As the effects of climate change loom ever larger, financial markets are embracing sustainability. Long a marginal concern at best, it has become a central component of any successful investment strategy. It’s no wonder the financial industry is starting to incorporate global warming in its risk assessments and requirements for transparency: Recent natural disasters, like the fires in California or ...

Any move by the Federal Reserve is the subject of concern and debate, as it should be. President Donald Trump has gotten involved in that debate, breaking a tradition of recent decades of presidential silence about Fed policy. He is “not even a little bit happy” about higher interest rates. Some economists join Trump in thinking that the Fed is ...

Bloomberg US equities slumped with stocks in Europe and Asia as traders mulled the outlook for global growth and a potential escalation of tension between Washington and Beijing. The pound weakened as Theresa May was said to delay a crucial Brexit vote. The S&P 500 Index was led lower by banks and energy companies as technology shares fared better following ...