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The pandemic has brought on a shortage of toilet paper, cleaning supplies and disinfectants. Now there's a new shortfall in the form of currency.The coin supply has been disrupted, forcing the Federal Reserve to step in.Like everything else in our lives, COVID-19 got in the way. This time it’s affecting the currency supply by causing fewer coins.Now, the U.S Mint is trying to keep up with the demand.Jim Gaherity of Coinstar, which has 22,000 kiosks around the world, says this is a call to action.“What’s happened during the pandemic is businesses have been shut down without access to buy your daily coffee, afternoon sandwich, which most purchases of small items is done by cash,” Gaherity said. “In the US, the ability of the consumer to recirculate that coin back into the retail, which then goes back into the bank, slowed down significantly.”The 29-year-old company is mainly featured in grocery stores and banks. People come in with loose change and get a voucher for folding money, or these days, you can load your Starbucks and Amazon account, donate to charity, or buy bitcoin. Gaherity says, believe it or not, most of those coins are now stuck in people's homes.“The vast majority of coins is (sic) recirculated through typical use of consumer,” Gaherity said. “They’re either taking it and buying things from store. which goes into till which then goes back into the banking system into inventories, or they’re going to aggregators like Coinstar.”The way money is funneled through our country is like a big cycle. The mint produces a new coin and it goes through the federal reserve bank, which then takes orders from banks and distributes it.“What banks do is look historically in terms of retail orders that they’re getting,” Gaherity said. “Retail is getting coin and currency from their local bank and they know historically what that volume typically looks like so they place their orders in advance to fulfill the need from retail.”Businesses and consumers help move it around too.“Coinstar recirculates more coins every year in the US by 3.5 times what the US mint produces,” Gaherity said.Those Coinstar kiosk bins weigh about 700 pounds when collected. That's a lot of pennies, nickels, dimes and quarters. Trucks pick it up and swap it out.“That coin goes on the truck and into a processing center,” Gaherity said. “It’s places like Loomis and Brinks where we deliver that coin. They take those bins and fine count every single piece and distribute into denominational bins so all the pennies, nickels, dimes, all get segregated. Once that’s all done and count is complete, it goes back into the local bank.”Coinstar is doing extra pickups to help recirculate as much as they can. There's just not enough out there because people aren't putting it back into the system.Asked if coins are, like toilet paper once was, the next thing that people are hoarding. Gaherity said, “That’s the question we’re trying to answer. We work with the Mint and Federal Reserve to try and understand better are banks hoarding it right now? Are they keeping it for themselves for their customer calls to start again? If you think about a bank that services Walmart, they want to have enough coin in their inventory to deliver to Walmart for their registers. They don’t want to disappoint Walmart. Nobody wants to disappoint their retailers.”Banks are the largest recycler of coins. They, like the rest of us, are watching, waiting, to be able to resume normal routines. When we asked what's next, Gaherity said, “That is the question of the day. How do we get the right supply to meet the demand that’s out there? What we’re asking Americans is come out and do your normal transactions, go to a Coinstar, go to a bank and make despots so we can see recirculated coin fill the pipeline enough for the demand we have.”The good news he says, is that the European Coinstar Operations are back online and normal. 3923
The Pac-12 has set Sept. 26 as the start of its 10-game conference-only football schedule. The Pac-12 announced three weeks ago it would eliminate nonconference games for its 12 member schools.. The new plan adds an additional cross-divisional game to each team’s slate and moves the conference championship game back two weeks to Dec. 18 or 19. That game was set to be played for the first time at the new NFL stadium in Las Vegas. It will now be hosted by the highest-seeded team.“From the onset of the COVID-19 crisis, we have been committed to prioritizing the health and safety of our student-athletes and all those connected to our athletic programs,” said Pac-12 Commissioner Larry Scott. “The schedule and plans approved today and path to return to competition are subject to public health orders and will be taken in accordance with the health and well-being guidelines developed by our Pac-12 Medical Advisory Committee. The schedule and return to play plans provide for maximum flexibility and the best opportunity to play all fall sports in an environment that prioritizes safety. At the same time, we will continue to evaluate the best available science, data and advice of public health officials as we make decisions and any required adjustments going forward.” 1284

The man accused of killing 17 people at Marjory Stoneman Douglas High School in Parkland, Florida earlier this year reportedly attacked a detention officer inside a Florida jail Wednesday morning.WTVJ-TV in Miami spoke to the Broward County Sheriff's office in Miami, who confirmed that Nikolas Cruz attacked an injured a detention officer at the Broward County Jail Wednesday morning. The condition of the injured officer is unknown.Cruz is the suspected shooter in the Feb. 14 shooting at Marjory Stoneman Douglas High School in Parkland, where 17 students and teachers were killed. Cruz was charged with 34 counts of premeditated murder and attempted murder in March and is currently awaiting trial.More on this as it develops. 779
The products and services mentioned below were selected independent of sales and advertising. However, Don't Waste Your Money may receive a small commission from the purchase of any products or services through an affiliate link to the retailer's website.Now that the holidays are over, you might find yourself feeling as though there’s not much to look forward to lately. Perhaps it’s time to plan a little getaway. If you travel to your destination via Amtrak and bring a friend or loved one, you might nab an excellent deal. 535
The new romaine lettuce recall is causing many to change up their Thanksgiving Day menus.A popular vegan restaurant and catering company, Pianta, is one place affected by the recall.“We use romaine every day,” says restaurant owner Michael Moon. “We use about two to three cases of romaine every week, so it's pretty significant.”The restaurant has thrown out all of its romaine lettuce.“Essentially, we're just throwing away money,” Moon says.However, Pianta’s owner says it’s only a small cost to pay for the safety of his customers.“We don't want to be associated with some sort of outbreak here as a plant-based restaurant. It's scary.”Until further notice, the Centers for Disease Control and Prevention (CDC) is warning everyone to throw out any and all romaine lettuce. That includes prewashed bag lettuce, as well as any other foods stored with it or touching it.Health officials also to clean out your refrigerator and counter.Moon says the recall is scary, because this is just the latest recall impacting his vegan, plant-based restaurant.“We've seen this with spinach; we've seen it with romaine; we've seen it with kale,” Moon says. “So, for someone like us, it's sort of the bedrock of what we're doing here, so it's obviously a big concern.The CDC is trying to find the source of the E. coli outbreak, which so far has sent dozens of people to the hospital, both in the United States and Canada. 1418
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