Payment history – Killer Kash http://killerkash.com/ Wed, 23 Nov 2022 02:16:14 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://killerkash.com/wp-content/uploads/2021/07/killer-150x150.png Payment history – Killer Kash http://killerkash.com/ 32 32 BC auditor highlights 2021 disaster costs and pandemic relief payments https://killerkash.com/bc-auditor-highlights-2021-disaster-costs-and-pandemic-relief-payments/ Wed, 23 Nov 2022 00:54:28 +0000 https://killerkash.com/bc-auditor-highlights-2021-disaster-costs-and-pandemic-relief-payments/ VICTORIA – An annual report from BC’s Auditor General says the province owes millions to people who weren’t eligible for COVID-19 relief grants and the government will spend billions on recent disasters related to the conditions meteorological. VICTORIA – An annual report from BC’s Auditor General says the province owes millions to people who weren’t […]]]>

VICTORIA – An annual report from BC’s Auditor General says the province owes millions to people who weren’t eligible for COVID-19 relief grants and the government will spend billions on recent disasters related to the conditions meteorological.

VICTORIA – An annual report from BC’s Auditor General says the province owes millions to people who weren’t eligible for COVID-19 relief grants and the government will spend billions on recent disasters related to the conditions meteorological.

Auditor General Michael Pickup says the report draws attention to spending as important, but it doesn’t identify problematic accounting in those areas.

The report says the $5 billion cost for recovery and response efforts after destructive wildfires, landslides and floods was higher than the costs of weather-related emergency management measures over the past 19 years combined.

The audit released Tuesday also shows the province is trying to recover nearly $10.5 million from more than 10,000 people who were ineligible to receive $1,000 pandemic relief grants because ‘they hadn’t filed a 2019 BC tax return.

It also highlights a long-standing difference of opinion between the Auditor General and the province over how the Ministry of Finance accounts for payments from other governments and non-government sources, saying that British Columbia has 6 $.48 billion as deferred revenue when it should be counted as revenue.

Pickup’s office had issued a qualified independent opinion highlighting that concern and two others in August, after the province’s financial statements were released.

He is the fourth consecutive auditor general to express concern that British Columbia is not following generally accepted accounting standards in some areas of its financial reporting, Pickup said at a news conference Tuesday.

The report says funds from the federal government, for example, should be counted as revenue rather than deferred revenue, an adjustment that would add nearly $6.5 billion to the province’s surplus for the fiscal year. 2021-2022.

The Department of Finance has defended its accounting, saying it records deferred revenue for grants that span multiple years, so reported revenue will more accurately reflect its allocation over time, rather than appearing as a lump sum.

Changing that approach could mislead the public into thinking there’s more money in the province’s coffers than is immediately available, the department said.

Tuesday’s report includes a response from the Office of the Comptroller General, which says the province maintains its policy of recognizing restricted funding over the same period that money-funded programs and services are provided.

He said he could not agree with the auditor because adopting the change would mean that budget and actual results would no longer be directly comparable.

Pickup says the province is “obfuscating its financial position by applying an accounting policy designed to smooth profits over long periods of time.”

“Our concern is that this opens up government accounting to possible future manipulation of financial statements. It also prevents users of financial statements, such as MPs, from engaging in healthy and informed debate about government finances. “

This report from The Canadian Press was first published on November 22, 2022.

The Canadian Press

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Pro poker players victims of fake sports betting accounts https://killerkash.com/pro-poker-players-victims-of-fake-sports-betting-accounts/ Sat, 19 Nov 2022 15:03:42 +0000 https://killerkash.com/pro-poker-players-victims-of-fake-sports-betting-accounts/ Dozens of fraudulent accounts have been created on online sports betting apps in recent weeks, many using the personal information of professional poker players, and unauthorized bank withdrawals of over $10,000 have been processed in what an alleged victim calls it one of the poker community’s worst robberies. the story. Several of the fraudulent accounts […]]]>

Dozens of fraudulent accounts have been created on online sports betting apps in recent weeks, many using the personal information of professional poker players, and unauthorized bank withdrawals of over $10,000 have been processed in what an alleged victim calls it one of the poker community’s worst robberies. the story.

Several of the fraudulent accounts were created on BetMGM’s sports betting app.

“We are aware of a potential incident and are actively investigating it,” a BetMGM spokesperson said in a statement to ESPN. “The security of our customers’ accounts is of the utmost importance to us. We encourage all affected customers to contact our customer service directly.”

Online payment processor Global Payments Gaming Solutions, one of the deposit options on BetMGM and other online gambling sites, said in a statement that it is assisting law enforcement with an investigation into ” fraudulent accounts created with unaffiliated third parties using stolen personal information”.

“There were no security breaches or fraudulent accounts opened at our gaming business as part of this investigation,” a Global Payments spokesperson said in a statement. “Protecting our customers and their customers’ information and funds is our top priority and we are working with these third parties to ensure that everyone involved is reimbursed.”

The company did not respond to questions about the scale of the fraud, which authorities were involved in the investigation, or what steps were taken to ensure the problem does not persist.

