riqegu Surrounding Yourself with Like Minds , Faith and the Law, and more

The Wagner Law Group published a legal opinion letter outlining how and when fiduciaries for defined contribution plans can consider “climate-aligned” funds in investment menus. The letter was written on behalf of Impact Experience, a nonprofit and advocate for sustainable investing. According to the letter, the legal considerations for climate-aligned funds essentially come down to how a fund considers climate-related …

After an introduction to a U.S. regional banking crisis in March took the gold price from just above $1800 to over $2000, Gold Futures have been consolidating those outsized gains by carving out a bullish flagging pattern between $1900 and $2000 for the past five months. On Thursday, Gold Futures closed above $1900 on a monthly basis for a sixth consecutive …

Stockholm-based AP3 has held onto its position as the largest of Sweden’s national pensions buffer funds after a first half where strong stockmarket gains more than made up for real assets losses. Releasing its interim report this morning – the last of the big-four AP buffer funds in the state pension system to do so – AP3 posted a 5.5% …

Sept 1 (Reuters) – U.S. stock index futures extended gains on Friday after a closely watched report showed a rise in the unemployment rate in August, spurring expectations that the Federal Reserve could pause its monetary tightening. The Labor Department’s report showed unemployment rate rose to 3.8% against expectations that it would remain unchanged at 3.5%, while wages advanced 0.2% …

China’s central bank has cut the amount of foreign currency banks need to hold in reserve. The move is an attempt to boost the yuan, which has tumbled this year as the economy has faltered and the central bank has cut interest rates. Lowering interest rates often puts pressure on a country’s currency, since it makes assets elsewhere look more …

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Sept 1 (Reuters) – U.S. stock index futures extended gains on Friday after a closely watched report showed a rise in the unemployment rate in August, spurring expectations that the Federal Reserve could pause …

Cattle: Steady Futures: Mixed Live Equiv: $229.91 -$0.71* Hogs: Steady Futures: Higher Lean Equiv: $99.33 +$0.10** *Based on formula estimating live cattle equivalent of gross packer revenue. (The Live Cattle Equiv. Index has been updated to depict recent changes in live cattle weights and grading percentages.) ** based on formula estimating lean hog equivalent of gross packer revenue. Cash cattle …

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Futures up: Dow 0.35%, S&P 0.29%, Nasdaq 0.15% Sept 1 (Reuters) – U.S. stock index futures were higher on Friday ahead of a reading that could show job growth likely slowed in August, wrapping up a data-packed week for …

In the U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average increased 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. Johnson Matthey added 11% and THG rose 3.2%. On the other hand, bioMerieux slipped 6.2%, and …

China ramped up its efforts to support the struggling yuan Friday. Its central bank slashed the amount of foreign currency financial institutions are required to hold. The renminbi has plummeted against the dollar this year, with China’s economy stagnating. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. …