2/12/2017

… to repeal – a promise that is proving to be more complicated to keep than he had expected. Mr. Cohn is working with a health care specialist and consulting with House Republicans: Speaker Paul D. Ryan; Kevin McCarthy, the majority leader; and Jeb …

2/12/2017

… to repeal – a promise that is proving to be more complicated to keep than he had expected. Mr. Cohn is working with a health care specialist and consulting with House Republicans: Speaker Paul D. Ryan; Kevin McCarthy, the majority leader; and Jeb …

Retirement Weekly: Investments for retirement

… exchange-traded funds focused on distinct sectors of the economy. The consumer discretionary, energy, financials, health care, industrials, information technology, materials, consumer staples and utilities ETFs select investments from Standard & …

TIMELINE: The tumultuous 155-year history of oil prices

Most recently, after two years of depressed prices, OPEC agreed to curtail output by 1.2 million barrels per day at its meeting in Vienna in late November in an attempt to end the global supply glut. Several non-OPEC producers including Russia tagged along in December, agreeing to reduce output by about 560,000 bpd .

Largest public pension system to sell all tobacco stocks

The California Public Employees’ Retirement System decided Monday to sell its last $550 million worth of tobacco-related investments nearly two decades after trading away the bulk of them. In a 9-3 vote, the CalPERS investment committee disregarded the advice from its own financial advisers who recommended reversing a sell-off approved in 2000, which has cost the system more than $3 billion in lost earnings.

The nation’s largest public pension system is giving up tobacco.

The California Public Employees’ Retirement System decided Monday to sell off its last $550 million worth of tobacco-related investments nearly two decades after trading away the bulk of them. In a 9-3 vote, the CalPERS investment committee disregarded the advice from its own financial advisers who recommended reversing a sell-off approved in 2000, which has cost the system more than $3 billion in lost earnings.