Tag: cash

New Brunswick Town Captivated by Mysterious Figure Offering Clues to Hidden Cash

A community in eastern New Brunswick has been captivated by a mysterious game that has residents following clues and searching for hidden $50 and $100 bills. “The hunt is so fun,” Miramichi resident Savannah Harris said in an interview Sunday. “I bring my little brother with me. It’s high energy. You’re looking everywhere.” Six prizes…


8 Secrets of a Successful Garage Sale

Whether your goal is to purge your home of stuff you no longer need or raise some cash — or both — you have options. You can sell your items on an auction website like eBay, list them in classifieds on Craigslist or give the stuff away. Or, you can create a killer garage sale…


Why Cash Is a Position

Commentary  To have a consistent edge in the market a participant has to be able to effectively take advantage of an opportunity or perceived inefficiency that others either are unaware of or potentially unable to see or exploit. This can be information, technology, superior knowledge of the fundamentals or technicals, and a variety of other…


Russian Central Bank to Give Banks More Cash for ATMs

MOSCOW—Russia’s central bank on Friday said it was increasing the amount of cash it gives to banks to replenish ATM machines, the latest measure the regulator has taken in an effort to maintain financial stability after Russia invaded Ukraine. Demand for cash in Russia on Thursday stood at 111.3 billion roubles ($1.34 billion) and was…


Virgin Galactic Posts Smaller Loss Than Expected, Improves Cash Position

Space tourism company Virgin Galactic Holdings Inc on Tuesday posted a smaller-than-expected quarterly loss and said its cash position had improved, sending its shares 5 percent higher in extended trading. The company founded by billionaire Richard Branson held about $931 million in cash as of Dec. 31, compared with $679 million a year earlier. The…


Japan’s Cash in Circulation Grows at Slowest Pace in 19 Months

TOKYO—The total amount of money circulating in Japan rose at the slowest annual pace in 19 months in November, as firms and households saw less need to hoard cash with the economy emerging from the initial shock caused by the COVID-19 crisis. The data underscores how Japan’s economy is normalising from last year’s pandemic crunch,…


Kroger Looking Into Fake Press Release Touting Acceptance of Bitcoin Cash

Kroger Co. is looking into the publication of a fake press release, claiming the acceptance of bitcoin cash at its stores, the grocer said on Friday, after becoming the second major retailer in recent weeks to get entangled in a crypto hoax. The release, which said the grocer would accept the cryptocurrency this holiday season,…


Buffett’s Berkshire Hathaway Boosts Operating Profit, Cash Hoard Sets Record

Warren Buffett’s Berkshire Hathaway Inc. on Saturday reported improved operating results as it extended its rebound from the early stages of the pandemic, even as it cut back some stock holdings and boosted its cash hoard to a record. Berkshire also said it repurchased $7.6 billion of its own stock in the third quarter, reflecting…


Investors Pile Into Cash and TIPS in Week to Wednesday: BofA

LONDON—Investors ploughed $14.9 billion into cash in the week to Wednesday and snapped up $1.8 billion of inflation protected U.S. Treasuries as markets suffered a major sell off, a round-up by BofA on flow number based on EPFR data showed on Friday. Fixed income markets attracted the smallest weekly inflow since March at $3.9 billion…


Austria Says It Opposes EU Plan to Cap Cash Payments at 10,000 Euros

VIENNA—Austria on Thursday reinforced its status as one of Europe’s most cash-loving countries by saying it opposed a plan by the European Commission to cap cash payments at 10,000 euros ($11,800). Cash is occasionally a topic of political debate in Austria, where the far-right Freedom Party (FPO) has long called for the right to use…