Author: IA PressRoom

© Reuters. Investing.com — Most Asian currencies kept to a tight range on Monday, while the dollar steadied at a two-month high as signs of sticky inflation and rising U.S. interest rates largely offset optimism over a U.S. debt ceiling deal. fell 0.1%, taking little support from a stronger daily midpoint fix as markets continued to fret over slowing growth in Asia’s largest economy. Focus this week is on key and sector data, due on Wednesday, to gauge the state of an economic recovery in May, after dismal readings in April. A resurgence in Chinese COVID-19 cases has also kept…

CNN  —  Texas Republicans have approved a pair of bills targeting the elections process in Harris County, the state’s largest and home to Houston, with voting rights activists accusing the GOP of plotting a “power grab” in an increasingly Democratic county. The measures, which passed the Republican-controlled state House and Senate, now head to the desk of GOP Gov. Greg Abbott. On Sunday, lawmakers passed legislation known as SB 1933 that would authorize the office of the Texas secretary of state – an Abbott appointee – to “order administrative oversight” of a county elections office if, for instance, a complaint…

TORONTO, ONTARIO, CANADA – 2022/06/26: A group of people associated with Walmart march during Pride … [+] Parade. (Photo by Roberto Machado Noa/LightRocket via Getty Images)LightRocket via Getty Images Target recently drew the ire of conservatives for LGBTQ+ Pride merchandise. As this action has been speculated to be the result of ESG influence, it is worth looking at Target’s TGT biggest competitor, Walmart, to see if their 2022 ESG Report states similar LGBTQ+ goals. Environmental, social, and governance, or ESG, is a type of investing where factors beyond strictly financial matters are considered. As ESG investing has increased, publicly traded…

Gen Z Is Ditching Credit Cards for Cash Stuffing in ’90s Throwback Gen Z is bringing cash back. A staggering 69% of Gen Z is using cash more now than they did 12 months ago, more than Gen X (47%) or the baby boomers (37%), according to a recent Credit Karma report. The findings show a rise in “cash stuffing” by Gen Z’ers learning how to manage their cold hard cash. Cash or envelope stuffing is an old-school budgeting hack, commonly touted by renowned financial adviser Dave Ramsey, that is making a resurgence on social media as Gen Z struggles…

Toyota is on course for an unprecedented showdown with investors next month after proxy advisers backed a shareholder challenge on climate policy and recommended a vote against Japan’s most powerful business executive.The challenge to the country’s largest company by market capitalisation epitomises what many investors believe are big shifts under way in the Japanese stock market as shareholders and the Tokyo exchange seek higher governance standards.In a report sent to investors last week, the US proxy adviser Glass Lewis recommended that shareholders vote against the reappointment as Toyota chair of Akio Toyoda, the grandson of the company’s founder and a…

© Reuters. FILE PHOTO: President Joe Biden shakes hands with House Speaker Kevin McCarthy of Calif., after the State of the Union address to a joint session of Congress at the Capitol, Tuesday, Feb. 7, 2023, in Washington. Jacquelyn Martin/Pool via REUTERS/File Ph By Steve Holland WASHINGTON (Reuters) – When Kevin McCarthy was struggling early this year to get enough votes from his own Republicans to become Speaker of the House of Representatives, Democratic President Joe Biden called the prolonged saga a national embarrassment, then had a little fun. “I’ve got good news for you,” Biden said, pointing playfully at…

© Reuters. FILE PHOTO: The logo of Price Waterhouse Coopers is seen at its Berlin office in Berlin, Germany, September 20, 2019. REUTERS/Wolfgang Rattay/File Photo By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia on Monday ordered nine partners to take leave and overhauled its governance board, as it battles a national scandal over the misuse of confidential government tax plans. The “big four” firm is reeling after a former tax partner consulting on new anti-tax avoidance laws shared confidential drafts with colleagues that were then used to drum up business. In an open letter, acting chief executive Kristin Stubbins…

Source: AdobeStock / Alexey NovikovJP Morgan Chase has filed a trademark application with the US Patent and Trademark Office for a finance-themed AI chatbot named “IndexGPT.”According to the application filed earlier this month, the tool is intended to assist investors in selecting financial securities and financial assets. The application suggests the AI chatbot will provide investment advice in “financial investment in the field of securities” and “funds investment”, as well as in “advertising” and “marketing services”. The new application comes after a February survey by JP Morgan revealed that more than half of the institutional traders believed artificial intelligence and machine learning would be…

Gov. Ron DeSantis of Florida officially entered the presidential race last week, but he appears farther than ever from the one-on-one matchup that his allies believe he needs to wrest the nomination from former President Donald J. Trump.Former Vice President Mike Pence is burrowing deeper into Iowa, crucial to his effort to dislodge the Republican front-runners, even before he has announced his bid. Former Gov. Chris Christie of New Jersey is intensifying preparations for another campaign, with an expected focus on New Hampshire. And Republican donors and leadership on Capitol Hill are showing fresh interest in Senator Tim Scott of…

Maksim Safaniuk/iStock via Getty Images The new debt ceiling deal includes a provision that would accelerate the completion of the Mountain Valley Pipeline, according to multiple reports, an unexpected development that is sure to upset some D.C. legislators who oppose new fossil fuel infrastructure. According to the deal text, “the timely completion of construction and operation of the Mountain Valley Pipeline is required in the national interest,” and it calls for the U.S. Army to “issue all permits or verifications necessary to complete the construction of [MVP] across the waters of the United States, and to allow for the operation…