Bank of America refuses to cash $900 cashier's check from 1988
The cashier's check was originally made out to the San Francisco woman more than 34 years ago.
Recommended Stories
MarketWatchInflation report brings 2 pieces of good news for retirees and retirement savers
Retirees and those seeking secure income got two items of very good news this week, though you may only have heard about one. July’s inflation came in below fears (although a debate now rages on what the “real” inflation rate is—more on that below). Meanwhile, your ability to earn a guaranteed rate of return on risk-free investments, regardless of what happens to inflation, actually went up.
- Motley Fool
The Fed Raised Rates Again. Here's Why It Pays to Move to an Online Bank
In June, the Federal Reserve raised its benchmark interest rate by 0.75%, signifying the largest rate hike in decades. The reason the Fed is raising rates to such an extreme is that it wants to slow the pace of inflation. By raising interest rates, the Fed is hoping to make borrowing expensive enough that it prompts consumers to cut back on spending to a modest degree.
- MoneyWise
With interest rates rising, is locking money in a CD finally worth it in 2022?
Certificates of deposit have been paying very low rates for years, but that is changing.
- SheKnows
Stepdad Wants to Charge His 8-Year-Old Rent as a "Money Management" Lesson & Reddit Set Him Straight
A stepdad’s idea for a money management lesson has been resoundingly shut down by Reddit’s “AITA“ forum. He began his post by explaining that he didn’t feel he was TA in this situation but seemed open to feedback. His stepson gets an allowance of $25/week for helping out around the house. “I want to charge […]
- SlickDeals Money
11 Ways to Be Frugal and Save Money
Tip to manage your money wisely so that it goes even further.
- TheStreet.com
Billionaire Mark Cuban Takes Surprise Stance on Controversial New Tax
The entrepreneur Mark Cuban just took a stand in a debate that's hotly controversial in business circles and Congress.
- Business Insider
How to achieve financial freedom, according to 9 couples and individuals under 40 who've done it
Several people who've become financially free and retired early share the details of how they made it happen, including investments they made.
- Chicago Tribune
Rivian now has nearly 200,000 orders for its EV trucks and delivery vans. It’s produced 8,000
Startup electric truck manufacturer Rivian continues to see robust demand for its inaugural products, with nearly 200,000 orders in hand, and a long way to go to fill them. Rivian announced during a second quarter earnings call Thursday it had more than 98,000 orders for its R1T pickup and R1S SUV as of June 30. Amazon, an early investor in Rivian, has ordered 100,000 commercial electric ...
- Motley Fool
3 Supercharged Growth Stocks Down 88% to 93% That Billionaires Can't Stop Buying
Not even a bear market decline can faze billionaire money managers who are intent on owning innovative companies and future industry leaders.
- Reuters
Inflation steers budget shoppers away from Walmart. Bringing them back may not be easy
Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to a Walmart Supercenter when gasoline was $5 a gallon. While gasoline prices have dropped nearly 20% over the past month, there are no signs shoppers are returning to the nation's biggest retailer, according to foot traffic data reviewed by Reuters and analysts. Foot traffic at Walmart's 3,573 U.S. Supercenters and its 370 discount stores (as of Jan. 31, 2022) fell 2.7% on average from June 1 through July 25 versus a year earlier, according to data from Placer.ai, a location analytics firm.
- MoneyWise
Kevin O'Leary says these are the best assets to own as inflation stays white hot
Inflation is still near multi-decade highs. Mr. Wonderful is using these stocks to fight back.
- Fortune
Ryan Reynolds spent nearly $3 million before consulting his wife Blake Lively: ‘We’re still working through that one’
Financial planners share how much spouses should be able to comfortably spend from joint income.
- Motley Fool
1 Growth Stock Down 82% That's Soaring This Month -- and There's Still Time to Buy
This artificial-intelligence-driven insurer has quadrupled the return of the Nasdaq 100 in the past month.
- Bloomberg
Powell Needs to Speak Up to Stop Ill-Fated Market Rally, Strategist Says
(Bloomberg) -- Principal Global Investors’ Seema Shah is no stock market bull but says the rally that erupted Wednesday may continue until the head of the Federal Reserve steps up and stops it.Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsGarland Seeks to Unseal Trump Warrant, Says He Approved SearchChina Has Painted Itself Into a Semiconductor CornerRuto, Odinga Shy of Victory in Latest Vote Counts: Kenya
- TheStreet.com
Tesla Rival Rivian is Being Held Back by a Big Problem
The young electric vehicle maker is trying to convince the world it has a future as doubts persist over its ability to mass-produce vehicles.
- SmartAsset
Ask An Advisor: I Live on Social Security and Food Stamps. Can I Protect My Investments in a Down Market?
I'm retired and living on Social Security and food stamps. I have all my money in two conservative retirement accounts. I cannot contribute any money to them. I plan on taking distributions in five years. What's the best course of … Continue reading → The post Ask An Advisor: I Live on Social Security and Food Stamps. Can I Protect My Investments in a Down Market? appeared first on SmartAsset Blog.
- Motley Fool
2 Stock-Split Stocks That Have Never Been Cheaper and 1 Value Trap to Avoid Like the Plague
Among the dozens of stocks to enact splits this year are two industry leaders that scream value and one cash-rich company that's clobbering its shareholders.
- Business Insider
Warren Buffett's Berkshire Hathaway has plowed over $25 billion into Chevron and Occidental this year. One energy guru suggests why.
Buffett may be scooping up Occidental Petroleum stock in order to benefit from inflation and rising oil prices, according to Josh Young, an energy-stock specialist.
- Motley Fool
Suze Orman Says 'Don't Be Stupid' -- Make This Investment
On a recent podcast, Orman reiterated something she's been saying for weeks -- that now's a good time to invest in I bonds. The amount of interest they pay you correlates to inflation, so the interest you collect this year could be different than the interest you collect three years down the line.
- Zacks
Ford (F) Re-Opens F-150 Lightning Orders, Hikes Prices Sharply
Ford (F) restarts the order book for the electric F-150 Lightning as its production capacity matches demand. The new version is pricey due to higher material costs but comes with new features.