Author: Kyle Burbank
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Paterson, NJ Releases Results of Basic Income Test Program
After completing a basic income pilot program in 2022, Paterson, New Jersey has released some of the initiative’s findings. About the program and results: From June 2021 through June 2022, the City of Paterson gave 110 residents monthly payments of $400 with no strings attached. To qualify, individuals needed to make less than $30,000 per…
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Empower Personal Dashboard Review
A few years ago, my wife and I opened a new chapter in our financial journey as we resolved to make 2019 the year we learned more about investing. Whether I was reading books on the subject or exploring other blogs for advice, there was one recommendation I came across again and again: Personal Capital…
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Bilt Members to Vote on March 2024 Rent Day Benefit
In honor of March Madness, Bilt has created a Rent Day benefit bracket and is letting members vote for this month’s perk. About the March Rent Day benefit bracket: For March 2024’s Rent Day, Bilt is introducing its Bilt Bracket. This bracket consists of 16 sweet offers that members can vote on —with one winning…
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Reddit Announces Plans to Allow Redditors to Buy Its IPO Stock
Reddit has revealed more details about its planned initial public offering (IPO), including offering shares to users. About the IPO details: In an S-1 filing with the Securities and Exchange Commission (SEC), Reddit laid out some details about its IPO plans. As part of this, the site notes that it intends to allow Redditors (a…
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“Copy-Trading” Platform Dub Raises $17 Million
A FinTech brokerage platform that makes it easy to share and follow portfolio strategies has closed a new round of funding. About the round: Dub has announced that it’s raised $17 million — including $15 in equity deals and a $2 million debt facility. The seed round was led by Tusk Ventures with several other…
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Lessons From a First-Time Home Buyer: Surviving Our First Winter
One major difference between Springfield, Missouri and my previous city of residence (Glendale, California) is that, here, we have these things called “seasons.” Furthermore, unlike a California winter where you might have to put on a sweater when it dips into the 40s, we do see snow, ice, and occasional sub-zero temperatures here in the…
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American Airlines Announces Checked Baggage Fee Hikes
A major domestic airline recently announced increased baggage fees for customers. About AA’s new baggage policies: American Airlines is increasing its checked bag fees in a few ways. Now, customers on domestic flights (including Alaska, Hawaii, Puerto Rice, and the U.S. Virgin Islands) will need to pay $35 for their first checked bag when booked…
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Capital One Plans to Acquire Discover Financial for $35.3 Billion
Following rumors and reports yesterday, Capital One has now officially announced plans to acquire Discover. About the acquisition: Capital One intends to purchase Discover Financial for approximately $35.3 billion. The all-stock transactions will see Discover shareholders recieving 1.0192 shares of Capital One for each Discover share, which marks a 26% premium based on Discover’s recent…
