The U.S. labor is still strong, but could be losing steam. We'll also look at Sen. Joe Manchin’s (D-W.Va.) call for a debt reduction deal and Elon Musk's biggest obstacle taking over Twitter.
Welcome to On The Money , your nightly guide to everything affecting your bills, bank account and bottom line. For The Hill, we're Sylvan Lane , Aris Folley and Karl Evers-Hillstrom . Someone forward you this newsletter?
Your Funds: What kids' actions can teach adults about money
The children who came to my house on Halloween are not buying lottery tickets, with the Powerball jackpot estimated at roughly $1.6 billion entering Saturday, this week.
Judging from how they acted during my annual "Cash or Candy/Trade or Treat" exercise, the kids would struggle with the disappointment of losing, despite their hopes of winning.
Why Central Banks Got Serious About Digital Money - The Washington Post
Money is edging toward its biggest reinvention in centuries.
Not so different, at least on the surface, from keeping electronic money in a bank account and using cards, smartphones or apps to send that money into the world. The key difference is that money provided by a central bank — like cash — is generally considered a risk-free asset.
Elon Musk, Under Financial Pressure, Pushes to Make Money From Twitter - The New York Times
Elon Musk , the new owner of Twitter, is throwing everything against the wall to make more money at the social media company.
Since closing his $44 billion acquisition of Twitter last week, Mr.
They have also talked about adding "paywalled" videos, which would mean that certain videos could not be viewed unless users paid a fee, these people said. And they have discussed reviving Vine, a onetime short-form video platform, which could attract a younger audience coveted by advertisers.
Valued: Unpacking Your Money Baggage | WUNC
Hundreds Of Billionaires Donate Big Money In Midterms–But Trump Gives Nothing
Hundreds of billionaires have pumped money into the 2022 midterm elections. George Soros dumped $129 million into left-leaning super-PACs. Conservatives Dick and Elizabeth Uihlein and Ken Griffin each countered with nearly $55 million.
Yes, the former president has routed money to his acolytes–and has gained a kingmaker reputation for doing so. But the cash Trump is sending to other candidates isn't actually Trump's money. Instead, it's money other people have given to Trump-affiliated groups.
Financial watchdog orders Deutsche Bank to step up money laundering controls | Reuters
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BaFin said in a brief statement on its website late on Friday it had ordered the bank on Sept. 28 to take specific measures or else face fines, part of regulatory requirements that were imposed on the bank from September 2018.
"We are fully aligned with the BaFin on the necessary measures and have already completed a large proportion of them," the bank said in its statement.
Stop doling out money
"Stop doling out money to your adult children. It doesn't help," writes Michelle Singletary, financial writer for the Washington Post.
If one of your adult children comes to you asking to borrow money, what do you say? It depends. Does this "child" and his family eat out most of the time, drive big cars, have the latest video game and stream every service available? Do the children wear expensive sneakers?
There is no defence @GNev2 , you know it, I know it, everyone with a brain knows it. You cannot take the Qatari's m… https://t.co/DKtcwtmUSU EssexPR (from Essex , UK ) Sat Nov 05 00:27:01 +0000 2022
System Unknown NFT Collection
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Check out the System Unknown artwork. Click here.
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