Todd Witteles, a well-known poker pro from California, said a betting account at BetMGM in West Virginia was opened under his name using a $10,000 deposit directly from his checking account. Witteles says he doesn’t have an account on any BetMGM site and has never been to West Virginia. On the same day the account was created, a $7,500 withdrawal to a Venmo debit card was processed. The remaining $2,500 was similarly withdrawn on Nov. 4, Witteles said.

“They retired to another account on the same day without ever playing on the account,” Witteles told ESPN on Friday.

Witteles said he was working with a local detective and his bank, but as of Friday his $10,000 had not been returned. Las Vegas poker pro Joseph Cheong tweeted that he had been debited $98,000 by BetMGM, and many other poker players also posted on social media that they had been affected. Some players who were affected for lesser amounts told ESPN that they had their funds recovered. Witteles estimates that the number of victims could be more than 50.

“This is without a doubt the worst case of bank account theft in poker history,” he said. “I’ve seen cheating scandals at the poker table, online and live that have resulted in bigger thefts than that, but when it comes to the direct theft of people’s bank accounts, I’ve never had anything. seen from such.”

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SEC secures record $6.4 billion in application payments https://killerkash.com/sec-secures-record-6-4-billion-in-application-payments/ Wed, 16 Nov 2022 17:57:00 +0000 https://killerkash.com/sec-secures-record-6-4-billion-in-application-payments/ Gurbir Grewal, director of the enforcement division at the Securities and Exchange Commission, said his mission is to restore public confidence in financial markets and the authorities that oversee them, which means hitting violators. with tougher penalties and force them to admit their wrongdoing. . The headquarters of the United States Securities and Exchange Commission […]]]>

Gurbir Grewal, director of the enforcement division at the Securities and Exchange Commission, said his mission is to restore public confidence in financial markets and the authorities that oversee them, which means hitting violators. with tougher penalties and force them to admit their wrongdoing. .

The headquarters of the United States Securities and Exchange Commission in Washington, DC

Al Drago/Bloomberg

The SEC this week released its enforcement report for fiscal year 2022 (which ended Sept. 30), saying that through settlements and won judgments, it secured a record $6.4 billion. in total payments, including $4.2 billion in penalties, also a record.

Speaking at a conference in Washington on Tuesday, Grewal pointed to the numbers as evidence his division is making progress in tackling some of the worst behavior among market participants.

“It’s so important right now given the volatility and uncertainty that we are experiencing in the financial markets and in the crypto market,” Grewal said.

Its division at the SEC, which determines which cases to pursue and negotiates settlements with companies and individuals accused of misconduct, carries more weight in public perceptions of corporate liability than any other part of the agency, and Grewal describes the mission in urgent terms. , saying it is crucial to tackle the perception that “we regulators somehow fail to hold bad actors accountable.”

The SEC only has civil authority, so Grewal’s attorneys aren’t throwing any wrongdoers in jail. But he sees the agency’s ability to impose monetary penalties on bad actors as one of its most important tools, arguing that those fines must be large enough that the companies affected take a real hit and that other companies are taking note.

“In terms of sanctions and remedies, simply put, they must be sufficient to punish and deter misconduct,” Grewal said. “If market participants believe that being fined by the SEC is just another expense to be factored into the cost of doing business, then penalties are neither an effective punishment nor a deterrent.”

Consider the breakdown of total payouts the SEC obtained through enforcement action in fiscal year 2022. Grewal examines the relationship between penalties and restitution — the ill-gotten gains that violators are ordered to repay — as having been historically unbalanced, with restitutions generally being numbered higher than penalties. According to his interpretation, this means that the incentive to break a law – the possibility of achieving these ill-gotten gains – is greater than the potential punishment – the sanctions that the commission assesses.

This year, the level of penalties imposed by the commission was nearly double the $2.2 billion in restitution payments. For the previous five fiscal years, reimbursement volumes were generally more than twice as high as penalties, according to Grewal.

“In other words, for every dollar in penalties issued, offenders received over $2 in ill-gotten gains,” he said. “Now, to me, that ratio is reversed, because it means at the macro level that the potential reward for getting away with violating securities laws was far greater than the potential downside of getting caught.”

Another consideration that potential rule breakers might weigh involves admissions of guilt. The SEC frequently includes boilerplate language in its regulations saying that the alleged bad actor agrees to the terms of the deal, including the monetary penalties involved, without admitting or denying guilt. Grewal wants to change that.

He cited 19 major recent deals the SEC has entered into, all of which included admissions of wrongdoing. Seventeen of them involved improper communications within some of the larger brokerages. The others involved allegations of cheating on the CPA exam at Ernst & Young and alleged fraud at Allianz that masked the risks associated with an options trading strategy.

“Admissions is an incredibly powerful measure of accountability, and you should expect us to continue to seek admissions in similar cases,” Grewal said.

He says the commission does not take admissions lightly and insists that parties admit wrongdoing when his team has a strong enough case for them to be confident they would win at trial. (The SEC won in 12 of the 15 cases it brought to court in fiscal year 2022.)

So for the accused, that means the choice could come down to accepting a settlement that includes an admission of guilt or a trial.

“We are intentional and thoughtful when we put admissions on the table,” he said. “In cases where we put admissions on the table, we will litigate those issues.”

