ESG investing, which focuses on environmental, social, and corporate governance factors, has faced challenges in terms of transparency and varying metrics across companies. This has made it difficult for investors to accurately assess the impact of their investments. However, San Francisco-based asset manager Newday Impact Investing believes it has found a new way forward in
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The Powerball jackpot has reached staggering heights once again, climbing to an estimated $543 million after failing to find a winner in the previous drawing. This is the fourth time in 2023 that the Powerball jackpot has exceeded $500 million, leaving hopeful participants eager to test their luck in the next drawing. With two grand
U.S. ports are undergoing significant upgrades to their cargo handling infrastructure thanks to multimillion dollar grants provided by the Biden administration. These grants are part of a larger $21 billion commitment to modernize port infrastructure across the United States. Midsize port cities, including Baltimore, have been designated as recipients of these grants to facilitate necessary
Cities across the eastern U.S. are making necessary preparations as a significant storm system approaches. This upcoming weather event is expected to bring torrential rain, high winds, and severe thunderstorms to the East Coast, disrupting weekend plans for many individuals. The storm will originate in the Gulf of Mexico on Saturday and gradually travel towards
The Federal Reserve’s preferred inflation gauge will be closely monitored next week as investors seek further confirmation that price pressures are easing. After a recent dovish pivot from the central bank, which pushed the Dow Jones Industrial Average into record territory, market participants are eager to gauge the effectiveness of the Fed’s efforts to cool
In a bid to compete with rival chips from Nvidia and AMD that power large and energy-intensive AI models, Intel has unveiled its latest computer chips, including Gaudi3. This new chip, set to launch next year, is specifically designed for generative AI software. With Nvidia currently dominating the market with its GPUs that power prominent
Adobe, the renowned software maker, experienced a significant drop of over 6% in its share price during after-hours trading on Wednesday. This decline came as a result of the company revealing a forecast for 2024 that fell below expectations. Although Adobe’s performance in the fiscal fourth quarter was impressive, with earnings and revenue surpassing estimates,
President Joe Biden made his harshest criticism yet of the Israeli government during a campaign reception in Washington. He stated that Prime Minister Benjamin Netanyahu has a “tough decision to make” and suggested that the current government is hindering a long-term solution. According to Biden, the conservative government in Israel, led by Netanyahu, is making
In an effort to tackle the mounting fears that artificial intelligence (AI) will replace jobs, Microsoft has announced a groundbreaking partnership with the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO). This collaboration aims to create an open discussion on the future of AI and its potential impact on workers. By joining forces
Investors nearing retirement are increasingly seeking ways to earn stable income while also growing their assets in the long term. This shift in investor mindset is driven by a desire to maintain a consistent paycheck to cover monthly bills and expenses. The growing appetite for stable income products can be attributed to this year’s concentrated