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U.S. Financial Health Pulse Finds Only 29% of People Living in the U.S. Financially Healthy
The Financial Health Network, the nation’s authority on financial health, in partnership with Flourish, MetLife Foundation, and AARP, today released the U.S. Financial Health Pulse 2019 Trends Report. Now in its second year, this year-over-year analysis of peoples’ financial health found that despite a strong economy, only 29% of people in the U.S. are financially healthy. As signs of a looming economic downturn increase, this indicates that the majority of Americans are still unprepared for short or long-term financial shocks.
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- Finance
- Region
- North America
- Tags
- financial health
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My High-Profile Social Enterprise Shut Down, but It Wasn’t a Total Failure
Inspired by Broad Street Ministry‘s work on behalf of our fellow Philadelphians who are the most vulnerable, our local comfort food chain, Federal Donuts, set out to shine a light on the idea that hospitality is a fundamental human need.
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- Social Enterprise
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- North America
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- failure
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Sallie Krawcheck’s Ellevest Launches Women-Focused Impact Investment Platform
Krawcheck, who previously served as CEO of Merrill Lynch Wealth Management, Smith Barney and chief financial officer of banking giant Citigroup, said cutting-edge financial technology tools and the heightened awareness of socially conscious investors make it possible to offer clients choices on such a granular level.
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- Investing
- Region
- North America
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Mercy Corps CEO Neal Keny-Guyer to Resign Amid Turmoil Following Sex Abuse Allegations Against Co-Founder
His abrupt departure is a stunning development for Mercy Corps and is the result of intense pressure from Mercy Corps employees who are furious over the organization’s handling of Tania Culver Humphrey’s sexual abuse allegations in the 1990s and again last year.
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- North America
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Bit by Bit, Socially Conscious Investors Are Influencing 401(k)’s
So-called E.S.G. funds still make up a small fraction of these workplace retirement plans, but they are gaining ground. The broad category of sustainable and responsible investing grew 38 percent in the United States from 2016 to the start of 2018, to $12 trillion in assets under management, according to the US SIF Foundation.
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- Investing
- Region
- North America
- Tags
- impact investing
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Press Release: Bank of the West Invests $2 Million into Expanded Partnership with Grameen America
Once open, Grameen America's goal is to serve 500 women in its first year, disbursing $727,000 in microloans to low-income female entrepreneurs in Fresno. By year five, Grameen America aims to serve 7,000 women and cumulatively disburse $21 million in loans.
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- Finance
- Region
- North America
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JPMorgan Commits $25M For Altruistic FinTech Services
“This new philanthropic investment follows a $30 million collaboration between the Financial Health Network and JPMorgan Chase over the past five years to identify and develop tools that help people in the U.S. improve their financial health,” JPMorgan Chase said.
- Categories
- Finance
- Region
- North America
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