Email advisor.editors@barrons.com

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DIVIDEND STOCK 50%: Power Grid Dividend 2022 Record Date, Ex Date, Payment Date | Power Grid Dividend History, Power Grid Stock Price Dividend 2022 – NSE Power Grid Stock Price https://killerkash.com/dividend-stock-50-power-grid-dividend-2022-record-date-ex-date-payment-date-power-grid-dividend-history-power-grid-stock-price-dividend-2022-nse-power-grid-stock-price/ Mon, 14 Nov 2022 04:06:20 +0000 https://killerkash.com/dividend-stock-50-power-grid-dividend-2022-record-date-ex-date-payment-date-power-grid-dividend-history-power-grid-stock-price-dividend-2022-nse-power-grid-stock-price/ Power Grid Dividend 2022 Record Date, Ex Date, Payment Date, Power Grid Share Price NSE: Power Grid, NSE: POWERGRID, shareholders have good news. The public sector company announced to pay dividends to its shareholders. It will pay a 50% interim dividend to investors for the 2022-23 fiscal year, according to an exchange filing earlier this […]]]>

Power Grid Dividend 2022 Record Date, Ex Date, Payment Date, Power Grid Share Price NSE: Power Grid, NSE: POWERGRID, shareholders have good news. The public sector company announced to pay dividends to its shareholders. It will pay a 50% interim dividend to investors for the 2022-23 fiscal year, according to an exchange filing earlier this month. The dividend will be paid to Power Grid shareholders subject to eligibility on the record date.

Power Grid Corporation of India, under the ownership of the Ministry of Energy, is engaged in bulk power transmission across the country. The Gurugram-based company was founded in 1989. The company transmits about 50% of the total electricity produced in the country through its transmission network.

Power Grid Stock Dividend 2022

The par value of Power Grid’s share is Rs 10. The company has said it will pay a 50% dividend to shareholders. This translates to Rs 5 per share. This means Power Grid shareholders will receive a dividend of Rs 5 per share. For example, if a Power Grid shareholder has 100 shares in his Demat account, the company will pay him a dividend of Rs 500.

2022 Power Grid Dividend Record Date

Power Grid will pay a dividend of Rs 5 only to eligible shareholders. To determine the eligibility of shareholders, the company announced the record date. To receive a dividend of Rs 5, one must hold Power Grid shares in his Demat account on the record date.

The record date for the 2022 Power Grid stock dividend is Nov. 15, according to the filing.

“The Board of Directors, at its meeting on November 5, 2022, approved the payment of an interim dividend of Rs.5 per share of Rs.10/- each (@50% of paid-up share capital) for the financial year 2022-23,” the company said in a filing.

2022 electricity grid dividend ex-dividend date

The Power Grid shares will trade on the ex-dividend date one business day prior to the record date. According to the NSE website, Power Grid shares will trade on the ex-dividend date of November 14.

2022 Power Grid Dividend Payment Date

Power Grid will pay an interim dividend to eligible shareholders on November 30, the company said in the filing.

The dividend amount of Rs 5 per share will be credited directly to the bank accounts linked to the Demat accounts of the shareholders.

Electric Grid Dividend History

IN 2022 so far, Power Grid has paid dividends twice. In August, the company paid a dividend of Rs 2.25 per share. Prior to that, Power Grid had paid Rs 5.50 per share dividend to its shareholders in February. In 2022, the public company paid Rs 10 in dividends 3 times. Separately, Power Grid had also issued free shares in July 2022 at a ratio of 1:3.

Power Grid NSE India stock price

The Power Grid share price has remained in a consolidation phase in recent months. In 6 months, the stock has generated a negative return of approximately 9% for its investors, while it has generated a nice turnaround of more than 14% over the past year. The 52-week range of the stock is Rs 248.35 to Rs 182.

Brokerage firm ICICI Securities has assigned an additional rating to the stock with a target price of Rs 228 each.

Click here for the latest stock market updates | Zee Business live

Dividend shares: Power Grid, Jamna Auto, SMC Global, Amrutanjan, EPL Limited – Check ex-date, record date

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World record $2.04 billion Powerball jackpot sold winning ticket https://killerkash.com/world-record-2-04-billion-powerball-jackpot-sold-winning-ticket/ Thu, 10 Nov 2022 17:23:55 +0000 https://killerkash.com/world-record-2-04-billion-powerball-jackpot-sold-winning-ticket/ The $2.04 billion Powerball jackpot finally found a winner on Tuesday morning, after technical difficulties delayed the draw that was due to take place on Monday. The massive prize marked the fifth time in the past five years that a lottery jackpot has crossed the $1 billion threshold – and this one was a world […]]]>

The $2.04 billion Powerball jackpot finally found a winner on Tuesday morning, after technical difficulties delayed the draw that was due to take place on Monday.

The massive prize marked the fifth time in the past five years that a lottery jackpot has crossed the $1 billion threshold – and this one was a world record.

The price had been growing for more than three months. The odds of winning were about one in 292.2 million, according to Powerball.

Lottery winners choose between receiving their winnings as an annuity – with payments over 30 years – or the more popular option, a one-time lump sum payment of a lower amount. (That’s the option “Shark Tank” star Kevin O’Leary says you should choose.) The pre-tax lump sum payout for Tuesday’s winner would be $997.6 million.

The previous Powerball jackpot winner came from the $206.9 million draw on August 3 – not a bad move, but now pales in comparison to a prize that topped the previous US jackpot record set in January 2016. This was also a Powerball draw that reached $1,586. billion and was split between three winning tickets.

