In the wake of the Florida High School mass shooting, some Americans are looking for ways to take the issue of gun control into their own hands, or wallets. Todd Scorzafava is a Lead Partner of Wealth Management at Eagle Rock Wealth and he joins Cheddar to explain how investors can manage their funds in a socially-minded manner.
Scorzafava explains that most passive investors most likely have gun-related stocks in their investment funds. Scorzafava says that if investors want to get out of those funds, they should work with their advisors and companies to find socially-minded funds or targeted ETFs.
Scorzafava explains that with ETFs investors can understand exactly what is in each of their portfolios. He is seeing an increase of millennial interest in that investing option.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we look at the debt deal, Amazon, Nvidia and C3.ai.
Bobbi Rebell, financial expert and author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart, gives some tips on how to negotiate your bills to save serious money.
JPMorgan said it plans to close 21 around 25 percent of First Republic's branch location by the end of the year. The financial giant purchased the regional bank after it effectively collapsed amid an ongoing crisis in the banking sector.
Airbnb sued New York City on Thursday over an ordinance that the company says imposes arbitrary restrictions that would greatly reduce the local supply of short-term rentals.
Rapper, producer and entrepreneur Sean “Diddy” Combs sued Diageo Wednesday, saying the spirits company didn’t make promised investments in his vodka and tequila brands and treated them as inferior “urban” products.