SoFi is committed to fighting racism, standing in solidarity with all of our communities, providing space for open dialogue,
as well as taking action as informed allies. We are donating $1 million to organizations that empower people of color and their allies.
Figuring out what to do with your life: It’s the conundrum that keeps on going. Even if you’re among those who graduated and knew exactly what they wanted to do right out of college or grad school, you’re probably still plagued with some lingering questions around how to translate your passions into your career, how to take your career to the next level, and whether you should stick to the career you chose in your 20’s for the rest of your life.
That’s where Accelerate comes in. As SoFi’s first-ever career retreat for upwardly mobile professionals, we’re looking to help those that want more out of their work life.Read more
SoFi Co-founder and CEO Mike Cagney sent the following note to employees today:
TO: SoFi team
SUBJECT: Litigation and our culture
Team — SoFi is based on the values of speed, transparency and alignment. To that end, I have some thoughts to share with you related to the two lawsuits filed earlier this month.Read more
Good Data, Bad Geopolitics, and Exchange Rates
Asset prices remained relatively flat over the past month, caught between the push of positive economic data on equities and the pull of geopolitical tensions. While North Korea’s nuclear threats sent equities and interest rates down, we see these events subsiding without major implications for global markets. In determining where the markets will go over the next few months, it’s important to take a look at the interaction between economic data, central bank policy, exchange rates, and equity prices.
In recent posts, we’ve talked about the difficult situation currently facing central bankers. Their mandates essentially require them to begin raising interest rates just when the market’s starting to take off in order to curb inflation. It’s like the host taking away the punch bowl just when the party’s really getting started.Read more
These days, you can insure almost anything. Did you know, for example, that Julia Roberts has insurance for her teeth, and James Bond himself (AKA Daniel Craig) insures his entire body? While you probably don’t need to insure any of your body parts for millions of dollars, you might find yourself wondering when you should buy life insurance, or whether renter’s insurance is really necessary. (Or maybe you have great teeth and want to know what kind of coverage Julia Roberts has.)Read more