Here is an overview of the best lottery prizes ever won so far.

1. $2.04 billion (Powerball)

A single winning ticket for the record-breaking Powerball draw was sold at a gas station and convenience store called Joe’s Service Center in Altadena, California, a community north of Los Angeles. While the business owner received a $1 million bonus from Powerball for selling the winning ticket, the identity of the ticket owner remains unknown.

California is not one of the US states where lottery winners have the option to remain anonymous, so the jackpot winner will eventually have to come forward and claim their winnings publicly. They will have up to one year from the date of the winning draw to claim the prize, under California Lottery rules.

When they show up, they’ll have to choose between the annuity option or the nearly $1 billion lump sum payment, which would likely result in a total tax bill of $369.1 million, based on the rate of highest federal tax of 37%.

If the prize were taxed as income in California, the winner would face an additional tax bill of over $120 million. But California, along with Delaware, is one of only two states that doesn’t tax lottery winnings as regular personal income, marking another stroke of luck for the winner.

2. $1.59 billion (Powerball)

This January 13, 2016 Powerball draw, for which three winning tickets were sold, held the record for the biggest lottery prize in history for more than six years, until this week’s Powerball draw left it. to fall.

The winners – John and Lisa Robinson in Tennessee, Maureen Smith and David Kaltschmidt in Florida, and Marvin and Mae Acosta in California – split the total prize money, giving them the possibility of approximately $533 million before taxes in the form of an annuity. or $327.8 million as a package. – payment of the sum.

The Robinsons’ winning ticket was one of four they purchased at a grocery store, they told NBC’s TODAY show. They chose to take the lump sum. “We’re not guaranteed tomorrow,” John says.

Florida-based Smith and Kaltschmidt also picked the lump sum. At the time, they planned to get a massage, upgrade their truck and retire with the newfound wealth, according to NBC.

The Acostas remained anonymous for months after winning, but released a statement saying they were grateful for the “rare gift entrusted to us”.

3. $1.54 billion (mega million)

The winner of that huge raffle in October 2018 also took its time to surface.

South Carolina is one of the few states that allows lottery winners to claim their prize anonymously. The ticket holder – who never came forward – finally claimed his winnings in March the following year, just over a month before the deadline to come forward or risk losing the prize.

The South Carolina Education Lottery Commission revealed that the winner chose the cash option for their prize, taking a one-time payment of approximately $878 million. It’s not a record jackpot, but this number still represents the biggest payout for a single lottery winner in US history, at least for now.

Based on the expected tax bill, the total win from this jackpot was likely around $491.7 million, after federal and state taxes – 7% South Carolina income tax, plus the federal rate. by 37%. Other taxes may also apply.

4. $1.34 billion (mega million)

The first $1 billion jackpot of 2022 topped $1.3 billion before finding a winner in July.

The winning player or players purchased the lucky ticket at the Speedway convenience store in Des Plaines, Illinois – and opted to take the lump sum payout option of more than $780 million, according to Mega Millions.

Illinois allows lottery winners to remain anonymous, and whoever won this huge prize has chosen to remain unknown to the public.

5. $1.05 billion (mega million)

The fifth-biggest US lottery prize ever won in a January 2021 Mega Millions draw. The ticket was reportedly purchased by four members of a lottery club in the Detroit suburb of Novi. A lawyer representing the club claimed the award for them in March 2021.

“A club member saw a sign that the jackpot was up to $1 billion and remembered he hadn’t bought his tickets yet, so he walked into the Kroger,” said Kurt Panouses, l estate lawyer and club representative, to reporters on behalf of the winners last year.

“When you play, of course you dream of winning, but the reality is unbelievable,” he said. “This kind of money will impact the families of our club members for generations to come. We plan to stay humble and pass it on through charitable giving in Southeast Michigan.”

Want to earn more and work less? Register for free CNBC Make It: Your Money Virtual Event on December 13 at 12 p.m. ET to learn from money masters like Kevin O’Leary how you can increase your earning power.

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Crime Starters United States https://killerkash.com/crime-starters-united-states/ Fri, 04 Nov 2022 09:01:15 +0000 https://killerkash.com/crime-starters-united-states/ Columns Column: The Politics Responsible for the Coming Democratic Disaster Clockwise from top left, all Democrats: Pennsylvania Senate candidate John Fetterman, New York Governor Kathy Hochul, Wisconsin Senate candidate Mandela Barnes, former DA of San Francisco Chesa Boudin and Philadelphia DA Larry Krasner Matthew Continetti • November 4, 2022 5:00 am New York Governor Kathy […]]]>

Column: The Politics Responsible for the Coming Democratic Disaster

Clockwise from top left, all Democrats: Pennsylvania Senate candidate John Fetterman, New York Governor Kathy Hochul, Wisconsin Senate candidate Mandela Barnes, former DA of San Francisco Chesa Boudin and Philadelphia DA Larry Krasner

Matthew Continetti • November 4, 2022 5:00 am

New York Governor Kathy Hochul is a case study in denial. The unelected Democrat is in trouble because she won’t recognize the danger of increased crime. When challenger Lee Zeldin, a Republican congressman from Long Island, brought up public safety during last week’s debate, Hochul scoffed. “I don’t know why this is so important to you,” she said. She might as well have stuck her tongue out at voters. Support for Zeldin has increased over the past few days.

