Thursday, August 26, 2021

Rethinking Money as a Force for Equity - Resilience

Where would $12 trillion even come from? It's a fair question. But as it happens, in just one month—April 2020 to be exact—the U.S. financial system conjured up precisely $12 trillion out of thin air , on top of the $4 trillion already floating around the economy.

Where did all those new dollars go? For one thing, a flood of cheap credit fueled a homebuying spree, pushing home prices up 14% nationally in 2020 . The stock market had a record year in 2021, boosting fortunes for the Bezos-Buffett-Gates-Zuckerberg class, whose net worth is primarily in stocks.

Publisher: Resilience
Date: 2021-08-26T13:12:37 00:00
Twitter: @buildresilience
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The road ahead for your money: North Bay wealth managers unpack what's known and possible in this

Closing out more than a year of uncertainty, those who are in the business of helping others maximize their money answered the Journal's questions about where we are and where we are headed.

John Baxman: We are constantly working with our clients to determine an appropriate amount of money to keep in safer investments like money markets to draw on for short-term cash needs or for an emergency.

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Publisher: The North Bay Business Journal
Date: 2021-08-26T19:00:00
Twitter: @NBBJ
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Check to see if your state owes you money in less than 2 minutes. Here's how - CNET

3. Now enter your information . The page may ask for your first and last name, middle initial and city. Your last name will most likely be required, but you can try using or skipping the suggested fields to narrow or broaden the results.

If your search results show that a state is holding money or property of yours, you can submit a claim to get it back. Each state handles claims a little differently. Some will allow you to submit your claim online, while others may require you to mail documentation to support your claim.

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Publisher: CNET
Author: Clifford Colby
Twitter: @CNET
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AT&T isn't texting about how to get money after being 'overcharged'

My friend and neighbor sent me a copy of a message he received this week involving an AT&T Free Msg. account: "We accidentally overcharged your phone bill last month. Kindly your compensation here:"

What's odd about this scam is that typically I've written about fraudsters who are trying to scare you into paying a past due bill, like an electric bill or gas bill.

Publisher: Detroit Free Press
Author: Susan Tompor
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Report: Missing $41K in jail money is simply gone | Local | apg-wi.com

A Douglas County detective who investigated money missing from the Ashland County Jail concluded that just over $41,000 is gone and investigators may never know what happened to it.

Contrary to initial reports by Ashland County Administrator Clark Schroeder, investigators found no evidence that former Jail Lt. Tony Jones destroyed the missing cash and checks, according to a report obtained by the Daily Press under state open records law.

Publisher: APG of Wisconsin
Author: Peter J Wasson pwasson ashlanddailypress net
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2021 BMW Championship: Purse, Payouts, Prize Money Breakdown - Morning Read

The PGA Tour is back in the Baltimore area for the first time since 1962 this week for the 2021 BMW Championship, which features a total purse of $9.5 million with $1.71 million going to the winner. 

The GOLF Channel and NBC will televise the tournament from Caves Valley in Owing Mills, Maryland. GOLF Channel coverage is from 3 to 7 p.m. (Eastern) Thursday and Friday, from noon to 3 p.m. Saturday and noon to 2 p.m. Sunday. NBC will pick up coverage from 3 to 6 p.m.

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Publisher: Morning Read
Date: 2021-08-26T15:27:26Z
Author: Morning Read Staff
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Watchdogs Hit Money Launderers With Record Fines

There was a dramatic increase in money laundering fines in 2020 as financial crimes boomed during the coronavirus pandemic.

Financial firms were given the largest fines for failures in anti-money laundering (AML) and suspicious activity monitoring.

Australia doled out the largest fines in 2020. Its Westpac bank was hit with a record A$1.3 billion ($940 million) following an investigation into money laundering and child exploitation.

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Publisher: Forbes
Date: 2021-08-26
Author: Ollie A Williams
Twitter: @forbes
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4th stimulus check status: Here's the relief money that's been approved so far - CNET

Three stimulus checks helped many people pay for household expenses and cover other needs during the pandemic.

The IRS will continue to send stimulus payments until all eligible Americans have received their checks.

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Publisher: CNET
Author: Clifford Colby
Twitter: @CNET
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3 Crucial Money Questions I Asked My Husband Before We Got

Many or all of the products here are from our partners. We may earn a commission from offers on this page. It's how we make money. But our editorial integrity ensures our experts' opinions aren't influenced by compensation. Terms may apply to offers listed on this page.

Publisher: _____
Date: 2021-08-26T08:32:23.295853-04:00
Twitter: @TheAscentMoney
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On The Money: Unemployment claims tick up ahead of Labor Day benefits cliff | TheHill

Welcome back to On The Money . I'm Sylvan Lane, and here's your nightly guide to everything affecting your bills, bank account and bottom line.

Write us with tips, suggestions and news: slane@thehill.com and njagoda@thehill.com . Follow us on Twitter: @SylvanLane and @NJagoda .

Publisher: TheHill
Date: 2021-08-26T18:27:48-04:00
Author: Sylvan Lane
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