As clients navigate complex markets and increasing uncertainty, financial advisors are rethinking how they guide investment behavior. Traditional economic models are giving way to behavioral finance, where psychological and social factors — especially social norms — play a powerful role. Understanding how these norms influence risk-taking can help advisors tailor strategies, build trust, and drive better client outcomes. What are social norms? Social norms are the generally unspoken expectations or shared understandings that influence what people consider acceptable behavior. Whether descriptive (what people believe others are doing) or injunctive (what people believe others expect them to do), social norms have…
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NEW YORK and SHANGHAI, April 17, 2025 (GLOBE NEWSWIRE) — Chagee Holdings Limited (“CHAGEE”), a leading premium tea drinks brand unique in creating a tea beverage composed of extracted original tea leaves and dairy, rang the opening bell at The Nasdaq today, officially celebrating its transition to a public company. The company shares began trading today. Junjie Zhang, Founder, Chairman of the Board, and CEO; and Hongfei Huang (Aaron), CFO; were joined by partners and friends of the Company at The Nasdaq MarketSite.“Since founding CHAGEE in 2017, we envisioned creating a global brand,” said Junjie Zhang, Founder, Chairman of the Board, and…
The federal budget remains a disaster, and for all the splashy talk of cost-cutting and tariff-driven revenue, Americans know it. Especially galling is that the latest fiscal wreckage is being overseen by an administration that promised business acumen and conservative restraint. Republicans are delivering the opposite: a self-inflicted destruction of wealth, rising interest rates, creeping inflation fears and an abandonment of even their usual pretense of fiscal discipline.The Cato Institute’s new national fiscal policy survey results confirm that Americans don’t trust politicians to manage our money. Seventy-six percent say the federal government spends too much. An astonishing 85% say the…
Microsoft has taken a major step in its efforts to reduce its impact on the environment. The tech company recently signed the biggest-ever deal to remove carbon dioxide (CO2) from the atmosphere. This agreement is part of Microsoft’s plan to become carbon negative by 2030, which means it wants to remove more CO2 from the air than it releases. The deal is with a company called Fidelis, through its portfolio company AtmosClear. Over the next 15 years, Microsoft will pay AtmosClear to permanently remove 6.75 million metric tons of CO2 using a special type of technology called BECCS. Burning Plants,…
Microsoft has taken a major step in its efforts to reduce its impact on the environment. The tech company recently signed the biggest-ever deal to remove carbon dioxide (CO2) from the atmosphere. This agreement is part of Microsoft’s plan to become carbon negative by 2030, which means it wants to remove more CO2 from the air than it releases. The deal is with a company called Fidelis, through its portfolio company AtmosClear. Over the next 15 years, Microsoft will pay AtmosClear to permanently remove 6.75 million metric tons of CO2 using a special type of technology called BECCS. Burning Plants,…
Apple has proved that climate action is more than a responsibility. It can be a powerful driver of business growth. Since 2015, the company has cut carbon emissions by over 60% while boosting revenue by more than 65%. In 2023, it reduced over 41 million metric tons of carbon dioxide. This reduction came from its operations, manufacturing, and how customers use its products. Its latest sustainability data shows, In 2024, Apple’s net emissions after offsets were 14.5 million metric tons CO₂e, while in 2023 they were 15.6 million metric tons CO₂e. Source: Apple Apple’s Clean Power Play: Cutting Carbon, One…
Japanese environmental consultancy ByWill has lined up two more partnerships expected to generate carbon credits from solar power… Source link
Hydrostor, Canada’s leading developer of long-duration energy storage projects, is moving ahead with its $1.5 billion Willow Rock Energy Storage Center in Kern County, California. The project uses compressed air to store renewable energy and will deliver 500 MW of power for up to eight hours. It’s almost 2X that of most lithium-ion battery systems can sustain. If completed, it would mark the first compressed air energy storage (CAES) facility built in the U.S. in more than 30 years. S&P Global recently provided an update regarding its permit processes for the Willow Rock Energy project. It is working to complete…
Hydrostor, Canada’s leading developer of long-duration energy storage projects, is moving ahead with its $1.5 billion Willow Rock Energy Storage Center in Kern County, California. The project uses compressed air to store renewable energy and will deliver 500 MW of power for up to eight hours. It’s almost 2X that of most lithium-ion battery systems can sustain. If completed, it would mark the first compressed air energy storage (CAES) facility built in the U.S. in more than 30 years. S&P Global recently provided an update regarding its permit processes for the Willow Rock Energy project. It is working to complete…
The struggle for democracy persists as we come into the second half of 2023. As the year progresses, we face lies, corruption, and violence. And so the fight for America will continue as Senate Republicans strive to prevent Democrats from passing even the most popular measures under Biden’s presidency. While prices skyrocket across the country and our rights are put in jeopardy, Americans like you continue to fight for representation and push back against the rise of fascism. Despite the challenges facing the journalism industry these days, we’ve been fortunate to have a loyal reader base and to be able…