Hochul can still win. New York hasn’t voted for a Republican governor since 2002. Whatever the outcome — and Zeldin has a path to victory — the conclusion is clear: Crime is once again a matter of national concern.

Look at the polls. Sixty-one percent of registered voters told the Pew Research Center this month that violent crime is very important to their midterm vote. An October Gallup poll ranked crime third, after the economy and abortion. The October Fox poll showed crime ranked second only to inflation in the minds of voters. According to another recent Gallup survey, a record 56% of Americans say there is more crime in their area than there was last year.

Hochul attributes this feeling to the mass illusion. “They are master manipulators,” she told MSNBC on October 30. “They have this conspiracy all over America trying to convince people in Democratic states that they are not safe.” Hochul did not say who “they” are. She meant Republicans.

The truth is that Hochul is the one who is disconnected. The reason voters are concerned about crime is that crime has increased. The sensational stories of subway murders, carjackings, kidnappings and shoplifting are not isolated events. Murders and assaults have increased across the country since 2019. Murders have declined somewhat since the start of this year, but the decline has been unevenly distributed and other forms of violent crime are on the rise. The lawlessness that has spread across the country in 2020 has not diminished.

Voters also don’t believe Democrats can restore order. An ABC News-Ipsos poll from October showed a paltry 22% of registered voters trust Democrats to handle crime. Thirty-seven percent trust the GOP. Republicans also had a 15-point advantage over Democrats on crime in the October Fox poll.

The trend is visible in individual campaigns. In September, Mandela Barnes was tied with Republican Senator Ron Johnson of Wisconsin. Then Johnson’s campaign and Mitch McConnell’s Senate Leadership Fund began running ads that attacked Barnes’ positions on crime. Johnson has been in the lead ever since. Also in September, John Fetterman edged out Mehmet Oz in the race for the open seat in the Pennsylvania Senate. Then the criminal ads increased. Oz started winning.

The attacks work because progressive Democrats like Barnes and Fetterman have views on crime that are outside the mainstream. Over the past decade, the movement for criminal justice reform has become more radical in advocating for the emptying of prisons or decarceration. Progressive prosecutors such as Kim Foxx in Chicago, Larry Krasner in Philadelphia, George Gascón in Los Angeles, Chesa Boudin in San Francisco and Alvin Bragg in New York have refused to press charges for many crimes and have asked for light sentences for the offenses they prosecuted. . In 2019, New York ended cash bail for most felonies and misdemeanors. In 2020, progressive Democrats began cutting police budgets.

Criminals easily maneuver in these permissive environments. Most cities are sanctuaries that do not cooperate with Immigration and Customs Enforcement. Non-profit organizations and local governments subsidize alcoholism and drug addiction. Homeless encampments dot the landscape. The scent of very potent legal marijuana fills the air. In Baltimore, squeegees harass motorists. In New York, turnstile jumping is rampant. Major retail chains have closed locations in downtown San Francisco, Philadelphia and DC. Antisocial behavior flourished.

The progressive left has rejected the lessons of the past. They repudiated the legacy of the 1990s, when Democrats and Republicans built prisons, imposed tough sentences on criminals, hired more police, used the death penalty, and embraced “broken windows” and policing techniques. community. Progressives continued to pursue their false notion of social justice even as the death toll rose. They ignored voters shouting stop.

In the spring of 2020, left-leaning data scientist David Shor shared research on his social media account that showed Republicans were getting electoral benefits from voter backlash against the riots. He was fired from his job. In November 2020, Republicans proved Shor’s point by unexpectedly winning 14 House seats. The left did not flinch.

Certainly, President Biden avoided the slogan “Defund the Police”. He promised to spend more money on law enforcement while cracking down on guns. Its message has been drowned out by the cultural left’s apostles in politics, education and the media, who condemn the police and convictions as racist and the criminal justice system as irremediable. The ineffective Biden has little sway over the complacent governors and crazed prosecutors behind the crime spike.

The commitment to decarceration and decriminalization persists. Neither the election of Eric Adams as mayor of New York nor the recall of Chesa Boudin to San Francisco stopped her. New York’s bail reform may be responsible for Kathy Hochul’s defeat, but Illinois Governor JB Pritzker wants a similar measure to take effect in the Prairie state next year .

The New York Times expresses amazement that voters in Kenosha, Wisconsin are blaming incumbent Democratic Governor Tony Evers for presiding over the riot that turned their town into a burning carcass – nerve! The crime scourge may elect Oz to the US Senate, but District Attorney Krasner is more focused on possible election interference. “We have handcuffs, we have jail cells and we have jurors who will be here,” he said at a press conference on extremism this week. This news might surprise anyone who has followed his career. Now that Krasner has acknowledged the existence of handcuffs and prisons, maybe he can use them to lock up the crooks terrorizing Philadelphia?

He won’t. Krasner and company are ideologues who believe they are immune to the destructive consequences of their own agendas. Voters are about to teach progressive Democrats a lesson: Crime doesn’t pay.

