Day: June 18, 2020

The 7 worst ways people are spending their tax refunds

Since the pandemic pushed this year’s tax deadline back to July 15, many Americans will be receiving their refund in the coming weeks.

The IRS says people are getting back an average of $2,769 this year, a slight increase from the year before.

But with the economy still struggling and unemployment numbers hovering at record highs, managing your refund wisely is more important than ever.

Here are the seven worst ways to use a 2020 tax refund.

1. Letting it rot in checking accounts

Prapan manuchon / Shutterstock

Setting your tax refund aside in an emergency fund is one of the smartest things you can do. Many financial advisers recommend keeping enough cash on hand to cover at least six months of your regular expenses.

But keep in mind: Where you stash your emergency savings matters a lot.

Don’t just leave your funds in a traditional checking account, which

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How to share your Kindle books in 2 different ways

You can share Kindle books with (or in some cases, without) a Family Library.
You can share Kindle books with (or in some cases, without) a Family Library.

Hollis Johnson/Business Insider

  • It’s easy to share Kindle books through Amazon Household, a feature that allows you to share Amazon benefits between family members.

  • Setting up an Amazon Household, which can be done online or on your Kindle device, gives you access to a Family Library.

  • Books are automatically shared between members’ devices, though you can check a book’s status online at any time.

  • You can also share Kindle books with others by lending or borrowing, though not all Kindle books are eligible for this option.

  • Visit Business Insider’s Tech Reference library for more stories.

You can easily share Kindle books between family members, but you’ll have to set up an Amazon Household first.

In addition being able to share Prime benefits, creating an Amazon Household gives you access to Family Library, a shared collection of

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Pot shops are copying Amazon and Uber Eats

(GETTY)
(GETTY)

The cannabis sector is tearing pages from the playbooks of technology titans during COVID-19, deploying ideas inspired by Amazon (AMZN) and Uber Eats (UBER) to reshape how consumers buy pot.

The pandemic spurred a flurry of innovation as governments locked down brick-and-mortar cannabis stores in an effort to stop the spread of the virus. In Ontario, private retailers fast-tracked new online sales channels temporarily opened up by the province, allowing them to stay in business after stores were ordered closed between April 5 and the first phase of conditional reopening on May 19.

Many within the industry want the Ford government to make the concessions granted to weather the virus permanent. Prior to COVID-19, legal online sales in Ontario were the exclusive domain of the province-run Ontario Cannabis Store.

While it’s unclear if the window of digital opportunity will remain open for private shops once state of emergency orders

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2 Hoboken Parks Reopen; What To Do If Server Isn’t Wearing A Mask

HOBOKEN, NJ – Mayor Ravi Bhalla said Thursday morning that one new case of coronavirus was reported in the city Wednesday, bringing the total to 572 residents who tested positive. Before that, there were no reports of new cases since the previous Wednesday.

There have been no new deaths reported since May 21. On June 9, Bhalla said the city had learned of a woman in her 80s who had died of the virus a month earlier but hadn’t been counted with residents. She was the 30th announced case.

Bhalla said Thursday, “No demonstrators [in the local George Floyd protest] from Hoboken tested at Riverside were positive for COVID-19.” Bhalla has said that mask-wearing helped the protestors. In fact, new studies have supported the Centers for Disease Control and Prevention’s recommendation that mask-wearing is very helpful in cutting down on (but not eliminating entirely) the spread of the virus.

Even

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DACA recipients in California rejoice at ‘life saving’ Supreme Court ruling

Los Angeles DACA recipient Denea Joseph was born in Belize and came to the U.S. when she was 7. <span class="copyright">(Steve Saldivar / Los Angeles Times)</span>
Los Angeles DACA recipient Denea Joseph was born in Belize and came to the U.S. when she was 7. (Steve Saldivar / Los Angeles Times)

For years, Denea Joseph knew that her life as a Black woman without legal status in the U.S. was precarious. Born in Belize, the 26-year-old left her home on a visa when she was 7 years old to join her grandmother in South Los Angeles.

When her visa expired, she remained in the U.S. without legal status because she had no real pathway to legal residency. Even after she was granted immigration relief under a 2012 Obama-era policy that allowed her to live and work legally in the United States, Joseph felt the weight of uncertainty.

