Each K-8 intern will learn the value of working for and saving a dollar in the Xposure Science, Technology, Finance and Employment After-School Institute.
Interns must save at least 50% of their weekly earnings/stipend in a custodial savings account they open (under the guidance of a parent) and maintain at a local bank. Interns take regular trips to the bank to deposit earnings and sharpen their financial skills.
Interns also learn about and begin investing a portion of their earnings into their very own custodial investment stock portfolio!! Many of the K-8 interns already own shares of companies like McDonald's, NIKE, APPLE, GOOGLE, etc.
Executive Director and Founder Raymond L. Thomas Jr. states, "Financial literacy is a must in all communities for all children if we are to break the shackles of just being consumers. Children must be empowered to own companies, manufacture goods and begin saving and investing for their futures. Children with the help of forward thinking adults must take charge of their destiny."
Over 1000 Custodial Savings Opened
Over 500 Custodial Investment Accounts Opened
- CNN - CNNMoney Markets
- CNN - Sivy On Stocks
- Forbes - E-Business
- Forbes - Enterpreneurs Finance
- Forbes - Investing Ideas
- Forbes - Managing
- Forbes - Market News
- Forbes - Personal Finance Education
- Reuters - Business News
- Reuters - Lifestyle Money
- Yahoo! Finance - Accident & Health Insurance
- Yahoo! Finance - Asset Management
- Yahoo! Finance - Credit Services
- Yahoo! Finance - Diversified Investments
- Yahoo! Finance - Foreign Money Center Banks
- Yahoo! Finance - Foreign Regional Banks
- Yahoo! Finance - Foreign Regional Banks
- Yahoo! Finance - Insurance Brokers
- Yahoo! Finance - Investment Brokerage - National
- Yahoo! Finance - Investment Brokerage - Regional
- Yahoo! Finance - Life Insurance
- Yahoo! Finance - Money Center Banks
- Yahoo! Finance - Mortgage Investment
- Yahoo! Finance - Property & Casualty Insurance
- Yahoo! Finance - Property Management
- Yahoo! Finance - US Market
Reuters: Business News
Asian share markets started the week on a cautious footing on Monday after weak economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the impact of international trade frictions on business and profits.
U.S. oil prices edged up on Monday amid a fall in drilling activity in the United States, but lingering concerns about weaker economic growth in major economies kept a lid on gains.
Canadian diplomats received consular access on Sunday to the second of two men detained by China over the past week, Canada's foreign ministry said in a statement that gave few details.
Uber Technologies Inc welcomed on Monday the British government's response to a review into workplace rights, which looks set to preserve the business models of gig economy companies, but unions rubbished the business ministry's plans.
EQT Corp's board of directors will ask to meet Toby and Derek Rice for talks, people familiar with the matter said on Sunday, after the two brothers threatened the largest producer of natural gas in the United States with a board challenge.
Mexican state-run oil giant Petroleos Mexicanos will focus on existing shallow water assets and refining next year at the expense of riskier, deepwater projects under a new government that has vowed to turn around the ailing company.
Renault requested a full Nissan shareholder meeting, a source close to the company said - appearing to escalate the carmaker's standoff with its Japanese alliance partner in the wake of the pay scandal engulfing Chairman and CEO Carlos Ghosn.
A number of institutional investors in ExxonMobil Corp have said they will file a shareholder resolution which calls on the world's largest oil company to set targets for lowering its greenhouse gas emissions.
Recent sharp selloffs across global financial markets are probably the first of many, as investors adjust to a world of tighter monetary conditions and the threat of economic downturn, the Bank of International Settlements said on Sunday.
Regulators should scrutinize clearing houses and banks together to spot financial stability threats from the world's multi-trillion dollar derivatives market, the Bank for International Settlements said on Sunday.
Germany's economy minister said he believed the Russian-backed Nord Stream 2 pipeline can go ahead while preserving Ukraine's vital interests, but that Berlin is also in talks to diversify its energy supply with liquefied natural gas.
The French government is considering backing Michelin chief executive Jean-Dominique Senard for the chairmanship of Renault , replacing embattled CEO Carlos Ghosn, Le Figaro reported on Sunday, citing several sources.
In June 2006, the U.S. Federal Reserve raised interest rates for a 17th consecutive time but cushioned the increase with a strong signal that officials were ready to stop the tightening cycle.
Renault SA has sent a letter to its alliance partner Nissan Motor Co Ltd , urging the Japanese carmaker to call a meeting of its shareholders "as promptly as practicable", the Wall Street Journal reported on Sunday.
Qatar is considering increasing its stake in Deutsche Bank , newspaper Handelsblatt reported on Sunday.
Investors are eager for a touch of Christmas cheer from the U.S. Federal Reserve next week, hoping for signs the central bank may ease up on interest rate hikes next year and spark a Santa Claus rally.
A Glencore PLC-controlled mining company and some of its current and former executives have agreed to pay more than $22 million to settle Canadian allegations they hid the risks of doing business with an Israeli man close to Congolese President Joseph Kabila, the Wall Street Journal reported on Sunday.
Whatever the acronym, when the U.S. Federal Reserve dropped its policy rate to near zero on Dec. 16, 2008, to counter a full-scale economic crisis, it ushered in what the central bank's chairman at the time, Ben Bernanke, called "the end of the old regime."
Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years, its chief executive told Reuters, after the Gulf Arab state unexpectedly quit OPEC this month.
Indonesia on Sunday signed an economic agreement with the European Free Trade Association (EFTA) aimed at increasing trade and investment, concluding almost eight years of negotiations.