Charles Schwab Foundation Supports Newly Formed AP Personal Finance Journalism Beat Team | Business
WESTLAKE, Texas–(Enterprise WIRE)–Apr 21, 2022–
Charles Schwab Foundation and the Related Push right now introduced a two-calendar year undertaking to advance explanatory journalism on money literacy that will assistance unfold personal finance information to historically underrepresented audiences.
With assist from Charles Schwab Basis, AP will produce a conquer staff of monetary literacy journalists to enable attain young, fewer affluent, and racially and ethnically numerous people—including men and women of color, Spanish speakers, and middle- and reduced-income households—with important private finance training.
The AP team will make private finance journalism in terms, visuals and graphics, and in various languages, when leveraging the know-how of AP’s journalists throughout the world to equip community information businesses with knowledge and tips on localizing own finance tales for their audience and communities.
The job is supported by Charles Schwab Foundation, a non-public basis that is independent from The Charles Schwab Company.
AP retains complete editorial management of all written content.
“There is a disaster of money illiteracy in the U.S. that is having position against a backdrop of widening wealth inequality,” reported Noreen Gillespie, AP world-wide organization editor. “As govt applications that bolstered Americans’ finances all through the pandemic start out to fade away, quite a few susceptible men and women are most likely to working experience clean problems. Now more than at any time, it is paramount for AP to make a workforce focused to own finance journalism that speaks to a actually varied viewers.”
“Financial literacy is a vital everyday living ability that everyone requires, nevertheless far too a lot of persons in our nation don’t have accessibility to the applications and training they need to have to make smart revenue conclusions,” said president of Charles Schwab Basis Carrie Schwab-Pomerantz. “Together with the Related Push, Charles Schwab Foundation is encouraging to stage the economic actively playing field by supporting the development of individual finance information that is responsive to the money requirements and needs of underrepresented individuals and communities.”
The grant from Charles Schwab Foundation is the hottest example of how Schwab aims to crack down obstacles to financial literacy. Study much more: https://www.aboutschwab.com/financial-empowerment.
About AP
The Connected Press is an impartial international information firm devoted to factual reporting. Started in 1846, AP right now stays the most trusted resource of quick, correct, impartial news in all formats and the necessary provider of the know-how and services critical to the news business enterprise. A lot more than half the world’s populace sees AP journalism each and every day. On the web: www.ap.org
About Charles Schwab Basis
Charles Schwab Basis is an impartial nonprofit community profit corporation, funded by The Charles Schwab Corporation and categorised by the IRS as a charity less than part 501(c)(3) of the Internal Profits Code. The Basis is neither a element of Charles Schwab & Co., Inc. (member SIPC) nor its dad or mum organization, The Charles Schwab Corporation. Its mission is to educate, volunteer and advocate on behalf of those in need so that anyone has the option to attain financial very well-becoming. More information and facts is accessible at https://www.aboutschwab.com/citizenship.
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Contact: Lauren Easton
World wide Director of Media Relations and Company Communications
The Involved Press
212-621-7005
[email protected] Meir
Media Relations Manager
The Connected Push
212-621-7536
[email protected] Corns
Director, Schwab Local community Solutions
Charles Schwab
415-539-7001
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Source: The Charles Schwab Company
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PUB: 04/21/2022 11:00 AM/DISC: 04/21/2022 11:02 AM
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