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.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
