Investors

Chinese Communist Ties Raise Alarms for U.S. Military Academy Takeovers

Chinese-owned companies with close ties to the CCP purchase US military academies, sparking concerns about CCP influence in the education system and future military leaders.

A Banner Year for the Fight Against ESG

Across the country, state financial officers pushed back against the ESG agenda in 2022.

Oklahoma Treasurer Puts Banks and Asset Managers on Notice, Moves to Purge ESG Investments From State Government

Oklahoma Treasurer Todd Russ warned investment companies that they would lose access to state funds in two months if they fail to prove they are not involved in the environmental, social, and corporate governance movement, also known as ESG.

U.S. Treasury Buys Time for Biden and GOP on Debt Limit Deal

The U.S. government bumped up against its debt limit Thursday, prompting the Treasury Department to take “extraordinary” accounting steps to avoid default — as friction between President Joe Biden and House Republicans raised concern about whether the U.S. can sidestep an economic crisis.

Florida Blocking China from ‘Gobbling Up Land’

"We do not need to have CCP influence on Florida's economy," Republican Governor Ron DeSantis said on Tuesday.

American Banks Prepare for Decline in Profits, 17 Percent Drop Predicted for Top Six Banks in the Fourth Quarter

Big banks in the United States are getting ready to deal with shrinking profits due to factors like an overall difficult economic environment, despite the fact that interest incomes have risen over the past year.

U.S. Prosecutors Launch Website for Victims of FTX Fraud

U.S. prosecutors create website for victims to communicate with law enforcement regarding alleged fraud by FTX founder Sam Bankman-Fried.

Republicans Poised for More Anti-ESG Fights in 2023

Republican lawmakers are set to take on the environment, social, and governance (ESG) agenda this year, with multiple states like Florida, Indiana, and Oklahoma targeting the use of such policies for business purposes.

FTX Founder Pleads Not Guilty to Criminal Charges

Charges brought against him by US prosecutors include wire fraud, conspiracy to commit commodities and securities fraud, conspiracy to commit money laundering, and campaign finance violations.

Disney Lost $123 Billion in Market Value in 2022 as Shares Drop 44 Percent

The Walt Disney Co. saw $123 billion of its market value evaporate in 2022 as its stock dropped 44 percent amid profitability concerns, CEO musical chairs, and a suicidal embrace of woke identity politics.

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