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Last week, the Biden administration approved $100 payments to people who take the Covid-19 mRNA vaccines.

Then Walmart announced it was offering $150 to employees who were hesitant about taking the injections.

That led one blog to speculate that "the bribes are increasing right on schedule. In 1 month, holdouts should get 4 digits."

"And since Wall Street is all about following "thought leaders" we expect that within 48 hours, most financial companies will piggyback and also offer similar cash bribes to their unjabbed employees. At that point, employee envy will emerge and most US companies will be met with social pressure to do the same. And then there is the question of why aren't these bribes retroactive: surely some 165 million Americans feel very stupid right now for not waiting a few months and getting one month's rent for free."

That prediction came to fruition. According to Bloomberg, Vanguard is offering $1,000 to employees who get vaccinated by October.

A Vanguard spokeswoman confirmed the asset management company is offering $1,000 as an "incentive" to employees who are still holding out.

Zerohedge notes that the offer is not retroactive to those employees who dutifully took the shots already.

"At that point, employee envy will emerge and most US companies will be met with social pressure to do the same. And then there is the question of why aren't these bribes retroactive: surely some 165 million Americans feel very stupid right now for not waiting a few months and getting one month's rent for free."

Question: Would you be upset if you are fully vaccinated, but your colleague receives $1,000 for getting the vax?

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The Biden administration is offering $100 to Americans who get vaccinated, as the CDC vaccine rollout hits a brick wall.

The $100 payments can be paid for with the $350 billion in aid granted to state, local, territorial and tribal governments under the American Rescue Plan Act.

"Throughout America's vaccination efforts, we have seen that financial incentives serve as a motivating factor for some people to get vaccinated," the White House said on Thursday.
 
READ ALSO: Biden: 'You're not going to get Covid if you have these vaccinations'

The Biden administration also confirmed Pres. Joe Biden will require all federal government employees and onsite contractors to provide proof of vaccination or take weekly PCR tests.

"After months and months of cases going down, we're seeing a spike in COVID cases. Why? Because of this new form, this new variant called the delta variant," Biden said on Thursday.

The United States Postal Service has declined to comply with Biden's vaccine mandate.

The American Postal Workers Union that represents over 200,000 U.S. Postal Service employees, released a statement Wednesday declaring it's not the federal government's job to force vaccines on Americans.

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Jeff Bezos is giving $100 million to CNN contributor Van Jones. Bezos made the announcement during a press conference following his 11-minute space flight on Tuesday.

Bezos also gave $100 million to Chef José Andrés, founder of World Central Kitchen, a non-profit that provides free meals during natural disasters.

"They can give all to their own charity or they can share their wealth. It's all up to them," Bezos said.

Jones and Chef Andrés Bezos are recipients of Bezos' Courage and Civility Award.

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An emotional Van Jones thanked the Amazon founder for betting on him.

"Lauren and Jeff don't do nothing small, man, they don't do anything small, they just don't do it. They dream big, they love big, and they bet big. And you bet on me, and I appreciate it," Jones said at the news conference on Tuesday.

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Bezos made headlines on Tuesday when he and three others flew into space on his unmanned Blue Origin spacecraft.

The phallus-shaped spacecraft launched at 9:12 a.m., as millions watched around the world.

Although the spacecraft never entered earth's orbit, the capsule landed in a Texas desert just 11 minutes later.
 

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Accountant Jason Thornton reacted to controversial "Financial Strategist" Marcus Barney allegedly teaching people how to commit bank fraud.

Barney, who calls himself "him500" on social media, teaches his 285,000 Instagram followers how to become recession proof by following his insider advice.

Thornton breaks down him500's latest video in which him500 teaches people how to obtain $100,000 in cash from Navy Federal by twisting the truth a little bit.

Him500 claims all you have to do is go into Navy Federal with the vin number of a car valued at the loan amount you're applying for. Navy Federal will cut you a check for $100,000 within 24 hours, according to him500.

Since you never intended to buy the car, you won't have the title to present to the bank within 90 days.

Him500 claims the bank will simply convert the car loan into a personal loan and you keep the cash.

Thornton says him500 is teaching bank fraud and anyone who follows his advice will end up in federal prison.

Him500 responded to Thornton's criticism on Instagram.

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Megan Thee Stallion is giving away $1 million worth of stock to teach fans how to "build your own empire" with her new "Investing for Hotties" initiative.

The voluptuous rapper's fans helped her to build wealth and now she wants to return the favor.

She wrote:

"Me and my thriving empire, Hot Girl Enterprises, have teamed up with Cash App to teach you everything I learned on the way up about money and how you can build your own empire.

"Buying stocks isn't only for the big players. Anyone can start with as little as $1. Putting in a little money and seeing how it moves is a great way to learn about the stock market and start building up a portfolio."

Fans who hope to win stocks can comment on her latest Instagram post with "$cashtag" for a chance to win the stocks.

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The "WAP" hitmaker, who was named one of the 100 most influential people in the world by Time magazine last year, urged investors to start small, adding, "With Cash App, you can buy and sell small pieces of stock called fractional shares, and ease your way in nice and slow.

