General News

Economic Outlook from the Boardroom – Perspectives from Women of the Board

On May 13, CEE held another exciting discussion in the Vantage Point series, covering the Economic Outlook from the Boardroom: Perspectives from Women of the Board. Held over breakfast at the Harvard Club of New York, an esteemed panel of leaders shared their insight and their own personal experience while discussing the challenges of women in the boardroom and beyond.

CEE’s CEO and President Nan J. Morrison opened the program, while Ellen Hughes-Cromwick, Director and Chief Economist of the Ford Motor Company, moderated the panel.

WomensBreakfast 300x225 Economic Outlook from the Boardroom   Perspectives from Women of the Board

From Left to Right: Ellen Hughes-Cromwick, Mellody Hobson, Mary Schapiro, Nan Morrison, and Cathy Minehan.

The Hon. Mary Schapiro, 29th Chairman of the SEC, Former Chairman and CEO of FINRA, and a 2008 CEE Visionary Award winner, presented first, noting that only 18% of corporate board seats are held by women—and yet, when women make up a larger percentage of a board, it’s more likely to see a higher return on capital and sales.

Mellody Hobson, President of Ariel Investments, followed up by addressing the importance of both gender and racial diversity, and how it creates real value for companies.

Rounding out the panel, Ms. Cathy Minehan discussed some of the ways that gender disparity is being addressed, like the 2020 Women on Boards, an initiative to increase the percentage of women serving on corporate boards.

One of the most important initiatives to bridging the inequality gap is early financial education. And given our mission here at CEE, to promote financial and economic literacy in K-12 students, we couldn’t agree more.

POSTED: May 30, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , , , ,

Delaware fosters discussion on Economic and Personal Finance Education

In an effort to bring attention to the continued need for personal finance education in K-12 programming, over 80 industry, government and education leaders gathered on May 5 to discuss the state of economic and personal finance education in Delaware and how they are working together to improve the economic and financial literacy of young people.

ceee1 300x200 Delaware fosters discussion on Economic and Personal Finance Education

Delaware Govenor Jack Markell.

The program, held earlier this month at the Hotel du Pont, was the first of four regional events hosted by the national Council for Economic Education (CEE) and its local affiliate, the Delaware Council on Economic Education (DCEE), and sponsored by Capital One.

Highlighted during the event was the progress already being made through the strong partnership forged with the University of Delaware’s Center for Economic Education and Entrepreneurship (CEEE).

“An overwhelming majority of Americans, when hit with an emergency, would have less than two weeks of reserve on which to live and a huge number of people would be out on the streets,” said Gov. Jack Markell, a longtime advocate committed to financial education, in his keynote address. “So, unfortunately, most kids don’t know about money because they’re not learning about it at home.” Read more…

POSTED: May 29, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , , , , , , , , ,

CEE launches Senate Financial and Economic Literacy Caucus

Last week on May 21, the Council for Economic Education hosted Senator Jack Reed (RI) and Senator Mike Enzi (WY) in Washington, DC for a very exciting announcement: the official launch of the Senate Financial and Economic Literacy Caucus, a bipartisan effort to ensure that all Americans are equipped with the essential skills and education they need.

senateFEL1 300x198 CEE launches Senate Financial and Economic Literacy Caucus

Senator Jack Reed (RI) talking with CEE CEO & President Nan Morrison (right) and RI CEE President Margaret Brooks (left).

Senator Reed stressed the importance of bringing people from all sides together to address the issue of financial literacy, “a critical problem for future generations.” Financial education is a lifelong endeavor, he continued, and “has to start in elementary and secondary schools, and lead into the college arena.”  The Caucus, he hopes, will be a “catalyst for positive change.”

Senator Enzi addressed the need for access to information and tools to help Americans make the right choices, like saving for retirement, buying insurance, or investing.

