimes
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Ribs 'n Rods event held to raise money for local organization

HASTINGS, Neb. (KSNB) - Hastings Ford Lincoln teamed up with the Midwest Barbecue Association Saturday to host their inaugural "Ribs 'n Rods" event to raise money for a local organization.

Tanner Sterling, general manager for the car dealership, said the idea had originally started after hearing about it through one of their sister dealerships in North Dakota.

Publisher: https://www.ksnblocal4.com
Twitter: @KSNBLocal4
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How To Invest In AMC And Really Make Long-Term Money

AMC, the nation's largest movie theater chain and darling of the meme stock afficionados, has all the hallmarks of a disaster movie: a monster (the pandemic), questionable actions from main characters (the company's ownership) and skanky fundamentals (too much debt, share-price dilution).

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Publisher: Forbes
Date: 2021-07-31
Author: Larry Light
Twitter: @forbes
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Money Matters: Managing money and happiness | Business | victoriaadvocate.com
Publisher: The Victoria Advocate
Author: Dave Sather
Twitter: @vicadvocate
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More than 1,000 homeless people in Oakland and Berkeley are getting money from Caltrans

Thank you for supporting The Oaklandside and being a part of our community. Your donation makes this and all our other local reporting possible.

A donation to The Oaklandside goes beyond the newsroom. We amplify community voices, share the power of real information, and investigate systems, not just symptoms.

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Publisher: The Oaklandside
Date: 2021-07-30T16:37:07 00:00
Twitter: @Oaklandside
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9 ways Warren Buffett's frugal habits can save you money

Singling out Berkshire Hathaway's homebuilding investments, Buffett said, "We've got nine homebuilders ... we really do a lot of housing. The costs are just up, up, up. Steel costs, you know, just every day they're going up."

When one of the world's most successful investors raises concerns about rising prices, it's likely time to apply some well-tested strategies to tighten your belt.

Twitter: @Yahoo
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To get shots in arms, governments turn to money in pockets | News | sent-trib.com

Millions of people in the U.S. who haven't gotten the COVID-19 vaccine could soon have a new reason to roll up their sleeves: money in their pockets.

President Joe Biden is calling on states and local governments to join those that are already handing out dollars for shots. New York, the nation's biggest city, started doling out $100 awards on Friday.

Publisher: Sentinel-Tribune
Twitter: @sentineltribune
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Westfield Man Sentenced for Wire Fraud and Money Laundering | USAO-SDIN | Department of Justice

INDIANAPOLIS – A Westfield man was sentenced to 5 years in prison for wire fraud and money laundering. He will also serve 3 years of supervised release and was ordered to pay over $1,500,000 in restitution.

According to court documents, George S. Blankenbaker Jr., 56, was charged April 1, 2021 with wire fraud and money laundering after an investigation by the Internal Revenue Service Criminal Investigation.

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Date: 2021-07-30T13:46:31-04:00
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Happening on Twitter

Lisa Allen, Donald Levinson Entering Wheeling Hall of Fame | News, Sports, Jobs - The

WHEELING — Two of Wheeling’s most influential business people — one who pushed the borders of a local frozen treat company across the nation and another who opened the doors to what cable television could provide — will be honored this year with induction into the Wheeling

Publisher: theintelligencer.net
Twitter: @intelligencerwv
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This interstate highway has been named the deadliest road in the United States. - Texas News Today

A study by car insurance company Budget Direct found Texas Interstate Highway 45 to be the most dangerous road in the United States.

According to Budget Direct, this is a combination of busy urban stretching and driver self-satisfaction.

Harris County is suing the Texas Department of Transportation to “prevent the planned $ 7 billion road expansion,” KSAT’s sister agency KPRC reported.

Publisher: Texas News Today
Date: 2021-07-31T18:21:37 00:00
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4 Ways To Build Trust & Drive Inclusivity By Realigning Your Marketing Budget

Yet where some marketers have missed the ball is not recognizing that trust and inclusivity go hand in hand in today's marketing world. 

Two business partnership coworkers analysis strategy with discussing a financial planning graph and company budget during a budget meeting in office room.

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Publisher: Forbes
Date: 2021-07-30
Author: Sonya Matejko
Twitter: @forbes
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How to Successfully Negotiate for A Pay Raise

Do you want to make more money than you're currently making? Opening a pay raise discussion is no doubt a sensitive conversation with your boss or the HR department, especially when you plan to stay for a long time. How do you speak up?

There is nothing wrong with asking for a raise if you work hard. However, there are some practices and approaches that can get better results. 

