Economics 

• How the pandemic is hurting working mothers disproportionately. (Knowledge@Wharton) 
• Weekly jobless claims came in at 837,000 last week. Over 25 million are still collecting benefits, and household income declined last month by 2.7%.(AP NEWS)
• September employment report: 661,000 jobs added and 7.9% unemployment---definitely slowing, and these numbers don’t reflect upcoming layoffs at American, United, Goldman Sachs, Disney, etc. and business closures expected in October. (Yahoo Finance)
• Will the slow down of the recovery impel congress to pass another stimulus bill? How might Jerome Powell and the Federal Reserve respond? (Yahoo Finance video)
• The Congressional Budget Office downgrades its long-term growth forecast for the US Economy. (WSJ-subscription)

Investing-Third Quarter Recap

• Third Quarter 2020 was a busy one for IPO activity—no negative impact of Covid there! (MarketWatch)
• Pew Research survey suggests few own stocks outside of retirement accounts and also that few feel stock market drives the economy.
• The stock market is likely to continue on this roller coaster path. The Humble Dollar takes a look at financial anxiety caused by all the uncertainty in the world right now.
• Morning Brew recaps Q3 stock market winners and losers.

Paying for College

• FAFSA filing opened up yesterday (10/1) and filing early will be more important than ever. (CNBC)
• CNBC also gives some advice on how to maximize your aid during the Covid pandemic.

FinTech

• Will FinTech successfully shift focus from straight up financial services to financial health? Forbes provides an interesting global survey of trends.

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Last week to refer 3 colleagues and be entered into a drawing for a Macbook Air!  Contest ends on October 9th. 

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