A multi-million dollar guaranteed income pilot program is preparing for launch after a US state’s executive and legislative branches gave the green light. The new initiative is designed to help citizens living in the low-income bracket in California. The program, tentatively known as “Guaranteed Income Older Adults,” will target individuals who are 60 years of […]
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A billion-dollar fintech firm is preparing to send a total of $735,000 to tens of thousands of customers in a major settlement with regulators. New York Attorney General Letitia James says she’s secured more than $1 million from Netspend. The AG’s office says the firm, which provides reloadable debit cards and payroll cards, violated numerous […]
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Millions of dollars will be handed out to hundreds of people as a New York-based guaranteed income program expands to three additional states, according to a new report. The Bridge Project will offer unconditional direct cash disbursements to mothers in Kentucky, Ohio and West Virginia over the next three years, reports the Charleston Gazette-Mail. The goal […]
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Two widely followed crypto traders say President Trump may have made one of the biggest financial blunders in modern history moments before taking office. In a new video on the state of the markets, pseudonymous analysts DonAlt and Cred say the launch of Trump’s official memecoin (TRUMP) potentially squandered a massive fortune for the 47th […]
The post Trump May Have Made One of the Worst Financial Decisions in Modern History Moments Before Taking Office, According To Crypto Traders – Here’s Why appeared first on The Daily Hodl.
Dozens of families will receive no-strings-attached payments for an entire year as a major US county prepares to run its second guaranteed income experiment. Durham County, North Carolina is opening applications this month for DCo Thrives, a guaranteed income program targeting low-income families, reports The Herald Sun. One hundred and twenty-five families will be selected to […]
The post $1,125,000 To Be Handed Out With Zero Strings Attached As Major US County Prepares To Relaunch Guaranteed Income Program: Report appeared first on The Daily Hodl.
About a million Americans are expected to receive their piece of an imminent $2.4 billion payout from the Internal Revenue Service (IRS). The agency says it will be sending the funds by the end of the month to eligible individuals who did not claim the Recovery Rebate Credit, a refundable credit for taxpayers who did […]
The post US Government Sending $2,400,000,000 in ‘Special Payments’ To Americans – With One Million People Expected To Receive Cash appeared first on The Daily Hodl.
Julia Zanatta, a Brazilian congresswoman, has raised concerns about the effects of implementing drex, the Brazilian CBDC, on the lives of citizens. Zanatta emphasized that drex, if not properly implemented, might lead to the prohibition of physical money and proposed a ballot for its final implementation. Brazilian Congresswoman Warns About the End of Physical Money […]
A total of $7 trillion is now fully sidelined as a group of investors refuse to pour their cash into risk assets, according to a new report. New figures show the amount of capital sitting on the sidelines in money market funds is at a fresh record high, reports Reuters. Money market funds allow people […]
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A staggering $5 billion in lost and forgotten cash and assets are waiting to be claimed in one US state, according to a new report. The Illinois Treasury Department says residents are sitting on a serious pile of unclaimed assets, reports the Chicago Sun-Times. The assets are typically located in neglected bank accounts and safe […]
The post Staggering $5,000,000,000 in Cash and Assets Waiting To Be Claimed by Residents in One US State: Report appeared first on The Daily Hodl.
The Secret Service has been called in to investigate the discovery and seizure of $304,500 in fake U.S. currency at JFK International Airport in New York. U.S. Customs and Border Protection says a man on a flight from Ecuador tried to bring the trove of fake cash into the country, reports NBC New York. The […]
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