Publisher: BioSpace
Author: Lorenzo Soliman
Twitter: @BioSpace
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Key Benefits of IT Service Management

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from CIO Applications

IT operations and infrastructure consume a significant portion of a company's budget. This figure will only rise as the organization grows in size and maturity in the IT services and equipment it requires.

Date: 47648C3FCBD53C895A54522050B5A6DC
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Rumor Roundup: Brock Lesnar Update, Jeff Jarrett WWE Contract, Mandy Rose Move | WrestlingWorld

A rumor has surfaced over the past week regarding Brock Lesnar and his current WWE status. On one of the Wrestling Observer’s message boards, there was a comment that claimed that the former Champion had signed a deal with another company outside of WWE.

Jeff Jarrett made his return to WWE back in January 2019 when the company hired him as a backstage producer. This news came just months after Jarrett was surprisingly inducted into the WWE Hall of Fame and has since made several appearances on WWE TV.

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Publisher: WrestlingWorld
Date: 2021-07-31T18:51:50 00:00
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Richmond considers cap on overtime after 23 city employees each worked more than 1,000 hours of

Richmond city officials are considering a cap on how much overtime city employees can work after two recent audits found dozens of government workers in recent years have amassed upwards of $35,000 each through overtime over a period of 12 months.

A proposed City Council resolution introduced in June seeks to implement a recommendation the City Auditor's Office originally presented in 2019 after a follow-up examination earlier this year found that the city administration had not taken steps to improve management of overtime.

Publisher: Richmond Times-Dispatch
Date: employee overtime work politics
Author: C SUAREZ ROJAS Richmond Times Dispatch
Twitter: @rtdnews
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Pennsylvania Supreme Court Widens the Gap Between PA and Federal Overtime Laws, Creating More

Last week, the Pennsylvania Supreme Court issued a decision that has broad implications for Pennsylvania employers.  The Court’s decision in In Re: Amazon.com, Inc.

The case arose after Amazon employees claimed they were required to undergo anti-theft security screenings after clocking out for the day but before leaving the work facility.  These screenings included metal detectors, bag searches, and secondary screenings if the employee set off an alarm.

Publisher: JD Supra
Twitter: @jdsupra
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DOL Announced Final Rule Rescinding Trump Admin FLSA Rule

The U.S.

Whether the company supervises and controls the worker's work schedules or conditions of employment to a substantial degree;

The final rule repealing the prior rule becomes effective September 28, 2021. The prior rule made it more difficult for companies to be held liable as joint employers and was generally considered a positive development for the business community.

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
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Congressman Mark Takano Talks About His Dream For A Four-Day Workweek

After about a year and half of coping with Covid-19, Takano, similar to many Americans, started questioning the way in which we work.

The congressman lamented the Covid-related casualties. "Losing over 600,000 does something to our nation. You look down the road of your mortality," he said. The tragedy makes us think about alternatives to what we've done before. 

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Publisher: Forbes
Date: 2021-07-30
Author: Jack Kelly
Twitter: @forbes
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Law Firm Assistant Denied Collective Status in Overtime Suit

Moore Ingram Johnson & Steele LLP convinced a federal judge in Tennessee to deny conditional certification of a Fair Labor Standards Act collective action alleging it cheated its legal assistants out of overtime pay.

Russo, who worked at Moore Ingram's office in Brentwood, Tenn., for about two years, alleged the firm scheduled its assistants to work 37.5 hours per week but only paid them according to that schedule regardless of whether they worked overtime.

Twitter: @BLaw
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Don't all workers deserve a 'good day?' Pass the PRO Act | TheHill

Last Friday morning, as I headed into a meeting with worker center organizers on how government can help lift workers' voices, I heard a man on the street turn to his companion and say: "Have a good day. Stay safe."

We hear people saying that multiple times every day, especially since the pandemic struck. But on that particular day, those words had a special resonance. What would it take for all the workers hanging sheetrock or cleaning hotel rooms or packing seafood to "have a good day?

Publisher: TheHill
Date: 2021-07-30T12:30:08-04:00
Author: Michael Felsen opinion contributor
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Thousands of MTA employees don't use time clocks designed to prevent fraud, report says | Newsday

Pamella Daley, Director for Asset Management managing computer assets hardware and software for the Long Island Rail Road, demonstrates a biometric time clock. Credit: Craig Ruttle

Thousands of Metropolitan Transit Authority employees are still not using a new employee timekeeping system installed two years ago as part of a reform effort to reign in overtime spending and prevent fraud, according to an MTA inspector general report released Thursday.

