#MoneyMoves

What Happened This Week 6/22/2018

What Happened This Week 6/22/2018

Trump Pulls US Out of UN Human Rights Council On Tuesday, June 19th, the U.S. announced its decision to leave the United Nations Human Rights Council. The Trump administration based this move on the prevalence of discussions about Iran during most UNHRC meetings, which the U.S. found to be harmful to the goal of keeping the peace. The United States demands reforms to be made […]

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What Happened This Week 6/15/2018

What Happened This Week 6/15/2018

Strong Growth is Leading to a More Aggressive Fed Federal Reserve officials have raised interest rates for the second time this year. Although this move was widely expected, the surprise in the report was that the Fed communicated that they expect that they will raise rates two more times in 2018. In the press conference, Fed Chairman Jerome Powell stated that economic growth is strong […]

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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 […]

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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 […]

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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. […]

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Industry Spotlight: Dating Apps

Swipe right if his annual returns are higher than 20%.   Online dating was once viewed as a niche industry, reserved for those introverted souls unable to find love in the real world. But over time, it has grown and stealthily worked its way into our everyday lives. Led by Match.com, Zoosk, and Tinder, the online dating industry is revolutionizing how we define relationships. While […]

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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 […]

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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 […]

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Industry Spotlight: Salmon

Industry Spotlight: Salmon

From the tops of our bagels to the centerpieces of our Friday night dinners, one food has forced its way deep into our diets and is showing no signs of slowing down: salmon. As Americans’ waistlines continue to expand, doctors have pushed for fish (in place of meat), specifically salmon, to make up a greater part of the consumer’s daily diet. For this week’s industry […]

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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 […]

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