Why is the stock market soaring? Another 778,000 Americans filed initial jobless claims. In 1992, Soros shorted the British pound and reportedly made a profit of $1 billion. America Counts: Stories Behind the Numbers We feature stories on various topics such as families, housing, employment, business, education, the economy, emergency management, and population. An ancient piece of common wisdom says the poor get poorer and the rich get richer (in fact it’s as ancient as the Bible).). Close Share of Online Retail Sales Soaring. 11 The abrupt switch to remote learning wiped out academic gains for many students in America, and widened racial and economic gaps. We’ve all experienced this in small ways in our daily lives in the form of bank fees if our account falls below a certain minimum amount, or in the higher interest rates we pay on a loan given the fact that we don’t have a yacht to put up as collateral. Latest US news, world news, sports, business, opinion, analysis and reviews from the Guardian, the world's leading liberal voice Quick Facts. When Gibson’s parents died, their estate plan was fully implemented — and they left behind a tremendous financial legacy thanks to WaterStone. “My parents had set up sub-accounts for all of my children that were fully-funded annually, and my kids had the opportunity to manage for the Kingdom where the money would go,” Gibson said. Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. In 2016, the U.S. Department of Education released an analysis which showed that over the course of three decades—from 1979 to 2013—state and local spending on … America is failing its young Black boys. Of special education teachers leave the profession. 12.3 percent. In metropolitan ghettos, rural villages and midsized townships across the country, schools have become holding tanks for populations of Black boys who have a statistically higher probability of walking the corridors of prison than the halls of college. Catching up in the fall won’t be easy. Children Left Behind in Ukraine. Our recent report found that 44 percent of American workers, a whopping 53 million people, earn low wages. In the regions most affected by immigration, nearly one-quarter of all children are raised by one parent. There are about 200,000 children left behind in Ukraine, according to the Ministry of Family, Youth, and Sport. These workers’ median hourly wage is … Indeed, students who received personal finance education by trained teachers had "high financial literacy" on par with the literacy levels of Generation X (ages 35 to 49) and higher than that of older Millennials (ages 18 to 34) (Champlain College's Center for Financial Literacy, 2015). 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