Wednesday, August 18, 2021

Robinhood’s revenue more than doubled even as it lost money last quarter. - The New York Times

SAN FRANCISCO — Robinhood, the stock trading app, on Wednesday reported surging quarterly revenue as pandemic trading became a permanent hobby for many customers, but it still lost money.

In its first earnings report as a public company, Robinhood said its revenue for the second quarter soared to $565 million, up 131 percent from the same period last year.

Date: 2021-08-18T20:46:55.000Z
Twitter: @nytimes
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Luke Davis: Couples need to discuss money issues

As we sat down in our conference room, I jokingly told them to mark this day on their calendar because it would be officially their first marriage counseling session as nuptials.

While I did this to just break the ice, I also meant it. According to a recent study from TD Ameritrade, relationships that experience money fights early on are significantly more likely to end in divorce.

Publisher: The Examiner
Author: Luke Davis
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Bloomberg - Are you a robot?
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Where does money go? | Area Information | messagemedia.co

Donors should know how their money is being spent to further the Alzheimer's Association mission. The association earns high marks from those agencies whose job it is to monitor the activities of nonprofit organizations.

The Alzheimer's Association national organization meets or exceeds relevant watchdog standards in its allocation of donor dollars.

Publisher: MessAge Media
Author: Alzheimer s Association
Twitter: @aitkinage
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Cleared to earn money, college athletes tap creative sides – Examiner Online

His keychain fastened to a belt loop and a can of smokeless tobacco bulging from a back pocket, Ulmer spent an hour singing country favorites along with one he wrote before finishing up with his spin on a West Virginia favorite, John Denver's "Take Me Home, Country Roads."

The NCAA’s decision to allow athletes to be paid for their fame and celebrity has led to scores of deals big and small from coast to coast since July 1.

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Author: ASSOCIATED PRESS
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My friends all have more money than me, how do I keep up? - MarketWatch

Finally, as the country reopens, you're likely seeing more of your friends. Out with the video chatting and in with the high-fiving, hugging and, well, spending.

For every dinner, there's a check to pay; for every wedding, a gift to buy; and for every concert, a ticket to score.

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Publisher: MarketWatch
Date: 2021-08-18T05:02:00-04:00
Author: Laura McMullen
Twitter: @marketwatch
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It's Easy For Police To Seize Money.

Four years passed before the Worcester County district attorney's office tried to notify Jones-Bernier, as required by law, about the status of his money.

Massachusetts is an outlier among states when it comes to civil forfeiture laws. Prosecutors in the commonwealth are able to keep seized assets using a lower legal bar than in any other state.

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Twitter: @WBUR
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Read this, college athletes: What to do with your new NIL money - MarketWatch

The NCAA will no longer prohibit its athletes from making money off their name, image and likeness (NIL), and some are already cashing in.

One of the most important things you can do is execute a budget and set realistic goals. Budgets will show you where you're spending your money, and it can help identify areas where you might need to cut back.

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Publisher: MarketWatch
Date: 2021-08-18T10:03:00-04:00
Author: Carlos Dias jr
Twitter: @marketwatch
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Don't Waste Your Money: More Shrinkflation

One of the hottest new words this year is shrinkflation. That’s where consumer companies cut product sizes instead of raising prices, but in either case, you pay more. Now there are even more examples.

Paper towels were supposed to go up in price this year, remember all those warnings? But in many cases, it didn’t happen. Instead, producers shrunk their products, in the latest wave of shrinkflation according to consumer guru Ed Dworsky of mouseprint.org.

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Publisher: ABC27
Date: 2021-08-19T00:48:12 00:00
Author: John Matarese
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Exiled Afghan president Ghani denies taking money while fleeing country | Fox Business

Robert Charles, former assistant secretary of state for George W. Bush, who also served in the Bush 41 White House, argues Afghanistan Taliban takeover is the result of a 'breathtaking lapse' of 'responsible' and 'moral decision' making.

Exiled Afghan President Ashraf Ghani denied allegations that he fled Afghanistan with a fortune in cash, in his first public statement since his departure from Kabul.

Publisher: Fox Business
Date: 2021-08-18
Twitter: @FoxBusiness
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