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This Week in Women

Senate passes bill ending forced arbitration in sexual misconduct cases The measure passed unanimously by a voice vote after garnering overwhelming bipartisan support in the House earlier this week. The bill now heads to President Joe Biden’s desk to be signed into law. Under the legislation, employers would be prohibited from forcing workers to settle sexual…

This Week in Women

Less Than a Quarter of CFPs Are Women (Still) According to the CFP Board’s Women’s Initiative, launched in 2013, the share of planners who are women has remained around 23% for the last several years. A white paper released after the launch of the program said the growth of women in the business “will be a marathon…

This Week in Women

Fidelity, Once Stodgy and Adrift, Bets on the Reddit Crowd Ms. Johnson, 60, has remade Fidelity with a focus on giving a new generation of individual investors what they’re looking for. She spent heavily on expanding its customer-service workforce and building up tech platforms. She lowered fees on products most popular with small investors, in…

This Week in Women

Sixty Years Ago, NASA Scientists Found That Women Would Be Better Astronauts. Their Work Was Never Published. But their idea was soon quashed when President D. Eisenhower deemed that astronaut candidates should be recruited only from the ranks of military fighter jet test pilots – at the time, women were barred from the role. McKinsey Report: Women…

This Week in Women

Female Founders Raised Just 2% of Venture Capital Money in 2021 When women teamed up with a male co-founder, they tended to raise more. Female and male founder teams captured 15.6% of total venture cash in 2021 — the highest amount since 2017. Amy Schneider is the first woman to win $1 million on ‘Jeopardy!’…

This Week in Women

Theranos founder Elizabeth Holmes found guilty Holmes was the poster child of Silicon Valley hubris, taking “fake it till you make it” to illegal extremes. She was found not guilty on several charges relating to patients and company ads in Arizona. U.S. unemployment rate falls in December but rises for Black women However, the unemployment…

This Week in Women

Melania Trump’s Next Act Is Selling NFTs “Melania’s Vision” can be bought with Sol, a type of cryptocurrency that operates on the Solana blockchain. The NFT costs 1 Sol, which was worth $181.34 apiece Thursday afternoon, according to data provider CoinMarketCap. FDA permanently allows medication abortion pills through mail The more lax policy has opened…

This Week in Women

Women Earn $2 Million Less Than Men in Their Careers as Doctors Female doctors make less than their male counterparts starting from their very first days on the job, according to a large new study. Over the course of a 40-year-career, researchers estimated, this pay gap adds up to at least $2 million. Supreme Court…

This Week in Women

The Hot New Trend For Hedge Funds Is—Finally—Female Founders “It is a watershed moment to have multiple female-led hedge fund launches,” says Dominique Mielle, a former partner and portfolio manager at Canyon Capital and author of Damsel in Distressed: My Life in the Golden Age of Hedge Funds. “Women must outperform men if they want to stay…

This Week in Women

Abacus Welcomes New Co-CEOs, Mary Beth Storjohann and Neela Hummel Mary Beth and Neela, each accomplished CFPs® and partners at the firm, have previously served as Chief Marketing Officer and Chief Advisory Officer of Abacus, respectively. They will now lead the $4.4B company on its mission of expanding what’s possible with money and leaving the…