New ETF makes a big bet on cleaning up the environment
Economy

New ETF makes a big bet on cleaning up the environment

A major ETF provider hopes the grass will get greener for climate-related funds in the United States.Asset manager DWS launched the Xtrackers MSCI USA Climate Action Equity ETF [USCA] this month. It’s designed to mimic a growing investing trend in Europe that’s tied to limiting emissions rather than following broad environmental, social and governance practice.”Institutional… […]

China’s demand for oil and copper is ‘booming,’ says Goldman Sachs
Economy

China’s demand for oil and copper is ‘booming,’ says Goldman Sachs

An oil pump at sunset in Daqing, Heilongjiang province, China, on July 13, 2006.Lucas Schifres | Getty ImagesChina’s demand for many major commodities has been growing at “robust rates,” Goldman Sachs said in a recent note.The investment bank observed that China’s demand for copper has risen 8% year on year, while appetite for iron ore… […]

Is the party over? New data suggests revenge travel may be ending soon
Economy

Is the party over? New data suggests revenge travel may be ending soon

The era of unabated “revenge travel” may be coming to a close.New reports show that, after years of inflation and rising travel costs, travelers may finally be curtailing their travel plans.A new report by the research company Morning Consult shows that travel intentions are increasing in several countries, but flatlining or falling in others, most… […]

Amazon customers report false email confirmations for gift cards they did not buy
Economy

Amazon customers report false email confirmations for gift cards they did not buy

Sheldon Cooper | Lightrocket | Getty ImagesAmazon customer service representatives this weekend have been handling a wave of inquiries from customers who received suspicious and confusing email confirmations about gift card purchases they had not made.Customers on social media said they were sent three consecutive emails, some Saturday night and others Sunday morning, thanking them… […]

Beyoncé’s Renaissance World Tour in talks with AMC for a concert film
Economy

Beyoncé’s Renaissance World Tour in talks with AMC for a concert film

Beyoncé performs onstage during the Renaissance World Tour.Kevin Mazur | Wireimage | Getty ImagesBeyoncé’s Renaissance World Tour may be coming to a theater near you.Makers of a concert film based on the smash-hit concert are reportedly in advanced talks to directly distribute the movie through AMC Theaters, according to a Variety report. Major talent firm CAA started… […]