Rapper Jay-Z and his mother, Gloria Carter, have been working through their Shawn Carter Foundation to support Black communities for years. Now, they're focusing on financial literacy for students at Historically Black Colleges and Universities (HBCUs). Partnering with the Wharton School of the Univ
Can you imagine getting ready for your dream job, but feeling like you're missing some key skills? That's where Jay-Z's Shawn Carter Foundation comes in. They've teamed up with the Wharton School of Business and Toyota North America to launch the Champions for Financial Legacy (CFFL). This program a
You've sent your saliva to 23andMe for genetic testing, but what happens if the company runs into trouble? Recently, 23andMe announced they're letting go of 40% of their staff. After their board resigned last year, the company's stock nosedived, raising doubts about its future. CEO Anne Wojcicki say
Breast cancer isn't just a health issue; it can also turn into a financial struggle, especially for young adults aged 18 to 39. Though they make up a small portion of those diagnosed, they're more likely to face money problems. But why do these financial troubles stick around for so long? The answer
When it's time to pick your insurance plans at work, everyone tends to focus on the big stuff like premiums and deductibles. But it's the smaller details that can cause real headaches. For instance, life insurance is usually a no-brainer—a free policy with no premiums? Check! But hold up, there's mo
Home Depot recently announced its third-quarter earnings, showing a solid 6% increase in sales compared to last year. This boost was due to the acquisition of a new business and higher demand for home improvement supplies spurred by better weather and hurricane-related repairs. The company even rais
Tencent Music Entertainment, the biggest digital music company in China, saw its revenue grow by nearly 7% in the third quarter of 2023. This growth was largely thanks to its streaming services, which managed to increase the number of paying subscribers and the average revenue per subscriber. The co
Have you ever wondered how well stock prices and trading volume can be analyzed together? Scientists have come up with a tweaked version of an existing model, called the Barndorff-Nielsen and Shephard stochastic volatility model. Instead of trying to figure out instantaneous variance, which is hard
Binance, one of the world's largest cryptocurrency exchanges, and its former CEO, Changpeng Zhao (CZ), are being sued by FTX for a staggering $1. 8 billion. This legal battle comes after FTX filed a lawsuit claiming that Binance and CZ played a significant role in FTX's collapse last year. The lawsu
Deep learning has made waves in various fields by handling complex data with ease. One such area is financial time-series prediction, specifically predicting stock price volatility. This involves forecasting if the prices will go up, down, or stay stable. Researchers have been digging into this for
