MADRID (AP) — Spain’s new government declared a national climate emergency on Tuesday, taking a formal first step toward enacting ambitious measures to fight climate change. The declaration approved by the Cabinet says the left-of-center Socialist government will send to parliament within 100 days its proposed climate legislation. The targets coincide with those of the […]
Getty Images Federal Reserve Board Chairman Jerome Powell has argued that the asset purchases are not quantitative easing, but investors have been skeptical. The Federal Reserve’s expansion of its balance sheet since last fall has supported cyclical and financial stocks and hurt defensive ones like utilities and telecommunication, according to a new study released Tuesday. […]
An attorney for Lev Parnas, the indicted associate of Rudy Giuliani, sent a letter to Attorney General William Barr on Monday, requesting the he recuse himself from Parnas’ criminal case. Parnas was arrested last October and charged with campaign finance violations. In the letter, which was also filed in New York federal court, attorney Joseph […]
WASHINGTON — Senate Majority Leader Mitch McConnell released the rules for a Senate impeachment trial on Monday evening, the night before Republicans in the chamber are set to approve them by what is expected to be a party-line vote. The most noteworthy detail: Republicans will leave the House impeachment managers only two days to make their […]
BlackRock has set out a plan to rid its portfolio of coal companies. But among the diversified miners that dig up an array of products, it’s not obvious which companies will be axed from the fund-management giant’s active funds and which will stay. BlackRock’s plan is to remove from both its actively managed equity and […]
MARKETWATCH FRONT PAGE BlackRock has set out plans to rid its portfolio of coal companies. But for diversified miners that dig up an array of products, it’s not obvious which companies will be axed from the fund management giant’s active funds and which will stay. See full story. A brief history of stock-market closures on […]
An earlier version of this column incorrectly calculated the number of years since the Rev. Martin Luther King Jr.’s death. It has been corrected. Getty Images On this Martin Luther King Jr. Day, Americans will pause to reflect on the civil-rights movement — the progress made and the lingering challenges. Nearly 52 years after Dr. […]
Defense contractor BAE Systems was the best-performing U.K. large-cap company on Monday after announcing plans to buy two different companies that need to be divested for the merger between Raytheon RTN, -0.42% and United Technologies UTX, +0.55% to complete. BAE BA, +3.68% rose 3.7% as it announced it was buying Collins Aerospace’s military […]
Dear Moneyist, I have a money problem that is somewhat different from what I read in your column. It is a problem that many would not view as a problem, but it’s eating me alive. I am 22 years old. I graduated from college last May and, nearly immediately, started a career in management consulting. […]
Chika Nwankpa. Philadelphia Police Department A US college professor has been charged with stealing $185,000 in government grant money, and spending it on strip clubs, dining out, and iTunes. Chikaodinaka Nwankpa, who taught electrical engineering at Drexel University, was charged with theft by unlawful taking and theft by deception, the Philadelphia District Attorney’s Office said. […]