All Posts Tagged Tag: ‘Money’

Vatican Monsignor Arrested for Money Laundering

A former senior Vatican accountant who is already on house arrest is facing yet another charge for money laundering. Monsignor Nunzio Scarano is currently facing separate charges from last year for smuggling 20m euros into Italy. However, on Tuesday, he, along with two other suspects, were placed under arrest for the latest crime. According to investigators, 52 people are considered …

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Warren Buffet Backs $1B Perfect Bracket Challenge

With the financial insuring of Warren Buffet’s Berkshire Hathaway, Quicken Loans is running a contest that nobody will win. Buy holy moly, wouldn’t it be a hell of a thing to win. It’s called the Quicken Loans Billion Dollar Bracket Challenge, and it will deliver a billion dollars to anyone who can pick a 100% perfect NCAA March Madness bracket. …

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Student Loans- Being Smart About Your Credit

If you are planning to go to college, a student loan may be inevitable. While many students are able to get scholarships or can afford to pay for college on their own, this is not the case for many. There are many horror stories about student loans ruining credit or keeping the borrower in debt for most of their life, …

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Bill Gates Charity Criticized as “Worthless”

Bill Gates is incredibly wealthy; in fact, he’s the most wealthy person in the world. The co-founder of Microsoft and a noted investor, Gates is also well-known for his philanthropy work, mainly through the Bill and Melinda Gates Foundation, which has a hand in charitable donations to causes ranging from reducing HIV infections abroad to college-ready education and post secondary …

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Vegas Cab Driver Finds and Returns $300K

On Monday, a Las Vegas cab driver discovered in his backseat an unimaginable surprise. What Gerardo Gamboa thought was a brown paper bag filled with chocolate was actually loaded with $300,000 cash. After commuting to the Bellagio resort, a doorman assisting a passenger into the vehicle noticed the bag. While waiting at a traffic light, Gamboa took a peak inside …

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Minimum Wage Hike: Will There Be More Jobs or Less?

According to a recent ABC News/Washington Post poll conducted by Langer Research Associates, two-thirds of the United States populace supports an increase in minimum wage. Many claim that basic livelihood necessities cannot be met with the current payment structure in place. In fact, 48 percent of those polled are “strongly” supportive of an increase while only 20 percent are “strongly” …

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Waitress Returns $1,000 To Wrong Person

Samantha Knight, a waitress at Laishley Crab House in Punta Gorda, Florida, was working her regular shift when she noticed something unusual in one of the chairs, at a nearby table. As she approached the chair, she realized that there was a wad of money sitting there unattended. “I just saw a wad of hundreds. I didn’t count it cause …

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Powerball Winner’s Identity a Mystery

A winner of the recent Powerball drawing has yet to come forward to claim the prize. The Massachusetts Lottery says that the Appleton Market, located in the central Massachusetts town of Sterling, sold a ticket worth $34 million, and the winner’s identity remains a mystery. Wednesday’s annuity jackpot was worth $122.9 million, with a cash option of $61.4 million. The …

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China Bans Banks From Accepting Bitcoins

For some time now, the digital currency known as “bitcoins” has been ballooning in value thanks to a lot of speculation and the promise that the money will be finite. Currency 101 dictates that the more of something there is, the less value it has, a process known as inflation. This is why it would make sense to barter with …

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Google Wallet Now Lets You Add Credit/Debit Cards By Snapping Pictures

Earlier this week, Google unveiled the Google Wallet Card, a physical card that you can use to pay for things at stores using your Google Wallet account. Google has now updated its Google Wallet app for Android, adding another big feature. You can now add credit and debit cards to your account by taking pictures of them. “Add a credit/debit …

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Reuters: Pentagon Bookkeepers Wasted $8.5 Trillion

Earlier this summer, Reuters authors Scot J. Paltrow and Kelly Carr conducted an investigation into the Pentagon’s payroll practices; in their report, the authors alleged that an unbelievable level of dysfunction is causing financial hardships for soldiers. Today, the news does not get any better as Reuters published a second expose, this one even meatier than the first. The second …

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Man Finds $98K in $150 Craigslist Desk, Returns It

In man, I guess people aren’t all bad news, a New Haven, Connecticut Rabbi has returned a woman’s entire inheritance after he found it in a bag inside a desk he purchased on Craigslist. Rabbi Noah Muroff and his wife purchased a desk for $150 on the online classifieds site, only to find that it wouldn’t quite fit through their …

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