NFL Star, Intuit, Teaches Inglewood High Students About Money
June 29, 2023
Intuit recently partnered with the Suh Family Foundation to host a financial literacy assembly for the students of Inglewood high school.
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Finance
How to Exercise Good Financial Health
May 18, 2023
With spring in full bloom – now is a perfect time to start a fresh a foundation for a healthy financial future. Good financial health is the foundation on which strong and resilient households, communities and economies are built, but the reality is, many struggle to manage their financial daily lives.
Kayvon Thibodeaux Brings Financial Literacy Workshop to Dorsey High School
May 18, 2023
Kayvon Thibodeaux, a first-round draft pick of the New York Giants in 2022, has partnered with Chase Bank to provide a financial literacy workshop for the students at Dorsey High School.
New Study Reveals Woeful Lack of Diversity Across News Beats
April 27, 2023
A new Pew study looks at diversity across news beats in the US. The data comes from a 2022 survey of 12,000 journalists and finds that, like the newsrooms they work in, an overwhelming majority of the reporters covering major beats in the country are white and male.
Five tax tips for older adults
April 13, 2023
More than half of older taxpayers are worried they’ll have to pay more taxes this year because of the 5.9% Social Security cost-of-living adjustment in 2022. (Courtesy photo)
IS YOUR MONEY SAFE IN THE BANK?
March 16, 2023
On Friday, March 10, federal banking regulators shut down Silicon Valley Bank, or SVB, making it the second largest bank failure in U.S. history. Many individuals and businesses found themselves wondering what all this meant and should they go down to their local bank and immediately withdraw all of their money.
Inequality Last Year Grew, But Child Poverty Dropped
September 15, 2022
Income inequality in the U.S. increased last year for the first time in more than a decade, but childhood poverty was cut almost in half due to expansion of the federal government’s child tax credit and stimulus payments made in response to the COVID-19 pandemic, according to new survey results released Tuesday, Sept. 13, by the U.S. Census Bureau.
Newsom Appoints Joe Stephenshaw as Director of Finance
July 14, 2022
Gov. Gavin Newsom has appointed Joe Stephenshaw as Director of the California Department of Finance (DOF), filling the position held by Keely Martin Bosler since 2018.
Communities do not trust institutions. This is how we’re regaining it.
April 1, 2022
Americans have lost trust in the ability of large institutions like the federal government, national media, and large companies – even big banks – to understand or care about their needs. This view is justified, particularly among communities of color and low-income households. Simply put, our country has done a bad job of looking out for and creating opportunity for everyone. We need to better understand the unique needs of communities across the United States and show up, listen, and make the right investments and decisions to regain trust. Impact is most effective and sustainable when it’s local. Here in
WNBA Gets Capital Raise to Help Grow League
February 24, 2022
The WNBA has earned a $75 million capital raise to help further promote the league. The capital raise will be invested in digital innovations, player marketing, and player programming.
Your 2021 Taxes: 7 Things the IRS Wants You to Know
February 9, 2022
During the virtual meeting, IRS Commissioner Charles Rettig and Ken Corbin, Wage and Investment Division Commissioner and Chief Taxpayer Experience Officer at the IRS, stressed the importance of filing via the internet and making sure all information submitted is accurate. That way, they said, taxpayers can avoid delays and seamlessly receive their returns into their bank accounts by direct deposit.
Caltech Among Universities Sued Over Financial Aid Formula
January 13, 2022
Caltech is among 16 universities being sued for alleged violations of antitrust laws by colluding to unfairly reduce the amount of financial aid awarded to students, it was announced today.
Restaurants Want Farmers Insurance to Pay for Coronavirus Business Losses
January 13, 2022
Several restaurants in Orange and San Diego counties and a Los Angeles County company that sells wine-related products are suing Farmers Insurance, alleging the company breached contracts by refusing to compensate them for losses incurred when business was curtailed during the coronavirus.
Lecrae, Rapper With San Diego Ties, Shares Wealth Building Ideas
December 30, 2021
Grammy Award-winning Christian Hip-Hop hop artist Lecrae is on a mission to increase financial literacy among African Americans. Growing up in a “marginalized” community in San Diego, Lecrae says he was exposed to incredible wealth and opportunity when he visited communities along the Pacific coastline or neighborhoods nestled in the hills overlooking the city. But life was different in his predominantly Black neighborhood. Less possibility. Much more poverty. “You begin to wonder ‘how do I acquire that?’ How do you change the narrative?” Lecrae told California Black Media. “Returning to a community that faced marginalization, brutality and the effects of
California Goes on Offensive as Omicron Variant Threat Grows
December 9, 2021
Three days after Thanksgiving, Gov. Gavin Newsom went online to address the new COVID-19 Omicron variant, a version of the virus with at least 50 mutations, according to the World Health Organization. 26 of those mutations have never been detected before, scientists say. “California is monitoring the new variant,” Newsom tweeted. “We will continue to be guided by data and science. Right now, the best way we know to protect yourself is to get vaccinated and get your booster. Go today. Don’t wait.” The variant was first identified by a South African scientist and has since surfaced in several other Southern