zhongguo Sustainability-focused funds attracted record inflows during the first quarter, pushing global assets under management in ESG funds to nearly $2 trillion, according to a report from Morningstar released Friday. The rise underscores the momentum behind ESG investing, or when environmental, social and governance factors are considered. Assets in these types of funds first topped
Warren Buffett (L), CEO of Berkshire Hathaway, and Vice Chairman Charlie Munger attend the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Johannes Eisele | AFP | Getty Images Warren Buffett will kick off Berkshire Hathaway‘s annual shareholder meeting this Saturday riding high, with shares of the conglomerate at a record and its
President Joe Biden attends the Democratic National Committee’s “Back on Track” drive-in car rally to celebrate his 100th day in office at the Infinite Energy Center in Duluth, Georgia, April 29, 2021. Evelyn Hockstein | Reuters People who earn more than $400,000 would be subject to the 3.8% Medicare tax, if President Joe Biden’s new
In this week’s look at properties abroad, I took a look at how the high-end housing supply in Manhattan stacks up against two traditionally second-home markets in Honolulu and the French Alps. From a custom oceanfront compound in Honolulu to a sophisticated chalet in Courvechel to a designer-done apartment on Park Avenue, here’s a sample
President Joe Biden speaks during a joint session of Congress at the U.S. Capitol on April 28, 2021. Bloomberg | Bloomberg | Getty Images Some business owners may have breathed a sigh of relief when the White House released details of President Joe Biden’s tax plan. That’s because he indicated family owned businesses and farms
There is some good news to come out of 2020 and 2021 after all, and it’s concerning the 401(k)-retirement investment vehicle. Employers and Employees alike stand to reap significant benefit from new legislation that represents some of the most sweeping changes to the retirement space in decades. On January 1st, 2021, the Setting Every Community
More than one year into the Covid-19 pandemic, we are seeing stronger signs of economic recovery. And although the pandemic may be inducing some real changes in the American economy, its biggest impact is acceleration and deepening of pre-pandemic trends, especially inequality. Wednesday’s new estimated GDP figures confirm the overall economic rebound. In the first quarter of
A man with his bicycle on a street in the old quarters of New Delhi on April 19, 2021, as India’s capital will impose a week-long lockdown from tonight, officials said, while the megacity struggles to contain a huge surge in Covid-19 cases with hospitals running out of beds and oxygen supplies low. Sajjad Hussain
In this article QSR-CA Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange, November 6, 2019. Brendan McDermid | Reuters Restaurant Brands International on Friday reported quarterly earnings that topped Wall Street’s expectations as its systemwide sales surpassed 2019 levels. Shares of the company
In this article DARK-GB A Darktrace cybersecurity software demonstration shows how a global problem can start with just one employee’s work station. Michael S. Williamson | The Washington Post | Getty Images LONDON — British cybersecurity start-up Darktrace saw its shares surge as much as 43% in its highly-anticipated London debut Friday. The company priced
The list of places that’s welcoming vaccinated people is growing by the week. Proof of vaccines is easing travel restrictions to some places, and is the only way travelers can gain entrance to others. Yet from health forms to testing protocols, travel remains complicated even for the immunized. Rules differ from one country to the
Paying for college was a problem even before the Covid pandemic. Now, with families under increased financial strain and a higher education more expensive than ever, some parents of college-bound students have reached a breaking point. Most have to borrow to pay for much of the cost of their degree. That has already propelled student loan
Hold on to your Stetsons because the real estate dirt is flying high in Texas, spurred this time, by a familiar real estate name from The Big Apple. On April 27, The Eklund | Gomes Team at Douglas Elliman Texas Real Estate made their first sale in the Lone Star State, and boy, howdy, was
The Canada Revenue Agency recently won its first cryptocurrency-related customer data request — a request involving Coinsquare, the country’s largest cryptocurrency exchange. Under the order, Coinsquare must turn over personal and transactional information about its largest users, which captures about 5 to 10% of its customer base. In many ways, the CRA is following in the footsteps of the IRS, which in 2016
Private jet charter company VistaJet has outlined plans to reach carbon neutrality by 2025 in a bid to get the aviation industry’s sustainability goals off the ground. The strategy includes carbon offsetting schemes contributing to forest protection in Zimbabwe and the Brazilian Amazon, as well as the option for customers to pay extra for sustainable
In this article AMZN Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Amazon is set to report first quarter earnings after the bell Thursday. Here’s what analysts are expecting: Earnings: $9.54 per share, according to Refinitiv Revenue: $104.47 billion, according to Refinitiv Few companies have benefited from the pandemic-fueled surge of online shopping as
In this article @ND.1 @DJ.1 @SP.1 FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC Futures contracts tied to the major U.S. stock indexes dipped at the start of the overnight session Thursday evening as investors pored over a flurry of earnings results and a robust profit beat from e-commerce giant Amazon. Contracts tied
In this article PLTR Alex Karp, CEO of Palantir arrives ahead of a “Tech For Good” meetup at Hotel Marigny in Paris on May 15, 2019, held to discuss good conduct for technology giants. Bertrand Guay | AFP | Getty Images Palantir CEO Alex Karp earned compensation worth about $1.1 billion in 2020, primarily through
President Joe Biden addresses a joint session of Congress at the U.S. Capitol in Washington, DC, U.S. April 28, 2021. Melina Mara | Reuters President Joe Biden has unveiled a plan for higher taxes on inherited homes to help fund the $1.8 trillion American Families Plan. The proposal would tax inherited property gains at death,
NerdWallet’s Home Seller Report reveals what buyers and sellers should know in today’s market. NerdWallet recently released its Home Seller Report. Though the number of homes for sale across the country remain at record lows it appears more sellers will be coming to market over the next 18 months. According to the report “1 in 6 (17%)