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    Chinese state media has declared victory in a war of words with JP Morgan's CEO after he issued two grovelling apologies for joking that his bank would outlast the Communist Party.  The Global Times, a mouthpiece for the state, gloated over the apologies - chastising CEO Jamie Dimon for forgetting not to bite the hand that feeds. The paper also warned US companies to 'educate' themselves and avoid making 'ignorant' remarks as they become reliant on Chinese markets for their success. 'The Chinese market is closely related to the success of US companies, and the CPC is the backbone of China's success. Don't they see the link between the two?,' the column said. Jamie Dimon, the CEO of JPMorgan, made two grovelling apologies after a joke he made about his bank outlasting China's Communist Party made the news   It later added: 'A Chinese saying goes, after one finishes eating meat in the bowl, they start cursing people who give them the food.  'We believe a CEO and billionaire businessman should have understood this. He might have forgotten it for a...
    New York (CNN)JPMorgan Chase is buying the Infatuation, a restaurant discovery platform that shares reviews and recommendations on where to eat.The acquisition will include the Infatuation's entire business, including Zagat, which the company purchased in March 2018. The bank didn't disclose the price of the deal. The news was first reported by the Wall Street Journal.America's biggest bank is buying the company as restaurants shuffle to adapt and stay afloat through the Covid-19 pandemic. It's an unusual move for a bank to get into publishing, but the Infatuation's focus aligns with JPMorgan's recent push to attract high-end customers who spend heavily on dining out.The Infatuation currently has a presence in 50 cities across the United States and abroad and connects with consumers through its website, mobile app, live dining events and a bi-coastal food festival called EEEEEATSCON.Read MoreThrough this partnership, the bank will look for opportunities to provide "perks" for Chase card holders, a spokesperson for JPMorgan told CNN Business. These perks could potentially include giving customers special access to The Infatuation's content or experiences, the spokesperson added."We've long admired...
    THERE is a code you can look for on your bank statement that indicates the IRS is sending more money your way. The agency hasn't yet finished sending out refunds for overpaid taxes on 2020 unemployment benefits, and refunds are expected to be issued through the end of the summer. 1You can check your bank statement if you believe you are owed an unemployment tax refund Last month, some 1.5million refunds were disbursed to people who paid more taxes than they were required while receiving unemployment benefits during 2020. Many people paid more because the first $10,200 of unemployment benefits did not become nontaxable income until the American Rescue Plan was passed this spring. When the plan was passed in March, it stated that the first $10,200 for single filers and $20,400 for couples filing jointly would not be taxed. Taxpayers who filed their taxes before the bill was signed into law may be due a refund. HOW TO CHECK REFUND STATUS The IRS announced that it would automatically issue refunds after making the adjustment based on the...
    If Bizum has not just convinced you for whatever reason, there are several alternatives that may be to your liking, since they have the same purpose, although with different types of philosophies both in design and in operation. What is clear is that Bizum has gained a lot of popularity thanks to being a very fast and secure money transfer system, something that it achieves by being a service created by the Spanish bank. The ease with which we can activate it is very high and the vast majority of banks accept it and it is very popular. With all these precedents, it is not surprising that Bizum has been widely disseminated, in addition to the fact that we can send money even to people who are not on active duty, so in this case they already overtake much of their competition. But all this does not mean that the alternatives that exist today to this system do not work as well, since many of them have many years of experience behind them, so we are not talking about new...
    T-Mobile Weeks after applying for public service loan forgiveness, a federal program that forgives student loan debt for eligible workers, Kathleen Young got a phone call. The woman on the other end said she could help Young forgive her student debt. Young, an elementary school teacher in Palo Alto, California, assumed it was the U.S. Department of Education calling about the public service program. She verified her Social Security number and gave the woman her bank account information to enroll, which she was told would consolidate her loans and forgive them after 60 payments (public service loan forgiveness requires 120 qualified payments.) She was informed she'd see her first payment taken from her bank account in about 10 days. Later, however, she realized something felt off. She looked up Guidance Alum, the company that called her, and saw that it isn't associated with the Department of Education and has multiple complaints, including to the Better Business Bureau, about its services. More from Invest in You:10 work-from-home jobs that pay six figuresIf you plan to quit, here's what career experts say...
