money

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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 »

Why Canadians Are Cutting Currency in Half

Local currency aims to keep money in the community

(Newser) - In the Gaspesie region of northern Quebec, locals are cutting money in half. Why? It's all about boosting the local economy, Fast Company explains. Martin Zibeau and his friends heard about the idea of alternative currencies from a French tourist, and the group decided to try putting the idea... More »

Mom Finds $9K Meant for ISIS in Son's Dirty Shorts: Prosecutor

Aussie youth to testify against 2 men allegedly trying to transfer money to militants

(Newser) - In a case that had even the judge and prosecutor making money-laundering puns, a young Australian has been granted immunity for testifying against two men allegedly trying to send money to ISIS, the Guardian reports. The unnamed youth's role in the suspected crime: At the supposed directive of 23-year-old... More »

Profits Way Up at Smith & Wesson

'The [number one] driver of firearms sales is fear': analyst

(Newser) - It's been a very good year for one particular gunmaker. Smith & Wesson tripled its profits in the three months leading up to October, with net income of $14.2 million (it was $5.2 million during the same period last year), the BBC reports. Net sales have grown... More »

Top 6 Highest-Earning Women in Music

So. Much. Moola.

(Newser) - Forbes published its list of the world's highest-paid women in music this week. And once again Sarah McLachlan is nowhere to be found despite what we assume is a lucrative ad deal with Big Tears . No, it appears the real moneymakers are popular world tours and hit singles.... More »

Simpsons Joke Inspires Man's Drive to Rename Aussie Money

'Millions of people around the world' will want some of this funny money: petitioner

(Newser) - Malcolm Turnbull has been Australia's prime minister for just over a month, but he's already got a tall order before him. "If the leaders of this great nation have any common sense at all, they will introduce legislation to parliament to change the name of our currency... More »

49% of Americans Have Nothing Saved

Only 14% have more than $10K in their savings account

(Newser) - Nearly half of all Americans—49%—have no money in their savings account or no savings account at all, CNBC reports. “It’s worrisome that such a large percentage of Americans have so little set aside,” a financial analyst for the site that conducted the survey tells Market... More »

Kid Finds $8K in Cash on Slide at Playground

And then turns it in

(Newser) - How many kids would turn in $5 they found in a park, let alone $8,000? Aiden Wright, 7, decided to do the right thing (with some prompting from his uncle) Saturday after he spotted a black checkbook while taking a "last run" down the slide at Memorial Park... More »

Dow Dips 62 on China News

Only two days until the Fed decides on interest rates

(Newser) - The US stock market is closing slightly lower as traders hold back ahead of a much-anticipated Federal Reserve meeting later this week. More signs of slowing economic growth in China weighed on prices for copper and other commodities today. That sent prices for materials stocks lower. Energy stocks fell along... More »

11 American Jobs That Pay Over $100K

IT and marketing managers make the list

(Newser) - Want to pull in $100,000 a year? According to Bureau of Labor Statistics data, just 38 US occupations offer that much, and only 11 of them are common enough to employ over 100,000 people, 24/7 Wall St reports. Among those, here are the top five:
  1. Family and General
... More »

ISIS Rolls Out Own Currency, Music Video

Propaganda recording intros new coins to replace 'satanic conception of banks'

(Newser) - Fed up with what it describes as the "satanic conception of banks," ISIS says it's releasing its own new currency, and it's put out a nearly one-hour-long video to explain it, the Jerusalem Post reports. The video released by the group's media arm explains its... More »

Oil Soars, Dow Tumbles 115

Stocks fall broadly except in energy shares

(Newser) - The stock market is closing out its worst month in more than three years on a down note. Stocks fell broadly in today's trading, with the exception of energy shares, which reversed an early slump after the price of crude oil surged. The Standard & Poor's 500 index... More »

Guy Swipes $150K That ATM Workers Left on Curb

Whoops.

(Newser) - The cash might have been sitting right there for the taking, but cops are now looking for the man who yesterday swiped a bag filled with $150,000 from a curb in Mahwah, NJ, the AP reports. Police don't know who took the money yet, but they do know... More »

Death of Eccentric Brother Sparks $1M Scavenger Hunt

Louis Passerini died alone in New York City 21 years ago

(Newser) - A New York City eccentric left behind nearly $1 million scattered around the country when he died—triggering a scavenger hunt and in-fighting among his surviving family members, DNA Info reports. "He was very private," says Joseph Passerini of his brother, Louis, who lived alone and died 21... More »

How $220K Turned Up in a Tree

Money is linked to rumored bad marriage and a home fire

(Newser) - Money doesn’t fall from the sky, but a tree in Germany made it rain on passersby last week. A bag of money containing €200,000, or roughly $220,000, was hung in a tree in a campsite near the northern town of Mirow, the Local reports. Police say... More »

5 States Where Your $100 Goes Furthest

And 5 where it goes fastest

(Newser) - The Tax Foundation has crunched the numbers on what $100 is really worth in different parts of the country, and those who want the most bang for their buck should head to Mississippi and avoid DC, notes Forbes . Here are the five states where $100 is worth the most:
  1. Mississippi,
... More »

30% of Americans Have Zero Savings

Household income hasn't kept pace with home prices and stocks bouncing back

(Newser) - The good news: American financial security jumped 3% this month. The not-so-good news: Three out of 10 of us have nothing saved for a rainy day. This according to Bankrate's June survey , which found that 29% of 1,000 US adults don't have readily available funds in checking,... More »

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