Publisher: Newsday
Date: AC41EB10D1EC6B5358F0ECA0E861CCAA
Author: Thousands of Metropolitan Transit Authority employees are still not using a new employee timekeeping system installed two years ago as part of a reform effort to reign in overtime spending and prevent
Twitter: @Newsday
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City of Mobile assisting Prichard with garbage collection Monday | WKRG

MOBILE, Ala. (WKRG) — The city of Mobile is helping Prichard with garbage collection after several employees could not work because of COVID-19 .

Crews from the City of Mobile's Public Works Department will be assisting the City of Prichard with garbage collection on Monday, Aug. 2.

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Publisher: WKRG News 5
Date: 2021-07-31T01:57:22 00:00
Author: Carey Cox
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The Next Big Step in Stopping Wage Theft in the Construction Industry

What we've heard from our clients is, unfortunately, completely in-line with research on the prevalence of wage theft in low-wage jobs. A landmark study of wage theft in the U.S. found high violation rates among workers in the construction industry.

Compounding the high incidence of these wage violations, construction employers frequently try to escape accountability for their practices through abusive subcontracting schemes. 

Publisher: Gotham Gazette
Date: Construction workers photo: governor
Author: Sarah Leberstein
Twitter: @gothamgazette
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COVID-19 infections affect garbage pickup in Prichard; Mobile to assist - al.com

Mobile County's exploding increase in COVID-19 cases has hit an already short-staffed public works department.

For one day only – on Monday -- the Mobile's Public Works Department will assist Prichard with garbage collection.

The announcement came in a news release Friday with statements from city officials in Mobile and Prichard. The residents of Prichard will see Mobile city trucks operating on their streets during a one-day operation.

Publisher: al
Date: 2021-07-31T14:10:21.126Z
Author: JohnSharp99
Twitter: @aldotcom
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Reaves Utility Income Fund Section 19(a) Notice | Colorado | gjsentinel.com

DENVER, July 30, 2021 /PRNewswire/ -- On July 30, 2021, the Reaves Utility Income Fund (NYSE MKT: UTG) (the 'Fund'), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on July 23, 2021.

Publisher: The Grand Junction Daily Sentinel
Date: 38D9F4B5D2666ED0512544DBD7860B3B
Author: Reaves Utility Income Fund
Twitter: @DailySentinelGJ
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John Hancock Premium Dividend Fund Notice to Shareholders - Sources of Distribution Under Section

BOSTON, MA , July 30, 2021 /PRNewswire/ - John Hancock Premium Dividend Fund (NYSE: PDT) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its monthly distribution of $0.0975

Publisher: WFMZ.com
Author: John Hancock Investment Management
Twitter: @69News
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Foreign card payment companies may have to shell out more taxes once data servers are set up -
Publisher: The Economic Times
Date: The Economic Times
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Crypto firms will report transactions over $10,000 to the IRS under proposed tax push to help

Crypto businesses will report transactions above $10,000 to the Internal Revenue Service under proposed crypto tax regulations that aim to raise funds to finance the US infrastructure plan.

A bipartisan deal agreed by senators and President Biden late Wednesday put forward the measures to step up tax enforcement around digital assets, a last-minute addition to the infrastructure bill.

Publisher: markets.businessinsider.com
Author: finanzen net GmbH
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Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions | Business | The

Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock

Each of the Funds has adopted a managed distribution plan (the "Plan") to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Fund's Board of Directors/Trustees.

Publisher: The Daily News
Twitter: @GalvNews
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Tortoise Power and Energy Infrastructure Fund, Inc. Provides Section 19(a) Notice | Business Wire

The following table sets forth the estimated amounts of the current distribution, payable July 30, 2021 and the cumulative distribution paid this fiscal year to date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital gains and

Date: 2021-07-30
Twitter: @businesswire
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The Unveiling Of The CAOA: How The Senate Proposes to Regulate Marijuana | Above the Law

For the past month, this column has focused on the federal legalization of marijuana , which continues to be at the forefront of lawmakers’ agenda.

The draft bill, formally known as the Cannabis Administration and Opportunity Act (CAOA), was introduced “to spur a robust conversation among stakeholders” to inform members of Congress as they craft the final legislative proposal.

Publisher: Above the Law
Date: 3B1D871BA51B60FF961C6F39BC529DDC
Author: Nathalie Bougenies
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Pioneer Floating Rate Fund, Inc.

The following table sets forth estimates of the character of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: Net Investment Income; Net Realized Short-Term Capital Gains; Net Realized Long-Term Capital Gains or Return of Capital.

Twitter: @Yahoo
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Poland: CPI at 10-year high | Snap | ING Think

Inflation accelerated across all components and it's not over yet. Elevated wholesale prices have yet to pass through to consumers and increased demand pressures will be seen from the economic recovery and fiscal stimulus.

