money

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He Got the Whole Town's COVID Payments. Then He Vanished

Man in Japanese town of Abu took off with nearly $360K mistakenly transferred to him

(Newser) - Last month, more than 450 households in a Japanese town in the Yamaguchi prefecture eagerly awaited COVID relief payments of about $770 each, designed to help families struggling due to the pandemic. One villager received all the payments in his account, however, and he's now disappeared, as has the...

Start Digging in Your Sofa for Much-Needed Coins

Businesses across the US are begging people to put spare change into circulation amid shortage

(Newser) - Got a dime you can spare? Retailers, laundromats, and other businesses that rely on coins want you to turn it in, along with any other spare change in piggy banks or under couch cushions, as coins are in short supply again, the AP reports. A group of trade associations that...

New 'Remarkable' Women's Quarters Starts With a Big One

US Mint has started shipping quarters with image of poet Maya Angelou, first in a series

(Newser) - The United States Mint said Monday it has begun shipping quarters featuring the image of poet Maya Angelou, the first coins in its American Women Quarters Program. Angelou, an American author, poet, and civil rights activist, rose to prominence with the publication of I Know Why the Caged Bird Sings...

Money Flies Out the Back of Armored Truck on Freeway

Police: Turn in the cash or face charges

(Newser) - Drivers scrambled to grab cash Friday morning after bags of money fell out of an armored truck on a Southern California freeway, authorities said. The incident occurred shortly before 9:15am on Interstate 5 in Carlsbad as the truck was heading from San Diego to an office of the Federal...

Powerball Goes 0 for 39, Leading to Massive Jackpot

It's now up to $620M ahead of Saturday's drawing

(Newser) - After nearly four months without a big winner, the Powerball jackpot has climbed to an estimated $620 million, making it the 10th largest US lottery prize ahead of Saturday night's drawing, per the AP . There have been 39 drawings in a row without a Powerball grand prizewinner, dating back...

A Case for Ditching the Career to Embrace 'Lying Flat'

Cassady Rosenblum writes about the movement in essay for 'NYT'

(Newser) - "Work has become intolerable. Rest is resistance." That's the message of the "lying flat" movement that kicked off in China in April and is now starting to take hold globally as a pushback against the 24/7 hamster wheel of capitalism, detailed in Cassady Rosenblum's op-ed...

Awesome at Hiking, Terrible With Money
Awesome at Hiking,
Terrible With Money
longform

Awesome at Hiking, Terrible With Money

'Outside' writer examines why young, outdoorsy types are typically bad with finances

(Newser) - In an essay at Outside magazine, Gloria Liu explores a phenomenon that hits close to home for herself: Young, outdoorsy types tend to be terrible with money. Liu, now in her late 30s, uses herself as Exhibit A, but she notes that many of her friends also fit the description....

Bezos Leaves CEO Post With a Pretty Penny in His Pocket

Amazon founder is worth $201.8B—about 740,000 times median net worth of an American at age 65

(Newser) - Jeff Bezos may be giving up his CEO title , but he'll hold onto world's richest man honors, at least for now. The Amazon chief officially hands over the reins Monday to Andy Jassy, the head of the company's web services, but not before amassing a net worth...

Harry Said He and Meghan Were Cut Off. Now, a Royals Account

Clarence House spokesperson says Prince Charles funded Sussexes into summer of 2020

(Newser) - When Prince Harry and Meghan Markle's interview with Oprah Winfrey aired in March, one of the claims the Duke of Sussex made was that they'd been cut off financially by the royal family in the first quarter of 2020 and were forced to use an inheritance from Harry'...

Iconic 'Doge' Meme NFT Breaks Record at $4M
'Doge' Meme NFT
Sells for Millions

'Doge' Meme NFT Sells for Millions

The original dog's owner will donate some of the proceeds to charity

(Newser) - Taking a picture of your adorable dog and posting it so other people can admire her, too, is usually its own reward. But Atsuko Sato, a kindergarten teacher in Japan, is also getting a record-setting $4 million worth of Ethereum after selling it as an NFT, NBC News reports....

