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GOP effort to curb ESG proves unsuccessful so far
RETIREMENT RETIREMENT PLANNING AUG 03, 2023
GOP effort to curb ESG proves unsuccessful so far

'If you’re expecting any meaningful legislation to emerge from all the Republicans’ talking points, think again,' says Washington Research Group's John Miller.

Treasuries sell-off pushes 10-year yields to 2023 high
NEWS INDUSTRY NEWS AUG 03, 2023
Treasuries sell-off pushes 10-year yields to 2023 high

Equities decline amid earnings and economic policies.

IRS probes wealthy in Malta tax scheme but they’re not the target
NEWS INDUSTRY NEWS AUG 03, 2023
IRS probes wealthy in Malta tax scheme but they’re not the target

Tax experts believe the investigation of wealthy Americans is ultimately designed to snare the promoters.

Commodity ETFs gain as traders bet recession will be avoided
NEWS INDUSTRY NEWS AUG 03, 2023
Commodity ETFs gain as traders bet recession will be avoided

The asset class has benefitted from expectation that global growth will pick up.

Corporate ESG claims to face audits to address greenwashing fears
INVESTING ESG AUG 02, 2023
Corporate ESG claims to face audits to address greenwashing fears

Proposed standards reflect investor and stakeholder concern that corporate disclosures about sustainability aren't always reliable.

Missing Goldman Sachs analyst found dead
NEWS INDUSTRY NEWS AUG 02, 2023
Missing Goldman Sachs analyst found dead

John Castic, last seen after attending a concert Saturday night, was found in a creek in Brooklyn.

Stocks slump following Fitch's US downgrade
NEWS INDUSTRY NEWS AUG 02, 2023
Stocks slump following Fitch's US downgrade

The rating agency's decision sparked a pullback from riskier assets.

BlackRock, MSCI probed by lawmakers over China investments
NEWS INDUSTRY NEWS AUG 02, 2023
BlackRock, MSCI probed by lawmakers over China investments

Congressional committee is investigating whether the asset managers facilitated investments into blacklisted firms.

Bitcoin rally could endure if US manages a soft landing
NEWS INDUSTRY NEWS AUG 02, 2023
Bitcoin rally could endure if US manages a soft landing

But further tightening by the Fed could put a swift end to the crypto rally.

Fitch downgrades US credit rating
INVESTING FIXED INCOME AUG 01, 2023
Fitch downgrades US credit rating

In cutting its rating on US sovereign debt to AA from AAA, Fitch cited 'repeated debt limit standoffs and last-minute resolutions.'