    Destination Tomorrow is a grassroots agency and the LGBTQ+ center of the Bronx borough.It is our belief that no individual should have to leave his, her, or their neighborhood to access LGBTQ specific services. It is our belief that all LGBTQ young people deserve a space to grow, learn, and flourish. It is our belief that people, regardless of their sexual identity or gender expression, deserve a space they can call their own.Through its comprehensive programming and services - both in-house and referral based - we work diligently to make sure Bronx LGBTQ+ community members and those who love and support them have this space.We also offer capacity-building to agencies who wish to work with LGBTQ+ communities but lack the cultural competency, expertise, and space to do so.For more information visit: https://destinationtomorrow.org/
    The following is a transcript of an interview with Bank of America CEO Brian Moynihan that aired Sunday, June 6, 2021, on "Face the Nation." JOHN DICKERSON: We turn now to the state of our economy with Bank of America chairman and CEO Brian Moynihan. Good morning. CHAIRMAN AND CEO OF BANK OF AMERICA BRIAN MOYNIHAN: Good morning, JOHN. How are you? JOHN DICKERSON: I want to start- very well, thank you. I want to start with the question of cyber-attacks. There have been a whole recent number of them, and we've seen the way in which these ransomware attacks can affect the economy. How much time are you spending on this and has your approach to it become- have the stakes increased based on these new recent attacks? MOYNIHAN: Well, the financial services industry, this has been an issue for many years, and so I- I spent time on it. But frankly, the good news is we have a great team and our spending a year has gone from maybe four or five hundred million dollars a year...
    Colonialism has done immense damage in the world, and its damage is ongoing. Look around the world and consider the problems we face. In almost every case, you will see the hand of colonialism causing the problem or making it worse. Today, we frequently hear progressive voices argue that “settler colonialism” is a helpful frame for understanding the nature of the deadly and intractable conflict in Israel and Palestine. My sense is that few people understand colonialism, let alone settler colonialism. I write here to provide some context. For centuries, nations have crossed borders and claimed the lands of others as their own. With notable exceptions, most of this colonial activity started before the 20th century, but much of Africa, the Middle East, and Asia remained colonized until the mid to late 20th century. In our time, newer forms of international domination have emerged that are more efficient and less cumbersome than taking lands and the people on them. Historians, and other scholars who have studied colonialism, have distinguished between multiple forms of colonialism. All types of colonialism have in common a scheme for the colonizing nation...
    This is a reminder for those of us celebrating our new freedoms. Many of our neighbors remain in crisis, even as masks and COVID-19 case numbers come down. In Los Angeles County, far more people are experiencing food insecurity than before the pandemic. Even before COVID shut down California, too many of us — largely because of our sky-high housing costs — had too little left over after paying rent to put food on the table without government assistance, food banks and neighborhood food pantries. And then came the furloughs and the layoffs as businesses temporarily shuttered or closed for good. People lost their jobs or got sick or had sick loved ones. They racked up enormous debts — maxing out credit cards and deferring rent and mortgage payments and falling into deeper and deeper holes. Since the pandemic began, the number of people receiving food each month from the Los Angeles Regional Food Bank has tripled, from 300,000 to more than 900,000. That number hasn’t gone down, though the amount of food distributed has dropped slightly from the...
    Republican Sen. Tom Cotton claimed President Joe Biden's plan to crack down on tax cheats is a ploy to conduct surveillance of all Americans. Sen. Tom Cotton (R-AR) claimed on Sunday that the Biden administration is attempting to "track the money" individuals have in their bank accounts by increasing funding to enable the IRS to go after tax cheats. During an appearance on Fox Business' "Sunday Morning Futures," Cotton did not correct host Maria Bartiromo when she said a proposed $80 billion addition to IRS funding would "help the banks give the Treasury direct access into our bank accounts." Cotton responded with the long-debunked Republican claim that the IRS had been misused during the Obama administration to "persecute Christian groups and conservative groups." The senator went on to claim that the IRS wants to "track the money that you have in your checking account or your savings account or your 401(k). Suffice to say, I don't think many Republicans are going to support that in the Congress," he concluded. But...
