Environmental, Social, and Governance investing is one of the hottest topics in finance. Scott O'Reilly, VP of Investment Product at Fidelity, sat with us to discuss how to evaluate ESG investment options.
O'Reilly said ESG used to be seen as a way to eliminate sin stocks. Now, the strategy has become a more innovative way to consider a company's risks, he added.
One major concern for the investment approach has been the idea of sacrificing portfolio returns. O'Reilly said research has shown that fear, so far, hasn't turned into reality. He sees ESG investing as a way to avoiding the kinds of risks a company could have that would impact their performance
The state of Arkansas sued TikTok and Facebook parent Meta on Tuesday, claiming the social media companies were misleading consumers about the safety of children on their platforms and protections of users' private data.
Stocks are rising again as a bit more fear evaporates from Wall Street. The S&P 500 was up 0.7% early Thursday. The benchmark index is on pace for its fifth gain in the last six days.
The Federal Deposit Insurance Corp. is set to pay almost $23 billion to stabilize the banking sector. That money comes from an insurance fund that is refilled through fees paid by banks. Now the agency is considering a special assessment on the entire industry to help make up the costs, according to a Bloomberg report.
About 61% of Americans say the economy is impacting their mental health, according to a PayPal survey. Shanthi Sarkar, vice president of financial services at PayPal, joined Cheddar News to break down some key takeaways from the survey and offer tips on saving and managing money.
Monthly VC funding fell below $20 billion in February, marking a two-year low. Jager McConnell, CEO of Crunchbase, joined Cheddar News to discuss the current funding climate and what lies ahead.
