Finance
The finance “Bulls” are running at Herriman High School club for girls.
All the pre-meeting boxes had been checked in the moments prior to the recent gathering of Herriman High School’s “Girls Investing Club.”
- Engaging digital finance-presentation slides were all prepared and uploaded. Check.
- The club’s three student organizers — each donning “Girls Investing Club” T-shirts — stood smiling and ready to welcome their fellow students and guest speaker for the club’s October meeting. Check.
- And dozens of donated Crumble cookies were fanned out across a classroom folding table, just for added enticement. And, check.
But would students show up?
It was a fair question.
After all, the first-year club was meeting on a Friday afternoon after the end of a Herriman High school week.
Now the weekend was calling. Would high school girls (and a few boys) really want to hang around campus for an extra hour to talk stock trading, Roth IRA contributions, compound interest and entrepreneurship?
The answer: An emphatic “Yes”.
By the time Herriman High School’s Girls Investing Club leaders called their October meeting to order, the classroom was packed. And when all the seats were filled, the remaining students simply plopped down on the floor.
“Thank you so much for joining our meeting today,” said high school senior and club co-founder Kaylee Arsenault, greeting her fellow club members. “Today’s theme will focus on stocks and the stock market.”
An alliance of finance-minded girls
The genesis of the Herriman High School’s Girls Investing Club was sparked last spring when Arsenault and her friend Lizzie Anderson were participating in an international conference for Distributive Education Clubs of America — aka DECA, a nonprofit organization that prepares students for careers in marketing, finance, hospitality and management.
The then-high school juniors fell short in their bid at the conference to win an international DECA business competition — but they were already setting their sights on winning it their senior year.
The girls knew that in order to be competitive for the international DECA contest, they needed to find, in Anderson’s words, “A ‘fire’ project to win.”
So they began searching for a business-related need within their own community.
“We learned that there’s a major lack of finance knowledge among women — along with a lack of women in finance professions and a lack of women participating in investing,” said Anderson.
The imbalance in women participating in finance and investing with confidence became even more frustrating for the Herriman students after discovering research that revealed women actually perform better than their male counterparts when investing in the stock market.
Anderson, Arsenault and junior classmate Baylee Zuniga — with the support of their business teacher/DECA adviser Randall Kammerman — began forming an investor initiative project designed to educate and empower women in areas of finance and investment.
Their first task was to organize an investing club for girls at Herriman High.
Mission accomplished.
Herriman’s Girls Investing Club was up and running by the start of the 2024-2025 school year.
“And now we also hope (to take the investing initiative) to middle schools and other high schools, and then across the community,” said Anderson.
The investing club leaders have even reached out to local women’s shelters and the Salt Lake City YWCA.
“We’ve already found interest in us coming and doing workshops to teach women in our community about how to invest and also how to prepare for finance-based professions,” added Anderson.
In its maiden year at Herriman, the Girls Investing Club has over 100 members.
Club organizers Anderson, Arsenault and Zuniga are also demonstrating an advanced grasp of the power of networking.
They have already connected with several folks in the local business community to secure sponsorships for their investing initiative — while simultaneously curating a pool of guest speakers for the club gatherings.
Anderson and her fellow student leaders are also developing another essential skill in navigating the turbulence of finance and investing: Resilience.
“We’ve had a lot of success with this club, but we’ve also had our fair share of challenges with, say, people not responding to us or initially struggling to get our club approved,” she said. “So we’ve learned about persistence and the importance of working with teammates.”
Kammerman, meanwhile, marvels at the capacity and “get-it-done” grit of his young students.
“I’ve taught here at Herriman for 13 years, but this is the first year we’ve done this club because we’ve never had a group of girls like this who just saw a need — and then wanted to do this awesome thing,” he said.
“I love teaching finance, so when these students said they wanted to start the ‘Girls Investing Club’, I just said, ‘Let’s do it’.”
Women making leaps in stock market activity
Herriman High’s Girls Investing Club reflects national trends that women of all ages are making strides in their investing confidence and savvy.
More women are taking ownership of their finances and investing than ever before.
According to recent research from Fidelity Investment’s 2024 Women & Investing Study, 7 in 10 women own investments in the stock market — an 18% increase compared to 2023.
While younger generations continue to invest in higher numbers, the percentage of Gen X and Boomer women who invest in the stock market jumped the most year-over-year, increasing 18% and 23%, respectively.
