Trading Risk: The North Korea Summit

Trading Risk: The North Korea Summit

The Situation   For the past several weeks, a proposed summit between President Trump and North Korean leader Kim Jong Un seems to have been whimsically planned, cancelled, and re-planned. However, most recent developments suggest that the summit is confirmed and will go ahead as planned on June 12.   The North Korea summit saga, like other recent political issues such as tariff disputes, has […]

Continue Reading

What Happened This Week 4/13/2018

What Happened This Week 4/13/2018

Facebook Takes the Stand Over the past couple of weeks, Facebook (FB), the world’s largest social media network, has weathered one of the highest-profile corporate scandals in recent memory. Facebook has come under fire for releasing data on 50 million of its users to Cambridge Analytica, a political consulting and data mining firm that worked for the Trump campaign. In response to public backlash over […]

Continue Reading

What Happened This Week 3/23/2018

What Happened This Week 3/23/2018

Facebook Scandalytica Social media giant Facebook (FB) has been embroiled in a crippling data scandal that has seen the stock drop over 15% from its peak and lose over $50 billion in market value this week. Facebook is under fire for giving data on 50 million of its users to Cambridge Analytica, a political consulting and data mining firm that worked for the Trump campaign. […]

Continue Reading

What Happened This Week 3/16/2018

What Happened This Week 3/16/2018

McMaster Disaster This week, in yet another shake-up to the upper echelons of the White House cabinet, Trump has announced plans to fire National Security Adviser H.R. McMaster. Trump has described McMaster as, “too rigid” and his security briefings as, “too long and seem irrelevant.” This comes the same week Trump fired his top diplomat, Secretary of State Rex Tillerson.   Zuma to Stand Trial […]

Continue Reading

What Happened This Week 3/09/2018

What Happened This Week 3/09/2018

Labor Market Strong The US economy added 313,000 new jobs in the month of February, the most since mid-2016. Employment gains were robust and sectors previously thought to be under pressure, such as trucking and factory jobs, showed resilience. Markets had heretofore been cautious after Fed chairman Jerome Powell hinted at an earlier than expected rate rise, but strong labor numbers have sent stocks and […]

Continue Reading

Rapunzl Founder Speaks at Young Chicago Saves

Rapunzl Founder Speaks at Young Chicago Saves

First off, I just want to thank all of the schools that gave their students the opportunity to attend YCS this past Wednesday. We had an incredible time presenting to kids from all around Chicago and hey, I got to go on stage and talk to everyone!   So What is YCS?   For those who don’t know, YCS stands for Young Chicago Saves, an […]

Continue Reading

What Happened This Week 3/02/2018

What Happened This Week 3/02/2018

Trump. Trade. Tariffs. After announcing his plan to impose harsh tariffs on steel and aluminum entering the US, President Trump has received heavy criticism from his own party while drawing unlikely praise from some Democrats, who have upheld it as a step toward protecting American manufacturers from unfair trade practices carried out by Chinese steel companies. Republicans, who have long been the party of free […]

Continue Reading

8 Facts You Need to Know About Guns

8 Facts You Need to Know About Guns

Guns are as American as apple pie. But unlike pie, they kill hundreds of innocent American children every year. When it comes to a subject that carries such morbidity and seriousness, being informed is essential. So this Thursday, instead of spotlighting an industry, we’re using our financial fluency tools to spotlight what matters when it comes to guns: the facts.   Most gun owners support […]

Continue Reading

Evaluating Betsy DeVos’ Education Plan

Evaluating Betsy DeVos’ Education Plan

President Trump’s new Secretary of Education, Betsy DeVos, has recently outlined her plan to solve our country’s educational issues which range from student choice problems to ballooning student loan debts. If DeVos’ plan is adopted across the board, it will drastically change what the future of our country’s education system looks like. But does her plan truly solve our country’s complex educational problems? Let’s use […]

Continue Reading

What Happened This Week 2/23/2018

What Happened This Week 2/23/2018

Gates Pleads Guilty Rick Gates, former campaign adviser to Donald Trump, will enter a guilty plea in special counsel Robert Mueller’s investigation. Gates purportedly lied about a meeting regarding Ukraine in 2013, which was attended by a member of Congress and Paul Manafort, Trump’s former campaign chairman. The investigation, which shows no signs of slowing down, has implicated multiple high-level officials in the Trump administration. […]

Continue Reading