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How is your credit score calculated and why is it important? – SteinbachOnline.com https://killerkash.com/how-is-your-credit-score-calculated-and-why-is-it-important-steinbachonline-com/ Tue, 01 Nov 2022 10:08:47 +0000 https://killerkash.com/how-is-your-credit-score-calculated-and-why-is-it-important-steinbachonline-com/ You know credit scores exist. You might even know what yours is. But do you know how it’s calculated and why it matters? Your credit score determines whether you can get a credit card, rent an apartment, buy a house, start a business, or even get a cell phone contract. A low credit score can […]]]>

You know credit scores exist. You might even know what yours is. But do you know how it’s calculated and why it matters?

Your credit score determines whether you can get a credit card, rent an apartment, buy a house, start a business, or even get a cell phone contract.

A low credit score can limit your choice of loans or whether you can get one – and if you can, it could have a high interest rate.

“There’s a huge cost to having a low credit score that happens to people, a real financial cost to them, and it’s a shame that people don’t learn that or know that or don’t lend to it. watch out until it’s usually too late,” said Colleen McCreary, consumer finance advocate at Credit Karma.

Here’s an overview of how you can create healthy habits to avoid having a low credit score:

WHAT IS A CREDIT SCORE?

A credit score is a mathematical formula that helps lenders determine how likely you are to repay a loan. Credit scores are based on your credit history and range from 300 to 850.

“It’s a score that’s going to determine how comfortable people are with lending you money,” McCreary said.

If your credit score is high, you can borrow more money. But if it’s low, you can borrow less or no money, or borrow money with a high interest rate, which can then create more debt.

Banks, landlords, and insurance companies look at your credit score to determine the type of credit card you can get approved for, if you’re the right fit for an apartment, and your insurance rate, among other things. .

“Essentially, the bank will say, ‘Hey, you don’t have a good credit rating. Instead of 2% interest, we’re going to give you 3% interest,’” he said. Kristin Myers, editor. from The Balance, a personal finance website. “That could mean you’re paying more money over the life of a loan each month.”

HOW IS MY CREDIT SCORE CALCULATED?

Although the idea of ​​credit scores is simple, how they are determined is more complicated.

Credit scores can come from several credit reporting agencies. You can access your credit report online for free from Equifax and TransUnion. Everyone has their own model for calculating credit scores.

Although we generally know what factors go into credit scores, agencies do not share their specific formulas with the public. But each produces a slightly different score.

“One scores like a basketball game, one scores like a football game, and one scores like a hockey game,” said McCreary, who added that you shouldn’t worry if an agency gives you some points less than the others.

Since you don’t know which agency your lender will go to to check your credit score, McCreary also recommends that you check all three before applying for major credit.

Here are the factors frequently used to calculate your credit score:

— Invoice payment history

— Length of credit history

— Current unpaid debt

— How much of your available credit you are using

— New credit applications

— If you have had a debt sent to collection, foreclosure or bankruptcy

One thing that doesn’t affect your credit score is how much money you earn, McCreary said. But you should always be careful to only borrow the amount you can afford to repay.

Other aspects that don’t affect your credit score include your age, location, and demographic information such as race, ethnicity, and gender, according to Experian.

HOW CAN I KNOW MY CREDIT SCORE FOR FREE?

There are several ways to check your credit score for free. A good place to start is to check if your bank offers this service to its customers. Additionally, each of the credit reporting agencies allows you to check your credit score for free.

WHAT IS A GOOD CREDIT RATING?

You are considered to have a good credit score if it is 670 or higher. If your credit score is above 750, you’re considered to have an excellent credit score, McCreary said.

“There’s this kind of dream scenario of having a credit score over 800, it’s a very high credit score and very few people ever get there,” McCreary said.

“Fair” credit scores are considered to be between 580 and 669, a credit score below 580 is considered bad credit.

SIX TIPS TO IMPROVE YOUR CREDIT SCORE

The journey to improving your credit score is different for everyone. But some steps that can help you fight credit card debt include paying at least the minimum monthly payment and, if you can, paying a little more than the minimum in order to pay less. interest over time.

1: KNOW YOUR STARTING POINT

The first step to raising your credit score is knowing your current score and what’s showing up on your credit report, said Kristin Myers, editor of The Balance, a personal finance website.

“You can’t fix what you don’t know,” she said. “Check if there are any errors or if you have already made a dispute and it is still showing up.”

Once you see what’s in your report, you can begin to identify where you might have weaknesses. For example, if you have a large debt on one of your credit cards, start paying off that debt to reduce credit usage that affects your credit score.

2: MANAGE YOUR DEBTS AS WELL AS YOU CAN

Ideally, you pay off your credit card every month. But, if that’s not possible for you, making small payments can help you maintain or increase your credit score.

If you can, pay a little more than the minimum monthly payment so you pay less interest over time.

A well-known method of payment is the “debt snowball” where you pay off your debts from smallest to largest, to build momentum and good habits. Once the small debts are paid off and you get into the habit of paying off your debts, the money you used to put aside each month can then be used for larger debts.

3: AVOID MORE DEBT, IF YOU CAN

Not taking on new debt is another way to boost your credit score, Myers said. If you haven’t repaid the debt you currently have, it’s best not to open any other lines of credit. If you are in a situation where you rely on credit due to economic circumstances, try to avoid unnecessary purchases which could significantly increase your debt load.

