All articles tagged with #investment decisions
Daniel Ramsey, a millionaire entrepreneur, shares his approach to saving for his children's future by starting early with Roth IRAs, involving them in investment decisions, and teaching financial values through education and family experiences to ensure responsible wealth management and long-term success.
The United Auto Workers (UAW) strike against the Big Three auto companies has resulted in significant gains for the union, including a tentative deal with Stellantis that will reopen the Belvidere Assembly Plant in Illinois and invest in a new electric vehicle battery plant. This victory goes beyond Belvidere and marks a potential shift toward a more expansive model of unionism that challenges management's control over investment decisions. By asserting control over the firm's investment function, the UAW is reasserting an additional constraint on auto firms' scope of action and forcing them to consider the needs of workers and communities. This victory has implications for the future of the auto industry and the role of unions in shaping company investment decisions.
A new analysis by the Committee to Unleash Prosperity reveals that many asset managers proxy vote in favor of woke shareholder proposals to do racial audits or strangle fossil fuels, even in non-ESG investment vehicles. The report examined 4,814 non-ESG branded funds to see how proxy votes were cast on 50 of the most extreme ESG-oriented shareholder proposals from 2022. The problem is having a hidden agenda that applies to everybody else, and it is important to ensure that asset managers are voting based on the interests of investors rather than political agendas.
Silicon Valley Bank, which provided financing for almost half of US venture-backed technology and health care companies, experienced a bank run that led to its collapse. The bank's fall was the largest failure of a US bank since Washington Mutual in 2008. The story begins years ago with moves made by the Federal Reserve and investment decisions by the bank.