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College Student Returns $690 Million Check

Because his late father was an Air Force veteran, 22-year-old Allen Smith gets a check from the VA every month. The $650 helps pay his college expenses but, like many students, he could always use some more.

He got a lot more earlier this month, when he opened his VA check and was staring right at the staggering sum of $690 million.

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Category: Weird News Tags: , ,
cab driver
Photodisc
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Cabbie Returns $220,000 He Finds in Back Seat, Gets a 1% Tip — Is It Fair?

If you drive a cab in Las Vegas, you're gonna see some crazy things. But the biggest jolt of Adam Woldemarim's cab-driving career came last month after he finished a shift and was cleaning up his van. In the back seat of the vehicle was a soft laptop case that a fare had left behind. But instead of housing a computer, the case held $222,510 in cash.

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Category: Lawton News Tags: ,
'The Hobbit' coins
Warner Bros.
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‘The Hobbit’ Coins Will Be Legit Forms of Payment in New Zealand

New Zealand is pretty proud that Peter Jackson and his Warner Bros. team chose the country's landscapes to house production of 'The Lord of the Rings' and 'The Hobbit' films. We would be too, but probably not to the extent of the New Zealanders.

In a similar fashion to the US releasing those commemorative but completely usable state-themed quarters years back, New Zealand is about to make 'Hobbit' coins a legitimate form of currency in honor of 'The Hobbit: An Unexpected Journey's' premiere.

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Category: Movies Tags: ,
J
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What Are the Best and Worst States for Business?

While taxes are a way of life not all tax systems have been developed equally, according to the 2013 State Business Tax Climate Index by the Tax Foundation.

The Foundation’s latest report was released today, ranking the states most and least friendly to do business in based on factors like individual income tax, sales tax, corporate income tax, property tax and unemployment insurance tax.

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Category: Economy Tags: , , ,
American Express Cardmember Services
Bryan Bedder, Getty Images
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American Express Deceives Customers, Will Issue $85 Million Refund — Dollars and Sense

Have an American Express card that you never leave home without? You can expect a refund.

According to a report by the Consumer Financial Protection Bureau, American Express will be refunding $85 million to some 250,000 customers due to what officials are calling deceptive practices that include the charging of illegal late fees and discrimination against applicants 35 years old and up.

For nearly a decade, American Express was guilty of committing various infractions against its card owners that cheated customers into believing they were obtaining benefits like sign-up bonuses and improved credit scores that never came to pass.

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iPhone Wallet
Icatus, Flickr
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Would You Rather Lose Your Wallet or Your Smartphone? — Survey of the Day

For many decades, losing your wallet was clearly the worst. Not only were you suddenly without means to pay for anything, but you had been displaced of much of your personal information and were facing hours and hours of dealing with credit card companies and the DMV. Fun!

These days, a smartphone also packs a significant portion of your life into a small package that you carry with you everywhere and sometimes misplace. It also generally costs more than a wallet. So is the smartphone now the thing you'd least like to escape mysteriously from your pocket?

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Category: TSM Tags: , ,
college graduates
Lesliebyk, Flickr
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Job Market (Finally) Improving for College Grads — Dollars and Sense

For recent college graduates, the economic downturn and very, very slow recovery of the past few years have been brutal. But things may be looking up.

According to the Job Outlook 2013 survey, employers are on track to hire 13 percent more graduates from the class of 2013 than they did for those who walked away with their degrees in 2012.

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1943 Lincoln Penny
Dmnshnlz1, Flickr
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1943 Penny Sells for $1 Million — Dollars and Sense

How much is a penny really worth these days? Well, if it happens to be a 1943 Lincoln, it is likely worth a pretty penny, as one has reportedly just sold for $1 million.

Experts say the reason this rare coin is so valuable is because back when it was manufactured at the San Francisco Mint, it was mistakenly produced with bronze rather than the typical zinc-coated steel that the majority of the currency is made with.

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Discover
Breakingbusiness, Flickr
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Discover Misleads Cardholders, Will Issue $200 Million Refund — Dollars and Sense

Do you have a Discover card? If so, you can expect to receive a refund.

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ATM withdraw
Kevork Djansezian, Getty Images
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ATM Fees Skyrocket, Again, While Free Checking Disappears — Dollars and Sense

The days of the free checking account are nearing extinction and ATM fees are on the rise, according to the latest financial research from bankrate.com. Those annoying ATM surcharges that consumers incur every time they withdraw cash from a money mover that is not the property of the their bank have risen once again, to an all-time high of $2.50, up 4 percent from last year.

And lest you think we would mislead you by using a term like "skyrocket" in the headline to describe a mere 4 percent increase—there's more ...

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Lottery winner
Stephen Chernin, Getty Images
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Would You Quit Your Job If You Won the Lottery? — Survey of the Day

According to a new survey from CouponCabin.com of 2,570 adults, 50 percent play the lottery. And of that percentage, 65 percent would continue to live frugally it they happened to win big.

But would a frugal life include keeping their job and continuing to draw their salary?

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Category: Lawton News Tags: , ,
goodncrazy, Flickr
goodncrazy, Flickr
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Giving Kids an Allowance May Do More Harm Than Good — Dollars and Sense

For years, the prevailing wisdom behind doling out allowances to kids has been that the practice helps children learn about budgets, which, in turn, leads to better spending habits when they grow up — assumptions that may not be true.

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Category: Family, Kids Tags: , ,

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