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Mar 7, 2024

Companies need to calculate risks as the climate changes

The SEC passed new rules this week requiring public companies to disclose climate-related risks to investors.

SEC adopts rule making companies disclose climate risks
by Elizabeth Trovall
Giles Clarke/Getty Images
The rules are softer than those initially proposed.
When will the Fed cut rates? Senators are likely to put Jay Powell on the spot when he testifies
by Nancy Marshall-Genzer
Chip Somodevilla/Getty Images
He says there’s likely to be a rate cut this year, but he won’t say when.
A lifeline for NYCB?
by David Brancaccio
An embattled regional bank, New York Community Bancorp, is getting a $1 billion injection from investors to help shore things up. Prior to that news, NYCB stock had fallen 45% during stock trading on Wednesday but ended up 7%. It’s a bank that has a lot of commercial real estate loans on the books. Let’s get some context by turning to Erik Gordon, a professor at the University of Michigan’s Ross School of Business.