To Celebrate a Code-Breaker, Spy Agency Offers a Challenge

It's inspired by Alan Turing, who appears on Britain's new 50-pound note

(Newser) - The UK's spy agency has released its "hardest puzzle ever" in honor of Alan Turing's appearance on the Bank of England's highest-value banknote, the 50-pound bill. Turing—"the first openly gay man to have his face on a banknote," per the Independent —was...

From a High-Rise Window, a 'Heavenly Rain of Bank Notes'

Cops in Chongqing, China, say man in 'trance' from drugs was throwing cash out of 30th-floor window

(Newser) - Commuters in China got an unexpected windfall earlier this month, though not everyone leaves this story with a happy ending. Police in Chongqing, located in the southwestern part of the country, said that traffic was brought to a halt on Oct. 17 when a man on the 30th floor of...

Someone Tries Laundering Money—Literally

South Korean loses 'considerable' sum after washing-machine debacle

(Newser) - Money laundering is not a good idea, as a South Korean found out when he or she put banknotes in a washing machine to remove possible traces of the coronavirus, the AP reports. Officials say the loss was considerable. The person living in Ansan city, near Seoul, placed an unspecified...

'Minnesota Freedom Fund' Reels After Getting $30M

The nonprofit is suddenly flush and under a microscope

(Newser) - A small nonprofit is feeling the heat after receiving more than $30 million in the wake of George Floyd's death, the New York Times reports. The Minnesota Freedom Fund—which had only one full-time worker earlier this month—became a popular cause for activist and celebrity donors. Now the...

Small-Business Owners Run Into Huge 'Bottleneck'

Federal loan programs are deluged and running low on funds

(Newser) - Millions of small businesses are barely staying afloat amid the coronavirus pandemic, and the feds are offering help—but getting that help is another thing, the New York Times reports. Two federal efforts, the Paycheck Protection Program and the Economic Injury Disaster Loan program, are both low on funds and...

Guy Makes Incredible Find in Used Couch
Guy Buys Couch, Finds $43K

Guy Buys Couch, Finds $43K

But Howard Kirby didn't feel right about it

(Newser) - That ottoman seems kinda hard. Let's look inside. That's what a Michigan man thought before his daughter opened up a cushion in a used couch he'd just bought—and found over $43,000, MLive reports. Howard Kirby had paid only $70 for the couch at the Habitat...

Bank Customer Walks In With a Highly Unusual Bill

But tellers at Pinnacle Bank in Lincoln, Nebraska, weren't fooled

(Newser) - At least he tried? A guy walked into a Nebraska bank Monday and tried opening a checking account with a fake $1 million bill, the Lincoln Journal Star reports. He swore it was real, but tellers at Pinnacle Bank in Lincoln disagreed and he walked out. Now police are trying...

Lost Your Wallet? Pray That It Had Lots of Cash Inside

The more money in a 'lost wallet,' the more likely that people would return it, researchers found

(Newser) - If you recently found a cash-filled wallet belonging to Brett Miller, Connor Baker, or Brad O'Brien and made the effort to return it, you may have helped researchers restore a collective faith in mankind. The New York Times reports on a new study in the journal Science that tried...

The Harriet Tubman $20 Bill Isn't Coming in 2020 After All

We won't know if she'll for sure be on it until 2026

(Newser) - The 108th anniversary doesn't have quite the same ring to it, but that's apparently how it's going to be. Treasury Secretary Steven Mnuchin on Wednesday announced that the redesigned $20 bill—which former Treasury Secretary Jacob Lew in 2016 decided would feature Harriet Tubman—will not be...

$30K Spills on Road. And Authorities Want It Back

Drivers stop to grab dollars in Grand Haven, Michigan

(Newser) - Police in Michigan are appealing to people to surrender their instant riches after a box with $30,000 fell off the back of a truck, the AP reports. Authorities in Grand Haven say drivers stopped Thursday to pick up cash for themselves. Officers closed the US 31 but only $2,...

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