Want a Big Boost in GDP? Bring in Immigrants

President Donald Trump has promised to boost the economy by 3-4 percent. It’s an unlikely prospect, say analysts, noting that 2 percent has historically been about par for the country’s yearly growth. Researchers at ProPublica however, say it’s possible, but it would require scrapping one of his other big campaign promises: deporting and banning immigrants.

Skyrocketing Subprime Auto Loan Defaults Put Cities’ Transport Systems at Risk

Subprime auto loan default rates are rising, which could affect investors worldwide, as they have been purchased these loans through securitized bonds. If the bottom falls out of the market, there could be a huge dent in ridesharing across U.S. cities, as many Uber and Lyft drivers rely on sub prime auto loans to rent cars for work.

Do Banks and Lenders Have an Obligation to be Responsible?

By Jenna Cypress  The average American doesn’t understand personal finance very well. They assume that just because they can qualify for a loan, they can afford the loan. Sadly, this often leads to poor decision-making. Do companies have a moral obligation to keep consumers from taking on too much debt? Ethical considerations in the lending … Continued

3 Game-Changing Impact Investment Firms

As many individuals struggle to find the balance point between profit and responsibility when it comes to investing, impact investment firms remain at the forefront, innovating ways to advance economically with due respect to the environment and those within it. These three firms
stand as strong examples of how profitable enterprise can be merged successfully with social good.

Deloitte Survey: Employees Need to Know Volunteerism Matters

Volunteerism is seen by many hiring influencers as a valuable asset to have on your resume. But not all job applicants realize that value, according to a survey conducted recently by Deloitte Services. That disconnect points toward a huge opportunity for employers to educate employees.

Chile’s Copper Mines: An Investment Hard-Wired for Climate Resilience?

Copper is one of the most useful metals – it has a role in construction, railways and heavy machinery to power transmission and telecommunications to semiconductors, microchips, photovoltaic cells for solar panels and other high-tech applications. But mining the red metal is energy intensive. Which is why Chile’s conversion of copper mines to renewable energy is getting climate folks talking.

BlackRock Investments: ‘Coal is Dead’

An executive at BlackRock recently said in an interview that “coal is dead,” with the future for conventional fuels such as oil also facing a cloudy future.

There Are Climate Change Refugees in the U.S. Right Now

The time for those climate change relocations we’ve speculated about is here, folks. Three communities on opposite ends of the country explore how to weather the expensive challenges of being “climate change refugees.” And interestingly, each has a different challenge and a different answer to the problem.

What You Need to Know About New ESG Fund Ratings

Last year MSCI and Morningstar introduced environmental, social and governance (ESG) ratings for mutual and exchange-traded funds. Both firms rate about 20,000 funds and ETFs. Janet Brown of FundX Investment Group breaks down the need-to-know.