Reading List for July 2-4
- It is always nice to start off with a Financial Literacy win. Go Nebraska! (News Channel Nebraska)
- Business, sports and entertainment leaders are jumping on the Financial Literacy Bandwagon by joining the “Financial Literacy For All” movement. (PRNewswire)
- Jobs report June 2021 was good news! June saw the largest increase in jobs since last August. For a summary, read CNBC. If you want the details, go to the BLS.
- Housing prices jumped 14.6% over last year, the largest increase in thirty years. Yahoo Finance
- Here is a very interesting read on why interest rates have not been climbing. (A Wealth of Common Sense)
- The fed at its best--taking sides and debating an issue. (NYT)
- Slate explains the reasons for optimism about the economy.
- Here is a new acronym for you: CBDC (Central Bank Digital Currencies). Check out this interview with a St. Louis Fed economist to learn more about it.
- Time to short bitcoin? Survey shows investors believe it will drop below $30,000 by year end. (CNBC)
- Social media creates financial manias. To counter the crypto mania, enter the “Buttcoin” Reddit group. (Forbes)
- Facebook hit $1 trillion market cap this week. (CNBC)
- I feel like Robinhood may need its own category! Robinhood fined the largest-ever penalty by FINRA. (CNN) They turned around and then filed for an IPO. (CNN2)
- Speaking of IPOs, DNUT (Krispy Kreme) raises $500 million. (Yahoo Finance)
- What happens to someone’s debt and credit after they die? This is useful information? (Equifax)
- Now student athletes can make money off of their personal brand. Why should the schools be the only ones to make money off of their talent? (Sports Illustrated)
- 130 countries have agreed to the US Global Minimum Tax, potentially halting multinationals’ hunt for the lowest tax nation for their next HQ. (NYT)
- What is going on at the IRS? Michele Singletary of the Washington Post breaks it down.