Tag: ESG investing

Honey, Biden Just Shrunk Our Pension

March 28, 2023
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Commentary President Joe Biden recently issued his first veto since taking office on Jan. 20, 2021. Biden rejected a bipartisan bill that would have required investment fund managers to take politics out of their investment decisions and to stay focused on providing the best return to their clients as much as possible. Why should you…

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ESG Is ‘Sold on a False Promise’: NYU Professor Damodaran

March 11, 2023
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Distinguished professor of finance at NYU’s Stern School of Business Aswath Damodaran speaks his mind on environmental, social and governance (ESG). “ESG is built on quicksand,” Damodaran says. “There are services, and advocates of ESG have no idea what they’re measuring, and they keep changing their mind.” He also explains why ESG is built on…

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Retirements of Millions of Americans in ‘Jeopardy’ as ESG Rule Weakens Protections

March 7, 2023
Business & Marketseconomic policiesenergyERISAESG investingExecutive BranchinflationInvestmentpension planspersonal financePoliticsUS
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News Analysis The Biden administration and Congress are currently caught up in a tug-of-war over a new Labor Department rule regarding whether Americans’ retirement savings should be used to finance a climate and social-justice agenda. This conflict goes well beyond obscure investment rules and administrative procedures and will likely affect the financial security of many…

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Retirement Funds of Millions of Americans in ‘Jeopardy’ as ESG Rule Weakens Protections

March 7, 2023
Business & Marketseconomic policiesenergyERISAESG investingExecutive BranchinflationInvestmentpension planspersonal financePoliticsUS
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News Analysis The Biden administration and Congress are currently caught up in a tug-of-war over a new Labor Department rule regarding whether Americans’ retirement savings should be used to finance a climate and social-justice agenda. This conflict goes well beyond obscure investment rules and administrative procedures and will likely affect the financial security of many…

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LIVE NOW: NTD Business (March 2): OpenAI Opens ChatGPT to Businesses; Gizmodo: 28K Apps Send Data to TikTok

March 2, 2023
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Tesla shares dip after the Investor Day event falls short on details. What were they expecting? OpenAI is opening up access to its ChatGPT tool to third-party businesses, paving the way for the viral chatbot to be integrated into numerous apps and services. Will banning TikTok keep American user data from going to China? A new…

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Capitol Report: Attorney General Merrick Garland Faces Senators on Capitol Hill; Senate Votes on ESG Bill

March 1, 2023
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Is the law applied equally across the political spectrum? In the GOP’s probe into the Department of Justice, how did Attorney General Merrick Garland respond to questions from senators on the Hill? Calls are mounting for more information as the FBI doubles down on the COVID lab leak assessment. How is the White House responding…

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DeSantis Calls For New Laws Barring ESG in Florida Banking

February 13, 2023
Business & Marketscancel cultureeconomic policiesESG investingFeatured TopicsFloridaFlorida Gov. Ron DeSantisPolicies & ImpactsPoliticsRegional & State NewsSocial IssuesState NewsUSUS News
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Gov. Ron DeSantis has proposed new laws restricting financial institutions from using environmental, social, and governance (ESG) principles to guide investment decisions. In a press conference held at Florida SouthWestern State College in Naples, Florida, on Feb. 13, DeSantis said he was partly acting to protect Florida public employees’ pensions, as ESG-driven investing may not…

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New Chamber Touts Revival of Free Enterprise System That Fueled the ‘American Century’

January 20, 2023
Big Tech, Censorship, and SocialismeconomyESG investingFeatured TopicsFirearms IndustryPolicies & ImpactsRegional & State NewsSHOT ShowTechTech NewsUSUS Newswoke capitalism
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LAS VEGAS—The mom-and-pop concession stand on a northern Iowa lake rented boats, sold snacks and beverages, stocked bait and tackle, and offered visiting fisher folk tips on where to cast a line. In the fall, it sold shotgun shells for the hunters who replaced the boaters and anglers during deer seasons, making it worthwhile for…

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