Tag: introduction to finance

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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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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‘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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Who wrote the book on personal finance for youth? An 18-year-old from Kingston

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Noah Booth is an 18-year-old Grade 12 student in Kingston who is planning to attend Dalhousie University next year to study science.Handouts

While most of us were online shopping and ordering takeout during the pandemic, high school student Noah Booth wrote a book.

It’s called A Rich Future: Essential Financial Concepts for Youth. Did I lose you there? Clever book-naming may not be Mr. Booth’s strength, but he’s a pro at book-writing. Think of this volume as a definitive answer to a question I get a lot: Can you recommend a personal finance

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Team Adams ordered to cough up nearly $20k in campaign finance-related fines

Major Adams’ inaugural committee got socked Monday with $19,600 in fines for violations it committed immediately before and after his Jan. 1, 2022 swearing in, according to a ruling from the city’s Campaign Finance Board.

At a Monday morning hearing, the board found that Adams’ inauguration team ran afoul of three campaign finance rules that apply to entities that handle transitions and inaugurations.

One of the violations — for failing to respond to the board’s information requests and for providing late responses to requests — carries the largest fine of the three and will cost Adams’ inauguration committee $14,400, according

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Tech stocks holding ‘very, very narrow leadership’ in markets, the expert explains

ETF Think Tank Director of Research Cinthia Murphy joins Yahoo Finance Live to discuss the state of the market, the debt ceiling, inflation, tech stocks, AI, and rate cuts.

Video Transcripts

– It’s been a choppy month for markets, between the Fed decision and the debt ceiling showdown. Investors are showing, though, signs of what our next guest says is, quote, “tep bullishness.” Joining us now is ETF Think Tank Director of Research Cinthia Murphy for this ETF Report brought to you by Invesco QQQ.

So let’s get right into this, Cinthia. Tell us about the leadership. Where is the

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Are banks the new meme stocks?

Amateur trader Matt Kohrs said he lost nearly $30,000 betting on the recovery of First Republic, a bank seized by regulators last Monday. Burnt by the trade, the 28-year-old decided it made more sense to bet that regional lenders would decline.

He took short positions in PacWest (PACW), Western Alliance (WAL), Zions (ZION) and SPDR S&P Regional Banking ETF (KRE), an exchange-traded fund that tracks the performance of regional banks.

Thus so far his unrealized gains are more than $17,000, according to screenshots of his positions shared with Yahoo Finance on Friday, after investors pushed down the stocks of numerous

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Zambia sent bondholders debt restructuring proposal, the finance ministry says

By Jorgelina do Rosario, Rodrigo Campos

FILE PHOTO: Zambia’s Finance Minister Situmbeko Musokotwane attends the Annual Meetings of the International Monetary Fund and World Bank in Washington, US, October 15, 2022. REUTERS/James Lawler Duggan/File Photo

WASHINGTON/NEW YORK (Reuters) – Zambia last week gave its bondholders a “concrete proposal” for the restructuring of some $3 billion in eurobonds, the ministry of finance and national planning said on Friday.

“We continue to engage actively with our bondholders and proposals are being exchanged,” the ministry told Reuters in a statement.

The proposal “represents our commitment to finding a resolution that is acceptable to

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