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The recent clash over environmental, social, and governance (ESG) investment policies among Congressional Republicans has sparked heated debates and discussions in the political arena. Last week, the House Republican ESG Working Group released a comprehensive 37-page report titled “The Failure of ESG: An Examination of Environmental, Social and Governance Factors in the American Boardroom and
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Asian currencies experienced a downward trend on Wednesday as the dollar made gains following recent declines. This shift in the market was particularly evident in the yen, which fell sharply after Bank of Japan officials tempered expectations of interest rate hikes. The dollar index and dollar index futures both rose by 0.3% in Asian trade,
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In recent analyst calls, Piper Sandler upgraded CrowdStrike to overweight from neutral, encouraging investors to buy the dip in the stock. Despite the challenges surrounding the global tech outage that affected millions of computers running Microsoft’s Windows operating system, CrowdStrike has the potential to make a strong rebound. Analyst Rob Owens believes that the company
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The 2024 GIPR2 voting event hosted by the metaverse virtual community MEET48 recently concluded, revealing the top participants in various categories such as Idol Group, Sprout Group, and Virtual Idol Group. This event, which is based on an AI and WEB3.0 diverse UGC entertainment content ecosystem, received significant attention both within the community and in
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Warren Buffett made headlines recently when Berkshire Hathaway revealed that it had sold nearly half of its Apple stake in the last quarter. Despite this significant move, Apple still remains the conglomerate’s largest holding, with a staggering market value of $84.2 billion as of June. This indicates Buffett’s confidence in the tech giant, even as
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In a week filled with market volatility and economic uncertainty, a few stocks have managed to stand out as potential winners. Despite the Dow Jones Industrial Average’s steep drop of nearly 500 points and fears of a looming recession, there are some gems hidden among the sell-off. While the S & P 500 and the
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The increase in municipal bond issuance during July has been attributed to several factors such as front-loaded issuance ahead of the election, a lower rate environment, and a breakneck pace of supply. These trends have continued for the seventh consecutive month, with volume rising to $33.935 billion in 576 issues, representing a 21.2% increase from
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The municipal bond market has shown little change in recent days, with U.S. Treasuries being firmer and equities experiencing mixed activity towards the end of the session. Despite this stability, municipal bond yields remain consistent with levels observed at the beginning of the summer last year. According to Tom Kozlik, the managing director and head
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