money

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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...

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...

Dow Dips 62 on China News
 Dow Dips 62 on China News 

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...

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
...

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...

Oil Soars, Dow Tumbles 115
 Oil Soars, Dow Tumbles 115 

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...

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...

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...

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...

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,
...

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,...

Kid Swiped Grandpa's $25K, Began Giving Out $100 Bills

Cops have recovered about $7K so far

(Newser) - Police in Ohio say a middle school student took $25,000 from his grandfather and later started handing out $100 bills to his classmates. Authorities say the 13-year-old gave out thousands of dollars this week before school officials discovered what was happening. Investigators in the northeastern Ohio city of Medina...

The 4 Women Who Could Grace the $20 Bill

Rosa Parks, Harriet Tubman, Eleanor Roosevelt, Wilma Mankiller

(Newser) - And then there were four: Rosa Parks, Harriet Tubman, Eleanor Roosevelt, and Wilma Mankiller have been named as the finalists for the Women on 20s campaign to replace Andrew Jackson with a female on the $20 bill . Over five weeks, more than 250,000 people voted in an online poll...

Group's Goal: Put Woman on the $20 Bill

Roosevelt one of 15 candidates a women's group hopes will replace Andrew Jackson

(Newser) - Harriet Tubman, Rosa Parks, Clara Barton—they were all activists who changed the American landscape, and they all deserve to be on the $20 bill way more than the guy who's currently there. That's the stance of Women On 20s , a campaign vying to tear Andrew Jackson's...

Jeb Bush's Wife: Very Low-Key, Lavish Taste

Columba Bush loves charity work, needlepoint, and expensive jewelry: reports

(Newser) - In 1989, the wife of former Florida Gov. Jeb Bush told the Miami Herald, "I'm not a political person. At home, we're a common, ordinary couple," per the New York Times . By most accounts, Columba Bush is deeply private, painting and doing needlepoint, eating plain fare...

Blind Boy's Campaign Changing Australia's Cash

Nation will add tactile features so bills can be told apart

(Newser) - Australia is redesigning its cash and adding a tactile feature so blind people can tell the bills apart. And as the nation's ABC News reports, the pending change is largely thanks to a 13-year-old kid named Connor McLeod. He launched a campaign and online petition that gained steam and...

80 Monopoly Sets Made With Real Money Inside

They're among 30K new sets printed in France

(Newser) - It's been 80 years since Monopoly first made its way to France, and to celebrate, manufacturers are hiding 80 games with real money in a new printing of 30,000 sets. While 69 of the 80 will have five 10-euro notes and five 20-euro notes, and another 10 will...

By Next Year, Richest 1% to Own More Than Other 99%
By Next Year, Richest 1% to Own More Than Other 99%
new report

By Next Year, Richest 1% to Own More Than Other 99%

Oxfam calls for 7-point plan to address inequality

(Newser) - The rich really are getting richer—and by 2016, they'll own more than the rest of the world, says a research paper published by anti-poverty charity Oxfam. The paper shows that global wealth owned by the richest 1% jumped from 44% in 2009 to 48% in 2014, putting this...

Lottery Luck Strikes Twice for Maryland Truck Driver

39-year-old dad won $250K in 2005

(Newser) - A Maryland truck driver has won his second lottery in a decade. The 39-year-old—who has remained anonymous—claimed his $2.85 million Multi-Match winnings on Saturday, the Baltimore Sun reports. "It's great to be back," he said. The man apparently pops into stores along his route...

This New Year, Figure Out What You&#39;re Worth
This New Year, Figure Out What You're Worth
OPINION

This New Year, Figure Out What You're Worth

Michelle Singletary: Your net worth might not be as great as you think it is

(Newser) - The economy is chugging right along , interest is cheap, jobs are there for the taking, and Americans ... have apparently learned nothing from 2008, because with a new year looming, a pair of surveys shows that only about one in three of us are setting financial objectives. And while losing 10...

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