money

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How Donald Trump Cost George Soros $1B

Soros made the wrong call on how stock market would respond after election

(Newser) - George Soros literally bet against Donald Trump after the election and lost. The Wall Street Journal reveals the hedge fund manager and Hillary Clinton supporter misread what the stock market was going to do after the election and said goodbye to almost $1 billion. Soros, who'd already been leery... More »

Trump Didn't End Up Spending $100M on His Campaign

He only made it about two-thirds of the way there

(Newser) - Donald Trump initially said he'd spend up to $1 billion to run for president, then cut that down to $100 million , but per campaign filings Thursday, he only made it about two-thirds of the way there. USA Today reports the total Trump ponied up was $66.1 million, according... More »

Queen Was Only Woman on Canadian Money—Until Now

Viola Desmond, 'Rosa Parks of Canada,' to appear on $10 bill in 2018

(Newser) - Only one woman currently appears on Canadian currency, but Queen Elizabeth II is about to get a partner. Starting in 2018, civil rights pioneer Viola Desmond—aka the "Rosa Parks of Canada"—will have her mug on the country's $10 bill, the Toronto Star reports. The Globe ... More »

John Oliver Is 2016's 'Financial Crusader'

He's champion of the year, according to 'Money'

(Newser) - "Financial crusader" John Oliver is riding a horse made of money on the latest cover of Money as its champion of the year. While Oliver recently joked that he's "wasting HBO’s resources," per Vanity Fair , Money notes he dedicated whole episodes of his third season... More »

He Works at Home Depot—When Not Messing With Venezuela

Gustavo Diaz once tried to overthrow Chavez; now he lives in Alabama

(Newser) - When he's not selling padlocks at Home Depot in Hoover, Ala., 60-year-old Gustavo Diaz is heading what Venezuelan President Nicolas Maduro calls an "economic war" against his country, laid out in full by the Wall Street Journal . Diaz's instrument: his DolarToday.com website, which Venezuela insists posts... More »

India's Shocking Move to Catch Tax Evaders

It's pulling its two largest bank notes from circulation

(Newser) - A surprise announcement out of India Tuesday night is being called by local media a "surgical strike" against currency corruption that's infiltrated the nation, the BBC reports. Per CNNMoney , India Prime Minister Narendra Modi announced that the country's two largest current bank notes—the 500-rupee note and... More »

Canada Makes It Easier to Repay Student Loans

Students won't have to repay debt until they reach a minimum income level

(Newser) - Canada's about to make it a lot easier for low-earning graduates to repay their college debt, Global News reports. A new plan allows those earning less than CAD $25,000 (USD $18,650) per year to defer payment on government loans until they secure a higher-paying job. Almost 750,... More »

You Shouldn't Ignore That Penny on the Ground

Ally Bank promotion is to 'demonstrate the importance of valuing every cent'

(Newser) - Stopping to pick up a stray penny off the ground may not seem worth the effort, yet one bank is trying to change that mindset by placing 100 fake pennies across the country worth $1,000 apiece. Ally Bank says it's hoping to encourage Americans to look for opportunities... More »

What a Woman Did When an ATM Kept Throwing Cash at Her

'It was like something out of a movie': Kristina Edwards, who returned her $380 windfall

(Newser) - The public might not be too happy with Wells Fargo right now, but Wells Fargo has good reason to be happy with one particular member of the public, per the AP . Pennsylvania's Kristina Edwards found herself in an awkward but potentially lucrative situation Sunday morning when one of the... More »

Aussies Want 'All-Time Greatest Bloke' on Currency

That would be the late Steve Irwin

(Newser) - More than 25,000 people have signed a Change.org petition that aims to put the "all time greatest Australian bloke" on the country's currency, the BBC reports. That bloke is the late conservationist Steve Irwin, who died 10 years ago this month. "With a list a... More »

Trump: OK, I Didn't See Video of Iran Money Plane

Walks back claim he saw 'military tape' of 'money pouring off a plane'

(Newser) - As the White House continued to deflect accusations from conservatives that a $400 million payment to Iran was ransom for four American detainees released earlier this year, Donald Trump twice this week claimed he had seen video of a "top secret" transaction in which the huge supposed payout was... More »

Cabbie Returns $187K, Gets Meager Reward

Fare left inheritance in Boston taxi

(Newser) - A man who left about $187,000 cash in a Boston taxi has been reunited with his money thanks to an honest cabbie, police say. Raymond "Buzzy" MacCausland, a driver for the Independent Taxi Operators Association, picked up a fare with a cast on one leg on Saturday. "... More »

Defiant Sanders Picks Fight With Clinton Foundation

He slams it for taking millions from dictatorships

(Newser) - Hillary Clinton's win in Puerto Rico's primary on Sunday did nothing to discourage Bernie Sanders, who opened a new line of attack ahead of Tuesday's California primary. Sanders, speaking on CNN's State of the Union, targeted the Clinton Foundation—and its willingness to accept cash from... More »

UK Begins Phasing Out Paper Money

New plastic note features Winston Churchill

(Newser) - The Bank of England introduced a five-pound note Thursday that marks the beginning of the end of a three-century run for paper money in the UK, reports the Guardian . This particular note is made of a thin plastic and designed to last more than twice as long as its paper... More »

$1K Emergency? Most of Us Would Struggle to Cover It

38% of those making at least $100K would have a tough time

(Newser) - Two-thirds of Americans would have difficulty coming up with the money to cover a $1,000 emergency, according to a poll released Thursday. These financial difficulties span all income levels, according to the poll conducted by the AP -NORC Center for Public Affairs Research. In households making less than $50,... More »

Clinton: 2.5 Years, 94 Appearances, $21.6M

Hillary files financial disclosure forms with FEC

(Newser) - Hillary Clinton on Tuesday released an 11-page candidate financial disclosure form she filed with the FEC earlier this week, the AP reports. The release came just hours after Donald Trump put out a statement describing his personal wealth at $10 billion, and Clinton took the opportunity to sting Trump for... More »

Strikes Wiped Out Up to $800M in ISIS Cash: US

Islamic State members are also presenting doctors' notes to get out of fighting

(Newser) - The US-led coalition against the Islamic State is apparently hitting 'em where it hurts, destroying between $500 million and $800 million in cash via airstrikes overseas, a US military official tells the BBC . In a press briefing , Maj. Gen. Peter Gersten said that recently acquired internal ISIS documents indicate... More »

Pricey Nuptials Give Rise to Weekday Weddings

Costs can be a third cheaper when held on Thursdays instead of Saturdays

(Newser) - Ah, weddings: The chance to celebrate love, commitment ... and the increasingly staggering amount of cash couples are forking over to tie the knot. One trending nod to frugality, however, is the rise of the less costly Thursday wedding. In fact, the Times reports that in the United Kingdom, nearly 22,... More »

10 Awful Things We'd Do for Money

Murder, sex, assault, treason, pornography, and so much more

(Newser) - Judging by the skyrocketing Powerball jackpot , Americans are willing to turn a blind eye to statistics in the pursuit of easy money. But it turns out that's not the worst thing we'd do for a payday. "Many Americans admit they would be willing to go to incredible,... More »

US-Led Airstrike Wipes Out ISIS Cash

Bombing in Mosul destroys 'millions,' says Pentagon

(Newser) - In what CNN frames as an "extremely unusual" move, a US airstrike on Sunday reportedly destroyed a massive amount of money at an ISIS storage facility in Mosul, Iraq. It's "probably" the biggest strike against the militant group's cash sites to date, a Pentagon official tells... More »

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