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BlackRock exits Net Zero Alliance as backlash over ESG investing widens

BlackRock, which has long been controversial for its focus on so-called ESG (environmental and social governance) investing, is considering leaving the so-called Net Zero Alliance, a coalition of top companies committed to achieving zero carbon. are. Emissions will be cut by 2050, a Post study found. The investment giant, led by billionaire CEO Larry Fink, […]

Emirati billionaire investing $20B in US to build data centers

President-elect Trump announced Tuesday that Emirati billionaire Hussein Sajwani plans to invest $20 billion in the United States “in a very short period of time” and build data centers across the country. The investment will support the construction of new data centers in the Midwest and Sunbelt regions, with the first phase of the project […]

Less than 1% of Microsoft Shareholders Voted in Favor of Investing in Bitcoin – Decrypt

New information has emerged that indicates Microsoft shareholders are strongly opposed. suggestion I started investing in Bitcoin on Tuesday, even though the asset was described as an effective inflation hedge. Only 0.55% of shareholders supported the stock purchase proposal. Bitcoin. Exceeded the top cryptocurrencies by market capitalization $100,000 once again for each coin Wednesday. According […]

Trump offers expedited environmental approvals to companies investing $1B in US

President-elect Trump on Tuesday signaled his intention to quickly approve projects that would invest at least $1 billion in the U.S. economy. President Trump: “Any individual or company investing $1 billion or more in the United States will receive full expedited approvals and permits, including but not limited to all environmental approvals.'' I wrote it […]

GM pulls plug on Cruise robotaxi after investing over $10B

General Motors announced Tuesday it would stop funding its majority-owned cruise business and withdraw from robotaxi development, a blow to the automaker that had made advanced technology a top priority. GM said it would no longer provide funding for the robotaxi business, “given the increasingly competitive robotaxi market and the significant time and resources required […]

Microsoft shareholders vote against company investing in bitcoin

Cryptocurrency investor Joe McCann talks about whether Bitcoin is an investment or a currency in “Cavuto: Coast to Coast.” Microsoft shareholders on Tuesday rejected a proposal that would have seen the tech giant consider investing in Bitcoin as a way to diversify its assets. The proposal, proposed by a conservative think tank known as the […]

Top 5 questions about investing, retirement planning under Trump – Salon

As we await President-elect Donald Trump's second term, speculation is growing about his impact on our nation's finances. Americans are trying to parse his campaign rhetoric against the reality of government as they decide how to plan their future. With another Trump Presidency, here are the top five questions I've received about how to invest. […]

1,200 readers told us what they regret about investing for retirement – Business Insider

Nearly 1,200 Americans shared their financial regrets with BI. Many baby boomer respondents said they regret preparing for retirement. This is part of an ongoing series about boomer regrets. Millions of Americans approaching retirement worry that they are not financially ready or that they will have to work forever. Some are already there. Finances and […]

10 Investing Lessons from the 2024 Election – Barry Ritholtz

good, that It was interesting. There's always something intriguing about a US presidential election, regardless of the outcome. 2024 was no exception. I have spent much of my career studying human decision-making and behavior, especially when operating in groups. This election held some lessons for those who were paying attention. Investing and politics don't mix. […]