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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 Humane Society of the Treasure Coast in Florida takes in plenty of stray cats, many of which are either lost or in need of a loving home."Let me tell you, this is why I love working here," said volunteer program coordinator Sarah Fisher.Two weeks ago, an orange tabby cat showed up at the center."He was just found on the street, he was brought in," she said. "He had fleas, he was skinny."The cat had a microchip and it turned out he'd been missing for a very long."It's amazing," said Fisher. "It's unheard of."That's when Perry Martin -- a retired Fort Pierce K9 officer -- got the call from his veterinarian's office."They said, 'Perry what would you do if we told you that T2 was alive?' And I said, 'I'd probably tell you you're crazy because he died a long long time ago!'"Martin adopted Thomas Jr., also known as T2, back in 2002."He was a stray. Just kind of showed up," he said. "Took him to the vet, gave him his shots and that's when he got his microchip."He had him for a couple of years until the cat escaped during the aftermath of Hurricane Jeanne in 2004."People didn't have air conditioning, so as time went on people left their windows and screens open," he said. "I was staying in Stuart at the time and he slipped out."Martin was fearful that T2 had possibly been hit by a car on a nearby highway."I filed a report with the Humane Society, in case animal control picked him up," he said. "He had a microchip and I thought someone would just call me if they found him."But he never thought it would take 14 years for that to happen."My vet even listed him as deceased," Martin said.When Martin was reunited with T2, it was like seeing a ghost.“As soon as I looked at that face, I knew exactly who he was. A little bit older, kind of like me," he said. "I'm convinced he had to have had somebody bring him into their house. He must have been part of somebody's family and maybe he got out. I just can't see him living wild in the area I figured he would be."The Humane Society said T2's journey shows the importance of micro-chipping and keeping it updated."The microchip wasn't updated and it was an old phone number. We were able to track down the original owner," said Fisher."The national average for cats that get reunited with their owners -- is only two percent. The majority of them, they don't get microchipped. For dogs, it's 20 percent," Fisher added.Martin said he hopes others will think about microchipping their pets and updating their information ahead of hurricane season this year."Just update your information, your alternate information and your vet's information. They'll scan them and hopefully you'll get your pet back. You never know," he said.T2 is now about 18 years old and is weak, but eating well."Since he got home, he's eating, he's drinking, he's moving around," Martin said.Martin now helps train service dogs and recently added a new addition to the household with Sassy, the golden retriever. He said Sassy is gentle with T2, as he lives out the rest of his days with a new friend and an old friend."He had an opportunity to come home, spend time with his family and be on a good note when he passes," Martin said. "Until that day, he'll be spoiled like he was before he left." 3273
The pizza chain Domino’s forked over ,000 to the city of Milwaukee to fill potholes. The move is part of an ad campaign the pizza maker is doing to help remove potholes that can ruin a pizza en route to your home. The Department of Public Works confirmed that they received the money from Domino’s to fill the potholes. 339
The Harford County, Maryland Sheriff's Department is hoping you can help find the people who tried to steal an ATM from a Shell Gas station.The attempted theft happened at 3:34 a.m. on March 16. Two unknown individuals broke into a Shell station in Belcamp, Maryland.Surveillance video shows one suspect wrapping a chain around the ATM. Another suspect is in a vehicle and tries to pull it out of the store using the vehicle. They were unsuccessful. Anyone with information is asked to call Detective Amanda McCormack at 443-567-7091 or you can submit an anonymous tip with Metro Crime Stoppers at 1-866-7LOCKUP. 668
The race for a COVID-19 vaccine appears to be on the horizon. But without large numbers of Americans getting the vaccine, the notion of herd immunity could be a challenge. Some are pondering whether people should be required to get a vaccine.Coronavirus cases are spiking across most of the country. Hospital ICU beds are becoming scarce, and a number of states are warning of potential lockdowns.“If they don’t start to bend this curve, then it is clear that we’re going to have to take more difficult measures and go to a stay-at-home order,” said Illinois Governor JB Pritzker.But there was some good news this week. Pfizer concluded phase three of its vaccine study. The two-shot course they say is 95 percent effective against COVID-19. Earlier in the week, Moderna said its vaccine is 94.5 percent effective.“Based upon the preliminary data that is out there, these vaccines appear to be quite safe and very, very effective at preventing COVID,” said Dr. Tina Tan, a professor of infectious disease at Northwestern University’s Feinberg School of Medicine and a pediatrician at the Ann & Robert H. Lurie Children’s Hospital in Chicago.If green-lit by the FDA, one question that may arise is whether Americans should be mandated to get vaccinated. In August, Dr. Anthony Fauci weighed in.“You don’t want to mandate and try and force anyone to take the vaccine. We’ve never done that,” said Fauci.According to a Pew Research survey in September, about half of U.S. adults (49 percent) said they definitely or probably would not get vaccinated. That was up from 27 percent in May.“I think it's going to be really important to build public trust before we talk about mandating vaccines for adults or even for children,” said Tan.Tan points out that none of the vaccines have been tested in children, and so, school mandated vaccinations could be years away.Still, legal scholars say local vaccine mandates have historically had solid legal precedent for enforcement for more than a century.“The short answer is yes, a vaccine can be mandated under the law,” said Juliet Sorensen, a professor of health and human rights at Northwestern University’s Pritzker School of Law.Sorensen says it’s still a complex question, not just about whether a vaccine can be mandated, but whether it should be.“The Constitution empowers state and local governments to take measures in furtherance of the public health as long as there is a basis in science for doing so,” she explained.And while few are endorsing a vaccination mandate right now, as the death toll climbs without universal mask-wearing and social distancing, it could be up for further debate. 2655