Financial Literacy/Advocacy

• It is always nice to start off with a Financial Literacy win. Go Nebraska! (News Channel Nebraska) 
• Business, sports and entertainment leaders are jumping on the Financial Literacy Bandwagon by joining the “Financial Literacy For All” movement. (PRNewswire) 

Economics

• Jobs report June 2021 was good news! June saw the largest increase in jobs since last August. For a summary, read CNBC. If you want the details, go to the BLS.
• Housing prices jumped 14.6% over last year, the largest increase in thirty years. Yahoo Finance
• Here is a very interesting read on why interest rates have not been climbing. (A Wealth of Common Sense)
• The fed at its best--taking sides and debating an issue. (NYT)
• Slate explains the reasons for optimism about the economy.

Cryptocurrencies

• Here is a new acronym for you: CBDC (Central Bank Digital Currencies). Check out this interview with a St. Louis Fed economist to learn more about it.
• Time to short bitcoin? Survey shows investors believe it will drop below $30,000 by year end. (CNBC)
• Social media creates financial manias. To counter the crypto mania, enter the “Buttcoin” Reddit group. (Forbes)

Investing

• Facebook hit $1 trillion market cap this week. (CNBC)
• I feel like Robinhood may need its own category! Robinhood fined the largest-ever penalty by FINRA. (CNN) They turned around and then filed for an IPO. (CNN2)
• Speaking of IPOs, DNUT (Krispy Kreme) raises $500 million. (Yahoo Finance)

Managing Credit

• What happens to someone’s debt and credit after they die? This is useful information? (Equifax)

Career

• Now student athletes can make money off of their personal brand. Why should the schools be the only ones to make money off of their talent? (Sports Illustrated)

Taxes

• 130 countries have agreed to the US Global Minimum Tax, potentially halting multinationals’ hunt for the lowest tax nation for their next HQ. (NYT)
• What is going on at the IRS? Michele Singletary of the Washington Post breaks it down.

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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