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A $100,000 Bill? The Story Behind Large-Denomination Currency
Your local convenience store may not accept bills larger than $20, but once upon a time you could have paid for your gum with a nice fresh $10,000 bill. What's the story behind the large-denomination bills that the government used to issue?
Why Even Americans Who Earn $100,000 Struggle With Bills : NPR
Today, amid the pandemic, a third of U.S. adults say they are having difficulty covering everyday costs such as food, rent or car payments. While people with the lowest incomes face the biggest challenges, even some households making above $200,000 are straining to pay basic expenses.
For many families, walking the tightrope of financial stress, with little to no savings, is hardly a pandemic-specific condition. Over a year ago, more than a third of Americans said they could not cover an unexpected $400 home repair or hospital bill without going into debt — or at all.
Mystery Surrounds $7 Billion Outflow From Vanguard S&P 500 Fund
A record outflow from one of Vanguard Group’s biggest exchange-traded funds is stirring speculation over who was behind it and why.
More than $7 billion was pulled from the $172 billion Vanguard S&P 500 ETF (VOO) on a single day this week, according to data compiled by Bloomberg, about 4% of the fund’s assets. But trading volumes were below the one-year average and there were no obvious outsized transactions, while the U.S. equity benchmark rose on the day -- making a mass exodus less appealing.