Economy - Finance > Action

5 ways brands can stop performative allyship and become real allies

1 month ago   |   By Business Insider

Performative allyship can damage your reputation and credibility.
EMS-FORSTER-PRODUCTIONS/Getty Images
Many businesses are using performative allyship to promote positive social perceptions of their brand, which is a superficial move that diversity advocate Nika White says can work against you in the long run.
Brands should take an introspective look at their diversity, equity, and inclusion efforts, and assess areas where changes need to be made.
Once you've evaluated these initiatives internally, turn that knowledge into an actionable plan to improve the diversity of your workplace and...
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Worried about the election? Here are some ways to protect your portfolio

1 month ago   |   By CNBC

The U.S. presidential election is less than two weeks away and many investors are fretting over how the results could impact their investments.
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An investing shop overseeing $476 billion analyzed 650 stocks to fine-tune its election strategy. The firm's experts break down the trades to make around a Biden win - and explains how investors can keep portfolios safe

An investing shop overseeing $476 billion analyzed 650 stocks to fine-tune its election strategy. The firm's experts break down the trades to make around a Biden win - and explains how investors can keep portfolios safe

1 month ago   |   By Business Insider

Summary List Placement
With the November election less than two weeks away, investors should brace themselves for a bumpy ride.
In fact, the market this year has already experienced more elevated volatility against nearly all major events in the past 14 years, with the exception of the 2008 global financial crisis, according to David Goodman, senior equity research analyst at Columbia Threadneedle Investments.
"It's very natural for people to be curious about what the markets are pricing in for the day after the elections, and using options contracts that expire before the election - the...
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Here are 5 ways investors should position their portfolios if Joe Biden wins, according to a top investment strategist

1 month ago   |   By Business Insider

Drew Angerer/Getty Images
BNY Mellon told us how the firm is positioning client portfolios in anticipation of the election outcome. Large-cap companies are expected to benefit the most given that they are more tied to the global economy and could benefit from a weaker dollar. The bank said it is making asset allocation changes right now on the basis of fundamentals, not who wins the election. Here are five ways investors should position their portfolios if Joe Biden wins, according to Jeff Mortimer, director of investment strategy at BNY Mellon. Visit Business Insider's homepage for more...
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4 reasons why the S&P 500 will soar 25% by the end of 2022, according to...

4 reasons why the S&P 500 will soar 25% by the end of 2022, according to Goldman's US stock chief

Summary List Placement Goldman Sach's David Kostin told Bloomberg TV the S&P 500 could reach 4600 by the end of 2022, a roughly 25% gain from current levels. The chief US... Read more ...

S&P Global agreed to buy IHS Markit to create market data powerhouse

S&P Global agreed to buy IHS Markit to create market data powerhouse

Summary List Placement S&P Global has agreed to buy IHS Markit for $44 billion, making it the biggest corporate acquisition of the year, per Reuters. The transaction will now... Read more ...

Visa will offer a credit card that rewards purchases in Bitcoin, rather than...

Visa will offer a credit card that rewards purchases in Bitcoin, rather than cash or airline miles, in early 2021

Summary List Placement Visa will launch a credit card that rewards users in Bitcoin, instead of the traditional cash, or airline miles, in early 2021. The card comes at an... Read more ...

Congress Showing Renewed Interest In COVID-19 Relief Bill

Congress Showing Renewed Interest In COVID-19 Relief Bill

Party leaders are discussing proposals while a bipartisan group of lawmakers agitates for a compromise. Read more ...

Spotify launches ‘2020 Wrapped' with new features including quizzes, badges...

Spotify launches ‘2020 Wrapped' with new features including quizzes, badges and, yes, stories

Spotify is today launching its 2020 Wrapped personalized experience - the company's popular year-end review of users' favorite artists, songs, genres, and podcasts. This year... Read more ...

What's driving IT spend growth in Canada, how it will be impacted by...

What's driving IT spend growth in Canada, how it will be impacted by COVID-19, and what the new normal could look like

Summary List Placement The Coronavirus pandemic shook up the global economic landscape in 2020-and the Canadian economy has not been spared. There were about 200,000 recorded... Read more ...

Capital gains are the profits you make from selling your investments, and...

Capital gains are the profits you make from selling your investments, and they can be taxed at lower rates

Summary List Placement We're all pretty sure what "profit" means. After all, income is income - isn't it? Well, not in the eyes of the Internal Revenue Service . The tax people... Read more ...

How Crowdfunding platforms like Republic allow anyone to invest in young...

How Crowdfunding platforms like Republic allow anyone to invest in young startups for as little as $10

Summary List Placement Think only millionaires and big-shot venture capitalists can invest in promising young startups? Not so. Not since 2016. That was the year when... Read more ...

Construction Spending Increased 1.3% in October

Construction Spending Increased 1.3% in October

From the Census Bureau reported that overall construction spending decreased in June: Construction spending during October 2020 was estimated at a seasonally adjusted annual... Read more ...

S&P 500 climbs to record high as vaccine hopes lift economy-linked stocks

S&P 500 climbs to record high as vaccine hopes lift economy-linked stocks

Summary List Placement US stocks rose on Tuesday as vaccine progress further boosted equities hit hardest by the pandemic. The S&P 500 rose to a record intraday high. Investors... Read more ...