ESG has lost its meaning. One advocate says let's throw it in the trash
Not so long ago, Wall Street had a particular obsession with ESG investing, which favors companies that promise to make certain strides on the environment, societal impact and corporate governance. Nearly every CEO of a major company touted their firm's progress toward creating a more sustainable future.
2023-10-03 19:59
A landmark marijuana bill is headed to the Senate floor
The Senate Banking Committee approved a historic marijuana banking bill last week that breaks barriers between financial institutions and cannabis companies.
2023-10-02 19:51
Warning signs suggest this year's stock market rally is on shaky legs
Is this year's market rally coming to an end?
2023-09-29 19:50
Former Goldman, Blackstone analyst charged with insider trading
By Jonathan Stempel NEW YORK (Reuters) -U.S. prosecutors on Thursday announced criminal insider trading charges against a former Goldman Sachs
2023-09-29 01:54
US government shutdowns don't send markets tanking, but the coast is far from clear
The possibility of a US government shutdown has cast a shadow on a market already rife with uncertainty.
2023-09-28 19:50
Coal makes a quiet resurgence in the clean energy era
As momentum shifts toward clean energy, coal has had some unexpected staying power.
2023-09-27 19:53
AI deals give investment banks a glimmer of hope
Dealmaking on Wall Street hit a dead end last year and has struggled ever since.
2023-09-26 19:58
Petition demands expulsion of New Hampshire students accused of sharing and 'grading' photos of female classmates without consent
Some 9th and 10th grade Bedford High School students, in Bedford, New Hampshire, mostly boys, took pictures of 11th and 12th-grade girls' buttocks and breasts without their consent, "grading them and sharing those with others," according to letters sent to parents Thursday and Friday by High School Principal Robert Jozokos.
2023-09-26 02:28
The very rich are often bad investors. Here's why
It's pretty easy to squander vast sums of money. Just ask the descendants of the wealthiest Americans.
2023-09-25 19:46
It was a big week for interest rates. Here's what you need to know
Central bank officials around the world relayed a somewhat unified message this week to the global economy: Inflation is coming down, but the battle is far from won.
2023-09-22 19:57
Exclusive-China scrutinises quant strategies as market weakness stokes public anger - sources
SHANGHAI (Reuters) -As China's stock market struggles to recover, regulators have started to probe some hedge funds and brokerages on
2023-09-21 18:30
Ex-US congressman sentenced to 22 months for insider trading
Former U.S. Congressman Stephen Buyer was sentenced to 22 months in prison on Tuesday for trading on inside
2023-09-20 03:56