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Showing 1 - 10 of 72 results for "US House"

Laws to limit US pension plans' use of ESG pass

JAMIE WILLIAMSON  |  FRIDAY, 16 JAN 2026
The US House of Representatives has passed the Protecting Prudent Investment of Retirement Savings Act, limiting certain pension funds from considering environmental, social and governance factors in their investment decision making. The House voted ...

Overcoming the three-body problem in advice

JAMIE WILLIAMSON  |  FRIDAY, 1 AUG 2025
Financial advisers have heard how an active, factor-based approach can help eliminate the three-body problem in financial advice. In 1867, Sir Isaac Newton identified the three-body problem. Relating to the laws of gravity, he found that it's impossible ...

Aware Super completes $1bn of acquisitions

ELIZA BAVIN  |  MONDAY, 21 JUL 2025
Aware Super has completed the acquisition of three super-prime office buildings in central London through its strategic partnership with Delancey Real Estate in the DARE platform, for a combined value of around $1.03 billion (£500m ). Aware Super said ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
Bitcoin exchange-traded funds (ETFs) have been approved by the Securities and Exchange Commission (SEC), a landmark moment for the legitimisation of the world's largest cryptocurrency. The SEC approved 11 Bitcoin ETF application from major institutional ...

Biden signs executive order on digital assets

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
US President Joe Biden has signed an executive order on ensuring the responsible development of digital assets, in a move that has seen the price of Bitcoin jump. Signed overnight, the executive order outlines the first whole-of-government strategy ...

PIMCO lowers GDP growth rate

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
Australia, together with other rich countries, can expect economic activity to slow down in 2022 as coronavirus outbreaks continue to put a spanner in the works. Fund manager PIMCO has downgraded its developed markets outlook for countries that also ...

Bezos adds billions

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
Amazon founder Jeff Bezos added US$13 billion to his net worth in a single day marking the largest single day jump for an individual, according to the Bloomberg Billionaires Index. The spike in wealth was due to a near 8% spike in Amazon shares, due ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
... jobless claims came in below worst fears and the focus stayed on the US$2 trillion stimulus awaiting approval by the US House of Representatives, according to Morningstar. The stimulus package reportedly includes US$500 billion to fund industries impacted ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
If very, very recent history is any guide, US President Donald Trump would soon be tempering his trade war tweets versus China. Trump did so early this year - prompting financial markets and economic and business agents to expect that a trade deal is ...

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
UBS has materially reduced downside risk for housing as last Saturday's elections lay to rest Labor's negative gearing plans and separately, APRA is easing its stance on mortgage lending. "The main implication of the election is the absence of expected ...
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