New IRS guidance will allow older couples in the United States to contribute more than $10,000 to tax-free health savings accounts (HSA) next year.
May 22, 2023
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More than 10 million people in the United States are living with bipolar disorder, according to the National Alliance on Mental Illness (NAMI).
May 16, 2023
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In a disappointing finding, a new report shows that suicide rates in America are on the upswing again after a momentary, and minute, decline.
Apr 13, 2023
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As the fine-dining chef at a suburban high school gave samples of his newest recipes, junior Anahi Nava Flores critiqued a baguette sandwich with Toscano salami, organic Monterey Jack, arugula and a scratch-made basil spread: ...
Jan 24, 2023
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Having a "dry January," or giving up alcohol for the first month of the year, is a trend.
Jan 8, 2023
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Pakistani authorities launched a new nationwide anti-polio drive on Monday amid a spike in new cases among children, health officials said. It is the sixth such campaign this year and will last for five days, aiming to inoculate ...
Nov 28, 2022
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The winner, or winners, of the Nobel Prize in physiology or medicine will be announced Monday at the Karolinska Institute in Stockholm, Sweden.
Oct 3, 2022
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The U.S. will declare a public health emergency to bolster the federal response to the monkeypoxoutbreak that has infected more than 6,600 Americans, two people familiar with the matter said Thursday.
Aug 4, 2022
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Financial pressures may have made this a year when some families can't afford pricy extras, such as after-school activities or summer camp.
Aug 3, 2022
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Imagine having to choose over and over between what you enjoy doing and the pain that it might cause you, whether physical or emotional. If you live with conditions such as depression, anxiety, or chronic pain, you are probably ...
Jul 20, 2022
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Money is anything that is generally accepted as payment for goods and services and repayment of debts. The main functions of money are distinguished as: a medium of exchange, a unit of account, a store of value, and occasionally, a standard of deferred payment.
Nearly all contemporary money systems at the national level are fiat money systems. Fiat money is without value as a physical commodity, and derives its value by being declared by a government to be legal tender; that is, it must be accepted as a form of payment within the national boundaries of the country, for "all debts, public and private". By law, the refusal of a legal tender (offering) extinguishes the debt in the same way acceptance does. Some bullion coins such as the Australian Gold Nugget and American Eagle are legal tender, however, they trade based on the market price of the metal content as a commodity, rather than their legal tender face value (which is usually only a small fraction of their bullion value).
The money supply of a country is usually held to consist of currency (banknotes and coins) and 'deposit money' (the balance held in checking accounts and savings accounts). These demand deposits usually account for a much larger part of the money supply than currency. Deposit money is intangible and exists only in the form of various bank records. Despite being intangible, deposit money still performs the basic functions of money, as checks are generally accepted as a form of payment and as a means of transferring ownership of deposit money.
More generally, the term "price system" is sometimes used to refer to methods using commodity valuation or money accounting systems.
This text uses material from Wikipedia, licensed under CC BY-SA
