Shift to renewable electricity a win-win at statewide level

Amid rollbacks of the Clean Power Plan and other environmental regulations at the federal level, several U.S. states, cities, and towns have resolved to take matters into their own hands and implement policies to promote ...

When shareholders exacerbate their own banks' crisis

Banks are increasingly issuing 'CoCo' bonds to boost the levels of equity they hold. In a crisis situation, bondholders are forced to convert these bonds into a bank's equity. To date, such bonds have been regarded only as ...

China looks to stamp out cryptocurrency trading

China plans to stamp out all remaining cryptocurrency trading in the country by blocking access to overseas-based websites and removing related applications from app stores.

The best of both worlds for economic predictions

Danish physicist Neils Bohr once quipped that prediction is hard, especially when it is about the future. But this is precisely what financial regulators need to do—forecasting the likely state of the economy in the future ...

Study examines how clean air act affects municipal bond market

Research has studied the effects of climate risk on financial markets, but few studies have addressed the effect of environmental policy on those markets. A new study examined whether federal policy aimed at mitigating local ...

Computer Sciences paying $190M to settle SEC fraud charges

Computer Sciences Corp. is paying a $190 million penalty and a former CEO is returning $3.7 million in compensation to resolve federal regulators' charges of accounting fraud involving an important foreign contract.

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