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Financial literacy is en vogue these days, with states like Florida becoming one of the most recent and largest states to mandate personal finance courses for high schoolers. It’s likely a good thing, too, as nearly every worker in the U.S. is stressed out about money , and a possible recession is looming . advertisement advertisement Yet, even after some financial belt-tightening and evidently learning to live with less during the pandemic, many Americans may be less equipped to deal with their finances than a year ago, according to data from the BrightPlan 2022 Wellness Barometer Survey, which polled 1,500 knowledge workers in the U.S. A particularly worrisome finding? Only 13% of workers were able to answer at least four out of the five following financial literacy questions correctly: You should pay off credit cards each month. Funds are taken from a debit card immediately. 15-year mortgages require higher monthly payments that … [Read more...] about Most people can’t answer all 5 of these basic financial literacy questions. Can you?

GoFirst, the budget airline previously known as GoAir, is looking to expand overseas operations after its Rs 3,600 crore initial public offering is completed, people close to the company told Moneycontrol. The airline plans to start flying to Nepal, Sri Lanka, Malaysia, Cambodia and Vietnam and also increase flights to countries in West Asia, they said. The budget airline plans to launch its delayed IPO in the second quarter of this financial year. Morgan Stanley, Citibank and ICICI Securities are the merchant bankers for the IPO. The company plans to raise 75 percent of the funds through qualified institutional placement, the people said. GoFirst plans to use Rs 2,200 crore raised from the IPO to reduce debt and repay lessors. The remaining Rs 1,600 crore will be deployed to increase operations in India and internationally. “GoFirst has trained its pilots to fly to Kathmandu and will first look at launching flights to Kathmandu and Colombo,” one person said. The airline … [Read more...] about GoFirst to expand international operations with IPO proceeds: Sources

Share to Twitter Share to Linkedin There’s a growing movement among small hotel companies to band together with like-minded independent hotels and offer deals directly to travelers. Among them is The Curator Hotel & Resort Collection , which includes Davidson Hospitality Group, Noble House Hotels & Resorts, Sage Hospitality Group, Springboard Hospitality and Viceroy Hotels & Resorts. Officially launched in November 2020 with 31 independent hotels and resorts, they have since expanded to nearly 90 properties. I caught up with Jennifer Barnwell, President of Curator Hotel & Resort Collection, to get her views on what this new collection means for travelers. Everett Potter: How does a traveler use the Curator Hotel & Resort Collection when they’re planning a getaway? Simply search and click? Jennifer Barnwell: At Curator, we like to think of ourselves as a matchmaker of sorts for travelers seeking one-of-a-kind travel experiences. … [Read more...] about Curator Gives A Fresh Twist To Independent Hotels

Share to Twitter Share to Linkedin Jason Lee , the media maverick behind Hollywood Unlocked, has had an unique career path. Lee, an LGBTQA+ media personality, author, entrepreneur, and CEO of Hollywood Unlocked (HU) — a leading urban entertainment company — is well-known for his controversial opinions on the entertainment industry. In order to turn over a fresh leaf, Lee has decided to reinvent himself and redefine what he genuinely represents. Lee first appeared on the media landscape in the early 2010s, after leveraging contacts with celebrities and social media influencers to launch the successful online media company Hollywood Unlocked, which spawned the television and radio show Hollywood Unlocked with Jason Lee in 2015. The 44-year-old from Stockton, California, was always spilling tea, although in a different role, before starting his media company. Lee worked for SEIU United Healthcare Workers in California, where he was one of the few black … [Read more...] about Hollywood’s Cultural Critic Jason Lee Dispels Cancel Culture

- A + A KUALA LUMPUR (May 24): KLCCP Stapled Group reported a net profit of RM161.44 million for the first quarter ended March 31, 2022 (1QFY22), up 10.48% from RM146.12 million in the same quarter last year, amid a rebound in business activities. The group, comprising KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (KLCC REIT), saw revenue grow 13.93% to RM321.71 million from RM282.37 million. The group declared a dividend of eight sen per stapled security, 14.3% higher than the year-ago quarter's seven sen payout. In a statement, KLCCP Stapled said it registered an improved year-on-year performance across all business segments, particularly retail and hotel, due to the relaxation of Covid-19 containment measures. Its retail segment's profit before tax (PBT) rose 36% to RM79.6 million on the back of a 23% rise in revenue, primarily contributed by higher rent revenues, advertising income, and percentage rents in fashion, and food and … [Read more...] about KLCCP Stapled declares eight sen dividend as 1Q profit strengthens

