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THURSDAY, NOVEMBER 26, 2009
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NEWS ABOUT: money

money stories: 101 news summaries

21 - 40 of 101 Stories | << Prev 1 2 3 4 5 6 Next >>

ANALYSIS

 Panhandlers More Often 
 Pros Than Cons 

It's a full-time gig for some, and cities make little headway with efforts to stop begging

(Newser) - Panhandling has turned professional, with determined and resourceful "spangers"—spare-change artists—overwhelming street corners throughout the country, some pulling in as much as $40,000 a year, Steven Malanga writes in City Journal. Beggars can even turn to the web for shakedown tips. If that seems like an... More »

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money US cities panhandler

 Lincoln Penny Gets a Redesign 

Commemorative issue marks Lincoln's 200th birthday, and the coin's 100th

(Newser) - The US Mint today unveiled four new designs that will adorn the back of the Lincoln penny next year to commemorate the bicentennial of Honest Abe’s birth, CNNMoney reports. The classic portrait of the 16th president will remain on the heads side. The reverse will depict scenes from Lincoln’... More »

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money Abraham Lincoln US Mint penny commemorative coin legal tender bicentennial

Little Guy 'Cries a Lot' as Market Hurts All Over

Investors seek options, others dip into savings for house payments

(Newser) - Wall Street’s crisis has prompted a variety of reactions in everyday lives as Americans rush to decide where to put their faith and their dollars—and try to avoid the pain, the Wall Street Journal reports. Some are pulling their money out of the markets as conditions worsen, while... More »

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Wall Street money banking savings market turmoil

 Paper Money Often
 Has Traces of Cocaine

Spanish study gives new meaning to 'drug money'

(Newser) - Chances are, you're carrying cocaine in your wallet. Trace amounts of it, anyway. A new Spanish study finds that paper money around the world is often contaminated with cocaine, LiveScience reports. Though concentrations vary by year and city, US bills had an average of up to 28.8 micrograms of... More »

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Spain European Union cocaine money drug use US dollar

(Newser) - Charlie Sheen is the highest-paid primetime TV actor at $825,000 per episode, but the Two and a Half Men star's $20 million per year pales in comparison to Oprah's haul. The media mogul took home $385 million last year, Reuters reports in deconstructing TV Guide’s annual list of... More »

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television money Oprah Winfrey celebrity Charlie Sheen

'Buried Treasure' Riddle Stumps Feds

Man has been trying to exchange millions in moldy notes for years

(Newser) - It was found in a suitcase in an alfalfa field. It was in a tree. A treasure map led to a coffin full of money. Customs broker Franz Felhaber has been giving different stories about how he came to have up to $20 million in decomposing dollars for years, the... More »

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currency money treasure Treasury Department US currency

 Connery Won't Give Son a Dime 

Star wants son to earn his living

(Newser) - Add Sean Connery to the list of wealthy patriarchs who want their children to make their own money. The 77-year-old actor is worth $170 million, but his 45-year-old son, Jason, will “never receive a penny” of it, Connery’s ex-wife and Jason's mother Diane Cilento told the London Times. More »

OPINION

These Days, Local Banks Look Good

Your community banker cares, and may even have good deals

(Newser) - Community banks may seem like quaint relics to those who prefer banking online, but IndyMac's meltdown should have us thinking differently, Ron Lieber writes in the New York Times. Lieber visited a bank in small-town Maryland, and found a friendly, gray-haired manager who gives banking a personal touch. “If... More »

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money bank home loans savings bank failure local bank community

 FDIC Hunts for IndyMac Buyer 

Feds want to see it as a whole; see more small banks failing in future

(Newser) - The Federal Deposit Insurance Corporation is looking to sell recently capsized IndyMac as a whole to one healthy bank, an executive told Reuters today. The FDIC took over IndyMac on Friday after nervous customers withdrew more than $1.3B in 11 days. "I don't expect there will be large... More »

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money IndyMac FDIC subprime crisis banks John Bovenzi

