Cash

Candidates chase cash as July comes to a close

Hard to believe, but it’s the final day of July, meaning presidential candidates and political parties were making their final pitches before the monthly filing period closed, according to CBS News political unit associate producer Sarah Ewall-Wice. In fundraising emails over the past couple of days, the Biden campaign was racing to raise $8 million more to close the month while the Trump campaign said it wanted to see $25 million more in donations before July came to an end.  

This comes after the Biden campaign and Democrats outraised the president and Republicans in the last two monthly filings for May and June. Meanwhile, the Democratic National Committee had its best online fundraising day and its third best online fundraising day ever Thursday. The online cash haul came in the same day that President Trump tweeted about delaying the election and former President Obama spoke at the funeral of John

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Cash and 21 Other Everyday Things Wiped Out by COVID-19

The coronavirus pandemic has radically altered nearly every aspect of everyday life that people once took for granted. Activities and commodities that were standard just a handful of months ago have become scarce, if not impossible to access. Everything from paper money and coins to buffet restaurants and live concerts are becoming dim and distant memories for Americans. It’s quite possible that future generations won’t recognize a handshake or any of these 21 other items that are disappearing rapidly.

Long before COVID-19 battered the globe, e-commerce and the proliferation of payment apps have been replacing cash transactions. According to the Federal Deposit Insurance Corp., cash represented just 30% of all payments in 2017. The fear of handling paper money contaminated with the coronavirus has accelerated the digital marketplace. With so many brick-and-mortar businesses closed, there’s a tremendous decrease in in-person transactions.

“Prior to the COVID-19 epidemic, about one-third of Americans … Read More