Top Story
How do you measure unpaid household labor and its importance in the economy?
The Labor Department commissioned a report to find out, and the results are in, with staggering stats like women performing nearly 80% of unpaid household labor. Hereâs why it matters that the government is starting to track it.
US stocks were mixed on Friday but finished higher for the week
• The Dow Jones Industrial Average logged its best week of the year after markets rallied on the Federal Reserveâs policy update and outlook, which included three expected interest rate cuts this year.
• Cannabis stocks rose across the board Friday after Germany legalized possession for personal use.
What to be on the lookout for today
• February new home sales and building permits.
• Weâll also get a manufacturing update for March from the Dallas Fed and an update of overall economic activity for February from the Chicago Fed.
Closing the gender investment gap
Taking the first step into the investing world can be intimidating. But armed with the research and the right information, it can be transformative, too.
Women often feel more intimidated by the world of finance than men, leading them to hesitate when it comes to making investment choices. But that can have significant effects when it comes to their relative levels of savings both for retirement and in general.
Importantly, women tend to have a higher rate of return on their investments than men, and hold less debt. So clearly, women know a thing or two about how to make their money work for them.
This Womenâs History Month, SoFi wants to empower women to get their money right. Join SoFi Head of Investment Strategy Liz Young in a webinar on how to invest in todayâs market.
Canât make it this week? Donât worry, register anyway to receive all the resources and a recording of the event.
Todayâs top stories
Why the end of the quarter can be volatile in the marketsWeâre in the final trading week of the first quarter of 2024, a time investors commonly reassess their portfolios, which can lead to more volatility as they offload and purchase assets. Hereâs whatâs ahead on Wall Street.
Read more >> A massive commodity shortage has lead to an 800% price jumpA gas crucial for MRI machines, chip manufacturing, and birthday parties is running low. Can you guess what it is?
Read more >> How diversification factors into your portfolioDiversifying your investments means not putting all your eggs in one basket. Instead you might own stocks, bonds, and real estate, as well as cash. Learn about why this is crucial.
Read more >>Other news that caught our eye
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Nike will supply the official kit of the German national soccer team from 2027 to 2034, ending the teamâs decades-long partnership with Adidas.
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The United Nations could adopt a global emissions tax targeted at shipping emissions.
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The FBI is conducting a criminal investigation into the Alaska Airlines panel incident, saying the plane left Boeingâs factory missing key parts.
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NBCUniversal signed a deal to show live coverage of the Paris Olympics opening ceremony at 150 U.S. IMAX theaters on July 26.
Financial planner tip of the day
"One place to begin when striving to nurture good financial habits is to write out individual money goals. Financial goals can serve as âexternalâ guideposts for kickstarting (and then sticking with) new habits."
Brian Walsh, CFPÂŽ at SoFi