    ONE Direction star Liam Payne has praised a struggling mum's "incredibly moving" poem about her battle to put food on the table. The performer is among a host of famous faces moved by the mother's poem Acceptable?, which has been turned into a video by the Trussell Trust. 4Liam Payne is among the stars to speak out about a struggling mum's moving poemCredit: Rex 4The mum penned a verse after struggling to feed her child and having to turn to food banks for helpCredit: Getty - Contributor In the footage, volunteers perform the verses, which include the tragic line: "I needed free food because I didn't have enough money. I didn't have enough food in my child's tummy". Last month, the charity announced that a record 2.5million emergency food parcels were provided to people in crisis by food banks in their network in 2020. Of those, just under one million - or two parcels a minute - were handed to children. The anonymous mum said she was left "embarrassed" that she and her child were going hungry. "I’m a university...
    BANK Holiday Brits face travel chaos as 15 million drivers are set to hit the road in the busiest getaway in five years. Rail delays are set to cause headaches for anyone hoping to zip off for a break - with London Euston shut all weekend cutting off the North. ???? Read our coronavirus live blog for the latest updates 4 Londoners hoping to get to the coast may struggle by rail, with Victoria station not running Southern services. Trains bringing people into the capital from Essex will be hit by disruption between Chelmsford and London Liverpool Street. And daytrippers from Luton heading to London may also find their plans scuppered, with trains to London St Pancras International in disarray. The RAC has predicted 14.8m trips will be made to visit friends and family, now that rules on travel have been relaxed and garden lunches are allowed. Households can also now stay at Airbnbs and other self-catered spots for staycations, and cross-border travel between England, Wales and Scotland has opened up. Families can also meet up in beer gardens and restaurant terraces...
    THE first week of May could be a snowy one, according to weather graphs. The white stuff could follow weeks of warm spring weather that has been enjoyed by millions as the lockdown lifts. ???? Read our UK weather live blog for the latest forecasts 8Sun worshippers enjoyed the beach at BournemouthCredit: ©Graham Hunt People walk a dog in snowy conditions near Hawes in the Yorkshire Dales National Park earlier this year The Weather Outlook tweeted an image of the UK with smudges of snow dotted across the map.  "GFS06z shows the risk of snow in southern counties during the first week of May," they said. This comes as people enjoy the warmer spring weather and the eased restrictions throughout the country. A possible bank holiday heatwave has been predicted, which could see temperatures soar to 32C. The warm weather comes as the UK is set for the warmest summer "from the past ten years," according to experts. With no rain forecast this week or next, some weather experts predict there may be a Spanish Plume of hot weather...
    Last year was a difficult one for millions of people in the U.S.  It was not so difficult for big banks, and one of the ways the banks raked in revenue was by hitting struggling people with overdraft fees. During the final quarter of 2020, when the coronavirus pandemic was battering the country, JPMorganChase, Bank of America, and Wells Fargo each took in more than $300 million in overdraft fees alone. Those fees are slapped on people who are by definition struggling, and banks often use strategies to maximize the number of fees people pay, like ordering transactions so that the biggest amounts go through first, which lets them charge fees on more, smaller transactions. And it’s no thanks to the banks that it wasn’t much, much worse—COVID-19 relief from the government protected many people from the worst. Around one in three checking accounts has at least one overdraft a year, and 5% of checking account holders have 20 or more overdrafts a year, accounting for more than 60% of overdraft fees. In 2020, the average overdraft fee was over $33. Many...
