money

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Congress Could Do Away With the $1 Bill

Would be replaced by coin in money-saving move

(Newser) - In a move that could change the face of strip clubs forever, Congress is considering doing away with the dollar bill. It wouldn't ax the denomination entirely, but would instead replace the bills with the $1 coin, a move that would save taxpayers (who almost universally dislike dollar coins...

Happiness Can Bring You ... Money
 Happiness Can 
 Bring You ... Money 
study says

Happiness Can Bring You ... Money

Those who are happier at 18 tend to make more money at 30: study

(Newser) - As the saying goes, money can't buy you happiness. But it looks like the reverse is true: Researchers have found that those who are happiest as teens end up out-earning their peers by the time they are 30, making about 10% more than the average. But those who were...

Bonnie and Clyde's Guns Go for $500K

Guns fetch more than target prices

(Newser) - A fired up bidder purchased the guns Bonnie Parker and Clyde Barrow were packing when they died in a hail of bullets for $504,000. Bonnie's snub-nosed .38 special—found taped to the inside of her thigh where "no gentleman officer" would dare search for it, according to...

Surprising Jobs That Earn 6 Figures

Elevator repairmen make the list

(Newser) - It's not just investment bankers, doctors, and the Waltons who earn sizable salaries. Forbes has compiled a list of 20 surprising occupations that pay out more than $100,000, at least for those in the top 10% of their professions. A sampling:

6 Walmart Heirs Worth Same as Bottom 41% of US

Their combined worth is $89.5 billion

(Newser) - Who has more money: the six heirs to the Walmart fortune or the bottom 41.5% of all American families put together? Trick question—they're about the same. The Economic Policy Institute calculates that in 2010, six members of the Walton family were together worth $89.5 billion. That...

Canada&#39;s New Money Melting
 Canada's New Money Melting 
IN CASE YOU MISSED IT

Canada's New Money Melting

'Indestructible' bills can't take the heat

(Newser) - The Canadian dollar is melting. No, it's not sinking in value again, it's physically melting. Canada switched to "indestructible" polymer $50 and $100 bills a few months ago, but it turns out that both are prone to melting and curling in intense heat "like bacon in...

State and Local Spending Drops to Lowest in 30 Years

Democrats and Republicans alike slashing budgets

(Newser) - State and local governments have cut back spending to the lowest level in 30 years, according to a USA Today analysis. Both Democrats and Republicans are denying handouts, even with tax revenue going up and powerful interest groups lobbying for funds. Local and state spending dipped 0.8% this year...

NYC Restaurant Offers $1K Caviar Pizza

Other toppings include Maine Lobster

(Newser) - Have an extra $1,000 lying around and a craving for a decadent snack? Pop in to Nino's Restaurant in New York City and order the Bellisima Pizza. The luxurious pie, going for a thousand bucks, is smothered with six different types of caviar, reports Yahoo . You'll also...

Female Doctors Earn $365K Less Than Men in Career
Female Doctors Earn $365K Less Than Men Over Career
study says

Female Doctors Earn $365K Less Than Men Over Career

One possible reason: They don't negotiate for raises

(Newser) - The gender wage gap exists even among top physicians. While analyzing a group of 800 doctors who won a competitive research grant, researchers from the University of Michigan and Duke were surprised to discover that the female physicians in the group earned on average $12,194 less a year than...

Tips for Talking Money With Your Spouse

Carl Richards: Financial arguments 'come from surprises'

(Newser) - A financial discussion with your spouse can feel like a minefield of emotional surprises. Financial planner Carl Richards advises you to first have "the conversation before the decision gets made," which "can make a huge difference" in your relationship, he writes in the New York Times Bucks...

10% of Adults Get Allowances

Including more than a third of Americans between 18 and 24

(Newser) - Around one in 10 American adults are on the dole—they regularly collect money or other financial assistance from their parents or relatives, reveals a poll from the Pew Research Center. The results showed no difference between gender or race, reports the New York Times , but the youngest adults were...

Mystery Donor Hiding Envelopes of Cash in Town

Secret philanthropist has given out more than $250K

(Newser) - One man in the small German town of Braunschweig was slipped an envelope filled with cash after he lost thousands of euros in a burglary. Another family, whose son was disabled in an accident, discovered a similar envelope. A hospice worker found yet another white envelope with $13,218 under...

10 Jobs That Pay Less Than You Think

Family therapists, models generally make under $50K: Forbes

(Newser) - Just because a job sounds interesting, complicated, or intriguing does not mean it pays a fortune. Forbes uses Bureau of Labor stats to round up what it views as the 10 "most surprisingly low-paying jobs," including:

Coming Soon: Drug to Treat Gambling Addicts?
Coming Soon: Drug to Treat Gambling Addicts?
new study

Coming Soon: Drug to Treat Gambling Addicts?

New study discovers why some people may take financial risks

(Newser) - Why are some stock traders and gamblers so willing to take financial risks? A new study shares a possible answer: Scientists found that people with higher levels of the neurotransmitter norepinephrine in a critical part of the brain related to sensory and reward systems are less sensitive to the pain...

Members of Congress With Lowest Net Worth

Alcee Hastings leads the way with a negative $4.7 million

(Newser) - Apparently, not everyone in Congress is rich . The Washington Post compiled a list of the 25 lawmakers with the lowest net worth, based on 2010 disclosures analyzed by the Center for Responsive Politics. Here are the "top" 5, all of whom are in the red. (There's no explanation...

$200K Blows Out of Armored Car

Oddly, much of the cash hasn't been returned

(Newser) - Merry Christmas, travelers on Pennsylvania's Route 19. It seems an armored car ferrying bags of cash on Wednesday drove for some time with a back door wide open—and that allowed about $200,000 to fly out, reports WPXI . A passing motorist finally managed to alert the armored car'...

Grocery Store Wouldn't Let Me Pay in Quarters: Woman

Woman mortified after Portland store refused to take her change

(Newser) - It's not a good week to be a grocery store. First, a Safeway in Honolulu got raked over the coals for arresting a pregnant woman who ate a sandwich while shopping and forgot to pay for it. Now, a woman in Portland says a Save-a-Lot wouldn't let her...

Gadhafi Hid a Ton of Money
 Gadhafi Hid a Ton of Money 

Gadhafi Hid a Ton of Money

Libyan officials estimate he squirreled away $200B

(Newser) - The Libyan people may have reason to despise Moammar Gadhafi a little bit more: The country's senior officials estimate that the fallen leader's squirreled-away wealth topped the $200 billion mark. As the Los Angeles Times points out, that breaks down to about $30,000 per Libyan, some 30%...

8 (Out of 400) Billionaires Say Yes to Higher Taxes

Most just ignored the question from Salon

(Newser) - Salon sent queries to every single billionaire on the Forbes 400 asking whether they would be willing to pay more taxes. The results: Eight said yes (including Buffett), one said no (Charles Koch), and a few offered qualified answers somewhere in between. The other 390 or so—including Oprah,...

America&#39;s 5 Priciest Zip Codes
 America's 5 Priciest Zip Codes 

America's 5 Priciest Zip Codes

New Jersey, California, and New York neighborhoods top the list

(Newser) - 90210's claim to fame extends beyond Tori Spelling and Shannen Doherty. The zip code is also one of the five priciest in America. With the help of Altos Research, Forbes crunched 20,000 zip codes' worth of real estate listings to zero in on the poshest geographic areas in...

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