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Stay informed with free updates Simply sign up to the ESG investing myFT Digest — delivered directly to your inbox. Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, alleging that they conspired to curtail coal supplies to further “a destructive, politicised environmental agenda”. The federal antitrust lawsuit accuses the three … Read more
President-elect Donald Trump caught many by surprise this week when he announced plans to install far-reaching tariffs of 25% on Mexico and Canada and increase existing tariffs on goods imported from China by an additional 10% on his first day in office. During the campaign, “tariff man” had promised to enact such broad-based tariffs to … Read more
The latest reading of the Federal Reserve’s preferred inflation gauge showed price increases were flat in October from the prior month, raising questions over whether progress in getting to the central bank’s 2% goal has stalled. The core Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by … Read more
Blue Owl Capital III declares $0.37 dividend, supplemental dividend of $0.05 per share
Evans May Wealth managing partner Elizabeth Evans explains why A.I. stocks will lead markets higher in 2025 on ‘Making Money.’ U.S. stocks continued marching higher on Wednesday with the Dow Jones Industrial Average hitting a fresh record high, on pace for its 47th record of the year. The S&P 500 and Nasdaq Composite were slightly … Read more
By Nate Raymond (NS:) (Reuters) – The U.S. Treasury Department acted outside its authority when it sanctioned cryptocurrency mixer Tornado Cash in 2022 and accused it of helping launder over $7 billion for North Korean hackers and other malicious cyber actors, a U.S. appeals court ruled. A three-judge panel of the New Orleans-based 5th U.S. … Read more
Statistical agencies trip up when they attempt to weigh the values of good and bad in society
Venture capitalist Marc Andreessen no longer makes the guest list of every dinner party in Silicon Valley, he said, as punishment for abandoning the Democratic Party to back Donald Trump. The co-founder of venture capital firm a16z, also known as Andreessen Horowitz, says social isolation remains a common penalty for those who think differently about … Read more
The latest reading of the Federal Reserve’s preferred inflation gauge showed price increases were flat in October from the prior month, raising questions over whether progress in getting to the central bank’s 2% goal has stalled. The core Personal Consumption Expenditures (PCE) index, which strips out food and energy costs and is closely watched by … Read more
gorodenkoff J.P. Morgan downgraded Alexandria Real Estate Equities (NYSE:ARE) to Neutral from Overweight and lowered its FFO estimates for the life sciences-focused REIT as leasing demand remains mediocre in the segment. Specifically, excess supply in key markets, such as South San Francisco and