More than 50% of Blacks and Latinx individuals significantly worried about finances and career prospects due to pandemic. COVID-19 continues to be top of mind for most of the country, especially as cases appear to be worsening in our current third wave of the illness. But a new survey of…
Tag: Finances
U.S. Bank, KeyBank, TD Bank and Wells Fargo Announce Efforts to Mitigate Financial Impact of COVID-19
The outbreak of the novel coronavirus (COVID-19) is affecting more than just the physical health of Americans and people around the world. As governments shut down nonessential businesses, the economy is taking an unprecedented blow. Individuals and small businesses are bearing much of the brunt. However, many large banking corporations,…
College Leaves Students with More Personal Finance Questions Than Answers: U.S. Bank Study
Students are most interested in learning about saving, investing and credit, and the majority have more concerns about each topic at graduation than they did entering college. This according to results of U.S. Bank’s 2017 Student Financial Literacy Study, which includes quantitative survey and qualitative interview research with incoming and…
Survey: Latinos in U.S. More Confident in Financial Future than Most Americans
By Sheryl Estrada Latinos are more optimistic about their financial future than most Americans, despite setbacks from the Great Recession, which lasted fromDecember 2007 to June 2009. Even thougheconomic indicators, such as household income, show limited progress for Latinos since 2008, one of the nation’s fastest-growing demographics has the confidence…
Survey: Black, Latino Parents Believe College Vital for Success
Latino and Black parentsare significantly more likely than white parents to believe it’s essential that their children earn a college degree, according to a Pew Research Center survey. Released in February, the survey found 86 percent of Latino and 79 percent of Black parents with children under the age of…