SoFi Blog

Tips and news—
for your financial moves.

sofi wealth, market commentary

Strong Growth and Rising Rates – Week of Oct. 31, 2016

Interest rates continued to rise last week driven largely by an expected increase in inflation. Third quarter GDP data showed faster growth than expected, but a deeper look suggests caution against overestimating the importance of these numbers. Subpar earnings from several large tech companies and renewed uncertainty surrounding the election put pressure on U.S. equities and offset the good economic news. Falling oil prices and a stronger dollar hurt emerging market returns.

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SoFi member spotlight on Elien Becque, founder of RoomZoom

How Elien Blue Becque Made Co-Living a Lot Less Awkward

Name: Elien Blue Becque

Age: 30

Location: New York, New York

Business: RoomZoom

Business Goal: To help young urbanites find roommates they’ll love sharing space with

Alma mater: Graduated in 2008 with a degree in International Relations with a minor in English from Tufts

Student loan debt: $85,000

SoFi Solution: Student loan refinancing

Entrepreneur member since: 2016

Elien Blue Becque is the founder of RoomZoom, a platform that does for co-living what OkCupid and Tinder do for dating. RoomZoom asks members questions about their lifestyle, personal habits, and general conduct, and grinds those answers through an algorithmic scoring system. The scores are then used to pair up compatible people who will make awesome roommates.

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Student Loan Contributions as Employee Benefits

One Key Benefit That Could Revolutionize Your Millennial Recruitment Success

A company’s success is partially driven by how well it anticipates the future. But even a top HR manager clinging to a Magic 8 Ball can’t foresee the next hot job trend. One thing is clear, though: as a generation of baby boomers readies to retire in the next 10 to 15 years, companies must not wait to attract top candidates who will grow into tomorrow’s top leaders.

Unique talent acquisition techniques are key for recruiting today’s sharpest millennial minds. While we don’t know what will entice job seekers in 2025, we do know that today they’re greatly focused on benefits packages.

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sofi wealth, market commentary

Fed Confirms Gradual Increase Plan – Week of Oct. 24, 2016

It was a relatively uneventful week as Fed Chair Janet Yellen and Fed Vice Chair Stanley Fischer continued to reiterate the need for a gradual path of rate hikes. Inflation data came roughly in-line with forecasts, which kept ten-year inflation expectations at their highest level since the end of April. Equity and oil prices were up moderately while the euro depreciated against both the dollar and yen.

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