4: USE CREDIT CARDS, BUT IN MODERATION

Many people’s first instinct is not to use a credit card to avoid getting into debt. However, this is not a good tactic if you want to have a good credit rating. It’s best to have at least one credit card, but the key is to use it in moderation, said Colleen McCreary, consumer finance advocate at Credit Karma.

“You don’t want to use more than 30% of the credit that’s available to you, but you want to use those cards even a little to prove that you can be trusted,” she said.

When you use your credit card, be sure to pay on time each month and try to use it only for purchases you already intended to make and can afford.

5: DON’T CLOSE YOUR OLD ACCOUNTS

After paying off your credit card, you might think it best to close the account to avoid using it again.

It actually hurts your credit score. Since one of the factors in your credit score is the length of your credit history, if you close your oldest credit card account, you also erase it from your credit history.

“Keeping the length of that credit history open is extremely important because the length of time you’ve had a loan or line of credit is going to increase your credit score,” Myers said.

6: IF YOU HAVE NO CREDIT HISTORY, START SAFELY

If you’re just starting out and want to grow your credit, there are several ways to secure this process so you don’t get into debt. One of the most recommended ways is to open a “secured card”, which are credit cards that require a deposit that is usually equal to the amount of credit given to you.

The deposit is there in case you can’t repay the credit, but it’s returned to you after you switch to an “unsecured” card. Secured cards are reported to the credit bureaus, which means that this line of credit appears on your credit report and can help you build or fix your credit score.

The Government of Canada also provides resources on how to improve your credit score.

WILL CHECK MY CREDIT SCORE REDUCE IT?

Checking your credit score doesn’t lower it unless you do a “thorough investigation,” which is only done when applying for a line of credit.

Informal inquiries, where you want to know your credit score, do not affect your score and it is good practice to check your credit score often to ensure it is accurate.

On the other hand, lenders make tough inquiries when you apply for credit, such as a mortgage or car loan, and these appear on your credit report.

McCreary recommends not applying for multiple credits at the same time as this could hurt your credit score. It’s best to know your credit score ahead of time and then apply when you’re sure your loan will be approved.

HOW CAN I CREATE HEALTHY HABITS WITH MY CREDIT SCORE?

The first step is to check in at least once a year to make sure you’re comfortable with your current credit score.

If you’re considering applying for a large line of credit, you want to check your score a few months in advance and see how you can start improving it. If you’re currently trying to boost your credit score, it’s a good idea to check it often to see if your actions are making a difference.

If you notice an error in your credit report, you can dispute it by contacting the respective credit reporting agencies. https://www.canada.ca/en/financial-consumer-agency/services/score-credit-reports/check-errors.html

Knowing your credit score and maintaining healthy habits in this regard is essential to having a good credit history. However, it’s important for people to know that their financial worth shouldn’t be tied to their credit score, Myers said.

“It doesn’t mean you’re a bad person or you struggle with money and constantly have to fight,” she said.

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Powerball jackpot is $825 million for Saturday’s draw https://killerkash.com/powerball-jackpot-is-825-million-for-saturdays-draw/ Sat, 29 Oct 2022 18:45:00 +0000 https://killerkash.com/powerball-jackpot-is-825-million-for-saturdays-draw/ Saturday night’s Powerball prize reached approximately $825 million, giving players a chance to win the second-largest prize in the game’s history. The prize has a cash value of $410.2 million. There have been 36 consecutive drawings without a grand prize winner. If a player wins Saturday’s jackpot, it will be the sixth time the Powerball […]]]>

Saturday night’s Powerball prize reached approximately $825 million, giving players a chance to win the second-largest prize in the game’s history. The prize has a cash value of $410.2 million.

There have been 36 consecutive drawings without a grand prize winner. If a player wins Saturday’s jackpot, it will be the sixth time the Powerball jackpot has been hit this year. If there are no winners from the Saturday night draw, it is estimated that the jackpot will reach $1 billion in annuity for the following draw on Monday.

A rack with cards that people can use to choose their own numbers to buy lottery tickets for the Saturday, October 29, Powerball lottery draw, is seen on a counter at a market in Prospect, Pennsylvania, October 28 2022.

Keith Srakocic/AP

The biggest prize in Powerball history was $1.586 billion sold in January 2016 and shared by three winners in California, Florida and Tennessee.

Six tickets matched the five white balls to win million dollar prizes in Wednesday night’s draw. Winning tickets were won in California, Connecticut, Illinois, Michigan and New York.

More than 2.1 million tickets won cash prizes on Wednesday, totaling $21.1 million.

PICTURED: A person holds up their tickets purchased at a liquor store on October 28, 2022 in Hawthorne, California.

A person holds up their tickets purchased from a liquor store on October 28, 2022 in Hawthorne, California.

Mark J. Terrill/AP

A $632.6 million jackpot was hit on January 5 and split between winners from California and Wisconsin.

The Powerball jackpot was last won with a ticket to Pennsylvania, which won a jackpot of $206.9 million on August 3.

The overall odds of winning a prize are 1 in 24.9. The odds of winning the jackpot are 1 in 292.2 million, according to a statement from Powerball.

PHOTO: Customers pay for their groceries next to the display of lottery tickets showing the jackpot amount for the Saturday, October 29, Powerball lottery draw at a market in Prospect, Pennsylvania October 28, 2022.

