Month: April 2021

As financial literacy advocates push for more personal finance education in schools, students are also joining the cause. Only 21 states require personal finance coursework to graduate high school, with just a handful mandating a stand-alone class, according to the Council for Economic Education. Yet research shows that those who have some financial education typically
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By Leslie Hunter-Gadsden, Next Avenue Amid the backdrop of dual pandemics (Covid-19 and structural racism), America’s racial, economic and age disparities have raised the urgency of organizations to address diversity, equity and inclusion (DEI). The Derek Chauvin trial and ongoing police violence make attention to DEI particularly critical. So, Next Avenue spoke to the four largest
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Telecommunications giants Comcast CMCSA and Verizon VZ are the latest to sue Maryland over its first-in-the-nation digital advertising tax as the state moved to delay implementation of the controversial legislation this week. In a complaint filed Thursday, seven divisions of Comcast, along with Verizon Media Inc., asked the court to declare the tax illegal under
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In this article QS QuantumScape could pursue legal action after coming under assault in a scathing report released by activist short-seller Scorpion Capital. “We’re absolutely going to look at that,” Jagdeep Singh, chief executive of QuantumScape, said when CNBC’s Jim Cramer asked if the company would consider filing suit against the firm. “Some of the
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There’s a significant risk catching economist Stephen Roach’s attention, and it has nothing to do with earnings season. Roach, one of the world’s leading authorities on Asia, is concerned U.S.-China relations could erode further in the coming weeks. “There are a lot of balls in the air right now that are very worrisome,” the former Morgan
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At the end of March, the White House announced the “American Jobs Plan,” a $2 trillion spending plan which includes a combination of one-time infrastructure spending such as mass transit expansion and water system lead-pipe replacement, and ongoing spending such as electric vehicle purchase rebates and job training programs. As characterized at CNBC, it would
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             The Biden administration has put forward its infrastructure proposals and is now seeking to garner bipartisan support. One area that has bipartisan support (and very much needs reform) is the tax incentives for charitable giving. Reform of the tax incentives for charitable giving has a two-fold benefit: getting charitable dollars into the hands of working charities that
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Mother Nature – a.k.a. necessity – is the mother of housing invention. Or it had better be. Every wildfire, super-convective storm, seismic spasm, tidal surge, polar vortex bomb cyclone, tornado, months-long drought, inch of coastal erosion – there were 22 events whose destructive toll eclipsed $1 billion and took 262 lives in 2020, according to
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Betterment launched a new savings option in 2019. Source: Betterment Trading apps aren’t the only ones benefiting from the rise of meme stocks. Betterment, a digital investment advisor, said it saw record growth in the first quarter of 2021. Despite offering so-called passive investing and not allowing clients to hand-pick stocks, Betterment’s CEO, Sarah Kirshbaum
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New Orleans Saints safety and two-time Super Bowl champion Malcolm Jenkins says despite making more than $70 million in salary and bonuses throughout his 12-year NFL career, he’s pretty thrifty. “I’m usually a frugal person,” Jenkins tells CNBC Make It. “I don’t blow my money too much. I’m probably more of a saver.” Jenkins, 33,
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By Richard Eisenberg, Next Avenue The pandemic’s layoffs, furloughs and volatile incomes make it easy to understand why one in five boomers are delaying retirement due to the financial insecurity of Covid-19, according to a MetLife MET survey. But how do you explain this? Another survey, by the Hearts and Wallets financial services research firm,
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