    PHILADELPHIA (CBS) — The Phillies took the field at Citizens Bank Park for practice on Wednesday. Tomorrow is the real deal! It will be the first time in more than a year that fans will be able to be in the seats to watch the games. And for things to get to this point, it’s taken a lot of planning and work by the city for fans in the stands to be possible. READ MORE: Philadelphia Officials Discuss Plans To Keep Kids Safe From Gun Violence After Another Shooting Near Recreation Center Sports Director Don Bell went one-on-one with the man in charge of it all — Mayor Jim Kenney. The opening day experience is hard to take for granted given where we were in March of 2020. Excited fans will be in the stands and Kenney will be one of them. Eyewitness News caught up with him to talk about opening day and beyond. Bell: The weather is getting nicer, people are getting a little frisky and the number of COVID cases are on the rise. If this trend...
    New York : The IRS He mailed a “large number” of checks for $ 1,400 in the mail last week, which will start arriving by the end of the week or the next. The agency recognizes that there are people who believed that they would receive the money in their bank accounts, but some with the bank forced to process the payment physically. “Your payment may have been mailed because the bank rejected the deposit. This could happen because the bank information is not valid or because the bank account has been closed “the agency warned. He adds that banking information that the IRS already has on file cannot be changed and strongly urges Americans to avoid calling. “Do not call the IRS, our telephone assistants will not be able to change your bank information either”, he indicated. The IRS will continue to ship weekly, but there is no official schedule. There is a universe of 12 million people, for example, who earn less than $ 12,000 annually., so they do not report taxes, so the agency would send...
    A Palestinian medic displays a vial of the Moderna COVID-19 vaccine, at the health ministry, in the West Bank city of Bethlehem, Wednesday, Feb. 3, 2021. AP Photo/Oded Balilty, File Israel's COVID-19 vaccine rollout has been the best in the world so far.  But occupied Palestinians have mostly been excluded from the country's efforts. One student who was denied a shot last month helped ensure vaccines for her fellow Palestinian students. Visit Insider's homepage for more stories. It takes graduate student Nadiah Sabaneh five hours to travel from her home in the Northern West Bank to her university in Tel Aviv. She has to arrange transportation, brace the weather, and pass through three military checkpoints to reach her campus. But she didn't mind the rain-drenched journey to Tel Aviv University on February 16. Her trouble, she thought, would all be worth it when she reached the school's campus-wide vaccination drive and finally received her first COVID-19 shot, she told Insider.  Once she arrived, she took a number and joined the line, patiently waiting for her turn to...
    (CNN)As the third round of stimulus payments goes out, many Americans are obsessively checking their bank accounts. But more than half a million people in the US might not have a bank account to eye or a mailbox to open -- or even a check on the way. People experiencing homelessness are at risk of not receiving the latest payment at all. It's not an eligibility issue. It's about access.The full $1,400 payment should go to any individual who earns less than $75,000 of adjusted gross income, heads of households who earn less than $112,500, and married couples who earn less than $150,000.But because the government uses tax information to identify and send payments, many unhoused people who don't file taxes because of their low income are left out.Read MoreAdvocates and solutions for unhoused people can help them overcome barriers and receive their stimulus payments. The biggest issue: Not filing taxesMany unhoused people may not file tax returns because their income is too low to require it. Last year, the IRS had a "non-filers tool" for people who didn't file...
    New York (CNN)The largest-owned union bank in the United States announced its support for reparations for African Americans on Wednesday.Amalgamated Bank (AMAL) became the first major American bank to endorse HR 40, a piece of legislation sponsored by Rep. Sheila Jackson Lee that creates a commission to develop reparation proposals for African Americans. The bank also called for tangible remedies for African Americans and an explicit apology for slavery's foundation in today's economy. Amalgamated had $6 billion in total assets as of December 2020.The New-York based firm is known for supporting progressive causes, and was the first bank to advocate for policies to end gun violence and increasing the minimum wage to $20. "While Amalgamated's nearly 100-year-old legacy of social action is clearly demonstrated, we acknowledge that there is more for all of us to do to stem the tide of complacency and call for higher levels of justice for all people," the bank said in a statement. Read MoreThe "40" in the bill comes after "40 acres and a mule,' the government's first promise to former enslaved people for...