Customers pay for their groceries next to the display of lottery tickets showing the jackpot amount for the Saturday, Oct. 29, Powerball lottery draw at a market in Prospect, Pennsylvania on Oct. 28, 2022.

Keith Srakocic/AP

Powerball tickets are $2 per game. Tickets are sold in 45 states, the District of Columbia, Puerto Rico and the US Virgin Islands. Ticket sales cut-off times vary by jurisdiction, but are usually one to two hours before the scheduled draw.

Jackpot winners can choose to receive their prize as an annuity, paid in 30 installments over 39 years, or as a lump sum payment.

Powerball holds the world record for the biggest jackpot set in 2016.

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MSC News https://killerkash.com/msc-news/ Thu, 27 Oct 2022 09:50:51 +0000 https://killerkash.com/msc-news/ (KNZA)–The Hiawatha City Commission, at its meeting Monday night, heard a funding application from the Brown County Historical Society for funding for the American Rescue Plan Act. Historical Society director Lynn Allen said the group […]]]>














(KNZA)–The Hiawatha City Commission, at its meeting Monday night, heard a funding application from the Brown County Historical Society for funding for the American Rescue Plan Act.


Historical Society director Lynn Allen said the group would like to secure funding for various projects, including improvements to the Memorial Auditorium elevator and repairs to second-floor windows, the elevator and air conditioning. of the Bruning Memorial Building, to repair air conditioning and heating. as well as the roof, at the Hiawatha World office, as well as for work on the windmill and gravel building at the Ag Museum.


Allen said they are still gathering cost estimates for the projects and will submit the list for review once they are obtained.


Commissioner Dave Middendorf, chairing the meeting in the absence of Mayor Bill Collins, said the Commission had decided some time ago what to spend the ARAP funds on, but would consider the group’s slate, if not. funds remained.


The Historical Society met with the Brown County Commission last week to also request funds from ARPA.


In other matters, the Commission approved the appointment of Leon Wissman to the Zoning Appeals Board to fill the unexpired term of John Moore, who resigned from the board. The mandate expires in May 2023.

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Cass Information Systems (NASDAQ:CASS) will pay a bigger dividend than last year at $0.29 https://killerkash.com/cass-information-systems-nasdaqcass-will-pay-a-bigger-dividend-than-last-year-at-0-29/ Sun, 23 Oct 2022 13:03:57 +0000 https://killerkash.com/cass-information-systems-nasdaqcass-will-pay-a-bigger-dividend-than-last-year-at-0-29/ Cass Information Systems, Inc. (NASDAQ:CASS) the periodic dividend will increase Dec. 15 to $0.29, with investors receiving 3.6% more than last year’s $0.28. This will bring the dividend yield to an attractive 2.7%, giving shareholder returns a nice boost. See our latest analysis for Cass Information Systems Cass Information Systems revenue easily covers distributions Impressive […]]]>

Cass Information Systems, Inc. (NASDAQ:CASS) the periodic dividend will increase Dec. 15 to $0.29, with investors receiving 3.6% more than last year’s $0.28. This will bring the dividend yield to an attractive 2.7%, giving shareholder returns a nice boost.

See our latest analysis for Cass Information Systems

Cass Information Systems revenue easily covers distributions

Impressive dividend yields are good, but that doesn’t matter much if payouts can’t be sustained. Prior to making this announcement, Cass Information Systems was easily earning enough to cover the dividend. This means that most of what the business earns is used to help it grow.

If the trend of recent years continues, EPS will increase by 6.6% over the next 12 months. Assuming the dividend continues on recent trends, we think the payout ratio could be 47% by next year, which is in a fairly sustainable range.

historical-dividend

Cass Information Systems has a solid track record

The company has a long history of paying stable dividends. The dividend has gone from an annual total of $0.468 in 2012 to the most recent total annual payment of $1.12. This means that it has increased its distributions by 9.1% per year during this period. Companies like this can be very valuable in the long run, if the decent growth rate can be maintained.

We could see the Cass Information Systems dividend increase

Investors who have held shares of the company for the past few years will be pleased with the dividend income they have received. Cass Information Systems has seen EPS increase over the past five years, at 6.6% per year. Cass Information Systems definitely has the potential to increase its dividend in the future with earnings on an uptrend and a low payout ratio.

We really like the Cass Information Systems dividend

Overall, we think it could be an attractive income stock, and it’s only getting better by paying a higher dividend this year. The company is easily earning enough to cover its dividend payments and it’s good to see that income translate into cash flow. Overall, this checks a lot of the boxes we look for when choosing an income stock.

Companies with a stable dividend policy are likely to enjoy greater investor interest than those that suffer from a more inconsistent approach. However, there are other things for investors to consider when analyzing stock performance. You can also find out if shareholders are aligned with insider interests by viewing our visualization of insider holdings and stock trading from Cass Information Systems. If you are a dividend investor, you can also consult our curated list of high yielding dividend stocks.

Feedback on this article? Concerned about content? Get in touch with us directly. You can also email the editorial team (at) Simplywallst.com.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. Our goal is to bring you targeted long-term analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price-sensitive companies or qualitative materials. Simply Wall St has no position in the stocks mentioned.

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