Category Archives: Money

U.S. stocks nosedive as tech saps rally, slashing more than 800 points off Dow

Hamza Shaban, Hannah Denham of the Washington Post – U.S. stocks nosedived, dragged down by tech, in a wild day of trading Thursday, slamming the brakes on a record-shattering run that had lifted Wall Street to new heights. The Dow … Continue reading

Posted in Dow Jones, Investing, Money

Dead people got $1 billion in COVID-19 stimulus checks, watchdog says

Sarah D. Wire of the Los Angeles Times – The federal government’s internal watchdog says that the IRS sent stimulus checks to more than 1 million dead people — worth more than $1 billion — under the coronavirus relief package … Continue reading

Posted in Coronavirus, Federal budget, Money | Tagged

Banking At Your Fingertips: The Rise And Rise Of Mobile Payments Technology

Khalid Elgibali of Mastercard in Entrepreneur – The rise of mobile technology and digital infrastructure has altered our traditional ways of doing commerce, with payments and banking being at the forefront of this digital disruption. Continue…

Posted in Customer Service, Finance, Money, Technology

Fed’s counterfeiting experts fight flow of fake money

Allison Chase of the Federal Reserve Bank of Boston – Boston Fed uses everything from specialized machines to “an extra sense” to root out phony bills. Think you could tell the difference between a real U.S. note and a counterfeit … Continue reading

Posted in Federal Reserve, Money

The Fed Just Printed More Money Than Bitcoin’s Entire Market Cap

Anyone worried about federal spending? Maybe we all should be. More money in circulation may be good for President Trump’s re-election campaign – but may not be so good for regular citizens who have their money in savings accounts. – … Continue reading

Posted in 2020 election, Bitcoin, Crypto, Donald Trump, Dow Jones, Economics, Elections, Federal budget, Federal Reserve, Finance, government, Investing, Money, National debt