According to the flash estimate, CPI inflation accelerated from 4.4% to 5.0% year-on-year in July, the highest since May 2011. The jump is a result of rising prices in all categories: fuel (+30% YoY), food (+3.1%) and energy (+5.3%).

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Publisher: ING Think
Date: 2021-07-30
Author: Rafal Benecki Dawid Pachucki
Twitter: @ING_Economics
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Cohen & Steers Select Preferred and Income Fund, Inc.

NEW YORK , July 29, 2021 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Select Preferred and Income Fund, Inc.

The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes.

Publisher: WFMZ.com
Author: Cohen Steers Inc
Twitter: @69News
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Friday, July 30, 2021

FTC’s economics witness out, in new blow to court fight with Facebook - POLITICO

Economics consultant Carl Shapiro, who hasn't commented on why he left the case, has a history of ideological differences with agency Chair Lina Khan.

Facebook has the resources to put up a hefty court fight. It reported $29 billion in revenue in the most recent quarter and has a market value of about $1 trillion. | Jeff Chiu/AP Photo

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Publisher: POLITICO
Twitter: @politico
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PHOTOS at the 2021 Morgan County Fair: Home Economics projects judged, winners announced –

Open Home Economics categories included the following: Needlework, Quilting, Knitting, Crocheting, Tatting, Spinning and Weaving, Food Preservation, Baked Foods, Adults Fine Arts, Junior Fine Arts, Adult Hobby Crafts, Junior Hobby Crafts, Adult and Junior Advanced Crafts, Adult Photography,

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Publisher: The Fort Morgan Times
Date: 2021-07-31T00:05:19 00:00
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Econ 919 — Emergency economics | KDLL

When an 8.2-magnitude earthquake hit near the Alaska Peninsula Wednesday , local alert systems sprang into action, beeping, buzzing and blaring to notify Alaskans in coastal communities they should get to higher ground.

Those notification systems require lots of preparation and funding well before a tsunami threat hits, explained Dan Nelson, emergency manager with the Kenai Peninsula Borough's Office of Emergency Management.

Date: 2021-07-30
Author: Sabine Poux
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Time to stop seeing climate action through the lens of economics

Measures to combat climate change are almost invariably presented in piecemeal fashion and framed within a wider economic narrative.

Likewise the narrative of the European Green Deal also largely refers to economic concerns and market-based mechanisms, namely moving away from a fossil fuel economy and pushing the adoption of carbon pricing.

Publisher: The Irish Times
Date: 2021-07-30T00:52:04 0100
Twitter: @IrishTimesOpEd
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FCDO Next Generation Economics competition winner announced - GOV.UK

James Silvester has been named winner of the 2021 Foreign, Commonwealth & Development Office (FCDO) Next Generation Economics competition.

James Silvester, currently in year 12 at the John Port Spencer Academy in Derbyshire, has been named winner of this year's Next Generation Economics competition. James' letter to FCDO Chief Economist Rachel Glennerster outlined practice steps governments could take to address climate change.

Publisher: GOV.UK
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Alan Moor: Don't ignore economics when following science | Columnists | herald-review.com

FILE- In this April 29, 2020 file photo, a couple walks past a GNC store at the company's world headquarters in downtown Pittsburgh. The outbreak of the coronavirus dealt a shock to the global economy with unprecedented speed.

Follow the science. That message has been repeated so often in the last several months in so many ways that it has lost all meaning. Or has it?

Publisher: Herald-Review.com
Author: Alan Moor
Twitter: @heraldandreview
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From Power To Economics, Get Ready For 2021 To Be The Year Of Government Failure | KTSA

It's hard to overstate the extent to which governments here in the Northwest have botched the response to all the challenges we've faced in the last 18 months.

I expect a lot of folks calling today on my First Amendment Friday edition to sound off on all these issues

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Publisher: KTSA
Date: 2021-07-30T15:11:47 00:00
Twitter: @ktsanews
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'Nerds for Humanity' Show Invites Professor Erik Nelson to Chat about the Economics of Nature

Before they launched into a wider-ranging conversation, Nelson briefly described his current research projects. One is to determine the economic cost of designating land as critical habitat for endangered species.

Nelson is also analyzing social media posts featuring lakes to see if he can determine how important water quality is to people's recreational choices. "Does cleaner water attract more visitors? Or is it other facilities, like boat launches or beaches, that attracts people to lakes?

Publisher: News
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I'm Set To Make A Massive Sum Of Money. My Husband Is Aghast At My Plans For It.

Pay Dirt is Slate's money advice column.  Have a question? ...