    A view of the Morgan Stanley offices in Canary Wharf, London, U.K.iStock Editorial | Getty Images Morgan Stanley is the first big U.S. bank to offer its wealth management clients access to bitcoin funds, CNBC has learned exclusively. The investment bank, a giant in the wealth management with $4 trillion in client assets, told its financial advisors Wednesday in an internal memo that the bank is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter. The move, a significant step for the acceptance of bitcoin as an asset class, was made by Morgan Stanley after clients demanded exposure to the cryptocurrency, said the people, who declined to be identified sharing details about the bank's internal communications. Bitcoin's rally in the past year has put Wall Street firms under pressure to consider getting involved in the nascent asset class. But, at least for now, the bank is only allowing its wealthier clients access to the volatile asset: The bank considers it suitable for people with "an aggressive risk tolerance" who have...
    High schooler, mother arrested for hacking homecoming queen vote Lightning may have sparked life on Earth, study finds The latest round of stimulus payments that started going out over the weekend are open to being seized by private debt collectors -- a problem lawmakers are rushing to fix. © Shutterstock Recipients with unpaid credit card or medical bills for which a company has obtained a judgment against the debtor could see the fresh infusion taken from their bank accounts, potentially preventing those in need from getting the emergency cash. Load Error Sen. Ron Wyden, a Democrat from Oregon, plans to introduce a fix that would shield the payments from garnishment as early this week, according to a spokeswoman. But for now, it's possible collectors could seize the money, worth up to $1,400 per person, that the federal government is directly depositing into people's bank accounts. "We really wish this could have passed before the money started going out. The protection would have been far more effective if the payment was coded in a way...
    The latest round of stimulus payments that started going out over the weekend are open to being seized by private debt collectors -- a problem lawmakers are rushing to fix.Recipients with unpaid credit card or medical bills for which a company has obtained a judgment against the debtor could see the fresh infusion taken from their bank accounts, potentially preventing those in need from getting the emergency cash.Sen. Ron Wyden, a Democrat from Oregon, plans to introduce a fix that would shield the payments from garnishment as early this week, according to a spokeswoman.But for now, it's possible collectors could seize the money, worth up to $1,400 per person, that the federal government is directly depositing into people's bank accounts."We really wish this could have passed before the money started going out. The protection would have been far more effective if the payment was coded in a way so that banks would automatically know to protect the money," said National Consumer Law Center associate director Lauren Saunders.Click here to check out our stimulus check calculator to see how much you...
    By Katie Lobosco | CNN The latest round of stimulus payments that started going out over the weekend are open to being seized by private debt collectors — a problem lawmakers are rushing to fix. Recipients with unpaid credit card or medical bills for which a company has obtained a judgment against the debtor could see the fresh infusion taken from their bank accounts, potentially preventing those in need from getting the emergency cash. Sen. Ron Wyden, a Democrat from Oregon, plans to introduce a fix that would shield the payments from garnishment as early this week, according to a spokeswoman. But for now, it’s possible collectors could seize the money, worth up to $1,400 per person, that the federal government is directly depositing into people’s bank accounts. “We really wish this could have passed before the money started going out. The protection would have been far more effective if the payment was coded in a way so that banks would automatically know to protect the money,” said National Consumer Law Center associate director Lauren Saunders. Why the change Lawmakers...
    PITTSBURGH (KDKA) — Tuesday marks one year since NewsChopper2 flew high above long lines at the Greater Pittsburgh Community Food Bank in Duquesne. It was a sight to see very early on in the pandemic. READ MORE: One Man In Critical Condition Following 3-Alarm Wilkinsburg Fire (Photo Credit: KDKA) The need for help is just as great now as it was a year ago. Entercom is hosting its 2nd annual Feed the Need radiothon on Tuesday, with several of its stations involved. The event will last all day and stretch into the evening. Giant Eagle, Entercom Radio, and the Greater Pittsburgh Community Food Bank are teaming up to host the event. You can donate online or by sending a text message. Meanwhile, since the virus hit ouR area, food insecurity has increased significantly. According to a new report from the Food Bank, between March 16, 2020 and February 28, 2021, they distributed more than 46 million meals throughout 11 counties in the area. READ MORE: Scientists: Climate-Whipped Winds Pose Great Lakes Hazards In addition, the pandemic has also led the...