“I knew an executive order could be changed any day, at any moment,” said Joseph, one of an estimated 700,000 immigrants who are recipients of the Deferred Action for

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Government loans helped save millions of jobs, but the money is running out for many

Server Conor Susi, center, takes orders from a dine-in group at Faith & Flower in downtown Los Angeles on June 6. <span class="copyright">(Kent Nishimura / Los Angeles Times)</span>
Server Conor Susi, center, takes orders from a dine-in group at Faith & Flower in downtown Los Angeles on June 6. (Kent Nishimura / Los Angeles Times)

The surprising jobs rebound in May, which fueled hopes for a fast recovery from the pandemic recession, was almost certainly due in large part to tens of billions of dollars of forgivable government loans to small businesses.

Known as the Paycheck Protection Program, the initiative — part of the much larger COVID-19 relief package enacted by Congress when the pandemic first began pounding the economy — has to date lent more than $512 billion to struggling small businesses, including about $67 billion in California. The money does not need to be repaid if funds are used to keep workers on the payroll and other conditions are met.

The novel idea to discourage layoffs has no precedent in past economic crises.

And without it,

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Juneteenth marks when last slaves were freed

Juneteenth commemorates when all enslaved African Americans learned they were free 155 years ago. Now, with support growing for the racial justice movement, 2020 may be remembered as the year the holiday reached a new level of recognition.

While the Emancipation Proclamation freed slaves in the South in 1863, it wasn’t enforced in many places until after the end of the Civil War two years later. Confederate soldiers surrendered in April 1865, but word didn’t reach all enslaved black people until June 19, when Union soldiers brought the news of freedom to Galveston, Texas.

Celebrations have typically included parades, barbecues, concerts and readings of the Emancipation Proclamation. But after massive demonstrations over George Floyd’s death at the hands of Minneapolis police, there has been a seismic shift to further elevate black voices. That desire is being felt as states and cities move to make Juneteenth an official paid holiday.

Here’s

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Edited Transcript of 7731.T earnings conference call or presentation 28-May-20 10:59am GMT

Tokyo Jun 18, 2020 (Thomson StreetEvents) — Edited Transcript of Nikon Corp earnings conference call or presentation Thursday, May 28, 2020 at 10:59:00am GMT

Hello, everybody. This is Tokunari, serving as CFO as of April 1. I would like to thank our investors, analysts and the media for this opportunity.

In order to prevent a further outbreak of COVID-19, we are at this time, holding this session through the Internet. I know this is causing you inconveniences, but Nikon is giving its top priority to secure the safety of our employees and their families and all the stakeholders, including our customers. Hope you understand this, and I do appreciate for your understanding.

That said, I will cover the financial results for the year ended March 31, 2020, as well as our forecast for the year ending March 31, 2021. Slide 3 shows the summary for the year ended March 31, … Read More

16 Splurges That Save You Money in the Long Run

Smart shoppers know that comparing prices to find the best deal can pay off. However, buying the cheapest option doesn’t always mean you’re actually getting the best deal. In fact, it can make financial sense to spend more on some products and services to save money over the years.

“Sometimes, we might think we’re saving money on cheaper items, when in reality, splurging a little on the more expensive competitor would have saved us more over the long run,” said Matt Dworetsky, president of Dworetsky Financial in Wall Township, New Jersey. Keep reading to find out when splurging on the pricier option can help save you money over time.

Last updated: March 27, 2020

Energy-Efficient Appliances

Spending more on energy-efficient appliances can help you save money in the long run, said Monica Lam, a financial blogger at LuckyMojito.com and mother of two. In particular, shelling out $50 to $100 more

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Domestic abusers use tech that connects as a weapon during coronavirus lockdowns

<span class="caption">Technology plays a major role in violence against women and girls.</span> <span class="attribution"><a class="link rapid-noclick-resp" href="https://www.gettyimages.com/detail/photo/sad-teen-with-a-phone-in-her-bedroom-royalty-free-image/820379104" rel="nofollow noopener" target="_blank" data-ylk="slk:AntonioGuillem/iStock via Getty Images">AntonioGuillem/iStock via Getty Images</a></span>
Technology plays a major role in violence against women and girls. AntonioGuillem/iStock via Getty Images

The coronavirus pandemic has driven much of daily life – work, school, socializing – online. Unfortunately, perpetrators of violence against women and girls are also increasingly turning to technology in response to the pandemic.

Globally, violence against women and girls is a problem of pandemic proportions, with one in three experiencing an act of physical or sexual violence in her lifetime. Most of these acts of violence are perpetrated by intimate partners and family. In the United States, women are at increased risk of violence from a current or former intimate partner, and they are more likely than men to suffer injuries, be treated in emergency rooms and be killed as a result of intimate partner violence.

Violence against women and girls is costly for victims and their families, communities and society. The problem is

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