Detailed Instructions: In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.
Q: WASHINGTON — While Americans as a whole are feeling less financial stress, making ends meet remains a daily struggle for millions — particularly women, millennials, African-Americans, Hispanics, and those lacking a high school education. These findings come from the National Financial Capability Study (NFCS), released today by the FINRA Investor Education Foundation (FINRA Foundation). 
  
 Additional details about the study will be announced today at 3:30 p.m. at an event featuring Deputy Secretary Sarah Bloom Raskin, U.S. Department of the Treasury; Mary Jo White, Chair, U.S. Securities and Exchange Commission; Consumer Financial Protection Bureau Director Richard Cordray; Jane Rooney, Financial Literacy Leader at the Financial Consumer Agency of Canada; and FINRA Foundation Chairman Richard Ketchum. The event, hosted in conjunction with The George Washington University’s Global Financial Literacy Excellence Center (GFLEC), will take place at the University’s School of Media and Public Affairs, 805 21st Street, N.W., Washington, DC. 
  
 The study measures four key components of financial capability: making ends meet, planning ahead, managing financial products, and financial knowledge and decision making. Drawing on a data set comprising responses from more than 27,000 U.S. adults, the NFCS is one of the largest and most comprehensive financial capability studies in the country. 
  
 Among the study’s most significant findings: 
  
 More than one in five Americans (21 percent) have unpaid medical debt, and women are more likely than men to put off medical services due to cost, such as seeing a doctor, buying needed prescriptions or undergoing a medical procedure; 
  
 Nearly half of respondents with a high school education or less could not come up with $2,000 in 30 days in the event of an emergency (45 percent) compared to only 18 percent for respondents with a college degree; 
  
 Twenty-nine percent of 18 to 34-year olds with a mortgage have been late with a mortgage payment, compared with 7 percent for the 55+ age group; 
  
 Hispanics and African-Americans are much more likely to use high-cost forms of borrowing like pawn shops and payday loans compared to whites—39 percent for African-Americans, 34 percent for Hispanics and 21 percent for whites; and 
  
 Only 37 percent of respondents are considered to have high financial literacy, meaning they could answer four or more questions on a five-question financial literacy quiz—down from 39 percent in 2012 and 42 percent in 2009. 
  
 However, the percentage of respondents reporting no difficulty in covering monthly expenses and bills has increased from just over a third in 2009 (36 percent) to nearly half in 2015 (48 percent), and the percentage of respondents with emergency funds has increased from 35 percent in 2009 to 46 percent in 2015. 
  
 “This research underscores the critical need for innovative strategies to equip consumers with the tools and education required to effectively manage their financial lives,” said FINRA Foundation Chairman Richard Ketchum. “My hope is that policymakers, researchers and advocates will use these findings to make more informed decisions about how to best reach underserved populations.” 
  
 “The National Financial Capability Study is one of most important sources of data to understand Americans' personal finances,” said GFLEC Academic Director Annamaria Lusardi. “It has advanced our knowledge of both financial literacy and financial capability and made it possible to study policy-relevant questions.” 
  
 The NCFS is part of a large-scale, multi-year project that provides an in-depth, comprehensive understanding of financial capability and behaviors in the United States. The first study was conducted in 2009, then in 2012 and in 2015, and boasts one of the nation’s most inclusive and in-depth representations of age, race, education and gender on these topics. In addition, the data set allows for state-by state comparisons of financial literacy, making it valuable to policy makers interested in better understanding the level of financial capability in their states. 
  
 The survey’s full data set, methodology and related questionnaire are available at USFinancialCapability.org. 
  
 State-by-state results are available for all 50 states and the District of Columbia for the 2015, 2012 and 2009 survey years. 
  
 The FINRA Foundation supports innovative research and educational projects that give underserved Americans the knowledge, skills and tools necessary for financial success throughout life. For more information about grant programs and other FINRA Foundation initiatives, visit finrafoundation.org. ||||| Making Ends Meet A significant part of financial capability is the ability to make ends meet through adequate savings. Having resources for immediate medical needs is also an important component. In the U.S., 18% of individuals reported that over the past year, their household spent more than their income (not including the purchase of a new home, car or other big investment), while 21% of individuals reported having medical bills that are past due. Individuals who are not balancing monthly income and expenses are not saving and thus may find themselves struggling to make ends meet. Overdue medical debt can further compound a household’s ability to meet monthly financial obligations. For data in graphs on Making Ends Meet, click here 
  
 Planning Ahead Many Americans are not planning ahead for their financial future. In the U.S., 50% of individuals lack a rainy day fund to cover expenses for three months, in case of emergencies such as sickness, job loss or economic downturn. Individuals without this emergency fund lack adequate protection against financial emergencies or other shocks which may threaten their financial stability. For data in graphs on Planning Ahead, click here 
  
 Managing Financial Products The way financial products - such as non-bank borrowing, credit cards and home loans - are used and managed can illustrate a lack of financial capability for many Americans. In the U.S., 26% of individuals reported using one or more non-bank borrowing methods (e.g. payday loans) in the past five years. Additionally, 32% of those with credit cards paid only the minimum on their credit cards during some months in the last year; and 9% of homeowners owe more on their home than its current market value. These common means of borrowing often come with long-term consequences for personal finances. For data in graphs on Managing Financial Products, click here ||||| Quick: If you take out a $1000 loan that has a 20% rate, how much will you owe a year in interest? 
  