“It’s encouraging to see the number of women taking control of their finances swell over the past three years,” said Sangeeta Moorjani, head of tax exempt market and lifetime engagement for Fidelity Investments.
“We know there is still work to be done — the financial confidence gap continues to persist, and women continue to report higher levels of financial stress than men — but we’ve made considerable strides.”
After-school “running with the bulls”
The first half of October’s Girls Investing Club meeting focused on the stock markets.
But instead of simply lecturing the club members on the ins-and-outs of, say, the S&P 500 or the Nasdaq Composite, the three student leaders — Anderson, Arsenault and Zuniga — “hired” each club member to become virtual stock market investors.
Utilizing the popular MarketWatch Virtual Stock Exchange — “Run with the Bulls, Without the Risk!” — the Herriman students each opened-up their own simulated investing accounts on their phones or laptops.
Within seconds, they were analyzing market trends and searching for well-known publicly traded companies such as Nike and Netflix — and then making initial virtual investments utilizing $100K in, well, play money.
Over the course of the 2024-2025 school year, Herriman’s club members will compete for “Top Investor” spots atop the club’s MarketWatch leaderboard.
At year’s end, the top three performers will walk away, literally, with prized dividends — a pair of trendy new sneakers.
Even while feeling the combined rush of market investing and sugary Crumbl cookies, the club turned its collective attention to October’s guest speaker, Vincenza Vicari-Bentley.
An accredited financial counselor and the coordinator of Utah State University Extension’s Empowering Financial Wellness Program, Vicari-Bentley spent 30 minutes interacting with club members on financial topics such as the power of long-term investing, leveraging compound interest, taxes and budgeting, outpacing inflation and wisely utilizing finance-related social media.
“I think it’s super cool that all of you are here at this stage of your life and age,” said Vicari-Bentley. “I wish this was something that I would have been thinking about or had been interested in years ago, because I would have been that much further ahead.
“So good on you for being here and being open to learning about this stuff… It’s empowering.”
An investing community for all girls
Herriman sophomore Bryanna Nickerson is quick to admit she’s not generally interested in money matters.
Still, she’s proud to be a member of her school’s charter investing club designed especially for girls.
“I’m hoping that this club can help me realize that I’m going to need to deal with money in my life, and that there are ways to do that,” she said. “So I’m really glad that I signed up for the club because it’s a learning opportunity — and there are good snacks.”
When Herriman’s club gathers once again in November and beyond, it will be saving a seat — and a cookie — for Nickerson and scores of other girls.
Finance
UNO restructures finance team, announces changes to campus
Editor’s note: WWNO is licensed to the University of New Orleans but is funded independently and reports on the university like any other school.
The University of New Orleans is making changes to its financial structure and campus as it prepares to transition back to the LSU System on July 1.
UNO, which officials have already started referring to as LSU New Orleans, has hired Jeanette Weiland as its interim chief administrative officer, a reconfigured role the school’s president says will strengthen its finances.
Weiland previously served as chief business officer of Tulane University’s School of Science & Engineering. She started on a contract basis in January and was hired as an employee on March 1.
In an email to staff this week, President Kathy Johnson said Weiland’s position will span more departments than before, making forecasting and budgeting easier.
“For many years, some of our financial challenges have stemmed from the way separate revenue sources have operated in parallel rather than in alignment,” Johnson said.
The university eliminated its vice president for finance and administration as part of the restructuring, Johnson said, and will hire an interim chief financial officer to work under Weiland.
Arlean Wehle had been serving in both roles, on an interim basis, after Edwin Litolff left for the University of Louisiana at Lafayette last summer. Johnson thanked Wehle for her “tireless work ethic, her steady leadership, and her unwavering commitment to our mission.”
UNO has struggled financially in recent years, which officials have attributed to low enrollment and poor management. The school currently enrolls fewer than 6,000 students, down from more than 17,000 at its peak before Hurricane Katrina.
While faculty and staff have specific concerns about the transition, according to a survey conducted by LSU, more than 60% of students, alumni and faculty support the move.
Officials have promised to revive the university by sharing system resources, eliminating some programs, expanding those it says are unique and successful — like UNO’s naval architecture and marine engineering school — and rebranding the campus as part of the LSU family.
