New Trump administration rule limits large banks' ability to turn away business

Jan 15, 2021
Large banks can't deny services to businesses, like gun-makers and oil drillers, just based on what they do.
The rule prohibits large banks from refusing to lend to certain business sectors, after Republicans voiced frustration at what they saw as a reluctance by banks to finance gun-makers and energy firms.
Jim Watson/AFP via Getty Images

Sustainable investing is actually up during the pandemic recession

Activists were worried investors would abandon investing based on social and environmental goals.
Investors have not only stuck with, but have actually embraced, funds with high sustainability and environmental ratings.
Pixabay

Socially responsible investing is in the crosshairs of the Labor Department

May 7, 2018
An official recommendation was made to not put retirement plans at risk by investing in stocks that focus on environmental social governance, or ESG.
The day's numbers are displayed after the closing bell of the Dow Industrial Average at the New York Stock Exchange on May 3, 2018 in New York.
BRYAN R. SMITH/AFP/Getty Images