Abby Falik, Founder and CEO of 'Global Citizen Year,' discusses the company's mission to make taking a gap year 'aspirational' for all students. Falik adds that the company's goal is to have students develop a new language while getting a new perspective, and showing off what being an American means to other parts of the world.
Global Citizen Year offers programs in Ecuador, Senegal, India, and Brazil. Falik adds that the focus of the company is on impact, noting that even though the program is expensive, it is able to choose students, regardless of their financial status, through scholarship programs. The company is a non-profit, and is able to re-invest some tuition costs back into its programs.
Falik explains how selective the process is, but that 'Global Citizen Year' does not look at grades or test scores in the way that colleges and universities do. She notes that the program is seeking students that are "persuasive, passionate, and hungry" for a year of impact.
Unpacking Jerome Powell’s surprise rate cut with Tematica Research CIO Chris Versace—what it signals, who wins, who loses, and what smart investors do now.
Ben & Jerry’s co-founder Jerry Greenfield is leaving the ice cream brand after 47 years. He says the freedom the company used to have to speak up on social issues has been stifled
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