Following their remarks, the room turned its attention to an important and timely question: what role should the federal government play in supporting financial literacy? Read more…

POSTED: May 28, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , , , ,

CEE announces the winner of the 2014 National Economic Challenge Video Contest

The winning entry of the 2014 National Economic Challenge Video Contest was created by a team of four students from Iolani High School in Honolulu, Hawaii. Dick Rankin, an Iolani Teacher, served as the team’s Coach.

CEE asked the eight finalist teams for the 2014 National Economic Challenge to prepare video profiles that show who they are as people, students and scholars. These videos were placed on our Facebook page and open to voting by the general public. The team from Iolani High School received the most votes with over 220 votes.

Each student on the team will receive a $25 iTunes gift card and the coach will receive a $100 Amazon gift certificate for use in the classroom. Congratulations to Iolani and to all the finalists for their great submissions!

POSTED: May 27, 2014 | BY: Annamarie Cerreta | TAGS: , , , , , ,

Double Your Impact Through CEE’S $175,000 Challenge Grant

springappeal 300x115 Double Your Impact Through CEE’S $175,000 Challenge GrantCEE is excited to announce a $175,000 challenge grant. Thanks to the generosity of our Board Members, Scott Booth and Barry Haimes, all gifts received by June 30 will be matched dollar-for-dollar up to $175,000.

We depend on donors to continue to utilize the best educational technology, build new programs to meet evolving needs, and develop the most up-to-date resources.

Here are some ways that you can invest in a brighter future for our kids:

  • $150 donation trains one teacher in interactive classroom learning activities. That teacher will reach 50-150 students each year.
  • $500 donation outfits a classroom with books and materials about earning, saving, investing and managing money.
  • $1,250 provides a full scholarship for a teacher to attend CEE’s highly regarded 53rd Annual Financial Literacy and Economic Education Conference, where educators share best practices and receive training on new resources.

Join in the effort to make economic and financial literacy a priority in our schools, and help educate young people about the economy they will ultimately inherit by donating today.

If you would like to support CEE and its programs, please call Tarnisha Smart, Director of Development Services, at 212-730-6704 or click here to make your gift.

POSTED: May 27, 2014 | BY: Annamarie Cerreta | TAGS: , , , , ,

Meet the 2014 National Economics Challenge Winners!

The 14th Annual National Economics Challenge culminated with an exciting quiz bowl Monday, May 19. This year’s Challenge saw a record number of participants, over 10,500 students from 40 states, with four elite teams per division competing in the final round. The quiz bowl ended with a nail biting finish- each team won by just one point.  After such a thrilling competition CEE gives special recognition to the first place winners for each division.

Hunter College High School of New York, New York earned first place in the David Ricardo Division and Bellaire High School of Bellaire, Texas took first place in the Adam Smith Division. The two winning teams were invited to ring the closing bell at the New York Stock Exchange immediately following the competition.

Screen Shot 2014 05 20 at 11.22.19 AM Meet the 2014 National Economics Challenge Winners!

Screen Shot 2014 05 20 at 12.07.17 PM Meet the 2014 National Economics Challenge Winners!

CEE would like to thank all teams for their hard work and participation. Final challenge rankings are as follows:

DAVID RICARDO DIVISION (Single semester general economics students)

  1. Hunter College High School/New York, New York
  2. Little Falls Community High School/Little Falls, Minnesota
  3. Carmel High School/Carmel, Indiana
  4. Souderton Area High School/Souderton, Pennsylvania

ADAM SMITH DIVISION(AP, IB and honors students)

  1. Bellaire High School/Bellaire, Texas
  2. Carmel High School/Carmel, Indiana
  3. Iolani School/Honolulu, Hawaii
  4. Grissom High School/Huntsville, Alabama

The 2014 National Economics Challenge was sponsored by State Farm.

Video of the quiz bowl is available on-demand on our Facebook page.

Voting for finalist videos remains open through Friday, May 23 until 5:00pm ET.  Visit our Facebook page to vote.

POSTED: May 20, 2014 | BY: admin | TAGS: , ,

Resources

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