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Recent Featured Articles

Featured Articles

June 1, 2022 Ukraine applauds EU ban on most Russian oil imports; fighting rages in strategic Donbas city

Source: CNBC

The European Union has agreed on a plan to block more than two-thirds of Russian oil imports as part of new punitive measures against the Kremlin.

May 31, 2022 What Tesla CEO Elon Musk gets wrong about ESG, according to Dave Nadig

Source: Yahoo Finance

The S&P benchmark environmental, social, and governance (ESG) index dropped Tesla (TSLA) recently, leading Elon Musk to tweet that ESG is a "scam."

May 31, 2022 Dow Jones Futures Rise As Market Rally Extends Gains; Should You Be Aggressive?

Source: Investor's Business Daily

Dow Jones futures rose Monday afternoon, along with S&P 500 futures and Nasdaq futures, with U.S. stock markets closed for Memorial Day.

May 31, 2022 Supply chains: 'This pandemic is not over,' Citi exec explains

Source: Yahoo Finance

The shock of the war in Ukraine and China's zero-COVID policy continues to signal that the pandemic supply chain woes are far from being done.

May 31, 2022 U.S. wheat crop hit by dry winter then soggy spring, adding to global tightness

Source: Reuters

The United States is the world's fourth-largest wheat exporter and problems are hitting output at a time when the world can ill afford to lose any more supplies of the staple grain amid a global food crisis

May 27, 2022 SEC's proposed ESG rule will leave small farms in the lurch, lawmakers from both parties say

Source: Fox Business

More than 100 House members from both parties are attacking a proposed Securities and Exchange Commission (SEC) rule that they say will put "unworkable" regulatory requirements on small farms.

May 27, 2022 Fed minutes point to more rate hikes that go further than the market anticipates

Source: CNBC

Federal Reserve officials earlier this month stressed the need to raise interest rates quickly and possibly more than markets anticipate to tackle a burgeoning inflation problem, minutes from their meeting released Wednesday...

May 27, 2022 Big oil consultant resigns with scathing email to 1,400 executives asking them all to ‘look in the mirror’

Source: Yahoo Finance

A safety consultant resigned from Shell in a blaze of glory when she told executives they needed to admit that the oil giant is “failing on a planetary scale.” U.K.-based Caroline Dennett took to social media following her...

May 27, 2022 SEC weighs crackdown on phony environmental and social justice funds

Source: TechCrunch

Environmental and social justice-focused funds are booming — so much so that the Securities and Exchange Commission is mulling new regulations to clamp down on funds that fail to back up certain altruistic claims.

May 26, 2022 ESG Crusade On Backburner As World Grapples With Energy Crisis

Source: OilPrice

Sure, large institutional investors are not abandoning the ESG trend or insistence that companies need to be prepared to change as the energy transition progresses. But some, including BlackRock, acknowledge the current energy...

May 26, 2022 Pfizer CEO predicts 'constant waves' of COVID-19 because of complacency around the coronavirus and the politicization of the pandemic

Source: Yahoo

While COVID-19 cases are falling globally, they've been gradually rising in the US since early April, according to data from Johns Hopkins University. In the week that ended Sunday, the US reported 790,000 new cases, more than...

May 26, 2022 Amazon.com faces record challenges at shareholder meeting

Source: Reuters

Amazon.com Inc (AMZN.O) faces 14 investor resolutions challenging its policies at its annual shareholder meeting on Wednesday, a record for the retail and cloud computing giant, as socially minded investors scrutinize its...

May 26, 2022 Environmental Groups Take KLM To Court Over Alleged “Greenwashing”

Source: Simple Flying

Environmental groups have launched legal action against KLM, accusing the airline of “greenwashing” and breaching European consumer law. They argue that KLM’s advertising campaigns are misleading, as they give passengers the...

May 25, 2022 Stifel Survey Finds Consumers Value Sustainability but Reassess Spending Priorities as U.S. Inflation Spikes

Source: Globe Nrews Wire

A new Stifel survey finds that most consumers value sustainability when making purchasing decisions, though Americans are reassessing spending priorities as economic conditions change.

May 25, 2022 TRADE These ports are causing the most congestion in the global supply chain, new CNBC charts show

Source: CNBC

CNBC’s Supply Chain Heat Map is a new data tool CNBC created along with 10 of the world’s top maritime and logistics data providers. It shows the scores of challenges facing the global supply chain in real time, so investors can...

May 25, 2022 A record 68% of American households said their savings could cover a $400 emergency in 2021

Source: Yahoo Finance

Last year was a banner year for many American households: Financial well-being reached an all-time high in 2021, as did the share of households that said they could cover a $400 emergency with their savings, according to the...

May 25, 2022 Energy crisis: blackouts, extreme temperatures, and drought expected this summer

Source: Finger Lakes.com

The North American Electric Reliability Corporation (NERC) is warning that rolling electricity blackouts may occur this summer. This is because parts of the US are set to experience extreme temperatures, and drought, which will...

May 24, 2022 HSBC suspends head of responsible investing who called climate warnings ‘shrill’

Source: The Guardian

HSBC has suspended a senior banker after he referred to climate crisis warnings as “unsubstantiated” and “shrill” during a conference speech that has since been denounced by the lender’s chief executive.

May 24, 2022 IMF says global economy faces ‘confluence of calamities’ in biggest test since World War II

Source: CNBC

The International Monetary Fund has warned against “geoeconomic fragmentation” as policymakers and business leaders gather at the World Economic Forum in Davos, Switzerland.

May 24, 2022 Dimon Says ‘Storm Clouds’ Over the US Economy May Dissipate

Source: Bloomberg

“Strong economy, big storm clouds,” the JPMorgan Chase & Co. chief executive officer... “I’m calling it storm clouds because they’re storm clouds. They may dissipate.”

May 24, 2022 A Harvard economist says the economy looks bad right now, but a recession isn’t a sure thing. It all depends on these 2 factors

Source: Fortune

Things look bad right now, but one economist is refusing to get drawn into worst-case scenario fears—and says that two major factors indicate a recession is far from certain.

May 23, 2022 ESG movement ‘weaponized by phony social justice warriors,’ Musk says as Tesla stock dips more than 6% Friday BY TRISTAN BOVE

Source: Fortune

Tesla owner Elon Musk was furious, labeling the entire notion of ESG—which judges corporations’ performance based on environmental, social, and governance metrics—a “scam” on Twitter. The ESG movement had been “weaponized by...

May 23, 2022 Stock futures rise after Dow falls for 8th-straight week in relentless sell-off

Source: CNBC

Stock futures rose in overnight trading Sunday after the Dow Jones Industrial Average fell for its 8th straight week amid a broader market sell-off.

May 23, 2022 Average US gasoline price jumps 33 cents to $4.71 per gallon

Source: ABC News

The average U.S. price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon. Industry analyst Trilby Lundberg the price jump comes amid higher crude oil costs and tight gasoline supplies.

May 23, 2022 Abbott CEO apologizes for the formula shortage as the first overseas shipment arrives

Source: NPR

The CEO of Abbott, the company whose voluntary recall of several widely sold baby formula brands helped trigger a nationwide formula shortage, has apologized for the crisis, as the first overseas shipment of formula approved by...

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