Today's Hitchhikers Fly by Cushy Private Jet

High society fliers take rides with friendly billionaires

(Newser) - Today’s brand of hitchhiker isn't on a street corner thumbing rides, but at airports that serve cushy private planes, the New York Times reports. Seeking the prestige and elation of flying in a $40 million jet, these riders reserve seats with friendly billionaires. “There are a lot... More »

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Therapists See New Disorders
in Mega-Rich

Today's wealthy are too narcissistic to be depressed, say shrinks

(Newser) - These days the rich in America are richer than ever—but with more money come more problems, from fears of inadequacy to neurotic consumption. To help them with their troubles, these titans of Wall Street or K Street call upon a small group of therapists who make a specialty of... More »

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Paper Co.
Cuts Off Supply
of Zimbabwe's
Bank Notes

Secretive German firm caves to pressure

(Newser) - The German company that supplies Zimbabwe with the paper for its hyper-inflated currency has caved to pressure from the German government and stopped doing business with embattled dictator Robert Mugabe. The secretive Bavarian firm, Giesecke & Devrient, had been airlifting tons of special blank bank notes—fortified with watermarks and... More »

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column

How to Make Millions Off Misfortune

Put bubble markets
to work for you,
writes Joel Stein

(Newser) - From tech stocks to real estate, the succession of bubble markets leads Joel Stein to ask himself: How can I exploit other people's bad investment decisions? The Los Angeles Times columnist teams up with a Princeton economist "to figure out where people will idiotically dump their money next."... More »

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OPINION

 Wedding Biz
 a Pricey Sham 

'Unique' weddings boost prices as marriages disappear

(Newser) - The wedding industry is a bloated, $10 billion sham that presses each bride to "express her essential self," Janice Turner writes in the London Times. Butterflies in boxes? Check. A “lifesized butterscotch-flavored effigy” of the bride? Check. But as odd offerings increase and wedding bills average $40,... More »

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US Money Discriminates Against Blind, Court Rules

Treasury must make changes in paper currency, appellate body says

(Newser) - A federal appellate court agreed today with a lower court’s ruling that the US must change its paper money to accommodate the blind, who are unable to tell the current, single-size bills apart, the Washington Post reports. The court ruled that the bills violate the Federal Rehabilitation Act, rejecting... More »

Under 35's Break Salary Talk Taboo 

Gab helps them navigate workplace
and plan nights out

(Newser) - Unlike mom and dad, young Americans are likely to gab about salary with friends, the New York Times reports. To older generations, "it’s very hush-hush," one 22-year-old said. "You don’t talk about money, politics, or religion with friends. But in this generation, it’s... More »

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 Man Finds $140K, Gives It Back 

Money troubles don't stop conscience from winning out

(Newser) - When Eli Estrada found $140,000 in unmarked bills sitting in the middle of the road, he thought he was rich. “That’s just your first reaction,” Estrada tells the Los Angeles Times, “but it’s not yours, and you feel nervous… like you did something wrong.... More »

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Money Brings Happiness
— if You Give it Away

Researchers discover giving makes people happier than receiving

(Newser) - Money can buy happiness after all, the Globe & Mail reports. A new study shows that people reported being happier if they spent money on others rather than themselves. "This work suggests that even making small alterations in how we spend money on a daily basis can make a... More »

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 25 Ways to Save in Europe 

Don't let the dismal dollar derail your dream vacation

(Newser) - Worried that exchanging your dollars into pounds will leave you with pennies? MSNBC outlines 25 ways to stretch your money in Europe.
  1. Find no-cost entertainment, like free days at museums or public concerts.
  2. Use a credit card or get cash from an ATM for the best exchange rates
... More »

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travel Europe money pound euro US dollar travel tips cheap travel

Island Nation Favors 4-Legged Currency

Vanuatu government encourages trade in shells, tusks, pigs

(Newser) - Vanuatu, a former Anglo-French colony once called the world's happiest country, is de-emphasizing cash in favor of traditional forms of exchange: shells, necklaces, grass mats, and pigs. The Telegraph travels to the South Pacific, where Vanuatu's government decreed a "Year of the Traditional Economy," encouraging citizens to reject... More »

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