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Affluent Americans Gave 48% More on Average Last Year, Finds 2021 Bank of America Study of Philanthropy

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4 mins read

The FINANCIAL — According to Bank of America, Research Reveals Differences in Giving Behaviors among Younger Affluent Households. Average giving to charities by affluent Americans increased by 48% last year compared to 2017 ($43,195 vs. $29,269), according to the 2021 Bank of America Study of Philanthropy: Charitable Giving by Affluent Households, released today.…

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Affluent Americans Gave 48% More on Average Last Year, Finds 2021 Bank of America Study of Philanthropy

4 mins read

The FINANCIAL — According to Bank of America, Research Reveals Differences in Giving Behaviors among Younger Affluent Households. Average giving to charities by affluent Americans increased by 48% last year compared to 2017 ($43,195 vs. $29,269), according to the 2021 Bank of America Study of Philanthropy: Charitable Giving by Affluent Households, released today.…

One in Three Americans Already Had COVID-19 by the End of 2020

2 mins read

The FINANCIAL — New study published in the journal Nature estimates that 103 million Americans, or 31 percent of the U.S. population, had been infected with SARS-CoV-2 by the end of 2020. Columbia University Mailman School of Public Health researchers modeled the spread of the coronavirus, finding that fewer than one-quarter of infections (22%) were…

Research Aims for Best Ways to Treat COVID-19 at Home

1 min read

The FINANCIAL -- While more than 125 million Americans have received full doses of the COVID-19 vaccine, thousands of people in the U.S. are being diagnosed each day with the disease. Reports of severe illnesses, hospitalizations and deaths continue, more than a year after the pandemic began, University of California notes.…

Why older Americans are taking on more debt

1 min read

The FINANCIAL -- Older Americans are accumulating more debt as they near retirement, according to recent research that reveals a troubling trend in personal finance among people in their 50s and early 60s.…

Amazon is hiring 33k new employees and an average compensation is 150k

3 mins read

The FINANCIAL — Amazon announced it will host its 2020 Career Day on Wednesday, September 16. As a part of the nationwide virtual event, Amazon – the largest job creator in the U.S. over the last decade – will give attendees the opportunity to learn about the 33,000 corporate and tech jobs currently available across the…

US GDP plunged nearly 35% as over 50 M Americans filed unemployment

2 mins read

The FINANCIAL — Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 5.0 percent. Department of Labor released the data which shows that another 1.4M Americans filed unemployment…