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

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WESTLAKE, Texas–(Enterprise WIRE)–Apr 21, 2022–

Charles Schwab Basis and the Affiliated Push today introduced a two-12 months task to advance explanatory journalism on economical literacy that will support unfold personal finance expertise to traditionally underrepresented audiences.

With aid from Charles Schwab Basis, AP will make a conquer staff of money literacy journalists to help attain younger, much less affluent, and racially and ethnically various people—including men and women of coloration, Spanish speakers, and center- and reduced-money households—with critical particular finance instruction.

The AP group will deliver personal finance journalism in words, visuals and graphics, and in several languages, though leveraging the abilities of AP’s journalists throughout the globe to equip area news companies with knowledge and ideas on localizing personal finance tales for their audience and communities.

The undertaking is supported by Charles Schwab Basis, a non-public basis that is separate from The Charles Schwab Corporation.

AP retains complete editorial management of all written content.

“There is a disaster of money illiteracy in the U.S. that is using put in opposition to a backdrop of widening prosperity inequality,” claimed Noreen Gillespie, AP world business enterprise editor. “As governing administration systems that bolstered Americans’ funds throughout the pandemic begin to fade absent, quite a few susceptible men and women are probably to practical experience clean difficulties. Now far more than at any time, it is paramount for AP to make a group dedicated to individual finance journalism that speaks to a genuinely diverse audience.”

“Financial literacy is a significant lifestyle skill that everybody requires, yet too a lot of people today in our nation never have accessibility to the instruments and instruction they will need to make wise funds conclusions,” stated president of Charles Schwab Basis Carrie Schwab-Pomerantz. “Together with the Related Push, Charles Schwab Foundation is aiding to amount the economic playing subject by supporting the development of personalized finance content material that is responsive to the money requires and wishes of underrepresented folks and communities.”

The grant from Charles Schwab Foundation is the hottest illustration of how Schwab aims to crack down limitations to economic literacy. Learn more: https://www.aboutschwab.com/economic-empowerment.

About AP

The Linked Press is an unbiased global information group committed to factual reporting. Established in 1846, AP today stays the most trustworthy supply of rapid, precise, impartial news in all formats and the critical company of the technological innovation and services crucial to the news business enterprise. Much more than 50 % the world’s populace sees AP journalism each day. On-line: www.ap.org

About Charles Schwab Foundation

Charles Schwab Foundation is an independent nonprofit public gain company, funded by The Charles Schwab Company and categorized by the IRS as a charity below section 501(c)(3) of the Internal Income Code. The Basis is neither a section of Charles Schwab & Co., Inc. (member SIPC) nor its father or mother enterprise, The Charles Schwab Company. Its mission is to teach, volunteer and advocate on behalf of all those in want so that absolutely everyone has the option to obtain money well-currently being. More details is offered at https://www.aboutschwab.com/citizenship.

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Look at source edition on businesswire.com:https://www.businesswire.com/news/property/20220421005332/en/

Make contact with: Lauren Easton

World wide Director of Media Relations and Company Communications

The Associated Press

212-621-7005

[email protected] Meir

Media Relations Manager

The Associated Push

212-621-7536

[email protected] Corns

Director, Schwab Community Providers

Charles Schwab

415-539-7001

[email protected]

Search phrase: UNITED STATES NORTH The usa TEXAS

Market Key word: Experienced Expert services PHILANTHROPY OTHER Skilled Companies FINANCE Basis BANKING ACCOUNTING

Source: The Charles Schwab Company

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

http://www.businesswire.com/news/household/20220421005332/en

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