Finance
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State treasurers allege top credit rating agencies give higher rankings to Chinese companies
The state financial officers point out that China produces more emissions than any other country in the world, making the ratings "nonsensical by any objective standard."
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Treasury says it will auto-enroll millions of children into Trump accounts through new rules
The funds are intended to give children a hand up and will be made available to the account owner when they turn 18. It will then act as a traditional individual retirement account.
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Trump housing chief says new rules help Americans with mortgage costs
The company said that during the fourth quarter of 2026, the company will default to VantageScore 4.0 for mortgages that will be delivered to Fannie Mae, Freddie Mac, Veteran Affairs home loans and any other eligible mortgages.
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Climate change activist investors win two Exxon Mobil board seats, with 0.02% stake in company
The hedge fund that won the new board members own less than one percent in Exxon.
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US tariffs lead to decrease in Chinese imports
The tariffs now cover about $250 billion in Chinese goods.
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Chamber of Commerce asks states to stop giving out $300 boosts to jobless benefits
"Paying people not to work is dampening what should be a stronger jobs market," said chamber Executive Vice President Neil Bradley.
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SEC potentially delaying the delisting of Chinese stocks from US exchanges raising concerns
The law in question, the Holding Foreign Companies Accountable Act, was enacted in 2020 by then-President Trump.
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Peloton recalls all treadmills for safety concerns, after child's death, dozens of injuries
"I want to be clear, Peloton made a mistake," company CEO John Foley said about not responding to an initial request for a product recall.
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Restaurant owners to receive assistance as feds begin disbursement of $28.6 billion
The Small Business Administration began accepting applications on Monday for financial assistance from the Restaurant Revitalization Fund.
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CEOs answer the call of the woke by pivoting to 'stakeholder' capitalism
America's corporate leaders are tailoring their success metrics to match political agendas of activist progressive shareholders.
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Coca-Cola to raise prices, citing costs associated with pandemic
Coca-Cola CEO James Quincey which products will have a price increase.
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The S&P 500 hit a new record high on Thursday
The S&P 500 closed at a new record high of 4,097.17.
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Economy added 916,000 jobs in March, as vaccine rollout helps speed coronavirus recovery
The monthly increase is the biggest since August 2020.