In the same email, Johnson said UNO will lease a building to its neighbor, Benjamin Franklin High School, starting in June, and plans to close its oldest academic building at the end of the semester.
Franklin has been looking for room to expand, rather than cap its enrollment. The school plans to take over the Human Performance Center.
Johnson said the lease will strengthen the existing partnership between the two, “while generating revenue” that UNO needs. Franklin will move out of the classrooms it uses in a campus building that’s farther away, freeing those up.
The terms of the lease with Franklin are still being negotiated, Johnson said in an email to WWNO. It will likely go before the University of Louisiana System board in April, which UNO remains part of until July 1.
The Liberal Arts Building, the facility slated to close, houses the following departments: English, foreign languages, philosophy, history and elements of anthropology.
Johnson said the decision was reached based on UNO’s financial standing and a facility analysis by an outside firm.
“This is not a decision made lightly,” she said in the email. “We simply do not have the resources required to restore it to acceptable standards.”
Departments housed in both impacted buildings will be relocated to other parts of the campus.
Finance
Ethics Commission launches interim site for local campaign finance reporting

The Oklahoma Ethics Commission has launched an interim local campaign reporting portal amid growing concern that a state law change and an aborted Guardian System upgrade left the public without access to municipal, county and school board candidate finances.
Late last year, the Ethics Commission restored its legacy Guardian System for state candidate committees and lobbyists to file their financial disclosures. The commission had been attempting to upgrade to a system known as Guardian 2.0, but the switch floundered and ultimately fell apart, forcing the agency to change providers and revert to its original system.
In anticipation of Guardian 2.0, the Oklahoma Legislature passed a new law last year requiring local candidates for office to file their campaign reports with the Ethics Commission instead of city and county officials. But the legacy Guardian System to which the agency reverted does not accomodate filing information or data for candidates in county and municipal races.
Tuesday’s launch of the interim site covers some of those gaps, but data is still being uploaded to it. As of Friday, March 6, filings from only about a dozen candidates are listed for public review.
“Oklahoma voters deserve transparency at every level of government,” Ethics Commission executive director Lee Anne Bruce Boone said in a statement. “This interim portal ensures the disclosure continues without delay while full electronic integration is finalized.”
Search filings:
LocalCampaignFilings.ok.gov
The commission’s new responsibilities over local elections have come as a result of SB 890, which took effect Nov. 1. It requires candidates for county and municipal offices to file their campaign finance reports and personal financial information at the state level. In years past, those filings were typically handled by county election boards or city clerk offices.
At a meeting in February, Bruce Boone said it could take up to 15 weeks for Civix, the software company that developed the original Guardian System, to update the current platform.
That has left some local candidates with questions about how to file reports and how the public can see them. Some candidates have been pressed to post their own reports on social media ahead of the April 7 election, while others interested in the information have had to make individual requests by email or phone to the Ethics Commission, which has then requested reports from candidates. More than 3,000 municipal and county filings are expected to be uploaded on the Guardian System eventually.
Aaron Wilder, who manages local campaigns in Oklahoma, said the interim system is a step in the right direction.
“I’m glad that they have provided some kind of option,” Wilder said. “I really thought that the kind of excuse that they were giving — that there was nothing they could do in the interim because of their staff capacity and technology needs — was lacking, and so that was true, because they were able to quickly set this up in the last month.”
Questions remain about filings
According to Bruce Boone’s press release, local candidates can submit finance reports through the interim portal while full system integration remains ongoing. Still, Wilder has concerns.
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‘This is a problem’: Local election campaign finance reports in limbo by Andrea Hancock
“What is missing right now is just clear guidance and communication from the Ethics Commission on what local campaigns should be doing at the moment,” he said. “The only reason I would know that this is now available and something that local campaigns can use, is because I’m subscribed to the Ethics Commission email (list). So I got a notice from their email system that, ‘Hey, this is available.’ And so then going back to that, I mean, I have not seen any kind of effort from them to really communicate about this beyond just pushing out to their email list. And nothing here is required, as far as my reading of it. It’s kind of like, ‘Comply if you would like to.’”
Oklahoma County District 2 Commissioner Brian Maughan is not up for reelection this year, but he is still required to file regular Ethics Commission fundraising reports. He said that who donates to candidates and how much money they raise is of interest to the public. Indeed, some citizens expressed concern leading up to and after February’s municipal elections that they were unable to see candidates’ full financial disclosures.
