The Best Way to Teach Kids About Money? Slip It Into Math and English Classes
A global consensus is forming around how to teach kids about money in school. The answer: Embed personal finance lessons in the courses they already take. That’s the approach in the U.K., which this month agreed to make financial literacy lessons mandatory throughout its school system in 2014. Concepts like budgeting and compound interest will be explored in math classes as well a new “citizenship” course. Perhaps a dozen other countries in Europe and Asia embrace this approach as well. Now the U.S. is hopping on board. In the next couple months, the Treasury Department will go live with a website likely to be found at moneyasyoulearn.org. This site will offer teachers ready-made personal finance lessons that fit neatly into existing math and English courses. In time, the website will expand to include personal finance lessons suitable for social studies, history, and science classes too. The effort aligns with the Common Core Standards initiative that 46 states and the District of ...
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Bond Report: Bonds caught between auctions, long-term worries
Treasury prices gave up gains notched in Asia as traders wavered between the short-term positioning ahead of the week’s government debt auctions and the longer term political and Federal Reserve outlook.
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Before the Bell: Earnings, China PMI, Spain in focus
Wall Street on Tuesday pointed lower, tracking losses in Europe, where sovereign-debt worries weighed heavily. U.S. investors also will parse a number of major earnings reports, including DuPont, AT&T, UPS and, after the closing bell, Apple. Asia got a lift from manufacturing reports in China. The dollar extended gains and bond traders awaited a U.S. auction of two-year securities.
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Bond Report: Treasurys slip before 2-year auction
Treasury yields nudged up from record lows as traders derived little new information from the ratings watch put on several European countries nor from China and Europe manufacturing data.
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Bond Report: Treasurys pare losses after 2-year auction
Treasury prices pare losses following a slightly weaker-than-expected 2-year auction and as uneasiness about Europe persists.
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