The Chinese government on Monday reported its first-ever quarterly decline in foreign direct investment (FDI), potentially a sign that “de-risking” initiatives from Western governments and corporations are cutting into Beijing’s bottom line.
The People’s Bank of China (PBOC), the country’s central bank, said on Wednesday that it will begin trimming back the number of high-risk financial institutions in China to avoid the risk of “bombs” like Silicon Valley Bank (SVB).
As Riverton, Utah, unanimously approved a resolution objecting to the use of environmental, social, and governance (ESG) policies in credit-rating agencies, investment firms, and other financial institutions, the city’s mayor vowed to prevent the “communist-style social credit scoring” from guiding the city’s investment decisions.
Jeff Bezos, one of the richest men in the world, wants to expand his portfolio to include investments in single-family home rentals.
Global investors are buying up single family homes in American suburbs, pushing away first time home buyers and driving up prices.
Alex Kearns, 20, took his own life on June 12. Now his parents are suing stock trading app Robinhood for the circumstances leading to his suicide.
The director general of the Vatican bank, Gian Franco Mammì, confirmed this week that the institution holds no investments in the fossil fuel industry, apparently in response to challenges from climate change activists.
A survey released this week from LendEDU reveals that Americans were already on shaky financial ground even before the impact of the coronavirus outbreak.
Pope Francis insisted Monday that corruption is a “cancer” that makes people look for easy money and ends up making everyone poorer.
A frugal legal secretary from New York City who lived until the age of 96 quietly amassed millions of dollars and donated most of it to charity without telling even her closest friends and relatives.
Gab, a free-speech friendly social media platform taking on Twitter, has raised over $1 million in public investments, hitting the maximum amount allowed by regulations.
Gab, a free speech-friendly social network, has raised nearly $500,000 in public investments.
President Donald Trump could bring high-speed rail lines to America, taking up the mantle that Barack Obama started but failed to complete.
The Wall Street Journal reports Thursday that billionaire left-wing financier George Soros lost nearly $1 billion as a result of Donald Trump’s surprise victory in the November 2016 presidential election.
The Blue Bottle Coffee, the Bay Area foodies’ favorite coffee house, merged with the Tartine Bakery and Café in April. Now, the combined artisan food company has raised $70 million in venture capital to be the “next big thing.”
