Tax Bill Passes Congress, Ellevest Cuts Fees

  • TAX BILL: The tax bill has passed Congress. Now that it's done, NPR breaks down what is next when it comes to implementing the law.
  • CRYPTO MADNESS: Long Island Iced Tea Corp. changed its name to Long Blockchain Corp. this week and saw its stock price rise more than 300%,Bloomberg is reporting. Sound familiar? It reminds us of the tech bubble that caused a stock market crash in 2001. 
  • #SHINETHEORY: We're so excited to see that Refinery29's Money Diaries column is becoming a book!
  • FEES CUT: Robo-advisor Ellevest cut investment fees for investors with less than $50,000 in their accounts from 0.5% to 0.25%. The female-owned firm is now offering private wealth management, in addition to its robo-investing products, at a premium. 
  • WAGE GAP: E! Network host Catt Sadler has quit, according to the AP, citing that Jason Kennedy, her co-host, makes nearly double her salary.
  • ANOTHER FEMALE VC FUND: Host of The Valley Girl Show, Jesse Draper, has closed a $10 million venture capital fund focused on female founders, according to the Wall Street Journal.
  • PRACTICAL ADVICE: Lola published a guide this week on how to ask for a lactation room at work. New mothers rejoice!