The Vatican has a long history of excluding women from leadership roles. This time, it's about deacons. After years of discussion, a group of experts said no to women becoming deacons. This is a big deal because deacons are like junior ministers. They can preach and perform some sacraments, but they
Private equity firms have a unique way of making money. They buy companies, improve them, and sell them for a profit. If they buy a company for $2 billion and sell it for $3 billion, they earn a big bonus. This bonus is called a "carry. " It's usually 20% of the profit, which in this case would be $
Boston is facing a heated debate as the school district considers shutting down three schools. The plan has ignited strong emotions among parents, teachers, and students, who are fighting to keep these schools open. The schools at risk are The Community Academy of Science and Health, Another Course
A financial expert recently shared his thoughts on the Giving Pledge. He pointed out that it was born out of fear during the 2008 financial crisis. Wealthy individuals wanted to avoid public anger. But, he argues, the Giving Pledge hasn't made much progress. He believes a new idea, called Trump Acc
People's health habits change as they age. But why do some folks stick to good habits while others don't? It turns out, money plays a big role. A recent study looked at how people's lifestyles change over time in the US, UK, and China. The focus was on middle-aged and older adults. The study found t
Kraken, a major crypto exchange, just bought Backed Finance. This company makes xStocks, which turns regular stocks into digital tokens. Kraken wants to make these tokenized stocks even more popular. They plan to add xStocks to their global money app. This will make it easier for people to buy, sel
Atlanta's schools show a stark contrast. Midtown High School and Booker T. Washington High School are both in Atlanta, but they're worlds apart. Midtown has fewer students living in poverty and more advanced classes. Booker T. Washington has more students in need and fewer resources. This isn't jus
Big ranchers are making huge profits, but who's really footing the bill? It's not just the ranchers. The government is giving them a massive discount to graze their cattle on public lands. This discount is so big that it's like paying only 15% of what they would on private land. And guess who pays f
The Sony a7 V is here, and it's packed with updates. It's been a while since the last model, the a7 IV, and Sony has been busy. They've added a new sensor, a faster processor, and better autofocus. The camera is designed for enthusiasts, but it's got some high-end features too. The design is simila
In a move that could reshape the financial future of millions of American kids, Michael and Susan Dell have made a massive donation. They're giving $6. 25 billion to help set up investment accounts for children under 10. This isn't just any donation—it's one of the largest private commitments ever m
