cash
In 2024, our approach to spending money reflects a significant shift towards a cashless society. This transition is a transformation in consumer behavior and business operations, and not just the mode of payment. At the center of this change is a simple observation: People tend to spend more when using cards as opposed to cash. […]
Bob Lee who was the creator of the popular online money transferring service Cash App was stabbed early Tuesday morning near downtown San Francisco. There’s not much information about this situation and it’s currently being investigated by the San Francisco homicide department. Cash App founder Bob Lee killed in San Francisco stabbing, sources say (nbcnews.com)
Monroe County is offering cash incentives to keep recent college grads from from leaving the area. The pilot program is called Rochester Emerging Talent and Innovations Network, or RETAIN. It offers recent college graduates a $2,000 payment, providing they live and work in Monroe County for one year. Monroe County is currently accepting applications for businesses […]
There is a new proposal by lawmakers for the $600 bank limit. The new proposal comes after the original plan for banks to flag individual accounts with more than $600 then the information to the IRS met backlash. Under the new plan lawmakers released on Tuesday, the amount is now up t0$10,000. Banks would have […]
A study done by the Federal Reserve Bank of New York shows black-owned businesses are most impacted by the pandemic. As a matter of fact, the brief said 41 percent of black businesses suffered an acute decline. The decline was more significant than any other group. Latinx business owners dropped 32 percent, Asian business owners […]
If cash is king, what does that make coins? Right now, coins are M.I.A.! The federal government said last month the Federal Reserve established a U.S. Coin Task Force to “mitigate the effects of low coin inventories caused by the COVID-19 pandemic.” The C-Team, (That’s Not The Real Name) is a 22 members task force. Representing […]
Last week Nigerian police received an anonymous tip that a homeless looking lady was acting suspicious and taking bags out of an upscale apartment building.
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