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The Latest Breaking News from Vanguard

‘Drag is so Healing’: Austin’s Queens Won’t Back Down

Performers remain committed to their art in the face of persecution. Digital Editor Kit O'Connell on how drag queens respond to the ban.

Texas Observer

Walmart CSO says the trouble with ESG is it's 'become a boogeyman' but the Fortune 500 giant is 'addressing the things that matter'

Speaking at Fortune's Impact Initiative, GE's Roger Martella said, “We cover the topics that are part of ESG, but we don't really use those silos internally."

Fortune

California veto referendums will look different next year

Welcome to the Wednesday, September 13, Brew.

Ballotpedia

From analysis to the latest developments in health,
read the most diverse news in one place.

BlackRock and Vanguard were once ESG’s biggest proponents–now they seem to be reversing course

Major financial firms have adopted ESG to keep up with the times–but they also saw this as an opportunity to make lots of money.

Fortune

Starfield mod brings Star Wars to Bethesda’s space game

A new Starfield mod doubles down on the space game’s interstellar conflicts by adding actual Star Wars to the mix

USA Today Sports Media Group

'Starfield' Aceles or Microbes? The Best Choice For the Legacy Reborn Quest

The UC Vanguard questline in 'Starfield' asks players to make a big choice about how to deal with the Terrormorph threat.

Inverse

Vanguard joins BlackRock in reducing support for ESG shareholder proposals

Fox Business reported on August 29 that Vanguard—the second largest asset manager in the world and the largest manager of passive funds—reduced its support for pro-ESG proxy proposals during the past shareholder season. The report followed news that BlackRock, the world’s largest asset manager (measured by assets under management) also…

Ballotpedia

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SEC regulation slows ahead of expected climate disclosure rule

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

House Judiciary Committee requests ESG documents from California pension system

Ballotpedia

7 changes I hope Sledgehammer Games implements for Call of Duty: Modern Warfare 3

Call of Duty: Modern Warfare 3 is official, and I have a wishlist of features as long as my arm.

Windows Central

Are Vanguard FTSE Developed Markets ETF (VEA) and WisdomTree Europe Hedged Equity Fund (HEDJ) Strong ETFs to Own?

With strong retail sales stoking interest rate worries and the growing risk of bank downgrades, the stock market could remain highly volatile in the near term. Amid an uncertain macroeconomic backdrop, should you invest in ETFs Vanguard FTSE Developed Markets (VEA) and WisdomTree Europe Hedged (HEDJ)? Read more to find…

StockNews.com

ESG investing is still largely smoke and mirrors

A new study reveals that a handful of big asset and investment managers are responsible for virtually all of the ESG investments in finance.

Fortune

Cash-strapped Americans are being forced to dip into their 401(k) retirement plan to make ends meet

Bank of America said more people had been taking hardship distributions from their retirement plans in recent months in a sign consumers may be running out of savings to propel economic growth.

Fortune

BlackRock announces plans to allow investors to vote their own proxies

The Big Three passive asset management firms—BlackRock, State Street, and Vanguard—have been criticized for using investors’ money in pursuit of political goals. The firms use the funds that they invest on behalf of their clients and vote the proxies that, outside of a pooled index or mutual fund, investors would…

Ballotpedia

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Kiplinger

The Best Vanguard ETFs to Buy

The best Vanguard ETFs all feature rock-bottom fees, large asset bases and long trading histories. Here are a few of our favorites.

The Independent UK

Ice Cube on Kanye, cancel culture and conspiracies: ‘Hip-hop was pure – then the agenda changed’

The hip-hop pioneer and NWA alumnus speaks to Will Pritchard about antisemitism, performing with the greats, and where his politics lie today

Evening Standard

Best camera bags for travel in 2023 tried and tested

Got a nice camera but not enough gear for a pro bag? These are the travel-friendly alternatives

Capital & Main

Big Oil’s War Against ‘Woke Capitalism’

The fossil fuel industry and right-wing activists are increasingly targeting investors that consider environmental and social issues — but is it working?

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news in one place.

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Fortune

Americans’ 401(k)s got slammed last year, Vanguard reveals

The average retirement account balance fell by 20% compared to 2021, according to Vanguard.

Zenger

House Republicans Question Big Three Asset Managers’ Climate Change Efforts

Lawmakers express concerns over potential antitrust violations in firms' ESG initiatives

Ballotpedia

Congressmen send letters requesting ESG information from Big Three asset managers

House Judiciary Committee Chairman Jim Jordan (R-Ohio), along with Reps. Thomas Massie (R-Ky.) and Dan Bishop (R-N.C.), sent letters to the Big Three passive asset management firms—BlackRock, State Street, and Vanguard—on July 6 requesting information about their efforts to combat climate change through ESG. Jordan said such efforts could violate…

Fortune

Top labor economist says the Fed may have just won its inflation fight, batting aside the ‘sticky’ thesis

“Many economists argue that the last mile of inflation reduction will be the hardest, but that isn’t necessarily the case,” ZipRecruiter’s Julia Pollak told Fortune.

Ballotpedia

Financial Services Committee to hold four ESG hearings this week

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

The Guardian - UK

UK ‘wastes billions’ on defence firms that give investors rich returns

Study claims taxpayer is subsidising up to 90% of weapons companies’ research and development budgets

Kiplinger

16 Low-Cost ETFs to Buy

Expense ratios for index funds have declined in recent years, making them a cheap investing strategy to consider. Here are 16 low-cost ETFs to consider.

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