"Buying stocks seems complicated, but really it's a pretty simple process. The more you educate yourself the more equipped you'll be to navigate investing. With my knowledge and your hustle, you'll have your own empire in no time."

 

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DMX left an estate worth less than $50,000 when he died on April 9. He did not have a will or life insurance.

The rapper's 15 children will share whatever is left over from his estate after the lawyers and creditors take their cut.

The hip-hop star's platinum records sold more than 74 million copies, but his estate will likely be worth less than $50,000, according to court papers.

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DMX, real name Earl Simmons, didn't leave behind enough money to care for his 15 children -- some of whom are still minors.

The first challenges to DMX's estate came from DMX's adult daughters Sasha Simmons and Jada Oden, and his sons Xavier, Tacoma and Sean Simmons.

The women estimate DMX's estate is worth $50,000, while his sons put the value of the estate at less than $1 million.

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Both groups of children are seeking to become administrators of their late father's estate, the NY Daily News reports.

A source familiar with the estate told the News that the estate's value could increase dramatically in the coming years thanks to the popularity of his catalog, with rap classics like "Party Up (In Here)," "Slippin'" and "Get At Me Dog."

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The IRS and the U.S. Department of Treasury announced the first monthly payments of up to $300 will go out on July 15 to 88% of children in the U.S.

The expanded Child Tax Credit payments are part of the Biden administration's foray into Universal Basic Income, a poverty-fighting measure.

The payments will be made on the 15th of each month to families who qualify -- about 39% of the population.

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President Joe Biden's Treasury Department announced Monday it will start sending monthly child tax credits to 39 million families on July 15. Couples earning $150,000 or less qualify for the expanded benefits under the $1.9 trillion American Rescue Plan, which was signed by Biden in March.

They will receive a payment of up to $300 per month for each child under 6 and up to $250 per month for children between the ages of 6 and 17. Annual benefits for parents could reach upwards of $3,000 per kid depending on their age. Source

The payments will be made via checks and direct deposit every month, starting on July 15. The Biden administration hopes the benefits will lift 65 million American children out of poverty.

The Biden administration has asked Congress to increase the Child Tax Credit payments through 2025.

Correction: An earlier version of this post stated children would receive up to $3,600 in monthly stimulus payments. The actual amount is $300 in monthly payments.

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Georgia Gov. Brian Kemp says the state will end federal unemployment payments of $300 a week beginning in June.

Kemp said the $300 weekly federal subsidies discourage the jobless from finding gainful employment. He added that the payments are "hurting our productivity not only in Georgia, but around the country."

Congress approved the extra payments in a $2 trillion stimulus package in early 2020. The federal subsidies will end in mid-to-late Jun. Federal law allows states to opt out of the program as early as June 12.

Kemp made his decision after hearing from small business owners seeking an end to the payments.

The organizations said the extra $300 weekly -- added to state benefits of up to $365 a week -- discouraged people from seeking employment.

People who should be working jobs to help stimulate the local economy are instead jetting off to exotic destinations and brawling in airports.

"This is an issue I'm getting pounded on every day by our small business owners and many Georgians," Kemp said, adding: "They need some help."

Meanwhile, employers such as McDonald's are forced to pay $50 for applicants to sit for an interview.

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The Ohio Lottery is giving 5 lucky people $1 million each in one lump sum -- but there's a catch.

In order to increase the state's lagging vaccination rate, Ohio is giving 5 people $1 million each in return for getting vaccinated as part of a weekly lottery program.

While some states offer sports tickets and other perks to get the vaccine, Ohio is the first state to offer $1 million as part of a vaccination program.

The legality of the vaccination campaign is raising questions, since the state plans to use federal coronavirus relief funds to pay the Ohio Lottery to conduct the weekly drawings.

The first of five weekly drawings will be held on May 26, according to Ohio Gov. Mike DeWine, a Republican.

"I know that some may say, 'DeWine, you're crazy!'" he tweeted on Wednesday. "'This million-dollar drawing idea of yours is a waste of money.' But truly, the real waste at this point in the pandemic — when the vaccine is readily available to anyone who wants it — is a life lost to COVID-19."

The reaction on social media was mixed. Some people say $1 million is better than the perks offered by other states to take the experimental mRNA vaccines.

Representative Jim Jordan, Republican of Ohio, criticized the $1 million giveaway on Wednesday.

"We've gone from 15 days to slow the spread to $1 million if you get the #COVID19 vaccine. Give me a break," Jordan tweeted.

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Russell and Ciara Wilson provided students in West Seattle with sound financial advice and cash to help break the cycle of poverty.

The A-list couple surprised students at the Denny International Middle School via a virtual visit. They talked to the students about financial literacy and building wealth.

They also donated $40 seed money ($36,000) to 900 students so each student can open their own bank account.

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Russell, 32, and Ciara, 35, taught the students about investing and compounding interest in their savings accounts. The children were told they can't touch the funds in their bank accounts until they turn 18 years old.

"All these things can pay back tremendously if you invest in them in the right way," Ciara said. "Investing is very powerful, and it will also allow you to create an opportunity to build legacy for your family."

The virtual event was arranged in partnership with the NFL Player's Association and Goalsetter, the New York-based financial technology company.