 Answer: $200. But if you got that wrong, you’re not alone. Nearly two thirds of Americans can’t calculate interest payments correctly, according to a new study. About a third said they didn’t even know how. 
  
 One of the silver linings of the financial crisis was that it was supposed to have taught many Americans a lesson, albeit painful, about the dangers of debt, and financial issues in general. Apparently, the message, though, didn’t get across. 
  
 All told, a new study, which was released today, estimated that nearly two-thirds of Americans couldn’t pass a basic financial literacy test, meaning they got fewer than four answers correct on a five-question quiz. Worse, the percentage of those who can pass the test has fallen consistently since the financial crisis to 37% last year, from 42% in 2009. 
  
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 These findings come from the National Capability Study by the FINRA Foundation, which surveyed 27,564 Americans, from June through October of last year. FINRA is a quasi-government organization that regulates brokers and Wall Street. 
  
 Bonds presented one of the biggest problems for respondents of the survey. Just 28% knew what happens to bond prices when interest rates fall. (They rise.) And less than half of all Americans appear to be able to answer basic questions about financial risk. 
  
 Beyond financial literacy, the study found that many Americans have recovered from the financial crisis. Respondents to the survey who reported no difficulty in covering monthly expenses and bills increased 12 percentage points, to 48% in 2015 from 36% in 2009. The percentage of respondents with emergency funds has increased to 46% from 35% in the same years. Additionally, more than half of those using credit cards reported that they pay off their balance each month—the highest percentage since the survey began, the study found. 
  
 However, the study also showed that even eight years after the financial crisis, significant segments of the population, including African-Americans, Hispanics, women, Millennials, and people lacking a high school education—so a lot of people—are still worse off then before the recession. 
  
 Women are more likely to put off medical services like seeing a doctor, buying prescriptions, or undergoing a medical procedure due to cost. This leaves more than one in five Americans, or 21%, with unpaid medical debt, according to the study. 
  
 As for minorities, 39% of blacks and 34% of Latinos have used such high-cost forms of borrowing as pawn shops and payday loans, compared with 21% of whites and 21% of Asians. 
  
 And unlike their predecessors, 29% of Millennials, who are 18 to 34, said they had been tardy paying their mortgage, vs. 16% of those ages 35 to 54. And 45% of all respondents with no college education said that if they had an emergency requiring them to pull together $2,000 within a month, they wouldn’t be able to do so. 
  
 “This research underscores the critical need for innovative strategies to equip consumers with the tools and education required to effectively manage their financial lives,” said FINRA Foundation Chairman Richard Ketchum in a press release. “My hope is that policymakers, researchers, and advocates will use these findings to make more informed decisions about how to best reach underserved populations.” 
  
 Despite the overall rebound from the Great Recession, Deutsche Bank (db) says there’s a 60% chance the U.S. is headed back into a recession, partly due to the fact that the difference between yields for long-term and short-term bonds has been shrinking. 
  
 As for women, Fortune previously reported that although the increase in the number of women employed has pushed down the female unemployment rate, joblessness among women overall is higher than what it was in the months leading up to the downturn. ||||| Starting in 1996, Alexa Internet has been donating their crawl data to the Internet Archive. Flowing in every day, these data are added to the Wayback Machine after an embargo period. |||||
A:
When it comes to finances, Americans are doing generally better than during the recession. But when it comes to financial literacy, the picture is grim. According to a new survey of 27,564 Americans called the National Financial Capability Study that was put out by the FINRA Foundation, roughly two-thirds of Americans aren't able to correctly answer four out of five basic questions about finances. (You can take the test here.) The kinds of things most Americans don't know? That 20% interest on a $1,000 loan compounded annually results in $200 in interest at the end of the year. And the one that tripped up nearly three in four Americans surveyed? As interest rates rise, bond prices fall. Even worse, as Fortune reports, the percentage of people who are able to pass the test by answering four or five out of the five questions correctly has fallen since the financial crisis, from 42% in 2009 to 37% in 2015—even though the crisis was largely characterized as a warning to better understand basic finances. The good news is that Americans as a whole are feeling less strain financially, with 46% of people having emergency funds in 2015 compared to 35% in 2009. But a huge number of people, including African-Americans, Hispanics, women, millennials, and people without a high school education, are actually worse off than before the recession. And racial discrepancies persist: A whopping 39% of blacks have resorted to high-cost borrowing from, say, pawn shops, compared to 21% of whites and Asians. (This study finds that motivation is more important than math when it comes to successfully tackling debt.)