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UNIVERSAL CITY, CALIFORNIA – FEBRUARY 18: Actor Terrence J. visits Hallmark Channel’s “Home & Family” at Universal Studios Hollywood on February 18, 2020 in Universal City, California. (Photo by Paul Archuleta/Getty Images)
Terrence J has partnered with Black-owned neobank, First Boulevard to launch the “Project Tassels” initiative. Through this initiative, the North Carolina A&T State University graduate will work with First Boulevard to help 1,000 students become more financially literate as they pursue a college degree. The program will teach HBCU students about credit scores, budgeting loans and much more.
“I wasn’t entirely knowledgeable about the importance of financial literacy while attending North Carolina A&T State University, or even at the beginning of my career,” the entertainment mogul said.
HollywoodCaliforniaUnited-statesUniversal-cityAmericaDonald-hawkinsPaul-archuleta-gettyCarolinaat-state-universityActor-terrenceHallmark-channelUniversal-studios-hollywoodGetty-imagesFinance. Here's a rundown of the must-know stories from the past week:
Lee Ainslie tells investors Maverick Capital is "poised to take advantage" of the post-GameStop-frenzy
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The inside track on the next big innovations in IPOs and direct listings
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Generation Robinhood: How the trading app conditioned inexperienced users to obsessively play the market
The app aims to make trading easy and fun for a simple reason: The more users trade, the more money Robinhood makes. The startup's business model, in fact, is based in large part on what is known as payment for order flow (PFOF) - taking the buy and sell orders that users place and selling them directly to large trading firms.
NevadaUnited-statesSeth-turkeltaubAdam-dellAndrew-burton-gettyJames-gormanVivek-bantwalLas-vegasDonald-hawkinsKirk-mckeownAkila-ramanVivek-bantwal-goldman-sachsGoldman partner Adam Dell exits - Payoneer goes SPAC - Visa pushes into crypto
Dan DeFrancescoFeb 4, 2021, 19:22 IST
Big Tech recovers after a rough day Wednesday on Wall Street.Matteo Colombo/Getty Images
Good morning and welcome to Insider
Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:
Goldman Sachs' partner Adam Dell, who was one of the leaders of its retail bank Marcus, has left his role. He talked to us about the exit.
The inside scoop on how Sequoia has investment ties into both Robinhood and Melvin Capital.
Visa is pushing deeper into crypto, and it's picked a digital bank focused on Black communities to partner with first.
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