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Martin Barraud | OJO Images | Getty Images When introducing clients to the idea of sustainable, or socially responsible, investing, financial advisors’ questions often spark a revelation. “Our first question to any potential client is about values,” said certified financial planner Mitchell Kraus, co-founder of Capital Intelligence Associates in Santa Monica, California. “What do you
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An exterior view of the U.S. Securities and Exchange Commission (SEC) headquarters in Washington. Jonathan Ernst | Reuters What would a Democrat-controlled Securities and Exchange Commission look like? It’s early, but speculation is already raging on Wall Street.  Who will be the next SEC Commissioner?  Former CFTC chair Gary Gensler, who aggressively implemented Dodd Frank
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MoMo Productions Families of color were already trailing their White peers in retirement savings. Then the coronavirus pandemic hit, adding a further hurdle to retirement planning for minorities in the U.S. More than 60% of Hispanic households are at risk of being unable to maintain their current standard of living in retirement, along with 54%
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Jamie Grill | Blend Images | Getty Images Retirement savers appear to be taking advantage of relaxed rules around 401(k) withdrawals during the coronavirus pandemic. The typical 401(k) investor pulled $12,000 from their account in the form of a “coronavirus-related distribution,” according to a new Vanguard analysis of its client data. This figure represents the
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Dr. Michael Osterholm, Regents Professor, McKnight Presidential Endowed Chair in Public Health, and director of the Center for Infectious Disease Research and Policy at the University of Minnesota, announced advances for COVID-19 testing in Minnesota, Wednesday, April 22, 2020 in St. Paul, MN. Glen Stubbe | Star Tribune | Getty Images Shutting down businesses and
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Ben Bland, Indonesia correspondent, explains one of the world’s most complicated elections as the country prepares to elect both chambers of its legislature and a new president. For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
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Allianz Global Investors’ Mona Mahajan won’t rule out market consolidation over the next several weeks. But she’s painting a bullish long-term picture that’s chiefly tied to a key advancement on the coronavirus front. “We’ve had tremendous vaccine news,” the firm’s senior U.S. investment strategist told CNBC’s “Trading Nation” on Tuesday. Since yesterday’s encouraging vaccine announcement
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High-flying automotive executive turned international fugitive Carlos Ghosn believes the coronavirus pandemic will accelerate consolidation of the global automotive industry, including his former employer Nissan Motor. In a rare interview following his daring escape to Lebanon from Japan on Dec. 29, the former Nissan chairman said the industry will continue to struggle even after a
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shapecharge | E+ | Getty Images Medicare beneficiaries who pay extra for coverage due to higher income should be aware that those monthly surcharges are creeping up for 2021. With the standard premium for Part B (which covers outpatient care) now set at $148.50 next year, those so-called income-related monthly adjustment amounts, or IRMAAs, will
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Tech billionaire Mark Cuban has been an outspoken voice throughout the 2020 election process, from endorsing President-elect Joe Biden while criticizing President Donald Trump’s Covid-19 response to saying that certain aspects of “both sides scare me.” Despite making clear his preference of Biden over Trump before this month’s presidential election, Cuban now also says he
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On election night in 2008, when then Senator Barack Obama won Virginia, it became apparent that he would go on to win the election. Here’s a look back at that historic moment. ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ ————————————————– Business Insider is the fastest growing business
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A woman holds her smartphone with the app of the electric scooter sharing provider Tier Mobility next to an e-scooter to use it. Hauke-Christian Dittrich/dpa (Photo by Hauke-Christian Dittrich/picture alliance via Getty Images) Hauke-Christian Dittrich | picture alliance via Getty Images LONDON — German electric scooter rental firm Tier announced Tuesday that it’s raised $250
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