money

$1,125,000 To Be Handed Out With Zero Strings Attached As Major US County Prepares To Relaunch Guaranteed Income Program: Report

January 11, 2025 The Daily Hodl

Basic Income

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 […]

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US Government Sending $2,400,000,000 in ‘Special Payments’ To Americans – With One Million People Expected To Receive Cash

December 28, 2024 The Daily Hodl

Cash

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 […]

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$7,000,000,000,000 in Cash Sidelined As Investors Refuse To Pour Capital Into Risk Assets: Report

December 14, 2024 The Daily Hodl

Assets

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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Staggering $5,000,000,000 in Cash and Assets Waiting To Be Claimed by Residents in One US State: Report

December 13, 2024 The Daily Hodl

Assets

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 […]

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$304,500 in Counterfeit Cash Seized at New York Airport, Triggering Secret Service Investigation

December 1, 2024 The Daily Hodl

Cash

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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$1,900,000 To Be Handed To Victims of ‘Free Credit Report’ Scam That Conned 42,849 People

November 28, 2024 The Daily Hodl

Credit

The Federal Trade Commission (FTC) is preparing to send a total of $1.9 million to victims of an alleged free credit report scam. The FTC says 42,849 victims will receive their share of the funds, stemming from a lawsuit that the agency filed against Credit Bureau Center back in 2017. According to the FTC, Credit […]

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Google Hit With Staggering $20,000,000,000,000,000,000,000,000,000,000,000 Fine After Blocking Russian TV on YouTube: Report

October 30, 2024 The Daily Hodl

Daily Hodl

A Russian court has reportedly hit Google with a truly astronomical fine for blocking a group of television channels on YouTube. The court says Google has amassed a 2 undecillion ruble fine – worth about $20 decillion USD – for blocking accounts of pro-Russia and state-run media outlets, reports the Russia-based media outlet RBC. The Russian […]

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Police Seize $225,000 From 70-Year-Old Man Despite No Crime Committed, Triggering Years-Long Lawsuit: Report

October 27, 2024 The Daily Hodl

asset

A Mississippi trucker is reportedly fighting to get his life savings back after police seized it during a traffic stop. In September of 2020, Rae Young Chung was in his truck delivering auto parts to a business in Georgia when he was pulled over by a narcotics officer. According to court documents, Chung was pulled […]

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Bank Paying $29,500,000 To Americans for Allegedly Bombarding People With Illegal Phone Calls, Demanding Nonexistent Debt Payments

October 15, 2024 The Daily Hodl

bank

One of the largest banks in the US is preparing to hand out $29.5 million to settle accusations that the lender illegally robocalled hundreds of thousands of people. Citibank is accused of making unsolicited, prerecorded calls requesting debt payments to people who don’t even have accounts at the bank. Lead Plaintiff Christine Head claims the […]

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$6,470,000,000,000 Crammed Into Money Market Funds As JPMorgan Chase Issues Rate Cut Warning

October 13, 2024 The Daily Hodl

bank

Investors have now deposited a record $6.47 trillion into money market funds, according to a new report. In the last week alone $11 billion has entered the funds, reports Bloomberg, citing data from the Investment Company Institute. Investors flocked to money market funds as the Federal Reserve raised interest rates to get higher yields on […]

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