    Audrey Saracco / EyeEm Almost one year ago, Congress authorized the first $1,200 stimulus checks to help Americans cope with the unprecedented coronavirus pandemic. Most of those payments – 74% – were sent by direct deposit to bank accounts. However, some 22% of Americans received the payments by paper check. People spent an estimated $66.6 million in fees to cash those checks through retailers or check cashers, according to a recent report by the non-profit organization Financial Health Network and published by Brookings Institution. More from Personal Finance:New $1,400 stimulus checks could be garnished for unpaid debts 12 million adults may not receive $1,400 stimulus checks. Here's whyThese senators want the government to send recurring stimulus checks With the next $1,400 checks poised to go out, more Americans may receive them directly via their bank now that the IRS has more accounts on record. Still, many individuals and families will likely turn to check cashers to access the money sent by paper checks and, as a result, may incur fees they otherwise would not have paid, according to Aaron Klein,...
    London (CNN Business)Investors are starting to push away anxiety about a spike in prices later this year. But continued calm may hinge on what three people have to say in the next week.What's happening: Investors will hang on to every word from European Central Bank President Christine Lagarde, Federal Reserve Chair Jerome Powell and Bank of England Governor Andrew Bailey as these institutions announce policy decisions in the coming days. Traders will be looking for reassurance that policymakers intend to keep interest rates low and continue massive bond-buying programs even as the post-pandemic economy starts to heat up.First up is Lagarde, who will speak to journalists later Thursday. "Despite the calm in fixed income markets, investors are still likely to be on the alert today," Deutsche Bank's Jim Reid said in a note to clients.Read MoreEconomists think Lagarde will need to strike a delicate balance — walking "a middle path between optimism and caution," as Deutsche Bank puts it.Lagarde is expected to emphasize the ECB's commitment to preserving favorable financing conditions, responding to fears that markets could be strained if...
    New York : You must have your information updated with the IRS so that there is no delay in sending your stimulus check. Photo: Thomas Cain / . The Senate passed the COVID-19 stimulus bill on Saturday, which includes a third stimulus check. However, the House of Representatives must vote on him again, because the Senate made some amendments to him. After this, President Biden will sign the bill and it will finally become law. This way, the IRS can begin sending stimulus checks to all eligible individuals.. If you are among the groups of people who will receive the stimulus checks of $ 1,400 dollars or at least a part of them, here are some tips that can help you receive the third stimulus check faster. The first thing you should do is sign up for direct deposit payment with your 2020 tax return, which would put you in the group of people who will receive the money first. If you’ve recently moved, let the IRS and USPS mail service know, as they may...
    By: KDKA-TV News Staff PITTSBURGH (KDKA) — Police departments in the South Hills are creating a task force to figure out who’s opening Chase Bank accounts in their residents’ names. READ MORE: Marshall University Investigates Claims Of Large Parties Police plan to work with the Secret Service. They say hundreds of people have received letters with information on debit and checking accounts they didn’t sign up for. “We’re not really sure who’s been opening these accounts, it’s been hundreds. Somewhere, there was a breach of personal information. The credit cards are coming in the victim’s name, going to their address, and using their actual social security number to open the accounts,” said Peters Township Police Corporal Lou Reda. READ MORE: U.S. Senator Pat Toomey Responds To Republican Partys Decision To Rebuke Him Chase Bank gives people who open certain accounts a $200 gift card. Police say that might be the motivation behind all of the new accounts. If an account is opened in your name, contact your local police department. MORE NEWS: Crews Respond To House Fire In Pine Township...
    This led the Spanish bank to form small, autonomous teams that worked in a very different way than the institution had been doing. They were people with a specialized profile in UX design (user experience) who resorted to agile practices and design thinking, a user-centered methodology to offer innovative and creative solutions that really impact people’s lives. With this team formation, it was found that if people focus on a single activity, productivity increases by 25%. The banking app was named the best in the world by consulting firm Forrester Research for three consecutive years. This marked a before and after in the history of the bank, as a design team began to be set up in each country where it operates. “Achieving that constitution was not easy because there was no understanding of UX design within the organization. Little by little, the bank has assimilated design as a strategic decision-making factor that influences beyond the visual aspects ”, says García. The first – not related to technological development – to get involved with the design thinking method...
