How Non-Profit Pockets Change Uses Hip Hop to Teach Financial Literacy
The non-profit group Pockets Change is using hip hop to bolster financial literacy among youths. Cheddar News reporter Michelle Castillo spoke to Andrea Ferrero-Haggerty, the executive director of Pockets Change, about her approach to teaching young people how to navigate their finances. "When I was stepping out of the house and heading off to college, there were a lot of things that I had to learn really fast by making mistakes, and I want more of our students to be able to unpack those money myths that permeate our communities," she said.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
