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HomeInvestments

Investments

Deposits
Investments

Report: 10 Banks Are Most Exposed To Uninsured Deposits

March 15, 2023 Mariel Alumit

High levels of uninsured deposits helped do in Silicon Valley Bank and Signature Bank. But it turns out they’re not alone. Ten banks owned by U.S.-listed financial companies — including Bank of New York Mellon […]

Dow Jones
Investments

Dow Jones Futures Fall 500 Points As Credit Suisse Triggers European Bank Sell-Off

March 15, 2023 Mariel Alumit

Dow Jones futures sold off early Wednesday, along with S&P 500 futures and Nasdaq futures, with Credit Suisse (CS) tumbling as its top shareholder ruled out investing more in the ailing Swiss bank. The stock […]

Grocery
Investments

Grocery Store Chain Kroger Joins Autonomous-Truck Convoy

March 15, 2023 Mariel Alumit

Grocery store giant Kroger (KR) has signed up to use autonomous trucks from privately held Gatik to move products from its distribution center in Dallas to multiple retail locations in the region. Kroger joins Walmart […]

ESG
ESG

Anti-ESG group launches mobile billboard campaign in DC ahead of expected Biden veto

March 15, 2023 Mariel Alumit

An advocacy group that opposes environmental, social and governance (ESG) investing on Tuesday launched a mobile billboard campaign around Washington, D.C., ahead of President Biden’s expected veto of legislation targeting the investment practice. Consumers’ Research, a […]

Bank
Finance

Kevin O’Leary Says Avoid Bank Stocks and Buy Energy Instead. Here Are 2 Names to Consider

March 15, 2023 Mariel Alumit

In the wake of multiple bank collapses over the past week, many banking stocks’ valuations have fallen sharply and are trading at deep discounts right now. One investor, however, that definitely won’t be looking for […]

ESG
Alternative Investments

ESG scrutiny reveals cracks in credit rating methods

March 14, 2023 Mariel Alumit

Just as businesses and risk managers are expected to think beyond the short term, credit assessment practices must evolve to ensure that the rating system, too, promotes sustainability. 14 March (IEEFA Asia): The environmental, social and […]

ESG
ESG

Woke ESG standards didn’t help SVB, FTX, or Norfolk Southern

March 14, 2023 Mariel Alumit

Video-sharing platform Rumble recently announced that it has no intention of pursuing environmental, social, and governance , or ESG, standards, a catchall term that refers to corporations pursuing liberal goals when it comes to climate change , race, and […]

Finance

Simon Black: The Unraveling Can Happen In An Instant

March 14, 2023 Mariel Alumit

Authored by Simon Black via SovereignMan.com, On Sunday afternoon, September 14, 2008, hundreds of employees of the financial giant Lehman Brothers walked into the bank’s headquarters at 745 Seventh Avenue in New York City to […]

Critical Minerals

New Found Gold soars on new drills results from Iceberg discovery

March 13, 2023 Mariel Alumit

​New Found Gold (TSXV: NFG) has added vertical dimension to the new Iceberg discovery at its 100%-owned Queensway project in Newfoundland with a high-grade intercept of 49.7 g/t gold over 29.85 metres drilled below the […]

Market
Finance

Stock Market Finds Silver Lining As Banking Woes Stir Bonds, Other Markets

March 13, 2023 Mariel Alumit

Stock market indexes fought back from session lows and closed mixed Monday, as investors tried to figure out if some good will come out of the stock market’s nervous moment. The Nasdaq and S&P 500 […]

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