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Blue wave unleashes demand for clean-energy ETFs
INVESTING ESG JAN 11, 2021
Blue wave unleashes demand for clean-energy ETFs

More than $1 billion poured into a pair of clean-energy exchange traded funds last week as the as the Democratic wins in the Georgia runoff increased the odds that President-elect Joe Biden’s energy policies will come to fruition.

Pandemic helped push global ESG bond market to record
INVESTING ESG JAN 11, 2021
Pandemic helped push global ESG bond market to record

Sustainable debt market grew in 2020 to $732 billion, an increase of 29%, thanks to social bond issuance.

SoFi plans for more mergers after going public through SPAC
YOUR PRACTICE FINTECH JAN 08, 2021
SoFi plans for more mergers after going public through SPAC

The online lender known as SoFi, which gained popularity by refinancing student loans, agreed to merge with Social Capital Hedosophia Holdings Corp. V, a special purpose acquisition company. It marks the latest example of a growing trend in which closely held firms go public by merging with a SPAC.

ESG issues in focus for 2021
INVESTING ESG JAN 08, 2021
ESG issues in focus for 2021

Energy, diversity, climate and compensation among the top concerns for socially responsible investors

Biden names Boston Mayor Walsh to head Labor Department
NEWS REGULATION AND LEGISLATION JAN 08, 2021
Biden names Boston Mayor Walsh to head Labor Department

Walsh is a former head of the Boston Building and Construction Trades Council; his appointment is a signal that Biden will make the labor agenda a priority

Democrats will have clout needed for risky bid to end SALT cap
RETIREMENT TAX JAN 08, 2021
Democrats will have clout needed for risky bid to end SALT cap

Democrats have been trying to restore unlimited deductions for state and local taxes since the 2017 tax law capped the benefit, but the effort will be tricky

Gush of ESG bond sales expected from blue wave
INVESTING ESG JAN 07, 2021
Gush of ESG bond sales expected from blue wave

As control shifts to Democrats, corporate bonds for climate, infrastructure and other projects likely to grow

Stocks rally on stimulus hopes
NEWS INDUSTRY NEWS JAN 07, 2021
Stocks rally on stimulus hopes

All major U.S. benchmarks notched all-time highs, with the Nasdaq up 2.5%, a day after violence rocked the Capitol

Crypto market value tops $1 trillion as Bitcoin hits $38,000
INVESTING ALTERNATIVES JAN 07, 2021
Crypto market value tops $1 trillion as Bitcoin hits $38,000

Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko show, and strategists have cited demand from speculative retail traders, trend-following quant funds, the rich and even institutional investors as among the reasons for the surge

Stocks trim gains amid Capitol chaos
NEWS INDUSTRY NEWS JAN 06, 2021
Stocks trim gains amid Capitol chaos

The S&P 500 pared its advance to 0.6% at the close, after rallying as much as 1.5% earlier Wednesday