Kyle Bass Says Blackballing Oil Was Always a Lost Cause for ESG

(Bloomberg) — One of the most contentious investing strategies on Wall Street might be a lot less beleaguered right now if its defenders had shown a bit more moderation from…

Why Starbucks’ new super-commuting CEO should run Gap CEO’s playbook

This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The chart of the day What we're watching…

Crucial September jobs report kicks off a new month: What to know this week

After a whipsaw month of market action, the S&P 500 (^GSPC) logged its fourth-straight winning month to end August. For the month, the S&P 500 added nearly 2.3% while the…

Why investors turn to ETFs during times of market stress

Market volatility often prompts investors to kick the tires on their portfolio, which for US investors has often meant turning to exchange traded funds, or ETFs, to refresh positions or…

Guyana Raises Growth Estimates to 43% as Oil Production Surges

(Bloomberg) — President Irfaan Ali raised estimates for Guyana’s yearly growth to 42.8% from a prior 34.8%, as he projects “ramped up” investments from the public and private sectors. Most…

US Jobs Data Will Help the Fed Gauge the Extent of Its Moderation

(Bloomberg) — Upcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for further interest-rate reductions after an all-but-certain…

In Rare Summer Opinion, Supreme Court Follows Sixth Circuit’s Lead

In Department of Education v. Louisiana, the Supreme Court issued a rare August opinion to maintain two preliminary injunctions that block the Department of Education’s new rule.  That rule expands Title…

Harris, Trump, and their allies have roughly $1 billion. Now the race is on to spend it.

Kamala Harris and Donald Trump have war chests overflowing with nearly a billion dollars (at least) as they enter the final phase of the 2024 campaign. Now the sprint begins…

Harris’s proposed unrealized capital gains tax is unlikely to pass: CIO

Unrealized capital gains tax proposals may be floating back into the zeitgeist as the Harris presidential campaign marches on, but for some, the noise around it is much ado about…

‘Weekend Warriors’ Get the Same Brain Health Benefits As Regular Exercisers

Weekend warriors — individuals who get most of their physical activity over one or two days in a week — gain similar brain health benefits as those who exercise more…