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 […]
The post $7,000,000,000,000 in Cash Sidelined As Investors Refuse To Pour Capital Into Risk Assets: Report appeared first on The Daily Hodl.
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 […]
The post $304,500 in Counterfeit Cash Seized at New York Airport, Triggering Secret Service Investigation appeared first on The Daily Hodl.
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 […]
The post $1,900,000 To Be Handed To Victims of ‘Free Credit Report’ Scam That Conned 42,849 People appeared first on The 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 […]
The post Google Hit With Staggering $20,000,000,000,000,000,000,000,000,000,000,000 Fine After Blocking Russian TV on YouTube: Report appeared first on The Daily Hodl.
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 […]
The post Police Seize $225,000 From 70-Year-Old Man Despite No Crime Committed, Triggering Years-Long Lawsuit: Report appeared first on The Daily Hodl.
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 […]
The post Bank Paying $29,500,000 To Americans for Allegedly Bombarding People With Illegal Phone Calls, Demanding Nonexistent Debt Payments appeared first on The Daily Hodl.
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 […]
The post $6,470,000,000,000 Crammed Into Money Market Funds As JPMorgan Chase Issues Rate Cut Warning appeared first on The Daily Hodl.
Police in a major US city are looking for suspects as reports of people receiving fake $100 bills spread across the community. Authorities in Clare, Michigan say at least five phony $100 bills were discovered inside an Isabella Bank branch, reports Newsradio WSGW. The bills all carry the same phony serial number and were deposited […]
The post US Bank Customers Deposit Fake $100 Bills As Police Issue Warning on Counterfeit Cash: Report appeared first on The Daily Hodl.
A JPMorgan Chase customer says she was shocked to see her account abruptly wiped out and placed nearly $50 billion in the negative. Gabe Flores went viral after sharing the story of his friend Maddie, who logged into Chase after a crazy night out and noticed her $76 savings balance had plunged into extremely deep […]
The post $49,999,999,697 Abruptly Exits Chase Bank Account in Massive Withdrawal After Customer Has ‘Crazy Night Out’: Report appeared first on The Daily Hodl.
