09/17/2020

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SoFi Blog

Tips and news—
for your financial moves.

sofi wealth, market commentary

A Closer Look at Employment Data – Week of Oct. 10, 2016

Data this week confirmed that the slowdown in the US economic growth seen in August was a temporary one. Market-derived probabilities of a Fed rate hike by December continued to rise along with a stronger dollar and higher 10-year Treasury yields. Oil continued to climb as U.S. oil inventories fell and the prospects for an OPEC agreement remained intact. The rising price of oil caused emerging markets (many of which export oil) to outperform.

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Motivating career tips from successful SoFi members

16 Career Lessons from Successful SoFi Members

At SoFi, we’re lucky to have an extraordinary group of members who have navigated this whole ‘career thing’ with aplomb. From getting promoted or laid off to changing industries, members have faced whopping challenges—and they have the insights and battle scars to prove it. So we asked a few to share their best career tips based on their personal experiences.

Here’s what they said:

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10 reasons financial wellness is important in workplace

Top 10 Reasons Financial Wellness is Important in the Workplace

Healthy and committed employees are the backbone of any great business. You want your employees to exercise, eat well, and get plenty of sleep to perform optimally. But their financial wellness and the impact that has on their productivity, focus, and overall well-being also affects your company.

Workplace financial wellness programs are growing in popularity due to the many benefits for employees and employers. You might already be offering free food and foosball, but those perks don’t stack up to the support you can provide employees dealing with financial issues. Providing a comprehensive financial wellness program helps alleviate those concerns and strengthens your workforce.

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sofi wealth, market commentary

OPEC Agreement Drives Oil Higher – Week of Sept. 26, 2016

The final week of the quarter was an exciting one. Continued troubles with European banks led to volatile stock markets (more on this next week). Oil prices were sent sharply higher after a productive meeting among member countries of the Organization of Petroleum Exporting Countries (OPEC). Inflation data out of the United States continues to move towards the Fed’s target, but came in at expected levels leading to little change in the 10-year Treasury yield.

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