Arielle Swernoff is an organizer, strategist, and facilitator based in New York City. She is the Stop the Money Pipeline US Banks Campaign Manager.
Shareholder activism has been a tried and true technique of progressive movement organizations for years. Labor unions, environmental activists, and human rights campaigners have won big change by combining filing shareholder resolutions with public pressure and grassroots campaigns. Wall Street matters in the climate fight because fossil fuel companies simply don’t have the cash on hand to build new coal mines, oil fields, refineries, or pipelines whenever they want. Like other businesses, they need to go to the bank for financing, often in the billions of dollars.
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Wall Street climbs after worst weekly selloff of 2023U.S. stocks climbed on Monday after the main benchmarks suffered their worst weekly selloff this year. My view. As long as the UkraineRussiaWar continues, interest rates & inflation will remain high. Most stock markets will remain under pressure, Bank FD will be a better investment till then. Enjoy ☮️ peace.
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street is upping its expectations for rate hikes — and a recessionMarkets in recent days have accelerated their expectations for rates, but even that may not be enough. 👽
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street bounces modestly after prior week's selloffU.S. stocks rose modestly on Monday as investors engaged in some bargain hunting after last week's losses, the biggest percentage declines of 2023 for the main benchmarks, on jitters about potential interest rate hikes to tame stubbornly high inflation. Don’t worry tomorrow it will be down 800 points Is that what it did?
Source: Reuters - 🏆 2. / 97 Read more »
Stock futures inch higher as Wall Street braces for final trading day of February: Live updatesAll the major indices are on track to post losses for February.
Source: CNBC - 🏆 12. / 72 Read more »