CNN: This startup is giving customers early access to billions in stimulus checks

CNN: This startup is giving customers early access to billions in stimulus checks. “Big-bank customers complained over the weekend about how their $1,400 stimulus payments were still pending in their bank accounts. Those payments may not arrive until Wednesday, nearly a week after President Joe Biden signed the historic $1.9 trillion economic relief package into law. Newbies in the banking space are moving much faster.”

CNET: AMC, GameStop stock are on a Reddit-fueled roller coaster. Why, and what happens next

CNET: AMC, GameStop stock are on a Reddit-fueled roller coaster. Why, and what happens next. “Over the past few months, a bunch of Reddit users have worked to push up the value of shares for video game retailer GameStop, despite Wall Street investors betting the company will fail. In the process, they sent the stock up more than 14,300% (you read that right), with some wild fluctuations. Then they started spreading their strategy to struggling movie chain AMC, too. In their wake, these online market players have upended Wall Street, creating a drama filled with memes, app trading disasters and weird internet lingo as big-time investors have lost billions of dollars.”

Mashable: How to calculate your stimulus check amount before the IRS relaunches its website

Mashable: How to calculate your stimulus check amount before the IRS relaunches its website. “How do you know if you qualify? In April, the IRS launched a surprisingly simple and useful website called the “Get My Payment” portal that let you find out the status of your check or deposit. However, that portal is ‘temporarily offline,’ according to the IRS website….In the meantime, several non-government tools have popped up to help people decipher whether they can expect a check in the future, and for how much.”

Scotland Daily Record: Citizens Advice Scotland launches online ‘Money Map’ to help people access immediate support

Country-specific in this case. Scotland Daily Record: Citizens Advice Scotland launches online ‘Money Map’ to help people access immediate support. “The unique tool… brings together all the options on how people can improve their incomes and cut their living costs through issues such as housing, benefits and energy bills and directs them to online sites where they can access these options.”

CNBC: Google moves into Venmo and bank territory with checking accounts and updated payment app

CNBC: Google moves into Venmo and bank territory with checking accounts and updated payment app. “The Mountain View, California-based company partnered with Citi and Stanford Federal Credit Union to launch the mobile bank accounts and said it plans to add 11 new partner institutions next year. Google Pay will also let users send peer-to-peer payments — a feature that made PayPal’s Venmo and Square’s Cash App household names as people shift to digital payments during the pandemic.”

Billionaires By The Numbers: New Website Offers Insights Into Nation’s Biggest Fortunes (Americans for Tax Fairness)

Americans for Tax Fairness: Billionaires By The Numbers: New Website Offers Insights Into Nation’s Biggest Fortunes. “A new website launched today provides in-depth insights into the startling reality of America’s billionaires—their growth in numbers and fortunes over recent decades, staggering real-time net worth, and growing political influence. ‘Billionaires by the Numbers’ tracks the fortunes of U.S. billionaires and is particularly vital right now for a nation confronting long-standing economic injustice brought to light by disease, recession and racial oppression.”

Wired: A New Card Ties Your Credit to Your Social Media Stats

Wired: A New Card Ties Your Credit to Your Social Media Stats. “SPENCER DONNELLY, WHO goes by TheRussianBadger on YouTube, has cultivated an audience of nearly 2.7 million subscribers for his gaming videos. For years, business has been rosy. YouTube shares a percentage of the ad revenue on each of his videos, and the money is good enough that playing video games on camera has become a full-time job. A few years ago, he even incorporated The Russian Badger, legitimizing his YouTubing business. The only problem: no bank would give him a serious credit card.”

Daily Journal: Reports show COVID-19 hits housing costs

Daily Journal: Reports show COVID-19 hits housing costs. “Historically hot housing markets may be feeling a little under the weather amid the pandemic which is seemingly pushing down real estate prices throughout the Bay Area, according to recent reports. Rent costs are down in San Mateo, Redwood City, San Bruno, South San Francisco and other Bay Area locales from the year prior, according to a June report from online database Zumper.”

Best free video streaming services in 2020: Crackle, IMDb TV, Pluto TV, and more (ZDNet)

ZDNet: Best free video streaming services in 2020: Crackle, IMDb TV, Pluto TV, and more. “There are currently 11 good free services to try, and good old-fashioned over-the-air (OTA) antenna TV. Yes, you do have to put up with commercials on all of these — and there’s not a DVR features to be seen — but they are free. With so many selections to choose from, I can guarantee you’ll find something to watch that won’t hurt your pocketbook by even a single penny.”

No cash, please, we’re skittish: How coronavirus has spawned fear of paper money (Los Angeles Times)

Los Angeles Times: No cash, please, we’re skittish: How coronavirus has spawned fear of paper money. “No longer a thing to be shoved mindlessly into a pocket, tucked into a worn wallet or thrown casually on a kitchen counter, paper money has seen its status change during the virus era — perhaps irrevocably. The pandemic has also reawakened the debate about the continued viability of what has been the lifeblood of global economies: physical bank notes and coins.”

CNBC: American billionaires got $434 billion richer during the pandemic

CNBC: American billionaires got $434 billion richer during the pandemic. “America’s billionaires saw their fortunes soar by $434 billion during the U.S. lockdown between mid-March and mid-May, according to a new report. Amazon’s Jeff Bezos and Facebook’s Mark Zuckerberg had the biggest gains, with Bezos adding $34.6 billion to his wealth and Zuckerberg adding $25 billion, according to the report from Americans for Tax Fairness and the Institute for Policy Studies’ Program for Inequality. The report is based on Forbes data for America’s more than 600 billionaires between March 18, when most states were in lockdown, and May 19.”

Consumer Financial Protection Bureau: Guide to coronavirus mortgage relief options

Consumer Financial Protection Bureau: Guide to coronavirus mortgage relief options. “If you’re among those financially impacted by the coronavirus pandemic, you might be concerned about how to pay your mortgage or rent. Federal and state governments, as well as financial institutions and loan servicers, have announced plans to help struggling homeowners during this time. Keep reading to get information on what to do now, and what your options are for mortgage, rental relief, and utility disconnections.”

Mashable: Relying on crowdfunding to pay health bills? It’s more common than you might think.

Mashable: Relying on crowdfunding to pay health bills? It’s more common than you might think.. “Researchers from NORC at the University of Chicago recently conducted a survey to learn about the prevalence of crowdfunding health campaigns. It turns out that a large swath of the American public — approximately 50 million, or 20 percent of Americans — have contributed to these sorts of campaigns. What’s more, eight million Americans have started a campaign to help pay for medical expenses for themselves or someone in their household, while 12 million had started a campaign for someone else. According to the researchers’ survey, that’s three percent and five percent, respectively.”