“It’s not often that we get major press coverage for these local races,” Maughan said. “That’s why I think it’s been important for the citizens to be able to go down there and retrieve our records, because a lot of the time, if the public is going to find out, it’s usually from their own effort to go and review the records. Over the years, I’ve been really surprised at the number of people who go out and do that. Because it’s important to them to know who’s supporting not only the incumbents, but the challengers.”
Maughan said he was told by the Ethics Commission to retain data on fundraising and give it to citizens who ask him for it.
“What they told me was that, for the time being, you file it with yourself, but we have to produce it upon any citizen requests for it,” he said. “I don’t keep those records at the courthouse, but theoretically, anyone should be able to make it available within one business day. It’s relatively similar to how it was when you would show up at the (county) election board or Ethics Commission and ask for it. You would typically get same-day service. ‘We should still be able to provide that to citizens,’ is the instruction that I received. And we were like, ‘Aren’t you sure that we [shouldn’t] let somebody else just have them on file?’ And they said, ‘No, not for now.’ They said they will get back with us and we will have time to upload it to the new system, but for now, if somebody asks you, you’re still supposed to provide it.”
Finance
Arsenal Braced for Shock Sale to Combat Looming Financial Issues—Report
Arsenal will be forced into selling at least one first-team player at the end of the season as last summer’s $359 million spend catches up with them, a report has revealed.
Arsenal parted ways with vast sums for an array of transfer targets before the campaign commenced, with Eberechi Eze ($90.2 million) and Viktor Gyökeres ($85.1 million) among the expensive additions.
An enormous outlay has facilitated an incredible campaign to date for Mikel Arteta’s side, who are currently perched first in the Premier League and can still secure an unprecedented quadruple of trophies.
However, according to The Telegraph, Arsenal will need to raise funds through player sales this summer to ensure they comply with the Premier League and UEFA’s financial regulations.
Internal discussions are already taking place over which first-teamer(s) could yield the greatest transfer fee and profit to help Arsenal balance the books. A host of names are potentially on the chopping block.
Few Safe From Arsenal Departure
Certain individuals will undoubtedly be off limits when sales are sanctioned at the end of the season—Bukayo Saka, Declan Rice and William Saliba to name a few—but Arsenal might have to be ruthless with their outgoings.
According to the report, even skipper Martin Ødegaard is not immune to being pushed out the exit door, the Norwegian’s low value on Arsenal’s balance sheet paving the way for a mammoth profit if he’s sold. However, he’s still considered a hugely important figure at the club.
Gabriel Martinelli is another who is under consideration given his colossal transfer value, while Gabriel Jesus, Leandro Trossard, Kai Havertz and Ben White are other potential candidates for the boot as their contracts tick down.
Arsenal’s current preference is likely to be offloading one of their two precocious academy graduates: Ethan Nwaneri and Myles Lewis-Skelly. Neither are eager to leave the Emirates Stadium but their sales would count as pure profit given they have come through the club’s youth setup. Past sales of Emile Smith Rowe and Eddie Nketiah show Arsenal are not averse to selling homegrown talents.
The Gunners are expected to be protagonists in the transfer market again this summer as Arteta looks to build a dynasty, while the arrival of Piero Hincapié on a permanent deal worth $60 million adds to their desire to cash in on some of their stars.
Who Should Arsenal Offload This Summer?
Contracts will come under the microscope when Arsenal consider sales. There are currently four players whose deals expire in the summer of 2027—Martinelli, Trossard, Jesus and Christian Nørgaard.
Martinelli and Nørgaard both have clauses allowing Arsenal to trigger a one-year extension and while the latter holds little transfer value, Martinelli would certainly command a hefty fee if he were to depart. The Brazilian has struggled to take the step to superstar status but is still just 24 years old.
Arsenal could therefore turn to Trossard or Jesus. The former will be 32 years old and the latter 30 by the time their deals run out, meaning extensions are unlikely. Cashing in this summer might be the wise move, although neither are likely to be a truly blockbuster sale.
Havertz’s injury issues and the fact his deal expires in 2028 make him a possibility, while White is certainly a luxury option in a well-stocked Arsenal backline.
Fortunately following years of cultivation, Arsenal will be able to cover for sales this summer given their immense squad depth.
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