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Money

pile of cash

Monthly $1,000 stimulus payments are coming, and you can apply now

February 28th, 2022

Basic income programs that provide recipients with a guarantee of free money are an increasingly popular experiment around the country right now. States and cities across the US are rolling out different variations of this idea, which act like supercharged stimulus checks. One of the newest examples? A California program, for residents of West Hollywood …

lost lottery ticket

This might be the luckiest guy alive right now

March 24th, 2021

You have to get pretty lucky to win any amount of money on a lottery ticket. To win a figure north of a million dollars? Well, you need to get really, really lucky to do that. But how much luck do you need to win $1.2 million on a lottery ticket, then lose it in …

Coin shortage

Bizarrely, the coronavirus has caused a coin shortage in the US

July 4th, 2020

Here’s another byproduct of the coronavirus pandemic that’s unfolding right now and which most people might not even be aware of: The US is experiencing a coin shortage. This is partly a result of the US Mint cutting production amid the pandemic, but retailers are also dealing with a shortage of money as a result …

money buys happiness

Researchers prove that money does indeed buy happiness

February 13th, 2018

You’ve no doubt heard the old saying “money can’t buy happiness” at least a few times over the years, but new research suggests that it’s simply not true. As it turns out, money can indeed make a person happy, but exactly how much is needed to maximize the average person’s mood varies significantly from country …

Bitcoin price history, chart in USD:

Even by Bitcoin’s standards, this is crazy

December 7th, 2017

For the last five years, Bitcoin critics have said that the currency is too volatile to be a practical economic tool. The usual response is something along the lines of “All aboard the rollercoaster!” because half of the appeal of Bitcoin seems to be the fluctuations. But even by Bitcoin’s normal standards, the last week …