Investors fear that the tariffs will cause inflation to accelerate and economic growth to slow. Financial advisors urge caution, noting that many of the effects are yet to be seen. “Right now, there are so many questions,” Catherine Valega, a wealth manager at Burlington-based Green Bee Advisory. “We’re talking about US exceptionalism — is that
A major legal victory has reaffirmed the power of New York City’s pension funds to prioritize smart, forward-thinking investments. As Pensions & Investments detailed, the New York State appeals court has upheld a ruling dismissing a lawsuit that challenged the city’s decision to divest from dirty fuels — marking another win for long-term financial security
In the past few months, some of the largest banks and asset managers in the United States have quit net zero networks, the climate groups that encourage their members to set ambitious carbon reduction targets and collaborate internationally on sustainability efforts. But the week after Donald J. Trump won re-election in November, NYCERS, a pension
Columbia University agreed on Friday to overhaul its protest policies, security practices and Middle Eastern studies department in a remarkable concession to the Trump administration, which has refused to consider restoring $400 million in federal funds without major changes. The agreement, which stunned and dismayed many members of the faculty, could signal a new stage
Columbia University agreed on Friday to overhaul its protest policies, security practices and Middle Eastern studies department in a remarkable concession to the Trump administration, which has refused to consider restoring $400 million in federal funds without major changes. The agreement, which stunned and dismayed many members of the faculty, could signal a new stage
The Trump administration threatened on Tuesday to withhold federal funding from New York’s mass transit network if the Metropolitan Transportation Authority did not respond to a series of demands about efforts to prevent crime on the city’s subway and buses. Sean Duffy, the transportation secretary, said in a letter that the M.T.A. must provide a