Category: Finance

What prison life will look like for Theranos founder Elizabeth Holmes [Video]

Thermos founder Elizabeth Holmes is expected to begin serving her 11-year sentence at 2 pm today inside a minimum-security, female-only federal prison camp in Bryan, Texas. What will her new life look like?

Days start early at FPC Bryan, which is located about 100 miles northwest of Holmes’ hometown of Houston.

Holmes, 39, has to wake up by 6 am and then report to work after she has breakfast, which starts at 6:30 am. Her attire most days will be a combination of khaki shirts and pants. Pay rates for her work will range from $0.12 to $1.15 per hour.

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Planning to live a long, healthy life? How to make your money last

Ted Rechtshaffen: Combining your financial and health picture along with general life expectancy data gets you a good part of the way there

Published May 29, 2023 • Last updated 23 hours ago • 5 minute read

Older people snorkel
Nobody knows how long they will live. But, there is general data available on how many years toward the end of your life will be spent suffering from ill health. That can help you plan how to make your last money and get the most out of it while you still feel good. Photo by GETTY IMAGES
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Ottawa picks three managers for a $400-million social finance fund

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Karina Gould, Minister of Families, Children and Social Development, is set to announce financing for social enterprises, non-profits, charities and co‑operatives that focus on solving specific societal problems and have experienced experienced difficulty accessing capital through conventional channels.Adrian Wyld/The Canadian Press

Ottawa has chosen three investment groups to manage a new $400-million fund aimed at expanding the country’s social finance market and attracting more private-sector capital to invest alongside.

Karina Gould, Minister of Families, Children and Social Development, is announcing on Monday that the managers will offer financing to social enterprises, non-profits, charities and

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The Dementia/Fructose Link | Diabetic Mediterranean Diet

May 28, 2023 12:59 PM

MRI scan of brain

Colorado researchers theorize that fructose metabolism may be the driving force behind Alzheimer’s Disease pathology. Diets high in sugar and high glycemic index carbohydrates would exacerbate the problem. Salt may also play a role. Fructose is a simple sugar (a monosaccharide) typically found in fruit, honey, and some vegetables. Table sugar is sucrose, a combination of fructose and a glucose molecule. High-fructose corn syrup (HFCS) is added to many processed foods as a bulk sweetener. From the article linked above:

An ancient human foraging instinct, fueled by fructose production in the

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Montgomery County schools consider a financial literacy graduation requirement

The Montgomery County school board is considering requiring a financial literacy course to graduate, joining a growing number of school systems intent on providing students with skills to make better money decisions later in life.

The school system currently offers lessons in elective courses including personal finance and financial mathematics.

In Maryland, there is no statewide financial literacy graduation requirement, but the state has required since 2011 that school systems introduce some method of financial literacy instruction to third- to 12th-graders — whether it is embedded in a math class or other course, or as

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MPs call for climate-focused rules for Canada’s big banks

A cross-party group of federal lawmakers is backing a call for climate-focused rules on how Canada’s banks, insurers and pension funds invest their money.

“We have to do more,” said Ryan Turnbull, the Liberal MP leading a new push to bring the financial system in line with the commitment Canada has made to reduce its carbon emissions and keep global warming below 1.5 degrees.

Turnbull held a joint news conference on Thursday, along with MPs from the NDP, Green and Bloc Québécois parties, to highlight a private member’s motion he made earlier this month calling for the government to use

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GOLDSTEIN: Finance Minister Chrystia Freeland’s politics of the absurd

Published May 17, 2023 • Last updated May 17, 2023 • 3 minute read

Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to the media after presenting the federal budget on Parliament Hill in Ottawa, March 28, 2023.
Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to the media after presenting the federal budget on Parliament Hill in Ottawa, March 28, 2023. Photo by Blair Gable /REUTERS

It was the $43.9-billion question Finance Minister Chrystia Freeland refused to answer.

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‘ESG’ in US finance job titles comes with a 20% pay premium

By Isla Binnie

NEW YORK (Reuters) – US-based bankers and money managers whose job titles include “ESG” or “sustainability” earn on average around 20% higher base salaries than colleagues of the same seniority without those labels, according to analysis of salary data shared with Reuters.

More than $30 trillion in capital has been committed to environmental, social and corporate governance-related investments as the world looks to curb greenhouse gas emissions and companies face pressure on issues such as workplace diversity and social justice.

This has sparked a scramble to find bankers and asset managers for these roles, leading to higher

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