Financial literacy and stability in the U.S. is surprisingly low. According to the Financial Industry Regulatory Authority, less than 50% of Americans know how much they need to save for retirement and around two-thirds of Americans cannot pass a basic financial literacy test.
For this reason, Carrie Schwab-Pomerantz has dedicated her work as the Chair and President of the Charles Schwab Foundation to increasing literacy education. Carrie joins Cheddar to explain how the Charles Schwab Foundation is partnering with different organizations to push education forward.
The Charles Schwab Foundation is working with The Boys and Girls Club of America to partner with young students, as well as Donors Choose in order to increase access to financial education.
Carrie is also the daughter of Charles Schwab and explains how she has seen the company grow from a start-up, to what it is today.
OpenAI has announced that ChatGPT will soon engage in "erotica for verified adults." CEO Sam Altman says the company aims to allow more user freedom for adults while setting limits for teens. OpenAI isn't the first to explore sexualized AI, but previous attempts have faced legal and societal challenges. Altman believes OpenAI isn't the "moral police" and wants to differentiate content similar to how Hollywood differentiates R-rated movies. This move could help OpenAI, which is losing money, turn a profit. However, experts express concerns about the impact on real-world relationships and the potential for misuse.
CNN is launching a new “All Access” streaming subscription in the U.S. on October 28th, priced at $6.99 a month, or just $69.99 if you sign up for a full year.
WSJ’s Alexander Gladstone reveals the story behind First Brands’ sudden bankruptcy: hidden deals, corporate chaos, and a mystery that shook the auto world.