    Outraged Bank of America customers are boycotting the bank after learning it snooped through hundreds of innocent people's accounts at the request of the government as part of its investigation into the Capitol riot, using a broad criteria that meant anyone who made a transaction in DC that day came under a federal microscope.  Tucker Carlson revealed the bank's involvement in the investigation on his FOX News show on Thursday night. After being contacted by the government, Bank of America handed over the information of 211 people who they felt fit an 'absurdly broad' criteria.  The criteria asked for the information of;   Customers confirmed as transacting, either through bank account debit card or credit card purchases in Washington, D.C. between 1/5 and 1/6.  Purchases made for Hotel and Airbnb RSVPs in DC, VA, and MD after 1/6 Any purchase of weapons or at a weapons-related merchant between 1/7 and their upcoming suspected stay in D.C. area around Inauguration Day Airline related purchases since 1/6   From the 211 people the bank turned over, one was interviewed by law enforcement and...
    New York : Scammers contact people largely through techniques to search for personal information. Photo: Soumil Kumar / Pexels With the arrival of payments from the second stimulus check the scams The most common are on the rise across the country, according to the Internal Revenue Service (IRS). Scammers are contacting people largely through techniques of phishing looking for personal information. They are also using tools like email, text messages, social networks and phone callss to contact taxpayers. He IRS It has warned that it would never initiate contact with taxpayers through these methods. These are some of the most common scams about the stimulus check according to the IRS: Text messages: Through text messages, you could reveal information about your bank account under the pretext of receiving the financial check payments. Identity fraud: Scammers use schemes identity fraud using email, letters and messages on social networks using keywords such as “coronavirus”, “COVID-19” and “stimulus”. The messages are sent to a large number of people and are intended to access your information from your bank...
    (CNN)City of London Police have discovered and destroyed a "significant" cannabis factory in the heart of London following reports about the strong smell of the plant.Officers found 826 plants in the basement of a non-residential property on Throgmorton Street in the City of London -- the financial district of the capital and home of the Bank of England, as well as attractions including St Paul's Cathedral and Leadenhall Market.The City of London, which is also known as the Square Mile, is just 1.12 square miles in size but houses many important historic and modern buildings, having been an ancient center of London stretching back to the Roman era.What Londons skyscrapers say about the Citys worship of moneyThe police force said it was the first cannabis factory found in the City of London, and suggested that criminals had taken advantage of reduced footfall owing to the UK's ongoing coronavirus lockdown restrictions. Officers discovered the illegal operation on January 13, and entered the premises with a warrant on January 14.Read More"This is the first cannabis factory in the City, no doubt being...
    (WCCO/CBS Local) — The second round of federal stimulus payments have been slow in reaching some bank accounts, and they’re causing some confusion. Some aren’t getting a direct deposit or a check. Instead, it’s a pre-paid debit card. And this new form of payment is catching people off guard, including Cheri Schwartz, who hesitated when she recently opened a letter in the mail. “It had like the U.S. Treasury seal. Looked very legitimate,” Schwartz said. “There has been so much news of scams, of people trying to steal your money, especially with seniors such as myself.” Inside was an “Economic Impact Payment Card,” which operates just like a pre-paid Visa gift card. Eight-million Americans will get their second stimulus payment this way even if some got a check the first time around. (credit: CBS) Are people right to be concerned that this might be a scam? WCCO asked this question to Boa Vang with the Better Business Bureau. “A consumer out there should be concerned about suspicious activity,” Vang said. “You may not know it’s coming in a pre-paid debit...
