Money Talks

Open Topic November! What's in the News:

If you haven’t received the first and so far only Economic Impact payment:

November 21 at 3 p.m. ET Deadline to Request Your Economic Impact Payment

If you did not:

• file a 2019 federal tax return,
• get an Economic Impact Payment,
• register for an Economic Impact Payment already.
• If that is you then, use Non-Filers: Enter Payment Info by November 21 to register for your payment.
• Social Security, Railroad Retirement and Department of Veteran Affairs benefit recipients who already received a $1,200 payment now have until November 21 to register for a payment for their spouse or qualifying child.

You will receive an additional $500 Payment for each qualifying child you claimed on your tax return being used to calculate your Payment. Here's the criteria you should consider:

• Relationship to the individual who is eligible for the Payment: The child is the son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of any of them (for example, grandchild, niece, or nephew).
• Child's age: The child was under age 17 at the end of the taxable year.
• Dependent of the individual who's eligible for the Payment: The child is claimed as a dependent on the 2018 or 2019 tax return or entered on the Non-Filers: Enter Payment Info Here tool.
• Child's citizenship: The child is a U.S. citizen, U.S. national, or U.S. resident alien.
• Child's Residency: Child must have lived with the individual eligible for the Payment for more than half the tax year.
• Support for Child: Child must not provide over half of own support for the tax year.
• Child's taxpayer identification number: The child has a valid work eligible Social Security number or an Adoption Taxpayer Identification Number (ATIN) that was issued before July 15, 2020.

https://www.irs.gov/coronavirus/economic-impact-payment-information-center

For Election Day, you can get:

• A free glazed doughnut at Krispy Kreme along with a special voting sticker while supplies last Tuesday.
• Planet Fitness is offering a way to work off the stress of the election with a free workout and massage Tuesday through Nov. 8.
• Uber and Lyft also are offering discounted rides to the polls.
• DoorDash: The on-demand delivery app will have free delivery on all orders with a $15 minimum placed on Election Day with promo code VOTE
• Starting Tuesday and through Nov. 9, McDonald's is giving away its new pastry items with the purchase of a hot or iced coffee through its app.
• Get free delivery Tuesday on Grubhub orders over $25.
• Shake Shack: Poll workers get a free sandwich including the Shackburger and the Chick’n Shack from Sunday through Election Day with proof of badge.

https://www.usatoday.com/story/money/food/2020/11/03/voters-freebies-poll-workers-deals-election-day-2020/6090281002/

We discussed buying coconut mild picked by monkeys. https://www.usatoday.com/story/money/food/2020/10/28/coconut-milk-chaokoh-monkey-labor-peta-costco-walgreens/5918418002/

According to an article on CNN:

The S&P 500 fell 0.04% between July 31 and October 31. That means the market forecasts -- by a hair -- that Joe Biden will win, according to CFRA Research's Presidential Predictor.

The stock market has a fairly reliable track record: Since World War II, when the S&P 500 fell in the three months leading up to the November vote during a presidential election year, the incumbent president or party of the outgoing president has lost the election 88% of the time.

https://www.cnn.com/2020/11/01/investing/stock-market-joe-biden-donald-trump-election/index.html

The Governor’s Job Fair, a division of The Mississippi Department of Employment Security has some job fairs coming up.

• 2020 I-59 Drive-Thru Job Fair Begins:9:00 am until 3pm on November 5, 2020 at Magnolia Center Fairgrounds Parking Lot, 1459 Ellisville Blvd, Laurel, MS https://www.jobfairs.ms.gov/node/58
• 2020 Mississippi Drive-Thru Job Fair Begins:9:00 am until 3pm on November 10, 2020 at Trustmark Park Parking Lot, 1 Braves Blvd, Pearl, Mississippi https://www.jobfairs.ms.gov/node/60  
• 2020 Gulf Coast Drive-Thru Job Fair Begins:9:00 am until 3pm on November 12, 2020 at Edgewater Mall Parking Lot, 2600 Beach Blvd, Biloxi, Mississippi   https://www.jobfairs.ms.gov/node/59

• The Madison County Economic Development Authority has announced UPS will be building a new $28.6 million distribution facility in Ridgeland starting in early 2021 and is expected to bring more than 160 new jobs to the area with an average annual salary of $57,000. Those interested in applying for a position at the new facility can visit www.upsjobs.com.
• Amazon is prepping for another facility in Mississippi, this time in Madison County. The development marks the fourth investment by the company in Mississippi in just over two years. In July, Amazon announced hiring more than 500 new, full-time positions at its fulfillment center in Olive Branch, MS. Interested candidates applied online at www.amazon.com/missjobs The full-time jobs started at $15 an hour with comprehensive benefits starting on day one.
• Home furniture maker Fusion Furniture has announced a new manufacturing plant in Mississippi. Between 150 and 180 new jobs will added. Production was to begin yesterday. Starting pay for experienced woodworkers and upholsters will be $21 an hour and all positions come up with benefits. 

https://www.clarionledger.com/story/business/2020/10/29/ups-build-28-6-million-facility-ridgeland-create-160-jobs/6071327002/

https://www.localmemphis.com/article/money/business/amazon-to-hire-500-full-time-workers-in-olive-branch-mississippi/522-ef9dcf55-4c88-4d2c-a05b-636bd2849ab4

https://www.woodworkingnetwork.com/news/woodworking-industry-news/fusion-furniture-adds-200000-sq-ft-facility-150-jobs