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Charles Schwab Foundation Supports Newly Formed AP Personal Finance Journalism Beat Team | Business

WESTLAKE, Texas–(Small business WIRE)–Apr 21, 2022–

Charles Schwab Foundation and the Involved Push today introduced a two-12 months task to advance explanatory journalism on money literacy that will enable spread own finance know-how to traditionally underrepresented audiences.

With guidance from Charles Schwab Foundation, AP will develop a beat crew of money literacy journalists to support attain youthful, much less affluent, and racially and ethnically diverse people—including persons of color, Spanish speakers, and center- and reduce-income households—with crucial private finance training.

The AP crew will develop personal finance journalism in phrases, visuals and graphics, and in numerous languages, when leveraging the skills of AP’s journalists across the globe to equip community information organizations with information and thoughts on localizing personalized finance tales for their visitors and communities.

The job is supported by Charles Schwab Foundation, a private basis that is independent from The Charles Schwab Company.

AP retains entire editorial command of all content.

“There is a disaster of economical illiteracy in the U.S. that is having put versus a backdrop of widening wealth inequality,” stated Noreen Gillespie, AP world business enterprise editor. “As government systems that bolstered Americans’ funds in the course of the pandemic begin to fade absent, lots of susceptible men and women are probable to practical experience contemporary issues. Now additional than at any time, it is paramount for AP to construct a workforce focused to own finance journalism that speaks to a truly various viewers.”

“Financial literacy is a crucial daily life ability that everybody demands, still as well a lot of individuals in our nation really don’t have accessibility to the equipment and education and learning they will need to make wise money selections,” stated president of Charles Schwab Foundation Carrie Schwab-Pomerantz. “Together with the Involved Push, Charles Schwab Foundation is aiding to stage the financial participating in discipline by supporting the generation of personal finance material that is responsive to the money requires and wishes of underrepresented people and communities.”

The grant from Charles Schwab Foundation is the most up-to-date example of how Schwab aims to split down boundaries to monetary literacy. Understand much more: https://www.aboutschwab.com/economical-empowerment.

About AP

The Affiliated Press is an impartial world wide information firm dedicated to factual reporting. Established in 1846, AP now stays the most reliable resource of quickly, accurate, impartial news in all formats and the necessary provider of the engineering and services important to the information organization. Much more than 50 % the world’s inhabitants sees AP journalism each individual working day. On the web: www.ap.org

About Charles Schwab Basis

Charles Schwab Foundation is an unbiased nonprofit community gain corporation, funded by The Charles Schwab Company and categorized by the IRS as a charity beneath section 501(c)(3) of the Inner Revenue Code. The Foundation is neither a section of Charles Schwab & Co., Inc. (member SIPC) nor its guardian firm, The Charles Schwab Company. Its mission is to teach, volunteer and advocate on behalf of those people in want so that absolutely everyone has the option to obtain fiscal perfectly-being. Extra info is readily available at https://www.aboutschwab.com/citizenship.

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Contact: Lauren Easton

World wide Director of Media Relations and Company Communications

The Affiliated Press

212-621-7005

[email protected] Meir

Media Relations Supervisor

The Affiliated Push

212-621-7536

[email protected] Corns

Director, Schwab Group Solutions

Charles Schwab

415-539-7001

[email protected]

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PUB: 04/21/2022 11:00 AM/DISC: 04/21/2022 11:02 AM

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