    MINNEAPOLIS (WCCO) — The second round of federal stimulus payments have been slow in reaching some bank accounts, and they’re causing some confusion. Some aren’t getting a direct deposit or a check. Instead, it’s a pre-paid debit card. And this new form of payment is catching people off guard, including Cheri Schwartz, who hesitated when she recently opened a letter in the mail. “It had like the U.S. Treasury seal. Looked very legitimate,” Schwartz said. “There has been so much news of scams, of people trying to steal your money, especially with seniors such as myself.” Inside was an “Economic Impact Payment Card,” which operates just like a pre-paid Visa gift card. Eight-million Americans will get their second stimulus payment this way even if some got a check the first time around. (credit: CBS) Are people right to be concerned that this might be a scam? WCCO asked this question to Boa Vang with the Better Business Bureau. “A consumer out there should be concerned about suspicious activity,” Vang said. “You may not know it’s coming in a pre-paid debit...
    Israel has been accused of racism by the Palestinian prime minister after excluding four million people living in the West Bank and Gaza from its Covid-19 vaccine drive.  During a press conference at Tel Aviv's Ben Gurion airport last week, Israeli Prime Minister Benjamin Netanyahu pledged to vaccinate every citizen by the end of March.    Israel's Arab residents and the Palestinians of east Jerusalem will be included in the country's vaccination drive. Palestinians living in the West Bank, and those living in the Hamas-controlled Gaza Strip, will not be given a dose. Officials will however travel into the West Bank to make the vaccine available for Jewish settlers.  Palestinian Prime Minister Mohammad Shtayyeh, who recently accused Israel of 'racism' for its refusal to vaccinate the citizens of the West Bank and Gaza, has not publicly requested vaccines.  Israeli Prime Minister Benjamin Netanyahu, pictured being given the vaccine on 9 January, pledged to vaccinate every citizen by the end of March. Palestinians living in the West Bank and annexed East Jerusalem will not be included in the vaccination drive  Israel,...
    New York : A somewhat surreal scene took place a few days ago inside a bank in Bihar, India, where a group of people showed up at the branch, nothing more and nothing less than a corpse. According to local media, the deceased’s name was Mahesh Yadav he was 55 years old and lost his life after a long agony. The man had no family or relatives who could take care of him and the paperwork that led to his death. One of his neighbors would have entered his house to look for some papers to prepare his funeral and that is how he found a notebook where Mahesh had in detail that he had a small savings in the bank of approximately $ 1,500 dollars. The neighbor reportedly went to the bank to ask for the money, but the bank employee refused to give it to him because he did not have proof of the death of the account holder. Due to the situation, other people who lived in the Yadav neighborhood helped this neighbor carry the body...
    The meteoric rise of bitcoin has been hard to ignore. The crypto-currency has made some early adopters into millionaires, but its recent spike leaves questions for those who haven't yet ventured in.  Some people – including a handful of renowned asset managers – are increasingly banking on bitcoin, while others are warning it's a bubble set to burst. So who is correct?  The answer is far from clear. But before barrelling blindly into the next bitcoin get rich-quick scheme, it's worth learning a little about the digital currency and why it's on the tip of the City's tongue.  Bitcoin has made some early adopters into millionaires, but its recent spike leaves questions for those who haven't yet ventured in Bitcoin is essentially a piece of software. It allows users to trade digital 'coins' whose worth is determined by how much someone is willing to pay for them. The idea behind it was that users would be able to create a 'peer-to-peer electronic cash system'.  This would be free of middlemen such as banks – it is no coincidence bitcoin sprung...
    Life wasn’t easy for Patricia, even before the pandemic hit. She struggled with mental health issues after fleeing an abusive relationship, moving herself and her children into an east London flat with nothing more than the clothes on their backs. For the past few years, Patricia held down a job as a barista, but she was furloughed after the Covid-19 crisis exploded and the United Kingdom went into lockdown. As the money got tighter, she found herself resorting to a food bank to help feed her family. “You feel like you’re going through it by yourself with your kids, and it’s hard to explain to them what you’re facing at the time when they just want to eat — they don’t really understand food poverty,” said Patricia, who we are only identifying by her first name to protect her identity. “[Without help] I don’t even know how to describe it, I probably would have just been in a corner,” she told CNN. “Mentally, it would’ve just took me to another place.” Like many others in the east London borough...
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