Author: Journalist
00:00 Speaker A Yes, right now, we’re seeing oil a little changed, a little above $67 a barrel. This has been something, uh, that is the slide in oil prices has been a big help for consumers. There’s an OPEC meeting this weekend. What should we be watching? 00:19 Speaker B Yeah, and OPEC could definitely increase its output by another 411,000 barrels per day. This would be the fourth month in a row that they do this. Look, Wall Street is basically saying that we may have already seen the highs of oil this year. Um, JP Morgan expects…
Earlier this year, the U.S. Securities and Exchange Commission adopted rules requiring public companies to disclose climate-related risks so investors can make informed decisions about them; meanwhile, more than a dozen states have gone in the opposite direction, arguing that public pension funds should only consider financial returns and passing legislation that seeks to prevent funds from boycotting fossil fuel investments or from making decisions based on ESG—environmental, social, and governance—factors. A new study co-authored by Yale School of Management Professor Edward Watts—which was cited in the footnotes of the new SEC rules—offers something for both sides of the argument.…