MONDAY, MARCH 4, 2024
Economy
BlackRock Retreats From ESG Following Pushback
BlackRock, the world's largest asset manager, has shifted its focus away from ESG (environmental, social, and governance) investing due to political backlash and criticism, instead directing investments towards infrastructure projects for transitioning from fossil fuels.
TUESDAY, MARCH 5, 2024
Economy
Costs Drive Menu Prices Up And Restaurant Owners Out
Independent restaurants are struggling with escalating labor costs and customers' reluctance to pay higher prices, leading to closures and financial challenges for owners.
WEDNESDAY, MARCH 6, 2024
Cryptocurrency
Bitcoin Soars to Record, Falls in Wild Day
Bitcoin reaches a new all-time high before experiencing a significant drop, fueled by increased flows into bitcoin funds and a broader market rally.
THURSDAY, MARCH 7, 2024
Business
Startup Sells Shares Backed by Song Royalties
Startup JKBX offers individual investors the opportunity to buy securities backed by royalty streams from popular songs, aiming to bring music investing to the masses.
SATURDAY/SUNDAY, MARCH 9 - 10, 2024
Economy
Cooling Labor Boosts Rate-Cut Hopes
The U.S. economy shows signs of a soft landing as steady hiring and cooling wage growth support the possibility of lower interest rates later in the year, according to the Labor Department's report, prompting optimism in the market despite the S&P 500's slight decline.
TUESDAY, MARCH 12, 2024 EV
Old Battery Woe Plagues New EVs
Some new electric car models, including Hyundai, Rivian, and Cadillac, are experiencing unexpected 12-volt battery failures, prompting regulatory probes.
WEDNESDAY, MARCH 13, 2024 Economy
Inflation Edges Up, Hits 3.2%
US inflation slightly exceeded expectations in February, rising 3.2% from a year earlier, but this is unlikely to change the expectation of rate cuts by the Federal Reserve later this year.
WEDNESDAY, MARCH 13, 2024 Green-energy
Greening Concrete Is a Booming Business
Investors and entrepreneurs, including Gates and Bezos, are funding startups to develop greener alternatives to concrete production.
THURSDAY, MARCH 14, 2024Healthcare
Weight-Loss Drug Zepbound Available Through Amazon
Amazon Pharmacy partners with Eli Lilly's LillyDirect to deliver weight-loss drug Zepbound and other medications directly to customers.
FRIDAY, MARCH 15, 2024
EV
U.S. Jump-Starts Electric-Vehicle Push With Lithium-Mining Loan
The Biden administration is providing a $2.26 billion loan to the country's largest lithium-mining project, aiding the domestic electric vehicle industry's growth.