Private financial services platform Acorns is making it a little easier for parents to invest in their children’s financial futures by saving early and often. “Everyone should be doing as proactive a job as possible, and thoughtfully approaching early financial literacy and education,” Kennedy Reynolds, the Chief Education Officer at Acorns, told Yahoo Finance (video above). “There’s no such thing as too early when it comes to this.” The Acorns Early program allows parents to set aside… Source link

Amid widespread vaccine rollout and the recent full FDA authorization of the Pfizer (PFE) COVID-19 vaccine, many employers are now debating whether to mandate vaccinations among their employees and whether to financially deter unvaccinated individuals. Delta Air Lines (DAL), for example, recently announced that it will begin implementing a $200 monthly surcharge for all unvaccinated employees beginning Nov. 1. “The average hospital stay for COVID-19 has cost Delta $50,000 per person,” CEO Ed… Source link

Cathie Wood picked up some shares of Zoom (ZM) this week after an earnings related meltdown.  For the founder, CEO and CIO of Ark Invest, the $56 million purchase was a no brainer given the importance of Zoom to the future of communication.  “We think there is a transformation taking place in the communication sector. Many people think of Zoom as nothing more than these video sessions. But it’s becoming much more than that. We think it’s going to, with the Zoom phone, take over the PBX… Source link

Apple and Google used to be friends. More than friends in fact. Former Google CEO Eric Schmidt used to be on Apple’s board and even appeared on stage at the launch of the iPhone in 2007. If you are an Apple fan, you probably already know this, and you know that today, Google and Apple are fierce rivals. One of the biggest areas of contention is the Google Android ecosystem, which late Apple CEO Steve Jobs claimed had ripped off the iPhone entirely, and caused the initial rift… Source link

TAMPA, FLORIDA – FEBRUARY 07: Patrick Mahomes #15 of the Kansas City Chiefs wears a facemask while preparing for the start of Super Bowl LV against the Tampa Bay Buccaneers at Raymond James Stadium on February 07, 2021 in Tampa, Florida. (Photo by Patrick Smith/Getty Images) What will this fall bring? It was supposed to be a time when we returned to near normal, but clearly that won’t be the case. Yes, colleges and universities are open, so too are sporting events, movies, Broadway, and some… Source link

WASHINGTON, Sept 3 (Reuters) – Google has temporarily locked down an unspecified number of Afghan government email accounts, according to a person familiar with the matter, as fears grow over the digital paper trail left by former officials and their international partners. In the weeks since the Taliban’s swift takeover of Afghanistan from a U.S.-backed government, reports have highlighted how biometric and Afghan payroll databases might be exploited by the new rulers to hunt their enemies.

A board member at VF Corporation reportedly calls Black Lives Matter “the true racists” in leaked emails. Brian van der Brug / Los Angeles Times via Getty Images A board member at VF Corporation reportedly called Black Lives Matter “the true racists.” “I don’t believe in Black Lives Matter,” Veronica Wu reportedly said in emails obtained by Axios. VF Corp is home to brands like Supreme, Vans, Timberland, Dickies, and The North Face. See more stories on Insider’s business page. A Silicon Valley… Source link

Widely followed investor Cathie Wood remains a holder of Robinhood (HOOD) even as the threat of a clampdown on payment for order flow by regulators looms as a key risk.  The founder, CEO and CIO of Ark Invest said in an exclusive interview on Yahoo Finance Live that Robinhood is currently a 1% holding for her firm.  Wood sent the market for Robinhood’s stock into a tizzy in early August after she revealed purchases of the trading platform’s stock after a disappointing IPO in late July…. Source link

President Biden now has his very own pandemic: The one driven by the Delta variant of the coronavirus. Hiring retreated in August, largely because the highly contagious Delta strain is now ravaging parts of the country with tenacity rivaling the original coronavirus outbreak last year. Employers created just 235,000 new jobs in August, barely one-third of what economists were expecting. The average for the three prior months was 876,000 new jobs per month. Job growth in August was the slowest… Source link

Cathie Wood is pouring millions into these China tech stocks — time to follow? It’s been a whiplash 2021 for Chinese tech stocks. The Nasdaq Golden Dragon China Index, which tracks 98 of the biggest Chinese companies listed in the U.S., hit a record high of 20,688 on Feb. 12. But the index has been walloped since then on concerns that China’s tech sector could soon be facing greater scrutiny and tighter regulations at the hands of the Chinese government. Cathie Wood, founder of Ark… Source link