Investing

• By Wednesday, NASDAQ was in correction territory. (CNBC) Here is the latest market roundup from Yahoo Finance.
• Microsoft plans to acquire Activision for almost $70B. (CNN) 
• Black Rock CEO Larry Fink predict the next big start-ups will be tech companies devoted to helping the environment/climate. (CNBC)
• Goldman Sachs pundits see oil prices over $100/barrel. (Reuters)
• Funding of tech startups keeps rising. Will this apparent “bubble” ever burst? (NYT-subscription may be required.)
• Is the stock market in “correction” territory now? Here is some historical perspective from A Wealth of Common Sense.

CryptoCurrency

• Crypto exchanges are a new favorite among hackers. Crypto.com reveals hundreds of its accounts were hacked. (The Verge)
• Bitcoin is not immune during this general market downturn. (Yahoo Finance)

Economics

• Read/listen to CNBC interpret the jump in unemployment claims last week and the Philly Fed manufacturing Index.
• CNBC summarized the Federal Reserve report released this week evaluating the issuance of a central bank digital currency. The report contains no conclusions, but does have 22 points open for public comment. (Here is the 40-page report, and here is the form to comment—in case you are interested in digging deeper.)

Budgeting

• Bankrate.com issued the results of its annual survey of Americans’ ability to handle a $1000 emergency. (Still around 4 out of 10, but higher than last year.)
• Bankrate.com also summarized the BLS Consumer Expenditure Survey results (2020 data.)
• I know this from personal experience: new car prices are way higher! (Car and Driver)

Higher Ed

• The number of students enrolling in college dropped again. (NPR)

Entrepreneurship

• Find an unmet need (dog walking in Manhattan), fill it like a pro, and you too can make big money. (The Hustle)

Philanthropy

• Read about the top givers this year. Warren Buffett has pledged to give away 99% of his wealth, and MacKenzie Scott has given away more in two years than her ex in his lifetime. (Forbes-limited free articles per month)

About the Author

Beth Tallman

Beth Tallman entered the working world armed with an MBA in finance and thoroughly enjoyed her first career working in manufacturing and telecommunications, including a stint overseas. She took advantage of an involuntary separation to try teaching high school math, something she had always dreamed of doing. When fate stepped in once again, Beth jumped on the opportunity to combine her passion for numbers, money, and education to develop curriculum and teach personal finance at Oberlin College. Beth now spends her time writing on personal finance and financial education, conducts student workshops, and develops finance curricula and educational content. She is also the Treasurer of Ohio Jump$tart Coalition for Personal Financial Literacy.

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