- A + A NEW DELHI (May 24): India is considering cutting an import levy on soybean and sunflower oils, another step in a series of measures the country has taken to cool surging local prices of food. The government is deliberating whether to reduce the agriculture infrastructure and development cess, which is currently 5%, or abolish it, according to a person familiar with the matter. A final decision may be taken this week, said the person, who asked not to be identified as the information is private. A finance ministry spokesperson was not immediately available to comment. The extra levy is used by the government to collect funds for farm infrastructure projects. Curbing the tax could be one of the limited options available for the government to reduce surging vegetable oil prices in the world's second most-populous nation. India has already scrapped base import levies on most cooking oils, including palm oil and soybean oil, and imposed inventory limits to … [Read more...] about India considers tax cut on soybean and sunflower oil to cool prices

Share to Twitter Share to Linkedin Rashad Bilal , a financial advisor, and Troy Millings , an educator, have quickly become the cultural kings of financial literacy. The dynamic duo from the Bronx is on a quest to provide access to financial knowledge that the Black community can use to effect real change. They saw a scarcity of information in the financial literacy field when it came to the Black community and began the famed podcast Earn You Leisure (EYL) in January 2019. With just an iPhone, shotgun mics, and the knowledge they held, the cultural shifters had a vision that led them to a level of popularity that piqued the interest of high-profile celebrities such as Steve Harvey, Nick Cannon, Jemele Hill, and many more. Rashad and Troy have since become the go-to resource for financial literacy in the Black community. They sat down with For(bes) The Culture to talk about how they developed their podcast and secured their television deal with … [Read more...] about Meet Rashad And Troy, The Financial Powerhouses Of REVOLT’s Assets Over Liabilities

Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras -- the second in two months -- after the company refused to sell fuels at a discount to consumers warning it would l ead to diesel shortages . Bolsonaro also called for the election of a new board, according to a statement released close to midnight local time on Monday by the state-controlled company, opening the way to a full executive management shake-up. José Mauro Ferreira Coelho is the third Petrobras CEO fired by Bolsonaro over fuel prices. The president, who is seeking re-election in October but lagging in polls, says Petrobras should use its profits to reduce fuel prices and help control inflation. Bolsonaro, who also fired an energy minister earlier this year, appointed Caio Mario Paes de Andrade to replace Coelho. The government controls Petroleo Brasileiro, as the firm is formally known, with a majority of the voting shares, even if private … [Read more...] about Bolsonaro fires Petrobras CEO who warned of diesel crisis

Share to Twitter Share to Linkedin It is important to first acknowledge the words of scholar and activist Angela Davis. In her book Freedom is a Constant Struggle , Davis wrote “the call for public conversations on race and racism is also a call to develop a vocabulary that permits us to have insightful conversations. If we attempt to use historically obsolete vocabularies, our consciousness of racism will remain shallow.” For the sake of this article, the term white supremacy will be used throughout the piece because it is the term with the greatest amount of familiarity. It should, however, be noted that some have urged us to move away from the term white supremacy because it implies that the group of people that are racialized as white are “superior” to other racialized groups. Some alternatives to the term white supremacy that have been suggested include the terms white perversion and white insecurity . In the future, the term white supremacy will … [Read more...] about 4 Ways White Supremacy Harms Humanity

PUTRAJAYA: The Federal Government has channeled a financial allocation of RM20.5mil to imams, ‘bilal’ (announcer of calls to prayer), ‘siak’ (mosque caretaker), ‘takmir’ (religious knowledge) teachers and Al-Quran and Fardu Ain (KAFA) Class teachers in the Federal Territory of Kuala Lumpur, Putrajaya and Labuan this year. Minister in the Prime Minister's Department (Religious Affairs) Datuk Idris Ahmad said the group, known as the ‘murabbi ummah’ (nurturers of the ummah) also received a special one-off payment of RM500 which was channelled before Hari Raya Aidilfitri. "The government always appreciates the efforts of the murabbi ummah in disseminating Islamic knowledge and understanding to the community," he told the media after attending the 2022 Federal Territories Murabbi Ummah Conference here on Tuesday (May 24). Idris said the government's contribution of RM232.80 per person for the Self-Employment Social Security Scheme under the Social Security Organisation (Socso) was … [Read more...] about Govt has distributed RM20.5mil to ‘murabbi ummah’ in Federal Territories, says Minister